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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 Militia Man Article quote: "Imminent opening of the bank's new building" Imminent opening of the central banks' building. It's scheduled for the end of this year, which is a few months, or the beginning of next year, which is still not too far from a few months... Quote "...38 floors with offices, meeting rooms, storage places of fortified money and gold." I love that part... Quote "The opening of the central bank building will be accompanied by a very large ceremony..." It's going to a pretty big deal...Construction...started in 2018. It's been almost 6 six years. MarkZ Question: Do you really feel in your heart we are close? Mark: I do. They are still saying between now and the 5th. Nobody knows the timing, but it’s what many are looking at. Militia Man Are they going to fire up the oil and gas law at 1310? I highly doubt it. Why wouldn't they have done it already? They had 19 years but they've done an extra year and got that done. Now they're talking about it's an imminent situation, in the coming days. Bottom line is, pressure is on.
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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 Breitling You need to put your big boy pants on... Article: "US Federal Reserve adopt a new strategy towards Iraq. The dollar is threatened with rising to unprecedented levels." They're talking about the policies that are coming up will threaten the dinar. There's a couple reasons for it. The idea that Hezbollah wants to put its headquarters in Baghdad, it doesn't matter if they do it or they don't, the idea that people in Iraq support that - It's too pro-Iranian. It's too pro anti-American markets. So they're going to be punished for it. -
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 Militia Man Article: "Iraq speeds up steps to join the WTO" Quote: "the fourth round of negotiations to be held during the first quarter of next year. This acceleration means that the negotiations are proceeding with rapid steps towards Iraq's accession to the World Trade Organization" It's leading you to believe they're going to be doing acceleration and they're going to go out to next year? That's not acceleration as far as I'm concerned. It's not at all. Walkingstick Iraq is going through many changes and one of them is a new exchange rate change. MarkZ RV news has been quiet after a very busy weekend from Iraq. Nothing on HCL yet …but our last update yesterday is it looks like it will go within days.Not very likely since the MP said it wasn't happening any time soon.
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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 Samson Article "Adopting a new mechanism for citizens to obtain their oil share electronically" Breitling Hamas moving into Iraq, that's still in play. That is a big issue. We're not going to support Iraq in any way shape or form if Hamas shows up. That's a game changer. This [The Iraqi dinar] is an opportunity until the day it's not. With the Hamas thing right now it's not off the table. I don't see a threat yet. But I'm telling you that could be a big deal. If Hamas gets into Iraq, Iraq is in trouble. Its oil is in trouble. Hamas being in Iraq is a game changer. That's going to shift the markets. All we can do is hope and pray and watch.Thanks for the heads up Breitling. Kaperoni One of the options in Iraq has been to create a new currency that will replace the existing dinar. This is in essence a LOP or near neutral event. Not what we want to see.
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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 Pimpy Article: "International Monetary Authority: Iraq increases its gold reserves to 148 tons". They added another 2.6 tons of gold to their holdings. I remember way back when Iraq had 86 tons and now they have 148. Iraq is doing everything they can to help strengthen Iraqi dinar. This is a great sign. Jeff The budget...they're going to finish it probably just shortly before Iraq's accession to the World Trade which will be the weekend of August 17th and 18th. That accession period is the nucleus to everything right now. Everything is happening around that accession date.
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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 Clare Article: "The US Federal Reserve adopts a new strategy towards Iraq. The dollar is threatened with rising to unprecedented levels" Quote: "The Federal Bank has detected political influences from the Iraqi government. The US Federal Reserve will not be able to wait forever, and it is expected that there will be federal measures that may occur at any moment, and there will be a sudden and large demand for the dollar, which will lead to a decrease in the value of the Iraqi dinar against the dollar, which will generate great pressure on the Iraqi banking system, the Iraqi economy and the official political system."🙏 Frank26 A lot of people get confused. It's like stepping in quicksand. You see, the lifting of the zeros from the exchange rate is a little different from the lifting of the three zeros from the currency, fiat, physical.
