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  1. 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 *** Mnt Goat Our RV news this period is VERY GOOD. We heard from the Finance Minister Ali Abdul Amir Allawi as he confirmed once again that the white paper “seeks to fundamentally change the nature of the Iraqi economy”. WOW..! What good news this is!...This is the guy that is going to add support for the currency reform we are looking for. In other recent past articles he talked about the necessity to put the IQD out on a managed float on the global market place and he did reference FOREX itself. This was WOW news for me and so we sit and wait for his next move. *** Frank26 Article: "The Central Bank of Iraq revealed the mechanisms that it will adopt to deal with oil price differences" I know it's a new rate isn't it? Yes...Behold the announcement of the announcement... Quote: "The Deputy Governor of the Central Bank of Iraq indicated that changing the dollar exchange rate is a studied step from several sides, and the decision to amend was taken only after extensive studies by they Ministry of Finance and between the Central Bank and in agreement with important international institutions for a fair situation of the dollar." Behold the announcement of the announcement... Quote: "...the exchange rate change was long overdue, and it was supposed to be adjusted from 2010..." These are exciting times...! *** Kaperoni Despite the guru's attempts to get you excited that some fictitious RV is coming, nothing is going to happen anytime soon. Iraq has a ways to go to create a suitable business climate encourage foreign investment. Only with the success of Iraq's economy can the dinar rise in value...
  2. 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 Some of you guys are like, 'No, if they do the LOP and what happens if they're right and then you're 25000 [notes] become 25?' Are you kidding me? What company is gonna risk going into Iraq after they just screwed over millions of people on that rate? No. No. We all know investments are a risk but you do that you could see the backlash like you wouldn't believe. There's no way in God's green earth that you're going to see Iraq screw people over.... ** Frank26 Article: "A government source identifies the reason for the low exchange rate of the dollar in Iraq" How come everyone now is talking about raising the value of the Iraqi dinar? Quote: "...the dollar's prices in the markets are currently affected by supply and demand... the most important factors that greatly effect the exchange Raes of the dollar are the decisions taken regarding changing the exchange rate of the dollar..." ...when you float your currency outside your country it automatically raises the value of the currency. It automatically changes the exchange rate.
  3. 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 *** Desert Advisor Article: "Al-Nusari: Monterey stability represents the starting point for economic stability" Before you can reform your economy you have to reform your monetary policy to make sure the foundation of your economy is strong. Are they going to work on the .006? That's what everybody is waiting for most... *** Frank {Firefly Boots-on-the-Ground} Statement:"This is going to cause a problem with speculators to buy a lot of dinar if they show the new small category notes first and then later the exchange rate." The CBI is in full control of their currency and monetary reform and their exchange rate. They have already stopped selling the Iraqi dinar. Why do you think it's so hard to get it. They stopped selling it to the wholesales over two years ago...the CBI knows exactly how much is in the broker's hands/vaults. (Post 1 of 2..REPOSTED for continuity).. *** Frank26 So that amount that the people would buy right now because of some speculation they're going to come out with a new rate. Now if they show the new small category note, those notes, those amounts have already been calculated in the RV phase of the monetary reform. It has already been calculated in their M figures so any shark or whale that would buy billions of dinars will not affect the monetary reform. He would not affect the reinstatement phase. It's already been calculated...(Post 2 of 2])..
  4. 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 *** Militaman Article: "Iraq and the United Nations sign a framework for joint cooperation in a number of fields" ...The timing is very interesting. Tomorrow morning the meeting is to take place and two key components within the frame work are the development of the private sector and the government reform plan within the white paper...If there are any other shackles holding Iraq back from getting into the private sector, it may very well be done with post tomorrows morning meeting. I recall the UN has had a hand in Iraq sanctions since 2003. Many were lifted. Is this meeting about the last sanction left, the devalued currency since the last war? I am not sure but, the timing looks perfect. *** Kaperoni ...Pimpy needs a lesson in mathematics. He thinks Iraq can pass Kuwait's exchange rate. Kuwait only has about 40 billion dinar in circulation, while Iraq has well over 45 trillion. They either need to significantly reduce the currency in circulation via a float over time or they would have to LOP/re-denominate as I've already mentioned reducing trillions to billions. Kap makes a good point regarding Kuwait & Iraq's circulation disparity... RON ** Pimpy It's looking good..! The more Iraq keeps taking a leadership role opening up to the international community, getting away from relying so much on oil, open up the private sector. This is good. I can't stress this enough It's going to be really hard for Iraq to rebuild its country when the value of the dinar is so low. The cost of importing things from other countries are going to get really expensive. They don't have anything to export (other than oil & natural gas) so there's no need to want to lower/devalue currency...everything is looking groovy.
