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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 *** Article: "PARLIAMENTARY ECONOMY: THE STREET WILL EXPLODE IN THE FACE OF THE GOVERNMENT IF THE DOLLAR CONTINUES TO RISE" Quote: "...the Iraqi market has been witnessing great confusion for days due to the instability of the dollar exchange rate..." ...How long will this devaluation continue? When will they finally delete the zeros and issue the lower denominations? When will they realize this is part of the problem and holding them back. *** Pimpy *** Do I think the rate is going to stay where it's at? Hell no it's not. Not for no damn three years. Is it possible? Of course it is but I don't see it.
  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 *** Frank26 *** Article: "Specialized Banks" Quote: "Now that we are moving completely towards the capitalist market economy system..." Capitalist market economy! That's freedom. My money is free to move in your country? That's Article VIII! Somebody ring a bell! Ding, Ding, Ding, Ding! Thank you...this is powerful. This is Article VIII.
  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 *** Frank26 *** IMO on the 20th of May the Fab 4 finished with the Central Bank of Iraq - the Central Bank of Iraq basically it's your turn now. That's extremely close. That is an extremely long accomplishment that has been completed and for the governor of the Central Bank of Iraq to actually come out on the 20th and actually say those same words, 'We have completed.' What? 'This, this, this and this.' And all 'this this this' is not for a program rate. Not at all...un-peg. It's your turn. *** MilitiaMan *** Article: "Wisdom suggests that the Minister of Finance will not be questioned for these reasons" There may not be a need to question him if what I see to be a key component of reforms being on the table. The mechanism gets places accordingly, there will be no need to question him. As the mechanism fixes the problem... That's all for today ... Be Blessed ... Ron
  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 *** Frank26 There are many telltale signs that Iraq is going through a monetary reform. We told you on the 20th the governor of the CBI was going to come out and tell you 'look I competed a lot of things'...the CBI is trying to say, 'we're done'...What's competed? Every step required for the monetary reform. When you look at the fact that they're connected internationally. When you look at the amount of gold they have piled up. When you look at the contracts. When you look at...they had two meetings. One with 500 banks and another with 300 banks. Come on! ... Why is the CBI so important? Do you know of any other country in the Middle East who's currency is about to go up in value? *** Mnt Goat Article: "IRAQ IS FACING A DATE TO OFFICIALLY RESTORE THE PREVIOUS DOLLAR EXCHANGE RATE" ...When they come out raising the dinar rate they are going to go big. Much bigger than the previous program rate. *** Frank26 Q & A: [Mr Frank, Erbil and Baghdad budget agreement will be implemented..!] I know...we saw those three days ago and I’m rather excited because in my opinion I believe this is related to the monetary reform as well because Kurdistan did not want any more delays... [Mr. Frank, you were right about the 20th and we are kind of excited here especially with disagreement on the budget because it seems like the Kurds we’re pushing for the HCL] ...everything waits for the new exchange rate but I think the waiting is coming to an end... [...this is our oil and gas deal our HCL isn’t it.] Yes...and the next thing you will receive is purchasing power in your currency oh and by the way stop and think about it...(post 1 of 2).. *** Frank26 Iraq central bank has added a ridiculous amount of gold and other assets to back up their currency and it’s rather insulting to think that this mountain of gold is for a stupid program rate. The Kurds is what we were looking for but I also want you to take note China is not as stupid as they are cruel to see them pour in billions to get oil from your country because they cannot get it from Iran is only going to make your Country very rich and that’s just one of the endless countries that are coming into your economic reform and all because the monetary reform was done correctly properly and Proficiently with the Fab four and the whole international world knows this and loves it...and yes the governor of the CBI on the 20th completed everything..(post 2 of 2)..
  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 *** MilitiaMan *** Article: "Kurdish parliamentarian: The region’s delegation will not sign any agreement with Baghdad" Quote: "... Kurdistan Regional Parliament, Diyari Anwar, ruled out the signing of an agreement between the next Kurdish delegation to Baghdad and the federal government regarding oil...." ...Why visit Baghdad for a formal visit if not for the HCL? Maybe because they are to come for a photo op, as the HCL has been sorted already (Feb 24, 2021) and now they may have the mechanism for it. imo... To the latter, it would be a formality. imo. KEep in mind the new system has corruption under control once they interlink with the mechanism going forward, imo..
