ronscarpa

...LOL....it's hot for two months, but bearable (dry - low humidity). About 2-3 weeks there is some humidity due to t-storms and monsoon weather from warm moist air coming up from the Sea of Cortez.

The old Harry Reid Political Machine has really turned it into a blue state, but people are starting to wake up to the reality of the negative Democratic influence. I believe this years election will bring some changes. The Christian church influence is significant in Las Vegas, and we have the Mayor's ear; and we work very closely and have favor with Metro Police, the Mayor's administration, and the educational system. The beauty is it is an income tax free state. Car insurance is high, sales tax is 8.25%, but RE taxes are about 1%. Property values are going up because of the California exodus, but still 20% less than the 2006 high...! My wife doesn't want to move...! I hope this helps...feel free to call me at 702-883-6605 if you want to talk more. Be blessed Chuck. Ron

This guy copied this from Frank26 and reworded it a bit IMO..! ...LOL..! 2-10-2020 Intel Guru RayRen98 SUPPOSEDLY - THE CBI MET WITH ALL THE BANKS, INFORMED THEM OF THE ENTIRE (DETAILED) RV PROCESS - FROM START TO FINISH, AND ARE PREPARING TO ANNOUNCE THE SAME TO THE CITIZENS...TIME WILL TELL

Sorry....I forgot to post the Snake - here he is: 2-10-2020 Guest Guru TexasSnake My intel is similar [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday. We've heard all this before by those NOT in the know, who said they were...LOL..!

Just for laughs....! 2-10-2020 Intel Guru MarkZ Very busy weekend for everybody… Bankers... sources are squarely looking at tomorrow for something to break loose and spendable dollars by Wednesday right now. I am also hopeful that they are correct. In Iraq- Allowi is fully in control…my folks over there are just tickled at how things are shaping up. Sadr is out and heading off to Iran. I have not seen those guys over there this excited in a long time. 2-10-2020 Intel Guru Okie_Oil_Man [Do we have to have receipts where we purchased our currency?] You do not have to bring proof of purchase…just bring your currency. People are complicating what should be a simple appointment. If you have currency they will not ask you where you got it…they will just redeem it.

New Updated information late Afternoon in Iraq: ( Updated: Monday - 2/10/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 2-10-2020) 1194.981 IQD to 1 USD

2-10-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD TAWFIQ ALLAWI TO ADDRESS THE 2020 FISCAL DEFICIT" Quote: "AFTER THE PARLIAMENT VOTES BY AN ABSOLUTE MAJORITY OF THE MEMBERS OF THE NEW GOVERNMENT AND THE MINISTERIAL PLATFORM, THE ALLAWI GOVERNMENT CAN DISCUSS THE BUDGET AND SEND IT TO THE PARLIAMENT." this article is telling us that Allawi’s new government must be formed and ratified by parliament before the new budget can be sent over to them. This is why Allawi must work quickly to form his new cabinet. Also they tell us he does not like the large deficit and so he is going to first address it too before sending it over. 2-10-2020 Intel Guru Frank26 ...last Thursday members of the CBI elite and the Minister of Finance...met with the banks of Iraq. All the banks of Iraq. All the lending institutions that deal with money. I talked with [Guru] Walkingstick...and I said were you guys there? He said yeah. 'My firm was there...they laid it out completely. The whole roadmap for the redenomination, for the revaluation, the recalculating and for what they're about to do. The reinstatement of their currency'...they laid it all out. This is what we've done. This is where we're at. This is how many times we postponed it. This is why we're about to do it now. This is what we're gonna do. These are our benchmarks at every point along the way. This is what we've accomplished...they talked about timeframes on their currency reform. It was laid out from the very beginning of the Monetary reform all the way to the end. And the end is now...the CBI is about to speak to the citizens of Iraq and they're going to share all of this information that they have...