  5. 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 *** Frank26 Article: "The Iraqi Finance Minister supports the floating of the currency" Quote: "The Iraqi currency is floating, but the central bank intervenes from time to time until it places it pithing a certain bar...floating the currency is fully or partially liberalizing the exchange rate..." Let my exchange rate go..!!! *** Pimpy You guys brought to my attention the article in which a Financial Minster of Iraq Allawi says he supports a floating exchange rate which is good...that means the market dictate the value of the Iraqi dinar. That means the Iraq dinar is not pegged to the US dollar any longer. Good. That's what you want. But it's not a true floating exchange rate. That's what we call a managed float or a dirty float. In other words it floats on its own depending on what the market things of it but if it goes too far one way or the other the bank interferes with the rate change and affects it either way - going up or down.
  6. 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 Sorry guys, I accidently posted this in Iraq & Dinar News forum by mistake. ** Frank26 Article: "The Minister of Finance announces the completion of the preparation of the 2022 budget and comments on the exchange rate change." What?! This is the fourth article saying that they changed the exchange rate...they're telling the 2022 [budget] is of a new dimension. It is something that they've never ever witnessed before. A new exchange rate. Quote: "The process of changing the exchange rate was not easy...should have been changed years ago." ** Breitling I still see the rate coming out in the .50 to .60 cent range and then growing from that point. But if the United States doesn't have as much control as they did and somehow we pull more troops out of Iraq you're going to see a de-dollarization and you're going to see them add value to their currency literally overnight. And you need to get out [of the dinar/exchange]. You need to be prepared...it's not going to threaten the revelation of the Iraqi dinar. If anything it's going to quicken it and that's the way you have to look at it. ** Kaperoni The two most important facts that everyone should look at when they consider the dinar. 1. How much dinar is in circulation? Answer- well over 42 trillion. 2. What is Iraq worth? Answer- all the minerals in the ground including oil is only around $16 trillion. ** Pimpy I believe the Iraq dinar rate is going to change for the better. I believe it's going to get back up there. The reason for that is...in comparison of Iraq country to the Kuwait country and if you look at the things that contribute to the value of the dinars, their currencies, you could see that Iraq clearly has more to offer...should have a stronger dollar but right now the Kuwait dinar is the most valuable currency out there...I know the Iraqi dinar is eventually going to catch and pass the value of the Kuwait dinar. If anything it's probably going to be the most valuable currency.
