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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 For decades, forever, the corruption in Iraq have stolen the future of the children of Iraq, let alone the Middle East...You'll find them in parliament, you'll also find them in the media - television, newspapers of Iraq...Sudani brought in Alaq with the permission of the board of directors of the CBI. When he did, things started to move forward. That's why a 10 year report has now been put out. Pimpy The dinar is not going to happen today or the next week as far as I know but this is a pretty big step [the restrictions removed from foreign currency exchange] for them because this allows a lot of liquidity which is necessary inside of Iraq. Liquidity has always been an issue for Iraq. This will change that. That means more businesses/people doing exchanges with the currencies. A lot of liquidity in Iraq is what they need. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq comes back on TV again and he's talking about we have in circulation 100 trillion dinars and in our reserves we have well over 100 trillion making our currency to be stable and low inflation. FRANK: The CBI has never even printed 100 trillion dinar so how is it possible? Because you're going to go digital and you have a new exchange rate. Samson Article: "Transport announces completion of initial design phase of development road with its land and rail routes" Militia Man I think they've got it to an exposer level. They haven't exposed the 2024 budget yet. They haven't exposed the hydrocarbon law yet. They haven't turned on oil in the Port [Into Turkey] yet. Why? Because I think the 2024 budget has something that we're waiting for. Walkingstick [Iraq bank friend Aki update] What are you doing in Michigan? I'm taking care of the CBI Bank. What else you doing in Michigan? Me and my 18 partners, we've got 93 currency center banks. Where? Michigan. The state is important. For who? The CBI. The Arab population is massive. There are cities that are just Arab now.
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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 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy said he has heard that Citibank and JP Morgan who have worked with Iraq for the last two years went to all the meetings...with the IMF, World Bank. It turns out Citibank have come out with something called CitiDirect program. It's...so banks can exchange foreign currency and deal with 135 different currencies. It is direct and all digital just like everything we're doing in Iraq...Mr. Sammy says these two banks will be leading the way but it will be banks all over the world too. FRANK: You can't be a central hub at a program rate! MarkZ Artic;e: “The election of the new speaker of Parliament will contribute to the legislation of important and obstructed laws” I have a few folks in Iraq that are convinced that sitting the new speaker was important and now I know why. They specifically name the HydroCarbon Law in this article…The HCL!!! There was a lot of meat to go with those potatoes.
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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 Sudani the prime minister of Iraq is now in control of the auctions of their CBI. What's so important about that? Because... when the government sells their oil they get paid in dollars. That's the agreement with America and then those dollars go into the CBI auction and they get converted into dinars. That goes back to the government to pay their bills. But it wasn't. It was going from the CBI auctions to the hands of the corrupt profiteering evil people, the far left of Iraq...The auctions were the problem. Not anymore. MarkZ The new slogan “Made in Iraq” This is about what he needs to make a real impact. I do love the conversation going on in Iraq right now and the diversification and it is a nationwide effort. Walkingstick They used to have 130 trillion dinars in circulation. They tell you now it's 100 trillion dinars - It will be trillions to billions. 130, and now report at 100 trillion is a big clue of the direction of the exchange rate. The 100 trillion dinar they are talking about is the value of the IQD not the number of notes in circulation. The difference is extremely important. The clue is it's going in the right direction of adding purchasing power to the country's currency. Clare Article: "Al-Sudani directs to establish the concept of (Made in Iraq)" Quote: "The Prime Minister pointed the importance of establishing the concept of (Made in Iraq) as it represents a national goal shared by all..." Militia Man They're achieving bonds. They're soaking up money off the street. Here's another sign of the country that is setting the stage for internationalism. They've got bonds to get the hoarded money into circulation. That's another very good telling sign that Iraq is just about ready to open her doors... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq back in TV talking about stability and security saying Iraq have very low external debt and that's good because high external debt causes low credit rating and it can hurt a country's exchange...Alaq also said to us again the dinar would return to the 'glory days' of the past. FRANK: Doesn't get any better than that. These are the people we want to hear from and these words coming out of their mouth? This is exactly what we want our ears to hear form them.