  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 *** MilitiaMan *** Article: "a large number of industrialists will start operating their factories when they are allowed to open credits with a subsidized dollar."... Think about that. ... "Also, selling subsidized dollars to industrialists on the condition that documents are opened through banks will greatly encourage the stalled factories and speed up their start-up, which ultimately leads to alleviating the unemployment problem that has become constantly exacerbated." ...They are going to a market economy. ..."The "industrial dollar" contributes to reviving the national product” ...They are saying a rate change is coming... ... *** Frank26 *** Vietnam, it's like its feet are moving and someone is holding him up [by a rope] and as soon as they let him go he's going to take off. Vietnam way ahead of the schedule...Vietnam is exploding on the international scene...boom today we Bring you article and one of them said Vietnam has been taken off the currency manipulator according to Bloomberg news...
  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 *** MilitiaMan *** Article: "The Dutch Disease and Iraq's Foreign Exchange Rate" Quote: "Had the dinar exchange rate been determined...the rate would have been much higher because of international demand for its oil." This article tells us/me...they can and could support an exchange rate for our benefit and one that would benefit the citizens and bring purchasing power..! Quote: "therefore, it's high time now to adopt a flexible exchange rate..." All the things we are seeing now points to the digital transformation and going to a less cash society with purchasing power is coming to Iraq...
  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 *** Something has happened and what I believe is happening is that there are many codes that are being established and are being implemented with the Iraqi banks. I believe they are for imports, exports. I believe it's for an exchange rate that is not public yet... *** MilitiaMan *** Article: "Nechirvan Barzani discloses "significant" external support for Erbil and Baghdad to resolve their differences" Quote: "there is "great" international support for Erbil and Baghdad in order to solve the differences and pending issues between them" There is a Digital Summit going on through tomorrow. The mechanism that Baghdad and Erbil are to disclose is about to reshape the way they do things and in a big way...imo The world is watching and reacting now. imo There would not be 500 global bankers and Central Bankers over a two to three week period discussing digital clearing and compliance. That does not get done with out massive logistics... imo...We are in a good place... Good Morning Dinar Vets....Ron
  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 *** Mnt Goat *** Article: "PARLIAMENTARY FINANCE TALKS ABOUT THE CONTINUATION OF THE CURRENT EXCHANGE RATE OF THE DOLLAR FOR THE NEXT FOUR YEARS" Quote: "...setting up a schedule for four years to normalize the exchange rates of the dollar is illogical and contains many inaccuracies..." ...They are not saying that the devalued rate of the dinar will remain for 4 years. The finance committee is opposing this move and says it will be subjected to “annual” re-evaluation... *** Frank26 *** [Community member bank story.] Frank - About a month ago I told you IMO you should start asking your bank friends about the Iraqi dinar...I feel banks are now in the position where they are well advised/informed of what's going on. "W" lives in Jacksonville, Fl [Here's his bank story] I went to one of the managers [Chase Bank] and went into the office...I closed the door behind me...I said I don't want anyone to hear this conversation...I said I have some currency to later on exchange. He said, 'ok, what kind of currency...?' I have dinars. He looked at me with eyes open big. I said, everything alright? He said 'yeah, yeah.' He starts typing on the computer...he said, 'oh, we've been waiting for something to happen. When something happens we will be ready for you.' Frank - So he said they have been waiting for something to happen with the Iraqi dinar!? W - Yes. Frank - Ok, continue...(Post 1 of 3)..Stay tuned for the rest of the story..
  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 *** Petra *** Article: "Saudi companies prepare to launch giant investments soon in Iraq " [...The Saudi's don't play games and have little tolerance "postponement and delay tactics" if your not ready to do business they don't stick around. The fact that they seem to be moving forward with investment projects (according to this article anyway) again I find encouraging...] Correct...Looks like they may get the first dance card with the queen of the Ball..! Please Note that: Friday Night Opinions @ 8:05 PM CDT - 5/15/2021 is really Saturday Night @ 8:05 PM
  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 ***..."According to the information, the salaries of employees and the region’s share in the budget law will be launched by the Federal Ministry of Finance after the Eid al-Fitr holiday." They told us the mechanism was agreed on, and was to be dealt with immediately after Eid Al-Fitr…Lets hope they have the international mechanism ready to roll out..!! *** Mnt Goat *** Article: "China agreement with Iraq will be activated soon, while noting that the annual volume of exchange between the two countries has reached 30 billion dollars." This is very important as China needs the Iraqi oil real bad. This is a geopolitical move on China ’s part... *** Frank26 *** All I know is that they need to lift all of the restrictions. They need to announce they are article 8 which is lifting all the restrictions. This is the key to our investment. Not the rate increase. The international status of Article VIII to be announced. The de-pegging of the American dollar so that then they are free. They're liberated...!