  7. 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 Shabbibi was pissed off because he was not a fan of their [WTO] monetary policy. He said they did a great job of lowering inflation but it did nothing to help the growth of the economy because the exchange rate was too low...you can see that's where they are now...when people go, 'oh man that rte change is never going to change.' Oh , it's going to change. If he's saying it didn't help with the economic growth because of the exchange rate being too low what the hell do you think that means? Right now they're trying to rebuild. If they really want to boom an economy get people back into work, they're going to have to change the rate of exchange. Sooner or later you need more purchasing power... *** Frank26 Article: "The minister of Finance announces the completion of the preparation of the 2022 budget and comments on the exchange rate change" How else can they tell you they raised the value! What more do you want? ...they will announce it when it's time. They will announce it to their citizens and you will hear about it. It will be world news across the board. ABC, NBC, CBS...will carry it... Quote: "The minister of Finance Allawi...The process of changing the exchange rate was not easy. The dollar exchange rate should have been changed years ago, which reflected something beneficial to reform the economic system." Monetary reform First - economic reform Second... *** Breitling Question: "I understand Iraq will join the WTO by the end of the year, apparently they have to add value to the dinar before they can join. How true is this?" It's not true at all. They probably will be in the WTO by the end of the year but look at China. They're in the WTO. They're the biggest currency manipulators on the planet... Good Sunday Morning DV ... have a Blessed day ... RON
  8. 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 *** Frank26 Article: "The International Development Bank buys more than 300 advanced ATMs from CBM" And there are thousands more coming...now! Quote: 'State-of-the-art'. They're all International Development Bank ready. Dear God that's article VIII. They don't need to tell you they're article VIII, they're demonstrating it. *** Pimpy What's going on over in Iraq is very good. There's a lot of good things happening. I'm excited to watch it. If they continue down the path that they're on I really do see the rate change happening whether it happens overnight or it happens in increments it doesn't make a difference... *** Breitling Question: "Is there any truth to what I read that Iraq people are being educated to the change taking place in regarding the monetary system?" Yes, the future change they are. That's exactly what's happening. They're not talking about rates or anything like that but they're talking about how to participate in the economy more and what's going to happen when there's international trade...guys that only happens when they have their own currency and when there's value added to it...
  9. 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 Globally…didn’t the cbi just show us a 33 page announcement? "The second strategic plan…" It has all items in place to go to a market economy...we are game on and about game over!...We are days into the RI, imo... *** Frank26 Article: "Al-Kazemi's advisor reveals the goals of his visit to Kuwait: Attracting investment in the foreground" The international world pours into Iraq because of a sanctioned program rate for their currency...NOT!!! They know what you do not know...two years ago they did not pour in. Last year they did not pour in. This year you can't stop them... The Financial system = The economic prosperity! Good Morning Dinar Vets ... Blessings ... RON
  10. 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 Article: “The IMF’s Self-Serving Case Against Bitcoin” Are they attacking cryptocurrencies? Maybe. Let’s think about this, yeah, they want their own central bank digital currency. They don’t want anything to compete against it. That’s one of the things I’m concerned about when it comes to cryptocurrencies… *** Frank26 Kazemi comes back out and again is telling you about the summit at the end of the month and how Iraq is so important to the rest of the Arabic world but of course not at a program rate. He's excited. Notice what he said that this is the place where they're going to tell...you when they're going to do it. *** Pimpy Over the last couple weeks there are tons and tons of articles, tons of them about a lot of economic opportunity and growth taking place...they have the ability to start building up the private sector even more. That's what we want...that helps strengthen the dinar...
  11. 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 *** ...We all know...that there is to be Monetary and Economic Reforms in tandem that started months ago. This PM is one to make sure everything is in order and timely... The help of the Central Bank and Private Banks is all a part of the implementation of the afore two reform projects. One of which is money. To get to a market economy a new exchange rate will need to be exposed...(post 1 of 2)..More to come.. *** Mnt Goat *** Article: "DIRECTIONS TO DIVERSIFY SOURCES OF INCOME AND INCREASE REVENUE" Yes, Yes, Yes...this is what the World Bank, IMF and the US Treasury has been screaming about for over a decade for them to do.
  12. 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 *** Petra It really would take a PowerPoint presentation to be able to show the alignment of everything that's going on globally right now this week around the world. The tragedy in Afghanistan is one piece (Although I don't believe it's part of what we're looking at)...the timing...the convergence... *** Militiaman [Q? : Iraq is seriously looking to be a part of the G20. You want to comment on that Militiaman?]. Yeah...that doesn't sound far-fetched. If you look at the fact that they have (A.) A lot of oil & (B.) They're moving away from the oil to other sources of income which is agriculture and liquid natural gas, mining minerals, tourism and one of the biggest things of all is the the taxes and tariffs from the borders. Those income streams will probably make this country in a very short period of time very wealthy...they were a regional dynamo... where the country is geographically located is a hub for the Middle East... *** Adam Montana ...there's a lot in the news... Last week, we started seeing signs that the HCL was picking up again. That's still happening, and there's some pretty solid news coming in on the backend over here. Nothing that says "RV by X date", but very encouraging just the same. And this week... Afghanistan. Afghanistan is not Iraq, but anything major that happens in the middle east is worth paying attention to. My understanding of the current situation leads me to believe that we don't need to be overly concerned about our "chances". Everyone stay calm, focused, and of course...GOOOO RRRRRRRRVVVVV...This was taken from another site that follows Adam's posts and posts snippets from them. See his actual post in the Chat Logs Forum @ Adam Montana Update - 21 March 2021 *** Frank26 Article Quote: 'it has been announced...the launch of a national campaign that's sponsored by the CBI to raise awareness to support the national currency and the Iraqi economy.' Holy cow. What more do you need? What did we say? The CBI is about to go on a national massive campaign to educate the citizens about what they're doing with the monetary reform. I mean almost word for word what [Guru] Walkingstick told me to tell you...