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Tuesday Early Afternoon Opinions @ 2:27 PM MDT - 11/05/2024
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 Walkingstick [Iraq bank friend Aki update] Aki, where is he at? Michigan. What's he doing? Taking care of a bank. Also taking care of over 90 currency centers around Michigan. Why? Because of the Arab population in Michigan. It's massive. It's probably the largest of all the 50 states. That's why Aki has his bank there. Clare Article: "Iraqi Priest Prays for Trump’s Victory: Calls on God to Send a Strong Leader to Protect Persecuted Christians and Bring Peace to the Middle East" Quote "In a heartfelt prayer on the eve of the U.S. presidential election, an Iraqi priest publicly appealed for divine intervention, asking the Lord to bring a strong leader to the United States - one who would protect persecuted Christians across the globe, particularly in the Middle East."- 3 replies
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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 [Iraq boots-on-the-ground report] FIREFLY: These exchange centers, they are dealing in dinars right now. What they're doing is taking in the old three zero notes that we citizens have been holding on to for years, and putting that into the electronic platform. We have paper to show us what we have in the bank. It's the new electronic system. FRANK: The reason for it is because those numbers at a flip of a switch will be recalculated with the new exchange rate and credited to the citizens of Iraq. Dinar mattresses, you know very well what this means. The fact that they found a way to bring them in is just fantastic news. This just speeds it up. MarkZ Article: “Deputy: Smuggling of oil derivatives has shrunk by 80% in Iraq” This is also about the pending approval of the HCL. It is also about securing the borders. I think it is huge. They are securing the financial borders in Iraq. I was always told this would occur right before the revaluation. Mnt Goat ...when you go to the bank to exchange the US Treasury is going to fund the initial exchange for the bank. It is all electronic...The US Treasury will own then own dinar. These banks will then turn a profit with the US Treasury for being the broker in the exchange. It will benefit them to collect as much of the 3 zero notes as possible...The US Treasury will keep a certain amount of the three zero notes for inter-banking and global trade with Iraq... Iraq has already guaranteed oil credits at so much a barrel...The US Treasury fully intends to also sell these oil credits at a profit margin to other countries needing the Iraq oil. I have asked my CBI contact multiple times on the fixed credit rate and I got varied amounts from $30 – 35 a barrel. So, it is not like Iraq has to shell out trillions back to the US to cover the cost of the funds for the exchanges... MarkZ Question: No matter who wins in the election…do you still think they will release the RV? Mark: None of my sources think that this is going to go wrong. They will be waiting for the announcement then RV things are all going to rip forward. So much does seem to be waiting on the outcome of this election. But I continue to hear positive things...Iraq is moving forward with or without this election. They have paved the road and done their due diligence. I very much expect the announcement of Iraq and the WTO full membership ascension no later than sometime in December.
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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: "Shiite faction: Iraqi government will not allow Iran to use its territory to target Israel" Quote: "...The Iraqi government will not allow Iran to use Iraqi territory as a launching pad for any attack targeting Israel...According to the American newspaper, The Wall Street Journal, the Iranian plan for responding to Israel includes stronger warheads and other weapons, and that it may target Israeli military facilities more aggressively than the previous time." See Full Article: Shiite faction: Iraqi government will not allow Iran to use its territory to target Israel - 11/04/2024 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some new financial guru here saying the new hybrid monetary plan will bring more alliance on the dinar instead of the dollar restrictions. Saying it will make the dinar a base currency and a base currency is the main currency in a group of currencies that are traded in the international Forex... He's saying they are going on Forex soon. FRANK: When they talk to you about a base currency, they are trying to tell you your nation will become a financial central hub with many currencies coming in from around the world that will play an important part in the international float of the Iraqi dinar in order to reach the real effective exchange rate. Forex is but one example of how they will do this.