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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 Pimpy Article: "Iraqi bank announces investment deposits with returns up to 10%" that's a really good return. Imagine if 20 years ago you'd have made a deposit and been able to get back 10% back annually while it's just sitting there. You'd have made a ton of money by now. You see some of us have millions of Iraq dinars. Let's just say for the sake of it somebody like me, I got 5 million, I deposit it. It's going to give me 10% return on my investment. I'll take 500,000 Iraqi dinar back annually. That's a nice little return. And just let it sit there while I'm waiting...If the exchange rate changes I can always have them return it to me in USD. [Post 1 of 2 - stay tuned] Jeff Everything is pointing to...August. I really feel that's when the rate is changing. Everything seems to be hovered and centered around the nucleus of August being their accession to the World Trade. Somewhere around mid-August. That's when we're going to see most of their critical steps coming forward. It's amazing what's happening right now. We're definitely in the period for the rate change. It's here. It's right in front of us. Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying CBI banks are offering a 10% gain on any investment opportunities. FRANK: Shoot, I might even come there! They're going to give you 10% on your money if you open the bank account? Are you kidding me? You talk about incentives.
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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 Clare Article: "Iraq Registers 324 Local Companies, 27 Foreign Branches, in June" Quote "The Companies Registration Department of Iraq's Ministry of Trade said it has successfully processed the establishment of 324 national companies and registered 27 branches of foreign companies in June."
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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 Clare Article: "A high-ranking security delegation arrives in Washington to hold a round of talks to end the coalition's mission" MarkZ What we know for a fact from folks, on both the US side and the Iraqi side, is that there are very “top secret” meetings occurring right now in Wash D.C. with Iraqi folks about the removal of US troops and security units in Iraq. This is one of the key things we were told to watch and it is occurring right now in D.C. Frank26 Is Chase...Wells Fargo, or any bank going to exchange your dinars into dollars? Ain't no bank going to exchange your dinars into dollars. Ain't no bank got that kind of money. Chase will introduce you to JP Morgan. JP Morgan is going to take your dinars and they're going to send them to the US Treasury. They're going to give you the equivalent of what you should receive in American dollars into your account. This is not totally correct Frankie. Once the IQD goes international, and is traded on FOREX, any major bank that deals with international currencies will be able to exchange your IQD. However, there will probably be a limit that can be withdrawn, and there might even be a waiting time before most of the currency is available. RON
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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 Clare Article: "Government advisor reveals Iraq's gold reserves have risen to 150 tons... and the reason for its high price" Quote: "Gold is one of the most important safe investment havens in the world, which is resorted to by the investment portfolios of central banks and various investors" Jeff There was a perception out there that the rate was going to change before the July 18th accession date to the World Trade...This was their 3rd accession World Trade meeting. There's a 4th meeting coming in Q1 of next year of '25. Many thought Iraq would become a full member as of July 18th. None of that happened. Militia Man They're going to delete the zeros. You don't create value by deleting zeros and implementing small category notes. You can't take 1310, which is .00076 to the dollar and just delete the currency and implement it without changing the value. It doesn't work that way. .0007 is far less than a penny. You guys settle down. Pay attention... Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying Iraqis are keeping 90 trillion dinar at home hoarding them from the banking system still. We say make the dinar worth something and we will bring them in. FRANK: Why does the CBI want the 3-zero notes back? Because they need to replace them with the lower notes. Why are you getting lower notes? Because you're getting a new exchange rate. tishwash So they have released another Gazette, but still nothing on the budget schedules...
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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 Jeff Why do countries lop and why would Iraq not be lopping? It's all inflation based. Example- You're talking 3% with Iraq to 30%-40% with Iran. Apples to oranges. That's the reason why Iraq wants to remove the zeros. They don't need all the extra zeros on their notes to reduce their inflation. It's already where it should be for them to remove the 3-zeros notes. Adding zeros to the notes or removing zeros to the notes is completely hinged on where that country's inflation is. Frank26 Do they need to have value to their currency in order to join the WTO? No. That's coming...I don't care if they going into the WTO now, tomorrow, next week, whenever. They're probably moving it to the beginning of next year. It's not important. But the evidence of being in the WTO screams what? Monetary reform float. Clare Article: "She supports him fiercely.. What you don't know about Trump's Iraqi-origin lawyer" Quote: "After the assassination attempt on US President Donald Trump, his Iraqi-born lawyer, Alina Habba (Iraqi Born), gave a speech on the last day of the Republican Party conference in Milwaukee, Wisconsin, to express her full support for Trump."