  13. 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 ** RVAlready Frank26 is saying that Biden is looking forward to our dinars hitting the UST as reserve currency. Since it is mainly asset backed, it will be a great currency for the UST to hold. Can you say RV soon?!!! (reference Frank26 post 8-15-21 below in reply).. ** Rod Steele ...Iraq is dealing with corruption in parliament but don't need parliament to push this RV through. Iraq is upset because they still have not RVd and the Prime Minister was on TV for the last few days telling the public as well as begging for those above him to show the true rates and get this done...By the end of the month is still the goal to get this done. ** Frank26 [Iraqi Boots-on-the-ground Firefly TV report] FIREFLY - President Salih just came on TV...he is saying Iraq needs to change their exchange rate, that we have to better ourselves. He says it also must go by the White Paper reforms because it will prosper now... FRANK26 - This is magical. This is phenomenal...Notice that they tell you that they need the exchange rate for the White Papers and budget...they're not censoring truth. They're giving truth. But they don't want the truth to leave their borders...I am very happy to see things smelling so good and coming about... ** MilitiaMan Article: "Parliamentary Finance: Al-Kazemi’s government seeks to enhance the purchasing power of the dinar in the market" Quote: "...the real value of the Iraqi dinar is determined through the exchange of the dollar against the dinar in addition to the purchasing power of the Iraqi dinar and the resulting net goods and services during a certain period..." The currency will maintain is position (value) for the next five years! That means after they change the exchange rate that it will maintain it's position. They are not telling us they intend to go into a market economy with a program rate of 1460. That is not what the WPs [White Papers] are telling us. They are geared to go into a market economy and give purchasing power...they clearly spell it out. imo...They told us they are going to be a direct float or managed, hence, it will not change much over that five year period...imo It is GOLD-N... Oh yeah...! ** Frank26 I'M excited about this month. I don't usually tell you that because usually April and September historically have been very very explosive...maybe towards the end of this month, maybe towards the last week of this August it's going to get hot. It's going to be hot...Let's see what happens. It's exciting. I will admit I like what I'm seeing I really do. That's all for today folks ... Blessings ... RON
  14. ** Mnt Goat ...The Iraqi dinar was ripped off of the foreign currency exchanges namely FOREX in 2003. To get a new rate back they will first need to REINSTATE the currency. When they do they will use the new financial management system devised by the US Treasury in 2011-2012. It calculates the new rates on newer and more fair criteria. They plan to devalue or revalue many different currencies all at once when they roll this out. The banks now can see these new rates since they already have the electronic tie in to this new system... ** Kaperoni Like I have said numerous times only with the success of Iraq 's economy can the dinar go up in value. It is not a lottery ticket. If and when Iraq decides to create a market economy/private sector and begins to diversify resources away from oil will Iraq begin to succeed. Only then will the dinar begin to go up in value. ** Walkingstick The budgets were fake for many years. Now...No! They're well scrutinized, well policed, well balanced, well calculated. They used to be fake. That alone with the misuse of the CBI's auctions the money/wealth of Iraq was just raped. 17 years later it's impressive...Kazemi tells the citizens of Iraq that every future budget from this point onward will be of a new dimension, a better mechanism to serve and protect the citizens of Iraq... ** Frank26 [Iraqi Boots-on-the-ground Firefly TV report] FIREFLY - The Finance Minister is being interviewed today and he's saying that it's time for Iraq to show the real value of their currency and he's saying Iraq has reached financial stability...and Iraq needs to show their real value to once again be a leader in the Arab world... FRANK - Wow!... Linchpin. FIREFLY - This is a 20-minute interview and they keep replaying...over to us all day. FRANK26 - Wow...everyday they're telling you more and more and admitting more and more because they know what the CBI is about to tell you the citizens of Iraq and then Kazemi will take that new exchange rate and explode your economic reform...