In my opinion, not that it really means anything, Allawi should do all he can to bring Shabibi back to Iraq to be the CBI Governor again to implement the plan he set in motion years ago..! Ron

( IQD Rates - Updated: Monday - 2/10/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 2-9-2020) 1194.556 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) (NOTE: rates were out of compliance for 3 days starting 11-5-2019 & 2 days starting 1-7-2020

IQD Currency Exchange Rates Monday - 2/10/2020 Exchange Rates US dollar USD 1190.000 Euro EUR 1305.311 Pound sterling GBP 1538.730 Canadian dollar CAD 894.401 Swiss franc S.FR 1218.326 Swedish krona SEK 123.394 Norwegian krone NOK 128.384 Danish krone DKK 174.684 Japanese yen JPY 10.829 Chinese Yuan CNY 170.368 Australian dollar AUD 799.442 Special drawing rights SDR 1631.359 Gold for 24-ounce Gold 1858872.300

Monday - February 10, 2020 Cbi - Foreign Currency Selling Window for 13/2/2020 that performed on Monday, 10/2/2020 Announcement No.(4142*) Sale Date - 13/2/2020 that performed on Monday - 10/2/2020 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 206,685,720 Total sale cash 18,690,000 Total sale amount 225,375,720 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: » The Central Bank of Iraq sales schedule of foreign currency (amounts in thousands of dollars) for Thursday 13/2/2020 and executed on Monday 10/22/2020

2-9-2020 Intel Guru Footforward ...I'm now aware that it seems Sadr is on the run and Allawi is actually winning people over. AND there will be a full cabinet sat with ZERO Iranian influence. As a matter of fact, several outlets are reporting that Sadr (who is an Iranian puppet) is actually in Iran right now and that Allawi is actually meeting with the people of Iraq to hear their concerns and make sure they are addressed. For real. This is not fake news! 2-9-2020 Newshound Guru Chattels Allawi presents his cabinet in two weeks, and its names will only be announced in Parliament. Constitutionally speaking, Allawi's 30 days to form a government began on February 2. Not that in Iraq constitutional deadlines or red-lines mean anything. But, two weeks from today will be February 24 or only a week left under the constitution to form a government. Hardly a meteoric pace. Assuming it is done timely which would be a change for Iraq. 2-9-2020 Newshound Gruu Kaperoni [Guru] Francis Albert You should go back and read the documentation or articles on what is stated from the CBI and other sources. They have made it clear that Iraq is primarily a physical currency country. Yes, they are trying to implement electronic money but...the CBI has said over and over there is in excess of 42 trillion dinar (chunky)... because it is in country and in the homes of citizens (under mattresses, pillows etc.) it must be accounted for. You cannot RV anywhere near a 1-to-1 rate with that much physical money in circulation as it would have to be accounted for. Heck, Iraq's total underground wealth is only 15-16 trillion dollars. You think they could afford 42 trillion? lol ....If they go to a 1-to-1 rate overnight it will be a LOP. The only other solution is to build a market economy, diversify the resources and gradually raise the value over time. Then then can collect these notes are citizens deposit them in banks as well as reduce pressure created on the financial system as a result of significant foreign investment. [Reference Guru Francis Albert posts 2-8-2020] Here's FA's Post Kap is referring to: 2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And Kap is right. Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today for what it is worth. 2-9-2020 Newshound/Intel Guru Mnt Goat ...I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why. The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022. ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later. 2-9-2020 Newshound/Intel Guru Francis Albert [...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.] It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.

Thanks murd11....I appreciate that very much. Blessings, RON My privilege coorslite21....thank you..! RON

Thanks guys. This is most unusual - I've never seen an Auction with no: "Total sale for the purpose of strengthen outside assets (Transfers and credits)"

UPDATED NUMBERS: ( IQD Rates - Updated: Sunday - 2/9/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 2-9-2020) 1194.556 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) (NOTE: rates were out of compliance for 3 days starting 11-5-2019 & 2 days starting 1-7-2020

( IQD Rates - Updated: Sunday - 2/9/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 2-5-2020) 1193.559 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) (NOTE: rates were out of compliance for 3 days starting 11-5-2019 & 2 days starting 1-7-2020

IQD Currency Exchange Rates Sunday - 2/09/2020 Exchange Rates US dollar USD 1190.000 Euro EUR 1311.737 Pound sterling GBP 1554.259 Canadian dollar CAD 895.477 Swiss franc S.FR 1224.784 Swedish krona SEK 124.350 Norwegian krone NOK 129.652 Danish krone DKK 175.534 Japanese yen JPY 10.875 Chinese Yuan CNY 169.973 Australian dollar AUD 801.822 Special drawing rights SDR 1636.750 Gold for 24-ounce Gold 1836000.600