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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 These [new exchange] centers were established because many Iraqi banks inside of Iraq were operating and acting outside of the CBI laws. So Sudani shut them [bad banks] down. ...Sudani all of a sudden started to reopen most, if not all, of the banks that he had shut down. Why? Because he controls the monetary reform. Sudani is the boss of the monetary reform with no interference from thievery, profiteering from political people like it always was. Militia Man They're not using the dinar today yet that we know of on the Forex. But what they're saying is to my understanding is as of the 15th to 18th of October, they're getting ready to use domestic currency to support the exchange rate peg, domestic liquidity management. I hope you guys understand that...because this is pretty powerful stuff coming from the CBI. Henig [See Dearborn Michigan Article from 11-2-2024 below] Article: "Expert: Trump promised voters to end Iranian influence in Iraq. The Iraqi community will decide the elections" Quote: "He said the Iraqi community in Michigan will determine who wins the U.S. election. US affairs expert, Kato Saadallah, revealed a promise from US presidential candidate Donald Trump to his voters to end Iranian influence in Iraq, expecting the Iraqi community to elect him against the other candidate, Kamala Harris, and determine the winner of the elections." [Note: Regardless who you vote for, cast your vote tomorrow.] 11-2-2024 [In reference Guru Walkingstick's Iraqi Bank manager friend in Dearborn Michigan] AP Article: "Trump meets with Arab Americans in Dearborn, Michigan, but top community leaders skipped the event" Quote: "Donald Trump on Friday met with Arab Americans in Dearborn, Michigan — the nation’s largest Arab-majority city...Metro Detroit is home to the nation’s largest concentration of Arab Americans, with a large chunk of them living in Dearborn." [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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is saying now the currency auctions were a mistake and the dinar should be link to a basket of currencies. They say it's the best thing for our economy. FRANK: This monetary reform education is off the hook isn't it?! They're telling them constantly. It won't stop! Mnt Goat Article: "AL-ALAQ: THE VOLUME OF CURRENCY IN CIRCULATION EXCEEDS 100 TRILLION DINARS" Quote: “Today, we have more than 100 trillion dinars in circulation (issued currency), not all of the money supply, and reserves of more than 100 billion dollars, which means that the Central Bank has achieved an important basis for monetary stability,” explaining that “inflation is the basic measure of the Central Bank’s ability to perform its mission and basic function. It is less than 3.8%, which is considered a typical percentage that actually achieves stability and prosperity.”
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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: "Al-Sudani: $100 billion is the size of investment opportunities in Iraq" Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani confirmed that the investment opportunities available in Iraq exceeded $100 billion in value, pointing to the expansion of economic cooperation between Iraq and Egypt." Pimpy Article: "Credit Bank of Iraq achieves a profit of 20.4 billion dinars" This article is definitely a very good one for those of us who are invested in the Iraqi Stock Exchange. I only anticipate the bank stocks going up more and more. They might be some of the fastest growing stocks in Iraq. The reason for that is because they keep expanding on the banks, putting them through reform. All that's going to do is drive up the value of the stocks... MarkZ In Iraq Article: "Parliamentary Finance sets the date for the 2025 budget to reach parliament” Very early next year. This is curious to me but think they may be avoiding releasing it until after they have the rate change and exchanges…so strangely enough this fits in very well to what I am hearing. That they need to get the rate change done soon. They need to change rates and do everything they need to do before approving that budget. Sandy Ingram [Reference Sandy's WTO post from 3-22-2024] What is the WTO and why does it matter? The World Trade Organization is an international group that helps countries trade with each other fairly and efficiently. Joining the World Trade Organization will help Iraq grow its economy by making it easier to buy and sell good with other countries.
