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Good Evening DV, here's an opinion & comment that might be of interest to you. 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 *** Delta *** Article: "Iran begins deleting zeros from its currency and a new banknote" [Q? : Delta, Could you clarify what significance this article has on our investment.] TIMING...SOME COUNTRIES WILL DEVALUE SOME WILL RV...IMOO.
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Good Morning DV, here's an opinion & comment that might be of interest to you. 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 *** Jeff *** Article: "With a value of 21 trillion dinars to pay salaries and expenses...an early date for the passage of the borrowing law" the borrowing law is the last thing we're waiting for for them to change the rate. They can change the rate anytime after they complete this borrowing law...they're tentatively telling us they want to do the second reading on Thursday. Article "Prime Minister Spokesman: To vote on the borrowing law next Thursday" that's this Thursday...there are two articles suggesting to us they're trying to do the second reading this Thursday...after they do the second reading this week we're looking for the 3rd and final reading of the borrowing law on Saturday November 21st and then they can change the rate anytime after that.
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. 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 *** Jeff I want to bring some common sense into this...Iraq is gonna be and will continue to push forward on their borrowing law. That is the last thing we are waiting for...they're set to do the second reading next Monday of next week... after they do the 3rd reading which will be Saturday November 21st...they can change the rate at any point in time... *** Mnt Goat Article: "IRAQ ADOPTED THE WHITE PAPER OCTOBER 2020 FOR ECONOMIC REFORM" ...two of the pillars of reform out of the White Papers...include: 1) REVIEWING THE CURRENT EXCHANGE RATE OF THE DOLLAR AGAINST THE DINAR; 2) Establishing new trading markets, such as a commodity market AND A CURRENCY EXCHANGE MARKET (FOREX). So now there is no more guessing game as what is in these White Papers that we are mostly concerned about. Their intentions are spelled out...all I can is WOW! Here it is in black and white for us to read. *** Jeff I know a lot of you guys keep kind of shooting your options out in the background saying 'Oh, if Biden gets in, this is never gonna happen.' Bull crap! Iraq is not stopping. Iraq is continuing to push forward. The U.S. elections will have no impact on this at all...in Iraq life is moving forward as normal regardless of the elections...stay focused on Iraq. Don't focus on our political mess...
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Good Morning Dinar Vets, here's an opinion & comment that might be of interest to you. 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: "AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK" Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for...there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT..! When the CBI speaks, I listen..!
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. 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 *** Kaperoni *** ...the central bank has to follow strict monetary policies. Any growth of the Iraqi dinar will be based on the success of Iraq's economy. *** Austin-Powers *** Article: "A Source Confirms: The Continuation Of The Suspension Of Employee Salaries For 10 Months" Quote: "An official source in the Ministry of Finance stated, on Sunday, that instructions were issued not to disburse any check for salaries of state departments." Bingo! We have finally hit the Schwerpunkt of this whole process. They are forcing action instead of promising that the salaries will be "Next week." The article basically was telling the citizens "You ain't getting paid." Nobody in their right mind would put that article out under normal circumstances. It would lead to rioting. It also broke a pattern, which means it needs to be replaced with another pattern. They are telling the citizens, in an indirect way, they are going to get paid electronically and that everything is about to change. There is no going back.
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*** MilitiaMan *** Article: "The Egyptian Prime Minister arrives in Baghdad tomorrow to sign "important agreements" ...sounds to be like there has or will be energy deals plus much more that require hard currency with strength to it. The IQD at the moment as we know is at a program rate, that doesn't fit the mold. Is that about to change, the citizens surely think so. I see this meeting as very timely and very well placed...Imo We are in a very good place...Imo..!
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. 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 ***Delta Article: "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...this one is confirming exactly what all of us have been saying for so many years...she basically let the cat out of the bag which is we know it's coming...this article is very telling...this guy [woman] is making it crystal clear that...We cannot devalue...because we have a contract with the IMF...and we cannot do that because it's going to collapse Iraq...they are about to do something with the currency to go internationally...a beautiful article...(Post 1 of 2)... *** Delta She's saying no more sanctions number one. Number two is all the sanctions they had imposed on their currency it's lifted. So now it's just a matter of announcing the new rate - The one that is recognizable tradable...definitely this is more and more confirmation that something is up. Of course we don't know exactly the time frame but we know that something is up...this article you have to reread it 3, 4, 5 times because the 1st time you're gonna say huh? Then the 2nd time you read it is gonna shock you. And then the 3rd time is gonna knock you off to the floor..!...(Post 2 of 2)..