(post 1 of 3).. ** Frank26 [Iraqi Boots-on-the-ground Firefly TV report Cont.] FRANK26 - It's not that it's getting closer...it's that it's already here and it's just being introduced to you...notice that they tell you something about the currency exchange rate...and then they repeat it over and over gain and then they tell you more and they repeat it over and over again. Do you understand the pattern...? FIREFLY - He also said Iraq is missing out on billions by not having their true value exposed to the international world. FRANK26 - You are now in the reinstatement...it is now being revealed. It is now being introduced...they now are ready to reveal to you the new dimension of the CBI's mathematics of your currency...(post 2 of 3).. ** Frank26 [Iraqi Boots-on-the-ground Firefly TV report cont.] FRANK26 - This has to be the best youbetube I think I've done. I'm so happy about what I'm sharing with you because it's what we told you that would come about...you have security and stability and that is the exact thing that Dr. Shabibi wanted for both of your reforms...politicians are ugly. They're selfish. This is their trademark but right now it's an advantage to you Iraqi citizens because they're admitting to you...that a change is going to happen to your currency and your exchange rate...they gave us a hard time denying it and now they're supporting it...(post 3 of 3).. ** MilitiaMan Article Quote: "The government has not implemented many articles and paragraphs of the general budget law for the current year until this moment due to the objection and observations of the Ministry of Finance and other ministries on the articles of the law, which led to the delay in its implementation." "Until this moment" they say.. Interesting the 2021 budget is in the news lately...They are not going to keep harming the citizens..imo... Fairly certain then if need be there is an emergency... It is called Article 8 with a new rate...lol We are imo seeing things shape up globally and gearing for a very big event... ** Petra Let's be clear...We have never been at this stage before. Too many timed events are occurring that lead us to believe we are in a, as MM [Guru MilitiaMan] said, no turning back scenario...Yes, we are in a very strong and multi-faceted convergence all waiting on one thing..!
  15. 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 *** Frank26 What's Kuwait's currency valued at right now? It's around $3 and 20 something...that's because Kuwait's currency is trusted internationally. A higher exchange rate is the reward for a currency that obeys the International banking laws. And today, as of now, they [Iraq] has obeyed everything. We are so close. In fact, IMO, toward the end of this month it's going to get pretty hot. *** Walkingstick When the dinar de-pegs and leaves its border and goes outside they raise the value of their currency at 1 to 1 with the American dollar...domestically or internationally it's the same value. There's not two exchange rates...if the Iraqi dinar leaves its country, un-pegs and starts to free float... you've got a lot of articles telling you that's what they're going to do. Let's say all of a sudden it climbs to a value of 2 to 1...What is the value of the dinar inside of Iraq? 2 to 1...there aren't two exchange rates for the Iraqi dinar...when it increases it increases across the board. A dinar is a dinar...it gives Iraqi citizens more purchasing power...this is one of the main priorities of the monetary reform. You're witnessing it. That's what's so exciting about this. *** Frank26 They're talking about floating...Do you know the definition of floating? ...'Floating the local currency'...is to make the exchange rate free from the authority of the state and central bank and it is decided automatically in the currency market through the mechanism of supply and demand...Kazemi and the CBI is telling the citizens what they're doing. This is huge! We told you. You laughed at us. Then they tell you. And you say ok. Now they're telling them again but this time in details...they're going to tell them when they're going to do it, why they raised the value...the exchange rate, how they're going to float the currency, how it's going to go up in value. Behold..! *** Mnt Goat Article: "THE CENTRAL BANK OF IRAQ .. AND THE PROCESS OF ACHIEVING MONETARY POLICY GOALS" Great article!...Seems to me they achieved monetary stability. So where is the RV then if that is what they needed..? ...why do they keep using the excuse they need yet more SECURITY in Iraq? The FACT is the value is in the Iraq dinar already only they are suppressing the rate so that it does not reflect the TRUE value. What at they waiting for?