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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 Iraq cannot RI without "accepting Article VIII obligations" and cannot do so if they have a MCP. Dr S said that the "new currency" will co-exist with the 3 zero currency for up two two years in the market and ten within the banks. They cannot treat the two currencies at different rates and be deemed as having "accepted Article VIII obligations". Without "accepting Article VIII" obligations, they simply cannot RI. Militia Man Article: "Removing the zeros from the Iraqi currency talks returns and possibility of implementation" How is that possible without having value? When they talk about removing zeros from the Iraqi currency they're talking about returning to a previous era. They're talking about the glory days. I think everybody...knows in the country too, I just can't say we can prove it from a link in print. But the expectation is Iraq is going to bring value to their currency. We know that by Al-Sudan's comments, that the Iraq dinar would be 1 dollar... equal 1.32 dinar. Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said when the zeros come off the exchange rate it's going to change the value of our currency and then your brother who is in the Untied States of America, they can exchange their notes with the 3-zeros after the RI takes action. From Midnight Saturday Clare Issue No. (4781) of the Iraqi Gazette was published on 7/1/2024 Issue No. (4783) of the Iraqi Gazette was published on 7/8/2024. Issue No. (4784) of the Iraqi Gazette was published on 7/15/2024. THERE IS STILL A MISSING PUBLICATION FROM THE GAZETTE AND THE LATEST ONE IS SHOWING TODAY.
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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 PompeyPeter We have never been where we are now. Categorically not. They're going to be the global solution to the financial worries. The solution is with the Iraqi dinar. Not at 1310 - it's not. Wolverine ...Hopefully we will get really good news that we are waiting for. That opera is just around the corner and hopefully to be released soon. Keep the faith this is coming. Paulette Article: "Iraq faces some challenges in its path to joining the World Trade Organization" It is clear based on this article that Iraq will not be voted today to be full members of the WTO. Iraq has a lot of work ahead of them. To me, the WTO is totally irrelevant to what we seek. Apples and oranges. I hope we see the FULL RI process well before full accession to the WTO. Frank26 [Reference: the Iraqi dinar video from 7-17-2024] It's not a lop to subtract zeros from an exchange rate adds value to a currency. To add zeros to an exchange rate, hello Zimbabwe, reduces the value of the currency. If they add zeros then we are looking at a lop. No where did you see they were adding zeros. Mnt Goat ...This current Al-Sudani administration is now moving Iraq ahead, yes out of this past rut. It is right in our faces now. The train is racing down the track only to make the necessary stops along the way. It is a hard road for Iraq. There is work to be done. No more “guessing” or “hoping”. The reinstatement spigot is now wide open! It is in our faces! MarkZ Question: Do you think the RV will happen in waves? First Dinar, then a few months later, VND? Mark: No, I think they will still go at the same time.
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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 Clare Article: "Iraq resumes negotiations to join WTO" Quote: "The Iraqi negotiating teams have begun their preparatory meetings at the headquarters of the World Trade Organization in Geneva, in preparation for the third meeting of the working group on Iraq's accession." Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said we have a new currency... FRANK: They're not talking about the 3-zero notes. They're talking about the new currency that's going to match a new exchange rate. FIREFLY: Any new currency will have to be lower notes.