Sunday - February 09, 202CBI CBI-Foreign Currency Selling Window for Thursday-13/2/2020 performed on Sunday-9/2/2020 Announcement No.(4142) Sale Date - 13/2/2020 performed on Sunday-9/2/2020 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) --- Total sale cash 18,690,000 Total sale amount 18,690,000 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: » The Central Bank of Iraq sales schedule for foreign currency (amounts in thousands of dollars) for Thursday 13/2/2020 and executed on Sunday 9/22/2020

Added @ 8:22 PM CST: 2-8-2020 Newshound Guru Jeff ...Trump actually picked the year that he wanted this to happen. Obviously Iraq had to have a combination of stability too but Trump most likely wanted this timed for the rate change to be timed with his 2020 campaign theme of a strong economy...all we're waiting on here is a specific calendar day. [Sunday March 22, 2020]. Iraq does appear to be walking possibly when Kuwait did there's...everything is looking good.

My honor cjdavid, thank you....right on, on your perspective...!

Thank you ATHIM...! have a BLESSED weekend ... RON

2-8-2020 Newshound Guru Breitling ...what Iraq needs from their budget - how much they make and how much they need - they talk about getting to a billion notes to get to $1.17 and up. At a minimum they need about .53 cents. That's based on their information. Even though I'm speculating that's the best math I can come up with based on what they need. They need about .53 cents. That does not mean that's what they will come out at... 2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I also don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N., etc...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And, Kaperoni is right..! Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today, for what it is worth. There ya go - boys & girls...two interesting opinions...we shall see - hopefully soon...!

2-8-2020 Newshound Guru Jeff ...Iraq's got a new PM...hopefully by the end of February he can get his cabinet formed...we are not waiting on the formation of that government. Sometimes people might tell you we are. We're not waiting on the formation of the government. They have their stability they need...Iraq's transitioning to a new fiscal year. They've already told us that the reforms are the large deficit within the budget - that's all post rate change. Everything is moving in the right direction. We're looking good. I have not changed my time-frame...Iraq is now walking in Kuwait's timing footsteps. It's that simple...we're waiting on one thing. We're waiting on the calendar [March 2020]...

2-8-2020 Newshound Guru Breitling ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar? Not the Iraqi dinar. He has influence on the price of oil. And he has influence on Iraq's U.S. accounts. We can freeze those. The dinar itself they have control of...everything we look at and look for that's what's going on. They are reducing their note count. Oil prices are going down. They have an emergency budget put together because that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar. Not once...! 2-8-2020 Newshound Guru Kaperoni If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.

2-7-2020 Newshound Guru Mnt Goat What does the CBI need? The CBI needs political stability and for the protestors to go home. Allawi is desperately trying to gain their confidence but we know he will have to eventually put out or shut up...he will have to produce something meaningful for the citizens. This is probably going to be the HCL stipends. This is my guess. What do we know about these stipends? 1) Over two months now an agreement has been made to actually begin the payout of these stipends...the referendum has already been written and passed through the parliament in 2018. Like other legislation it just sits on someone’s desk and never gets implemented. Now they agreed to implement it to help in this situation...(post 1 of 2)... 2-7-2020 Newshound Guru Mnt Goat 2) Remember they must go at least 1:1 in rate if they pay out the stipends and this would mean the project to delete the zeros would be necessary. My take on all this is this is what will finally trigger the RV. This would also lead to the reinstatement. We know the banks have already exchanged three zero notes for the smaller category notes and have ample supplies to go ahead now. This happened over this past year. So they are ready for something. The CBI would not be doing all this is nothing was being planned. So, this is all VERY GOOD news for us...I am told this is coming in “the coming days”. However days always seem to miraculously turn into months somehow…lol...(post 2 of 2])... 2-7-2020 Intel Guru MarkZ [Q? : Do you think Iraq will move to a new fiscal year to match Kuwait?] I do…I believe Kuwait's fiscal year starts on April 1st. It makes sense for them to have the same fiscal year as everyone around them. 2-7-2020 Newshound Guru Vital Brad ...[CBI] they have the rate of the Iraqi dinar still listed - 1190 for just 1 US dollar...I bring up rate because what we're looking for as Iraqi dinar holders is we want that number to get smaller. Which means 1 US dollar can get LESS Iraqi dinar...So that means it's gonna take less of our Iraqi dinar to get 1 dollar. So we keep watching that number. I want it to continue to go down...