  16. 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 *** Frank26 Article: "A new statement from Parliamentary Finance pushes to change the dollar exchange rate" Might as well drop the mic and walk away...You were saying it wasn't going to go up for years? Why are you singing a new song birdie? Because it's election time... Quote: "we finance committee continue to demand the dollar exchange rate be restored to the old prices." No stupid it's going to be 1 to 1 on par with the American dollar... *** Mnt Goat ...today in our news for this period we hear that they have done exactly what Allawi said they would do way back from oct 2020. It is almost 9 months later but they got it done and our now moving head on implementing the White Paper. Boy are they so slow in getting anything done and that is part of their problem. That is why we wait for the RV so long.
  17. ** Frank26 Article: "The exchange rate of the dinar enters the electoral fray in Iraq" They're talking about the exchange rate again and they're doing it because there's an election coming up. This is perfect timing because the 'good guys' are telling the citizens about a change in the exchange rate and new currency coming out. Now the 'bad guys' are doing the same thing. Why? Because they want to buy votes... ** Breitling We're getting indications from Warka [Iraqi Bank] because they passed laws/set the infrastructure so they can do more international business with their currency. Not the U.S. dollar...their biggest solution is to add value to their own currency. They're not going to come out at a super low rate because it wouldn't fix anything...a currency that's worth nothing, how's that going to help Iraq? ** Frank26 What's in the White Papers? IMO the exchange rate...The White Papers are in the budget. Does the budget have the new exchange rate? Yeah. What else is in the budget? The HCL. Is the new rate used in the HCL? Yeah... ** Walkingstick The monetary reform has to be wrapped up in the economic reform. Many article are proving it day after day...you can't have the economic reform without the monetary reform first...the Iraqi citizens like that because they're going to get jobs/because of their economic explosion/because of the monetary reform...Kazemi is talking about both reforms and promising to the citizens that it's coming... ** Kaperoni ...The white papers have nothing to do with Iraq's exchange rate. White Papers are a roadmap of sorts to implement a private sector market economy.
  18. 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 Article: "A jump in he prices of Basra and Light crude touches $77 a barrel" This is what I like. I love it. I want some more of it! ...I still think it can hit a hundred dollars a barrel right around fall time/the end of the year especially. This is good because we know they budgeted for 42 at first, switched it to 45. Everything above that is just icing on the cake...this is butt kicking right here. I was happy to see this. I'm happy for Iraq...like you I'm pretty curious about what the 2022 budget is going to have if the oil prices continue to stay high. *** Walkingstick & Frank26 They're once again talking about the exchange rate...who are the only two in Iraq that we pay attention to? The CBI and Kazemi...Kazemi is talking all over the place and it started on Monday...it's important to understand the White Papers is a big topic with Kazemi...He came out...just pounding the stick...He's pushing the White Papers. He's pushing it to the citizens. He's selling it to the citizens...'Since I came back from D.C. Wooo..!' The new exchange rate is wrapped up in the minutia of the implementation of the White Papers...in our opinion..!
  19. 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 ** Frank26 Iraq right now is on a mission with its monetary reform to de-peg from the American dollar. They want to stay on par with the American dollar. But they're ready to de-peg, stay on par, go into the international theater and let the value of the Iraqi dinar go up outside of their borders in the international markets...IMO the CBI and Kazemi are not going to wait much longer. ** Pimpy Article: "A new statement from the US administration about repealing the Iraq War Authorization Act of 2002" We already know this. Biden already said it, did it, it's done. We're moving out the troops. All is good. ** Militiaman One of the key components of an exchange rate is going to be, what was it priced at? They tell us in the past a price that was quite 'popular'. I'm not one to think that 1166 or 1182 or 1190 or 1460 is or was ever 'popular'...but what's popular? If none of those are popular we can safely presume that something prior to that...quote "restoring the exchange of the dollar against the dinar to its previous price is a popular demand by all the people." They know their history. If we're going to go back to when we had purchasing power it's obviously not 1190 because they were looking for purchasing power while they were at 1190. So it's pretty good.