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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 Militia Man This next week there's supposedly a formal and historic meeting with the WTO and Iraq on the basis of accession. They told us it was going to be formal and historic. Frank26 Question: "Is this going to be a capital gain?" A lot of people desperately do not want to pay taxes. I believe they live in this world they create where taxes never exist. I'm sorry, if you honestly think you're going to be able to get involved in this and exchange this currency, that's called a capital gains, without having to pay any taxes you're delusional. Yes you're going to pay taxes, that's why it's important to have a receipt... held for one year you'll probably be in the 20% tax bracket. if you don't have a receipt, you lost it, you'll probably be in the 40%. Biden just said a couple days ago he wants to increase those taxes over 50% capital gains. [Note: Consult your tax professional at the appropriate time to determine the right tax for your unique circumstances.] Buckeyetree ...Much progress has been made from the USA trip by Sudani in April, the technology with fiber optics, electronic banking, using only the dinar, foreign contracts with huge projects, the ATMs, and the HCL practically done with Barzani in agreement for the goal not to be now counted in days rather than weeks and months. The cherry on top would be securing the Speaker of the HOR and ascension to the WTO on July 18. Clare Article: "Baghdad calls on Washington to reconsider its sanctions on 32 Iraqi banks" Quote: "Nelson praised, 'the steps taken by the Iraqi government to support the Iraqi economy and address the challenges it faces."
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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 Frank26 Slow down! Chew your food. You don't have to be a doberman pinscher and swallow your food whole. Slow down. When the float starts you have to want it, you have to study it. You have to time it. You have to know when to hold'm and when to fold'm. Samson Article: ”WTO Working Party Meeting July 18th after 16 years" Walkingstick [The budget] contains the exchange rate for everything that needs it. Militia Man They haven't started oil pumping and you have to ask yourself, why? Because they need revaluation for that and I think that's what we're waiting for. Is that some sort of delay? I don't think so. I think the inner connectivity of the most complex revaluation situation in the history of mankind...is complex.
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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 Walkingstick All the sales of oil are now in Iraqi dinars and no longer in American dollars. The National Oil Company of Iraq will now receive the Iraqi dinars, through them, into the banks of Iraq for the GOI to use. No foreign currency. Nobody stealing foreign currency or their currency. Security and stability is because of the control Sudani has. Samson Article: "Parliament announces completion of requirements for legislation of the Industrial Investment Law"
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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 Sandy Ingram The IQD Wait: What's Taking So Long? The 2003 Invasion, ISIS, and the Pandemic have all contributed to the delay in the Iraqi Dinar's increasing value. Iraq's economy got into trouble during the Iran-Iraq eight-year war and has been struggling ever since. Nader From The Mid East Lots of things happening...I see good news coming up this week so stay tuned...What's happening now it's good. I can say we are very close. Pimpy The IMF can't force countries to do a specific exchange rate. They can have input. They can talk to a county about their exchange rate but each country is sovereign. They're independent. No organization, whether it's IMF, World Bank, WTO, can force a country to use a certain exchange rate... Frank26 I think Sudani is in control of the monetary reform. I think he has security and stability and I think the international world knows it. I think all the three letter agencies are in cahoots with the CBI & GOI to go ahead and launch the new exchange rate...I think the exchange rate is either going to float at a fixed rate or it's going to float at a low rate then take some time to grow and be capped. If it's fixed at an RI rate then you know it's not going to float very much because the distance between $3.22 to where they want to cap it it's not that far and the demand will allow the gap to be reached very quickly. If it comes out at $3.22 you think I'm gonna wait around for a float? No. MarkZ Iraq has...paid off many of their loans. And Iraq has been very upfront (from finance contacts there) that they had planned to release the new rate in June. Now they plan on releasing it in the month of July. Also I have a government contact in Iraq who said “We have a new rate and will activate it soon” Clare Article: "Airlines set date to resume flights between Baghdad and Moscow”
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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 Militia Man Article quote: "The fixed exchange rate system in Iraq is based on an international reserves base is the highest in the history of Iraq... Foreign currency covers more than 100% of the total currency issued." Even the trillions, they have enough reserves to do that. In other words if they change the exchange rate to something that's strong, that reflects the true fundamentals of the country, they shouldn't have any problem. Their model is stable, secure... very little inflation. They've been successful doing this model... Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television was interviewing Sudani and asked him about the reforms and about the progress of the economy. He says we are stronger than ever and all projects are poised. He says the delete the zeros is still on the table as Iraq moves forward. FRANK: It's encouraging to see Suandi repeat once again the same words. That means you're about to see it. He says the project is still alive. I'm excited that they talked about a fixed rate rate verses a float. They could float at a fixed rate and cap it very quickly. I've got a feeling that's exactly what they're going to do. MarkZ [Reference Frank26 post 7-8-2024 re: HCL below] I will agree with that. And it certainly matches with some of the news I got from Iraq today. I was told from day one that when we see the HCL… within hours - we will see the new rate.