  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 *** MilitiaMan Article: "Saleh assures the Saudi delegation the importance of strengthening bilateral relations and the role of Iraq in consolidating the security of the region" This is a big deal and it looks like they have agreed on many things. Security and Stability are a couple items, as are the economy and investments... Oh, I like this... Bring on the MECHANISM!!! ~ imo. *** Mnt Goat ...I can tell everyone with complete and utmost assurance that there is NOT going to be an RV anytime soon unless the CBI announces going ahead with the project to delete the zeros. They have not. I know they are planning it and working out the details but the economy and other issues, such as the move to increase the reserves are standing in the way...They...need the Iraq constitution FULLY implemented. That means HCL and the Article 140 referendum that the constitution calls for. But not just written but passed in parliament and implemented successfully. Yes, these are the obstacles. We know that both of these referendums are in parliament being reviewed but not yet voted on. *** Frank26 Walkingstick and I shared with you that they have a date...and it is solid. It's not a date that's going to jump around all over the place. It is written in titanium. Remember that? So when I was talking with I-Team they said look at the 20th. We're looking for the CBI to do something...it's immovable...it's solid...I-Team tells me almost the same exact words that Walkingstick told me almost 2 months ago. They overlap with each other. I told you, 'In the near proximal future.' - this date that they have that is carved in titanium. Apparently now is immovable and solid as well too...IOO. *** Petra Remember, the dinar is still at a PR (sanctioned) rate. Even though they have been given a clear approval to move forward by the IMF/WB/UST they still are under the old rate. And because of that, they CANNOT use the IQD to purchase goods outside of their country. The only 'mechanism' they have currently is to trade their dinars with the banks for USD to purchase medicines, computers, Pepsi, and other good that are not manufactured in Iraq. So, they must continue to purchase using USD until they change their rate to an internationally recognized and accepted currency...the auctions serve two purposes: it allows for import purchases...as well as drawn in more notes from the citizens. Will this change after the RI...you bet! But for now, this is the necessary process in order to continue international trade to provide what Iraqi's need to live. All IMO.
  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 *** Mnt Goat My contact in the CBI told me that late week that leading political figures along with the IMF met with the Central Bank to plan out how to conduct the project to delete the zeros. So, we know they are now considering moving ahead with the project and funding it. *** Petra Article: "The government will provide all conditions for the success of investment in Iraq" What does that mean? In order to have success with investment you have to have a tradable currency. You've got to have mechanisms by which that currency can be tracked and traded internationally. i.e. BUNA. We have the Prime Minister himself coming out and saying ALL CONDITIONS for the success of investment in Iraq. That IMO was a huge statement... *** Frank26 The Iraqi Stock Exchange and the Erbil Stock Exchange, oh my gosh they've been hot! It's been going on since right around December and January...IMO all of this 'hotness' really has been propped up. Artificial. It's under the pretense that Iraq is about to raise the value of its currency...if they don't go International. If they don't increase the rate of their currency, all this market activity with the ISX and ESX will just crash. 1930 has nothing on what can happen to Iraq if they don't raise the value of their currency and go Article VIII. *** MilitiaMan More interest in the dinar in relationship to the stock exchange is very heavy. I think that's an indicator that investors around the world are getting excited and having to put money where their mouth is. The country of Iraq knows that. *** Pimpy The people in Iraq rising up going after the politician Maliki who is backed by Iran - that to me is good. The fact that oil prices are up is great. The fact that the deficit is already taken care of this early into the year is awesome news. Biden expending the declaration of emergency that's not good. That sends a really bad message...there's a lot of good things going on but there's also a lot of bad. You should be aware of all of them...we are super pumped about the oil prices going up... ***Frank26 The rate is not waiting for anything. It is done...just because you can't see it doesn't mean it's not occurring. But you can see the evidence of it. Look at all the articles...you tell me that this country is not international. Look at their banking structures...that is an international status for the banks of Iraq...