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. 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 spokesman: More than 25 officials are behind bars" Al-Kazemi is no joke. When he is draining the Iraqi swamp he is draining the swamp...quote "25 officials in addition to the corrupt whales [Super wealthy individuals] are under bars and under investigation during the first 2 months of al-Kazemi's government." This is what I'm talking about man. Making these kinds of moves. Let's show the world that you're capable of handling the corruption. I love this news...this is gonna look really good in the eyes of the international community...Al-Kazemi...seems to be the man of the people and I love to see that... *** Mark *** It was an exceptionally quiet weekend with very little news…especially on the banking front. In Iraq this morning...no measurable movement. [Q? : Looking like RV after the election!] I am starting to feel that way. I was expecting a whole lot to happen this weekend that did not. Seven days and 14 hours until election day. If I hear anything worth sharing I will...but, at this point I am not anticipating anything earth shattering.
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Good Morning Dinar Vets, here's an opinion & comment that might be of interest to you. 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: "Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" ...we see they speak if printing currency with out "cover". Well "cover" to me may mean a new rate is needed now, as the CBI has not exposed it yet. They printed new notes, not larger triple zero notes...
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Good Evening Dinar Vets, here's a few opinions & comments that might be of interest to you. 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: "Indicators of the dollar war against the Iraqi dinar...The "latent" foreign currency reserve is a good number" I don't know you guys, man they're kind of skirting the edges here on what looks like an announcement of some type of rate change. Now don't quote me to this but they seem to be skirting that border there very carefully...I can understand why people are kind of bouncing around...I don't want to give people false hope. Don't get overly excited...but I do find it very interesting that these so called rumors are being leaked out by parliament. Very very interesting...until there is an official announcement from the central bank just assume all this is just rumors for now...it's exciting... *** Mark *** ...Most of my banking centers have been very, very quiet…especially IRAQ. I cannot get anything from there. I have reached out to many contacts with no response. I am hoping and praying that is a positive thing. The article in Iraq parliament was supposed to be voted on Saturday in a closed session and I cannot find out what happened…They are dead silent in the sandbox. Not much out there today ... Be Blessed ... RON
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. 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 ***...the reform papers have been submitted for review. Not implementation. They're telling you they need to review it and then prepare a presentation to give to parliament...so now they have the paperwork. They need to review it before they present it to parliament. I have a strange feeling that this presentation might not happen until after the elections. That has nothing to do with whether or not they're going to do anything about the exchange rate...if they wanted to for whatever reason they can change the exchange rate without the white papers or reform papers being implemented ...their number 1 goal right now is to focus on early elections... *** Jeff ***...Article: "In details ... Al-Kazemi's white paper reaches the Iraqi Parliament" Quote: "a parliamentary source said that the government reform paper had reached the Iraqi parliament for a vote." ...the odds are parliament will not be allowed to start the approval process of the reforms until Sunday the 18th at the earliest. Watch their patterns...the reforms you know for a fact are married to the rate change. *** Frank26 *** [Iraqi citizens]...please go to the banks. I actually thought they were going to tell you this last Thursday. Yeah, to go to the banks. Maybe this week? Maybe next week. But the thing though, Iraqi citizens, you know they are about to call you into the banks. And you know IMO what they are going to show you. You're all excited about it. The monetary reform is at a stage right now where it must succeed with the Iraqi citizens. This is the final step of the monetary reform...citizens they are about to to come into the banks of Iraq. What they are going to do is show you these big blown up picture of the new currency...
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Good Morning Dinar Vets, here's a few opinions & comments that might be of interest to you. 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 *** Ray *** The CBI governor and the Finance Minister had a meeting today and agreed to send the White Papers with the economic reforms to Parliament on Tuesday. *** Mnt Goat *** Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
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Good Morning Dinar Vets, here's an article & comment by Pimpy that might be of interest to you. 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: "100 U.S. Dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers" That would be a 1 for 1 exchange rate...it looks like what she's saying...is they want to improve the value of the currency so that they could do the lop and then turn the exchange to one to one. What does that mean? For every 100,000 dinars would be worth a hundred dinars...lopping off the three zeros is once again the talk of the town...for you newbies that's a very bad situation if they do that. So for every hundred thousand dollars they would reduce it down to a thousand dollars and then give you a one for one exchange. So you would get a 1000 for every 100,000...I don't think they're going to lop the zeros off. I don't think they can afford to.