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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 [Iraq boots-on-the-ground report] FIREFLY: TV says the recommendations for Ernst and Young about banking reforms will be approved by the council of Ministers to proceed with the banking reforms. FRANK: Ernst and Young are playing a very important part in the Monetary Reform process with the CBI and United States Treasury. Their involvement is very deep. To see this report from them once again tells me we are running out of time... Samson Article: "Blinken in the Middle East next Tuesday" Quote: "US Secretary of State Anthony Blinken will arrive in the Middle East next Tuesday, on a new tour" Militia Man You have Al-Sudani calling on the House of Representatives to vote in their president. The optics of them having 3 presidencies available all at the same time when/if...they revalue their currency is a pretty big deal. The optics would really look good globally. You got a strong foundation: security and stability at the borders, knocking on the door of the WTO, the TIR contract they signed days ago, and international agreements. Everything is gearing up for what? Iraq going international. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy wants you to know the opening of these cash deposit centers that Sudani is bringing in with the CBI are a start of collecting and a start of the deletion of the zero notes. It gives us an avenue to trade in the notes instead of clogging up our regular banks. FRANK: These currency centers have been licensed by the CBI, Sudani and the US Treasury in the last few weeks. Things are moving very fast for you citizens to receive your monetary reform.
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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 What are we waiting for? We're waiting for Alaq to make an announcement I believe in some shape or form. It's going to be his job. He's the Central Bank of Iraq governor. Frank26 [Banks] know better than to keep lying to you. They're not going to admit anything but they're not going to lie to you anymore and say it's a scam because that was a flat out lie...The atmosphere in the banks [has changed], stop telling them it's a scam. Samson Article: "Washington: We support the economic reform agenda in Iraq, including updating the budget and enhancing transparency"
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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 Mnt Goat Article: “TRADE BANK OF IRAQ ANNOUNCES THE IMMINENT OPENING OF A CASH DEPOSIT CENTER IN KARKH” I would definitely call it a “WOW!” article. So why am I excited today when I read this article? They are now in the beginning stages of setting up these “cash centers” specific to collecting the stashed and hoards of dinars outside the banking system... this center receives all cash deposits only for all customers. [Post 1] Mnt Goat Remember...the CBI needs to shrink the monetary mass by two-thirds (2/3). It appears they are now beginning to bring in their hard currency to the banks for deposit. I was told [by my CBI contact] that this process is part of the Project to Delete the Zeros and her committee is now working with the banks to retrieve this hard currency. The Project to Delete the Zeros has begun... WOW! WOW! WOW! [Post 2] Good Morning DV...Be Blessed today...! 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: "Al-Sudani: All I aspire to is to serve the Iraqis" Quote: "We are turning into a promising country that represents a cornerstone in the stability of the Middle East, he said, adding, Iraq and the United States are bound by the Strategic Framework Agreement in 2008, and we are working to activate it. He stressed that the Iraqi people are currently living in a state of hope and optimism." Militia Man I truly believe one of their agendas in sustainable development is revaluing the Iraqi currency. Sudani stated many time, be careful Iraq, Iraq is stronger than the dollar; they're going to be (as hammered at home) somewhat of the savior of the global financial system. How are you going to do that at 1310 when you never did it before? Obviously they're going to do something completely different. Frank26 Question: "What's the process of the new rate going live on Forex?" The CBI, when they officially announce it to the world at the same moment those words are coming out of their mouth, then they push a button that sends the official rate all over the world, not just to currency exchanges but to banks, to reserves, to those that need the information...
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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 Question: "What does it mean to you when they say 'In the coming days' the Iraqi citizens?" IMO that means now. Question: "They've used that phrase before haven't they?" Yes but not surrounded by all the information that they're giving to the Iraq citizens about the monetary reform on a daily basis. 'In the coming days', yeah, now. In the coming days, very quickly, now. Militia Man Article: "The Minister of Finance stresses the need to adhere to the timetables to achieve economic reforms" This cooperation goes far beyond Iraqs borders. The World Bank, the IMF, the Bank of International Settlements, the WTO, United States Treasury, etc - all have reached agreements with respect to Iraqs reforms and sustainability towards economic growth. It shows the aforementioned entities know what Iraq's reforms will mean to the world and the impacts it will likely bring to many nations of the world..! They are now openly making sure they are on record in saying so..