  20. 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 ** Breitling Question: "Would I be wise to buy 500 denominations along with the 3 zero notes?" A lot of people ask me about the LOP. People are saying that's still part of the equation/debate. No it's not! That's not part of the debate at all...if you look at what they're doing in Iraq and how they're doing it, they want to add value to their currency and lopping the 3 zeros is not adding value to their currency. As an example if you look at what's going on with Turkey when they lopped the 3 zeros off their currency. It was because there was massive inflation and they couldn't fix anything...(post 1 of 2).. ** Breitling Iraq devalued their currency on purpose. They made it cheap to do business with their country...it's a completely different ballgame. The Iraq currency is not in trouble. It's heavily manipulated...It has to do with the note count...Information coming from the CBI - when they do start adding value to the currency that once it gets to a certain rate they are going to have another currency that's out there that doesn't have the 3 zeros on it. If they're going to lop the damn dinar that you and I have that have the 3 zeros on it then there's no reason to have a completely different note. There's no reason for it. It doesn't make any sense...it's not going to lop...(Post 2 of 2).. ** Pimpy Article: "As compensation for the invasion of Iraq, the United Nations pays $600 million to Kuwait". This I like a whole lot. Let's get to the most important thing. Quote: "the last installment is expected to be paid within a year." Yep! Then you have no more payments going out. That's it...everything is taken care of once that's done. Plus our troops are withdrawn. Complete sovereignty ...then I'm looking for a rate change to happen...get the Americans out of there. Make your last payment to Kuwait. Get your sovereignty back. Let's change the rate... ** Frank26 Iraq is grown up. It is secured and stable to bring forth its reforms, especially in its currency in order for it to have an economic reform. It can be done tomorrow and it can be done by the end of the year. All I know is that Iraq needs to be sovereign...[Years ago] Dr. Shabibi told our Blue Star - Iraq needs to be sovereign. And this 'pull out' [of troops] that Biden was talking about is part of the security and stability IMO... That's all folks ... Blessings ... RON
  21. 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 Article: "Iraq's revenues from oil exports jump 62% in the first half of 2021" This is awesome...Yeah buddy, that's what we're talking about right there! This is despite we're still on partial lock-down/on full lock-down in places so you can imagine what happens if the entire world opened up once people wake to the fact that this is just a planneddemic...all this does is secure and strengthen the economy which is exactly what we want... ** Frank26 IMO the GOI has pledged to the World Trade Organization a certain parentage of the local currency (30 to 40%) of dinars at a certain value upon admission into the WTO...you think the WTO wants a certain specific percentile and figures of the Iraqi dinar currency at a restricted sanctioned program rate? ...to be in the WTO Iraq's currency needs to be tradable...