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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 Kaperoni Article: "Securities Commission: The government has successfully completed the sale of financial bonds" Walkingstick The monetary reform is secured by the reserves. The reserves that back up the currency is the control that the CBI and Saleh is talking about when he says we have a strong exchange rate at 1320 because he can control it and he can change it at any time he wants. He's not just talking about what they know they have ...the billions and billions of dinar that were brought back but it also includes all the tapped sources and untapped sources, gold, phosphate, oil, diamonds, etc, etc, each one of these categories alone can support the monetary reform. Frank26 What do you get when you have the HCL? Nano seconds later the new exchange rate. The events you're seeing, the things that are happening right now, the alignment of many stars, of many events are only pointing in one direction, that there will be an announcement of a new exchange rate very soon to the Iraqi citizens. Fnu Lnu Community Comment: "Wealthy people invest their initial profits. he first person they hire is a financial advisor. The second is a tax professional" This is not what you do with your initial profits. What you do is construct a financial fortress by setting up an ASSET PROTECTION PLAN! Lawsuits, taxes, and probate, are the wealth killers. Failing to set up an asset protection plan will almost guarantee that you will be sued. There are people who make a living seeking out the wealthy and then suing them. The first person you seek out is an asset protection professional of which there are few. [Post 1 of 2] Fnu Lnu 1% of all attorneys hold themselves out as AP specialists. After the RV, they will be booked up solid for months. Your AP specialist will have the proper CPA's to maintenance your wealth protection structure. The average CPA doesn't even know how to file the proper forms for a Charitable Remainder Unitrust report for the IRS. So, hire your AP professional... stay away from Financial Advisors who push foolishness like Muni Bonds, IRA's, 401K's. Mutual Funds, and other worthless paper-based assets. Certified investors have access to high-yield investments the common folk do not. Those are your path to multi-generational wealth. [Post 2 of 2] MarkZ I’m expecting a lot of news throughout the week… I am expecting we will have an extremely busy 4-7 days right now. There are a number of groups with expectations for around the 12th. Everything appears to be lining up... I’m praying this is our week. I have extreme anticipation for this week. Pimpy July 18th is going to be good. They get to go there, meet with the World Trade Organization. There's going to be information and reforms and requests made by the WTO that they are going to hand off to Iraq. Iraq is going to go over there and drop off additional materials that was requested from the last meeting and ask questions to make sure their accession into the World Trade Organization continues to go as smoothly as possible. As far as the exchange rate is concerned, no it's not going to be brought up there because that's not the job of the WTO.
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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 Militia Man Saleh has been very vocal about...the exchange rate, inflation, their reserves. His positive tone has been very well accepted because this is his fourth one... the reason there's positivity is because of where we have been in the past and what has been transpiring ...What is different in the last year and half since Al Sudani arrived is amazing. It's immense. And the totality of it should have everybody pretty pumped because I see it as light at the end of the tunnel. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Parliament demands, they are demanding on television that they want full control of the parallel market...and to prosecute the ones that are manipulating the dollar rate. What a joke. It's half of parliament who are the crooks that are doing this. They are the ones causing this mess. FRANK: They want to stop it because they know what Sudani has done already with the monetary reform of your currency because it's no secret and somewhere around the 14th we may see another move by Sudani. Parliament wants to be a pain and delay and cause problems, don't pay attention... Mnt Goat ...everything is set to move ahead with the process of currency reform. We are just waiting. We know that the next step must be taken to move ahead and that is to revalue in-country only first just slightly over a dollar, then conduct the Project to Delete the Zeros as the currency swap out takes place. The CBI told us then they plan to monitor for a short time for inflation and then move to reinstate the dinar back to FOREX and when doing so the IMF plans to place the dinar in a new peg as in a basket of currencies and float it. ...this should have already been accomplished in June and is late. It is failure on the part of the US because the US is still stalling it. MarkZ Article: “Unfolding structural economic transformation in Iraq” This article...is talking about Iraq’s successes – especially in the digital banking world …and them coming up to speed “tech wise” with the rest of the world. They have made great strides digitizing their economy to be more efficient and faster. We are seeing the economic changes we need for them to change the rate. [ REPOSTED ]
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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 Walkingstick [Iraqi bank friend Aki update] AKI: It's about time. WAlKINGSTICK: What he's telling us is it's about time to release the budget and the new exchange rate with the lower notes. That's what he meant. Suzie WTO Article: "FORMAL WORKING PARTY MEETINGS 2024 18 July 2024 - THU 18 JUL 10:00 Working Party on the Accession of Iraq" This is good news for Iraq on their accession to the WTO. Hopefully they will have or shown us by that time a new rate for the dinar. While international trade and economics are the important criteria for membership, having an international tradable currency is not a "cast in stone" issue but I certainly would think Iraq WOULD want that for credibility purposes if nothing else.