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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 raises gold reserves to 152.6 tons, according to the World Gold Council” Quote: "Iraq’s gold reserves increased by 4 tons in the past two months, reaching 152.6 tons, according to a report issued by the World Gold Council. This increase places Iraq in 29th place globally among 100 countries in gold reserves, according to last month’s data." Pimpy I was expecting it to go up in increments over time and it's not working out that way because they were really moving in the right direction. Things were going really good but obviously everything went to hell in the hand basket. Samson Article: "Parliamentary Finance: The Prime Minister has a real will to boost non-oil revenues"
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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 The council of Ministers, who we've been talking about a lot have been in the news with Al Sudani. He had two COM meetings in one day, which is unheard of...You can see where this is headed ... What they're painting a picture of is Iraq is imminently going into the international world. MarkZ Article: “Iraq is the third largest Arab Nation with gold holdings” Iraq’s possession of gold has reached 152 tons. Let’s think about the values of other currencies in the region…like Jordan and Kuwait…Iraq is trouncing most of them in resources, physical gold, etc… Iraq is making their case to support their higher value. And Iraq is diversifying with non oil revenues to support their currency. This is for safety and stability. Dr. Shabibi always said that if Iraq was safe and stable...he would give them a more valuable dinar. Iraq is one of the most safe and stable countries in the region and they are working hard at it. Mnt Goat I have to start off with...some really good news, actually some WOW! WOW! WOW! news that we can see the path now, and very clearly. So, finally we get word that Iraq has met all it requirements to join the World Trade Organization (WTO). This DOES NOT make the RV imminent, all these recent activities and events matter and the RV is a “by product” of all these events not a singular event in itself. The view is now in sight and the writing is on the wall. So much on the wall that I do not believe anything is going to stop it short of a major disaster.
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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 government completes the file to join the WTO" Quote: "Iraq has fulfilled all the requirements for joining the organization, through a package of legislation and laws currently being discussed to reform the current legal system to be in line with the requirements and controls of the international organization, such as coordinated trade policies throughout the country, including tariff rates and customs procedures." MarkZ If you follow most of their math on the REER (Real Effective Exchange Rate), the worst case scenario or bare minimum it could possibly be is .76 cents. What we are expecting is in the high $3 range or low $4 range which makes the most economic sense. I am still being told to expect higher than that.
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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 Wolverine The digital banking system in Iraq has been spreading salaries for three days. Digital banking system is working now in Iraq. The rate can change any moment from now. Militia Man Changes are coming and it's coming fast. You should be very happy about it. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on TV saying digital banking is the next stage for the digital transformation FRANK: Yeah, give us the new exchange rate so it can move...If they weren't about to do that why in the world would they teach you all of this information right now? FIREFLY: Yes...it's a good point. My bank friend even told me that all this information if for us not to miss out on the monetary reform. MarkZ Article: “Sudanese consultant: Digital Transformation will enhance Iraq’s efficiency and attract foreign investments” They are bringing in billions in international investments. These big investors would not be investing billions of dollars in some backwater country with a useless currency. It wouldn’t be happening.
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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: ”One of the most prominent dollar speculators was arrested in Ramadi" Newshound Guru Militia Man The market economy is coming together, the World Bank is addressing Iraq is moving toward a market economy. That means at some point, could be any day, any time, they're going to have to go into the international world.. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy Mr. Sammy still thinks maybe by the end of the year...but he's hoping November now. FRANK: My position has not changed...We feel this will be done this year...The evidence, action, mechanism that is needed for the new exchange rate and the lower notes to be introduced will all occur this year... Mnt Goat ...the dinar is not going to change in value IN THE COUNTRY OF IRAQ as a result of the project to delete the zeros. No one in Iraq is going to get rich off this swap out. So when we exchange, OUTSIDE of Iraq, we exchange our dinar we will get the rate of exchange for our OWN COUNTRY according to the exchange rate. The banks are going to be VERY strict on this.