  22. 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 Article: "Al-Kazemi's advisor: Were it not for the monetary policy stance of the Central Bank, the situation would have been very dangerous" This one blows my mind...They keep coming out with articles explaining to people why they made the adjustments to the exchange rate. Why? You've already said it once. You said it twice. As a courtesy said it a third time. Why are you saying it 20 times? What is really going on that you have to keep talking about why it is you devalued the Iraqi dinar. We get it but we also realize what is going on in your economy... *** Breitling Question: "Did Iraq join the WTO? And how would that effect the revelation?" No they did not join the WTO...They're not full fledged members of the WTO. They don't have to be. *** Frank26 The CBI quiet before the perfect storm. IMO the CBI has good reason why they're quiet right now because they're talking with the United States Treasury in Washington D.C...the CBI is quiet for at least 6 or 7 days now because the perfect storm is developing and the eye of this perfect storm is in Washington D.C... UPDATE: Today the CBI came back out and started talking again...holy cow they're parrots on steroids. What they talked about was the education [to the citizens]... Not much today ... blessings ... RON
  23. 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 *** Frank26 If Iraq wants to join the WTO they can't say to the WTO, 'Can we join?' No, every country on this planet Earth that joins the WTO needs a sponsorship. They need a sponsor. Who is the sponsor for Iraq to join the WTO right now? ...the main sponsor is the United States of America...Kazemi and the governor of the CBI are still following the protocol that Donald Trump left for the Middle East...IMO a sponsoring country would be a perfect candidate to be 1 to 1 with... *** Pimpy Article: "Iraq's foreign money between the anvil of creditors and the hammer of protecting the US Federal Bank". There are a handful of articles that keep talking about this...we have been holding on to some money for Iraq for a long time. There have been a lot of creditors trying to get in there but there was an agreement...the United States told everybody else hands off period. Nobody could come after this money. All debt is considered settled once they pay these things off. Why do they keep talking about that? [post 1 of 3....stay tuned] *** Pimpy I can't help but smile because IMO what I think is going to happen once the troops leave Iraq is gaining their sovereignty, they pay their remaining debt off - they have the money to do it quickly with Kuwait and this other company then they should be debt free. Then we give them their funds back. If they get their funds back...does that mean they should reinstate the rate the United Council was talking about which is $3.22? [post 2 of 3....stay tuned] *** Pimpy ...In 2017 what did they [United Council] say? Iraq has...done nothing to lose the value of their currency. It should be reinstated at $3.22...If they indeed used the revenue from oil to destroy 70% of the currency that was in circulation...is it low enough where they can now reinstate once they get their money, their sovereignty, once their debts are paid? Is it possible? Again...the United Council said what? They've done noting to lose the value of their currency. There's no reason for it not to be reinstated at $3.22...Is it possible they're going to give them their funds back? Is it possible there's enough in there to cover the $3.22 rate? [post 3 of 3]
  24. 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 ** Frank26 I see people calling me about bonds. Bonds? What' about bonds? 'Yeah, well you know they're doing them and that means that it's going to happen.' What's going go happen? What does bonds have to do with the Iraqi dinar monetary reform? ...I'm not making fun of anybody but...you have to be careful where you get your information. Some guy called me and say, 'Hey Frank the pay masters just approved the monetary reform.' Pay masters? Of what?!? 'Frank, the GCR is on.' The What?!?! 'Frank, they just signed an NDA.' What?!?! What does a Nondisclosure agreement have to do with any of this?? I'm not trying to make fun of anybody... ** Pimpy Article: "Al-Kazemi's advisor: There is no change in the dollar exchange rate" Still talking about the rate change. Why? If you're saying this rate change is not going to happen this year why do you continue to talk about it? That doesn't make no sense. If you're trying to tell us the rate change is supposed to stay the same for the next 3 to 5 years then why are you talking about it? ...obviously it's being talked about between the powers that be. And it's being talked about a lot, to the point that this guy has to keep coming out and saying that it is not happening. So we will see..!
  25. 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 ** Frank26 You can't spring the monetary reform on the citizens, it would fail...they're making it very clear to the Iraqi citizens that the CBI and Kazemi are changing the exchange rate and changing the currency because the 3 zero notes will not work with the new exchange rate...the international community knows and that's why it's pouring into Iraq. They know that a change is coming from both of these issues - their currency and their exchange rate. Saleh...is explaining to the citizens the how's, the why's, the when's, the where's and soon the date of all of this. It's not a secret. ** Footforward Article: "Joint Statement from the U.S. Department of the Treasury and the State Bank of Vietnam" Article quote: "The SBV is also making ongoing efforts to further modernize and make more transparent its monetary policy and exchange rate framework. In support of these efforts, the SBV will continue to improve exchange rate flexibility over time, allowing the Vietnamese dong to move in line with the stage of development of the financial and foreign exchange markets and with economic fundamentals, while maintaining macroeconomic and financial market stability." Translation...we want you to revalue your currency now.
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