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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 Walkingstick The ATM machines, they're all poised like centurions that are standing there. These ATMs are guarding the lower notes. It's time for all of this to come out now. It's just the budget we are waiting for. We're not waiting for any laws, we're not waiting for any new procedures. Clare WTO Article: "FORMAL WORKING PARTY MEETINGS 2024 on 18 July 2024 - THU 18 JUL 10:00 Working Party on the Accession of Iraq" Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are now hearing from our news on Channel One that Iraq has been fully accepted into the WTO. This is going to be official, July the 18th. FRANK: To join the WTO Iraq does not need a currency with value. No, that's not the point. Iraq needs a currency that has no restrictions, no handcuffs, no limitations in order for it to float on an international market - whatever the case this is very good. Let's hope this information is correct..! MarkZ Something fun popped into the news yesterday, both from banks and exchange locations in Iraq. There was a notice that they are expecting distribution of lower denomination bills in July. Both of the confirmations I received this morning from contacts on the ground inside of Iraq used the same words that they were told to expect them to distribute/disperse lower denominations in July. That tells us how stinking close we are. Why would they need these lower denominations - unless the currency is worth more? Let's hope this information is correct..!
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Thursday Early Afternoon Opinions - 2:18 PM MDT - 6/27/2024
ronscarpa posted a topic in Dinar Rumors
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 Frank26 Question "What does the 'coming period' mean in Iraq time?" It means in the near proximal future. It means within arms reach. It means it's already happened... or they never would have telegraphed it the way they're doing now. That's just the way the Middle East is. An idiotic question with a very questionable and biased answer. Frank is so full of sh*t..! Guru Samson Article: "Central Bank: Cancellation of Paragraph (5/d) of the instructions and standards for circulation and replacement of banknotes, and the counting and sorting mechanisms" Militia Man They're effectively stating to everybody that they're going international. They're giving a laundry list of all the things they've done, are doing and in support of where they're headed. -
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 Frank26 [Response to IBBC video this morning] The video starts out by maybe being a little negative by saying these are the problems that they have, and then at the very end, it's just amazing what it's done with its reforms and positive ending. This video is a summary of everything that the monetary reform has done thus far and what it's about to do next. IMO that's the ATM machines and then the float. Nader From The Mid East Things have been moving a little bit from here to the 8th of July. I hope we have an answer cuz that's what they shooting for. I don't know if it's going to be good or bad. It's more good than bad, but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this. You said that.' Militia Man Article: "IBBC Conference: Much to Celebrate in Iraq as Energy takes Centre Stage" This conference seems to be shedding a positive light on Iraq. There is good reason to in doing so. Iraq is about to break out in a very big way. No stopping her at this stage now. Way too many legal obligations on the table. There will be far more to come [See the IBBC Dinar debate video] Fnu Lnu [Response to Guru Kaperoni's post 6-21-2024] I have...reviewed several different sources who all report the "new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)" is, in fact, accurate and written the same in all the sources. Just because [Guru] Kap doesn't want it to be true doesn't mean it is a mistake or misprint.