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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 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy...from what he's gathering and hearing in the rumor mill the currency swap out will be in November...But it's not official. He's not speaking for the bank. But what he's hearing, he's thinking this is pretty good. Mnt Goat Prime Minister Mohammed Shia al-Sudani confirmed from New York that the currency sale window will close at the end of this year, while revealing the government’s intention to establish a new bank that adopts the latest technologies. WOW! WOW! We have been waiting for this for decades. Now it Is reality. Finally!! Yada Article: "- The Central Bank of Iraq launched its financial transfers to Turkey in the euro currency." This means the business with Turkey, primarily the pipeline that was halted in March of 23 due to illegal usage is now opening back up with transfers in Euros. Add this to the Iraqis receiving their salaries from Jan 24 to Aug 24, we are in for great celebration with the rate release. IMO
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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 MarkZ [via PDK] There is some good stuff out of Iraq today. Article: “Parliamentary conquest reveals an agreement to pass two controversial laws today” this is very important news. This is the personal status law and the Return of real estate to its owners covered by some decisions of the dissolved revolutionary command council law. These are settlements for other things that we were told we would see right before they do the dinar change in value. For me this is huge. To me this shows us how close we are. Frank26 [Iraq boots-on-the-ground report] FIREFLY: On the news Alaq came in and talked again about the deletion of the three zeros and he said we have a process to enhance the dinar. He was explaining how they are going delete the three zeros and add value...Then this idiot comes on TV and he says to us dropping the zeros will not lead to a value increase. He's just a fool that hates this is happening. That's all Alaq talked about, again saying it's under constant review. FRANK: As far as the guy that comes out and says this is not good, that's it's negative; this is not being sent to you by Sudani. Don't pay attention to them. Only pay attention to your true leader Sudani. Mnt Goat Prime Minister Mohammed Shia al-Sudani expressed, on Thursday, Iraq’s readiness to enter into a partnership with American companies in the oil industry sector, revealing at the same time his government’s intention to establish a new Iraqi bank. This came during his participation in New York...can the news get any better? Finally the US is engaging Iraq and seriously taking on partnerships, especially in the energy sector. So we know if the US is invested in Iraq something is up.
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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 Mnt Goat I am telling you that I know with 1000% certainty we will NOT see the RV until after the Nov 5th voting. In a conversation with my CBI contact on Saturday I was told that if all goes well in the US elections, we can expect to see the preparation gearing to the reinstatement by the start of the project to delete the zeros and the swap out of the larger notes for the smaller denominations. I was told this is now planned to begin shortly after the voting is over and the winners are announced. I was told we might have to wait for the inauguration ceremony to conclude to see the reinstatement occur. MarkZ Article: “Erbil: Iraq has become a suitable environment due to security and political stabllity“ They said this today. What did Shabibi say? Give me security and stability and we will raise the value.
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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 As you're aware Iraq has some issues with protesters charging the US Embassy. I'm glad it has not escalated. Iraq has been doing a great job about staying out of all these little conflicts. We don't want them to get involved in these conflicts. They need to stay on a straight and narrow. They've been doing a great job of this. Let's hope that continues. This would be good for both the dinar as well as the stocks. MarkZ Article: “Finance Committee: Discussion of 2025 budget tables will begin next month” That is November. Why is that important? The rate. They are still settling out 2024 and 2025; now suddenly they are going to be ready for 2025 and its tables? I believe this tells us we will soon have a rate in order for them to fix those tables.
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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 Community Comment: Article: "The US Embassy in Iraq is under siege I’m old enough to remember the last time a middle eastern embassy was under siege with a weak president...I hope this ends better...Pray for US personnel in Iraq" Not good..!
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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 Pretty much everything happening right now, along with Sudani being in the UN, everything has to do with Iraq going international... MarkZ Deleted his outrageous & untrue rumor. Clare Article: "Iraq presents to US Treasury date for abandoning currency auction" Quote: "The Prime Minister informed Mohammed Shia Al-Sudani, US Treasury Department, keeps only 5% of remittances Foreign It is not done through the electronic platform, and it will be completed by the end of this year"