  14. 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 *** They are going to raise the value of their currency...articles are casting a shadow of the evidence that they're raising the value of their currency and that's all there is to it. I know you want it like this [Snap] but you can't do that to yourself. This is the Middle East for crying out loud... *** Pimpy *** Article: "The government succeeded in filling the deficit gap and facing the recession within a year" That is great news. The deficit is being taken care of. Thank goodness for higher oil prices...remember I told you guys we were looking for other signs - good signs that we just don't have to rely on the RV/RI announcement. There are other indicators out there that will tell you that the value of the dinar would go up. The fact that they're taking care of their deficits - this is good. Making more money than was anticipated - this is good...this is what you want to see.
  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 *** Petra ... More articles discussing France and China engagements (contracts) all are telling a very exciting story for the strength growing daily of the IQD...Many more articles... demonstrate that Iraq is getting financially stronger and truly getting their house in order under the direction of the IMF/WB/UST... *** Pimpy We already know they're implementing their white papers. We already know they're underway into this new budget. I know there's supposed to be some amendments but you got one group saying that's not going to be amended, others saying that they're hoping for it. We'll keep an eye on this. Oil prices continue to go up. This really benefits Iraq in a lot of different ways as long as they invest the money into opening the private sector...I know they're saying no supplementary budget but I'm thinking there will be one... *** Frank26 If you look at the CBI website everyday and you say to yourself, 'Oh, my goodness they just announced that they de-pegged from the American dollar...!' You should get excited...contracts and the budget are both waiting for a new exchange rate... *** Petra Article: "Ziad Khalaf: The Iraqi Summit For Digital Transformation Is A Gateway To The Country's Development" This is key: "the direct cooperation between the Central Bank of Iraq and the providers of electronic lift services has contributed to the consolidation of the electronic payment infrastructure, in terms of the database, governance rules and instructions, and local and international compliance. He pointed out that the companies licensed by the Central Bank, Visa and MasterCard, and the two operators were able to support most banks in issuing international cards and portraying the reality of electronic payment services." Key words: consolidation, infrastructure, governance, local AND INTERNATIONAL compliance, INTERNATIONAL cards...etc. Really a huge article and note...this meeting is in the past!! IMO...
  16. Today is The National Day of Prayer - Pray for our Nation, it's Government, Our People. 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 ** The Unpegging of the American dollar from the Iraqi dinar will allow the 1 to 1 rate domestically and will allow the 1 to 1 rate to leave Iraq and go into the international community where it's going to float...the day that I see the Iraqi dinar has been unpegged it may be like 3 seconds and then we'll see the new rate...more than likely IMO...the moment you see the CBI talking about unpegging, holy cow, hold on tight. ** Pimpy ** I know somebody out there in the YouTube sphere told everybody that there was an in-country rate change which is not true... ** Mnt Goat ** Article: "ACTIVATING THE ECONOMIC ACTIVITIES OF IRAQ" Quote: "...activating economic activity between Iraq and the major economic blocs, is one of the things that contribute to activating economic activities, by investing in advanced technology for investment companies and transferring them to the country." All good signs that Iraqi is moving ahead - not backwards. Today is The National Day of Prayer - Pray for our Nation, it's Government, Our People.
  17. 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 I don't see anything bad coming down the road...But they've got to do it correctly...the people that I know who helped set this up (I don't know them personally) they still have dinar. They all have faith in it. I know there's governors, there's senators...they still have it. Whenever this comes down, at what rate, at what pace that's our lot. There's nothing negative here. Don't worry about that... *** Pimpy Article: "What is the area in which the central bank moves in the area of controlling the currency exchange?" When it's a "free float" then it's up to supply and demand. That means the market decides the value of the exchange. You have a "fixed rate". That's where we are right now. They're telling you right now you get 1460 dinars for every $1. That's a fixed rate..(Post 1 of 2).. *** Pimpy A "dirty float or managed float" you let the market determine the value of the currency but if it goes too far one way or the other the bank can intervene and fix it. In other words peg it to something for a second. There's been a lot of talk about the currency. Are they going to free float it? The funny thing is why are they having these types of conversations? If we're being told the rate is going to remain the same for the next 3 to 5 years whey do they have these conversations going on...I'll tell you why. It's because they have no intentions of on keeping this rate fixed for that long. It's just not going to happen..(Post 2 of 2).. That's all there is for today...Blessings...Ron
  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 *** MilitiaMan *** Article: "Officially...Finance publishes instructions for implementing the 2021 budget" [...TODAY A RAMADAN HOLY DAY THE BUDGET INSTRUCTIONS ARE PUBLISHED... WHAT IS NEEDED THEREFORE TO IMPLEMENT THESE INSTRUCTIONS..??] There are things that will need to be implemented in short order. The MR process has not come this far to not see what we want..!
  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 ** Mnt Goat Again, I am telling everyone that the Revaluation and Reinstatement will NOT happen until the oil fortunes of Iraq are secure and the corruption evolving around them is fixed... ** Samson Article: "Iraq’s 2021 Budget Law Goes into Effect" Quotes: "Iraq’s federal Budget Law for the fiscal year 2021 will go into effect on Monday, April 26, according to an official document."; "It said appealing the articles of the 2021 Budget Law will not delay its implementation." So, what happened.....NOTHING NEW..! ** Mnt Goat Where do we stand right now with the reinstatement? Everyone needs to know there is still a plan still in motion. The plan is multi-faceted and includes the increase in CBI reserves, the stabilization of the security, break off from Iranian and of course the project to delete the zeros. We know that any needed banking reforms, enough to bank with the international arena, have been completed so this is not the banking reforms that are needed. ** Frank26 The articles are backing up what we are sharing with you...they are going to start taking about the 3 zero notes - you saw that...it went on for about a week. They're going to start talking about the exchange rate - you saw that. My goodness it's been going on for three weeks now...then we told you they're going to start talking about the fact they need to change the exchange rate. That's where we've been at for I'd say 10 days... .......
  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 *** Clare *** Article: "Al-Kazemi: We are working to launch a comprehensive investment campaign in Iraq'" THIS IS A HUGE ARTICLE - KAZEMI IS ACTUALLY MAKING AN ANNOUNCEMENT... "there will be work to launch a comprehensive investment campaign with the participation of Iraqi and foreign investors," THIS MUST HAVE THE NEW RATE! imo. FRANK26...told us...ABOUT THE EDUCATIONAL CAMPAIGN COMING TO THE CITIZENS... "THE CBI/GOI ARE NOW GOING TO PUT ADVERTISEMENTS EVERYWHERE...TV COMMERCIALS... BILLBOARDS ...NEWSPAPERS...REGARDING THE NEW CURRENCY THEY'RE ABOUT TO PUT OUT AND THAT THERE WILL BE A NEW EXCHANGE RATE FOR THIS CURRENCY" ...Walkingstick GAVE US THAT INFORMATION YEARS AGO! BECAUSE HE KNEW IT WOULD BE SO AT THE END...AND WE ARE SURELY AT THE END NOW. IMO IT IS OBVIOUS! *** Petra *** Kazemi came out last week and said they need to get 90 billion dollars in their reserves and they're only at 60. That kinda freaked everybody out. But if you think about it...if they were to come out with a strong rate...you've got to remember they've done currency swaps with a lot of other countries...Saudi Arabia, Jordan, Qatar, a lot of the GCC countries. They all hold dinar...if Iraq came out and kept their 1450 it would absolutely tank that middle eastern basket. All their currencies would drop. You know that's not going to happen. That's ridiculous...(Post 1 of 2).. *** Petra *** If they come out really strong with their rate when they do their revaluation then all the middle eastern currencies that are the basket value increases. Iraq has their currencies because they did the swap so guess what happens? The reserves inside of Iraq skyrocket. So to me, to cover that 30 billion is going to happen very very quickly if it hasn't happened already. Not to mention the amount of funds that are out there that they are going to go and repatriate and bring back into the country that were stolen, smuggled or whatever. It's like $500 billion...yeah I don't think it's an issue at all...(Post 2 of 2).. *** Walkingstick *** The CBI is now getting ready. They are about to put out information about the monetary reform to see what leaks out. And trust me it will leak out...Why would the CBI put out information about the monetary reform? To see what leaks out. The CBI for the last few years has watched everybody - especially from parliament and their own CBI structure...The CBI watched very carefully all those that put out negative information on the monetary reform. They know where the leaks are...the CBI is about to put out information about the monetary reform - 1 to 1, the new small category notes all that stuff - to see where it leaks out and once they find where it's leaking out they'll deal with it...
  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 *** Walkingstick *** The CBI and the GOI are now going to put advertisements everywhere. On billboards, commercials on television, they'll put them in the newspaper, they'll have pictures of the new small category notes, all of this information and that they'll be a new exchange rate for this currency ...it's basically down to weeks. *** Petra *** The Kurds sent a message to Baghdad saying you have our approval. We approve the budget now implement it. And that's a quote. We approve the budget we are now ordering you and directing you to implement it. They didn't say implement in the next 25 days. They didn't say implement in 2 weeks. It said implement now. I don't know what else to say about that...you got to move. You've got to do something. You've got to go...we've never been in this position before. There's always been reason and excuses of why it hasn't happened. But now it's at the doorstep. It's right there...we're very excited about where we're at. *** Frank26 *** We now have a budget for Iraq. It's official. This is the first budget I've seen in Iraq in my lifetime...that's extremely important...the main thing is it's now published in an official public venue the gazette. What's the rate in that budget? ...1460. It would have been illegal to release the budget with any other rate of 1460...right now the official exchange rate is 1460. Period. End of story...at anytime they can retro the exchange rate back to January first...the CBI is going to change the rate 1 to 1 and the budget will go retroactive 1 to 1 too...the budget is not legal until it is in the gazette. It's never been in the gazette. It's in the gazette ladies and gentleman so NOW the change of the Iraq dinar exchange rate is game on! *** Mnt Goat *** Article: "ADVISOR AL-KAZEMI: FLOATING THE CURRENCY LEADS TO THE COLLAPSE OF THE IRAQI MARKET" Salih is referring to dangers if they floated the dinar within Iraq using the program rate not reinstating and then floating it as an internationally traded currency on FOREX. The finance committee keeps pushing for an internal float. So what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability. *** Militiaman *** Saleh...obviously said this today for a reason. He's talking about not floating the currency. He's in a sense saying we're not floating the currency but we're going to do something possibly different...he's saying that for a reason because this next stage is going to be very short and he'll need to have communicated what he's thinking. Sometimes he tells you the opposite...they tell you what they're not going to do...in this particular case it sounds like he's got it sorted that...he's not necessarily going to float the currency...I'm not saying it's 100% right but the implications is it should be a strong sustainable exchange rate...
  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 *** Mnt Goat *** Article: "GETTING INTO IRAQ HAS NOW NEVER BEEN EASIER " This is part of the plan to re-open the country to international status and allow a free flow of people and capital in and out of the county. This is what we need to see.
  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 *** MilitiaMan *** Article: "What is the reason for the delay in publishing the budget law in the official gazette? Justice answers" Quote: "the draft budget law is ready for publication in the official newspaper Al-Waqae ', and will be published during the next Sunday or Monday." The week extension is coming to an end.. Sounds like they have it ready for publication...
  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 *** Pimpy *** Article: "Al-Kazemi: We have succeeded in stopping the waste and the great corruption in the Central Bank auction, and we will not stop" ...he seems to be doing what it takes to clean up Iraq and to get them back on their feet where they belong. They are a rich country...unfortunately the corruption is so bad and people are so greedy...these are the types of things [Cleaning up corruption] I like. It's a great reflection on the country when it comes to the international people...this is good. We want to see the corruption being taken care of. *** Mnt Goat *** Article: "MEANING OF CURRENCY REVALUATION AND WHAT WILL HAPPEN IF IRAQ TAKES THIS PATH" Quote: "The act of altering the value of a nation’s currency relative to other currencies is typically influenced by market pressures. The pressure is now." The pressure is not going to end until the CBI completes the project to delete the zeros and the revaluation of the dinar against the dollar.
  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 *** Pimpy *** Article: "Al-Kazemi: The Central Bank reserves rise to more than $60 billion" this is good. Why is that? The more of the reserve dollars that they have, the more foreign currency they have in the reserves that...strengthens the dinar. This is awesome. It's good to see. *** Mark *** [Comment:...It has the possibility to go back up internally if they collect enough Dinar off the streets.] They have definitely been doing that. We have seen that in the main stream news…they have collected about a trillion and a half dinar off the streets in the past 2 months. Is there a set number they are looking for…no…I hear once they stop getting an inflow off the streets, then I’m told it will go, and go quickly. Told by who Mark...Santa..? *** Frank26 *** The goal is to change the rate. And it will be fixed. But, IMO, because oil prices are changing constantly the float outside is going to move a little faster than I calculated... 4-14-2021 Newshound Guru Pimpy I see it all the time in the news and it's interesting to watch. We are seeing now almost on a daily basis is some type of talk about the exchange rate...the news is paying attention to what is happening on the open market. Very very interesting. That's it for today folks ... Be Blessed ... RON
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