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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... RON *** Samson Article: "American Institute: The world is moving towards not recognizing the Iraqi diplomatic passport" Quote: "the Geneva Convention granted the right to every state participating in the United Nations to issue 1,000 diplomatic passports for every 100 million of its population...Japan, with a population of 125 million, issued only 1,000 diplomatic passports...Iraq...forty million people, has issued...15,000 passports...many problems contributed to the spread of Iraqi diplomatic passports, most notably the bubble of political elites in Iraq, waste and corruption..." *** MilitiaMan We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq's oil revenues. Add in the Natural Gas deals? You get the picture. The new notes expected will be supported by all that aforementioned and the private sector once the re [RI?] construction process begins...we know what the CBI is about to do, or they wouldn't be talking about deleting the three zeros from the exchange rate now would they? *** Frank26 When the new small category notes come out there's going to be a 1, 5, 10, and 20 dinar...and a 50 and 100...later the fils will come out. This [new] 20K is a 3 zero note that is educating the citizens of Iraq of their currency changing right before their eyes. This had to happen...
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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... RON *** Clare Article: "After reaching international forums, the Iraqi company TNFX obtains a global license" Quote: "The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies" COPIED FROM TNFK WEBSITE: TNFX is an ECN forex broker serving both individual and corporate clients. We offer our clients a comprehensive range of trading tools, technical support, and advisory services with the aim of making the trading process efficient, hassle-free, risk-free, and above all profitable for the client from new account registration to funds withdrawal. *** Mark [ Q? : I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.
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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... RON *** MilitiaMan Article: "Ports announce the completion of their electronic procedures for exempted goods" The completion of the last link means to me they are fully ready for what is expected. They go international the coffers will fill quickly, aside from the oil revenues!!!..imo. No coincidences with respect to timing.. *** Frank26 Article: "The Central Bank announces the achievement of the largest cash reserve in its history" AGAIN THE CBI TALKS ABOUT ITS CASH RESERVES, WHY?... BECAUSE IT IS PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS. And now for some outrageous BS from Mark... *** Mark This morning Charlie Ward gave me a call to verify some of the intel he was hearing as well…this was coming from QFS contacts. They are all looking for notifications on Monday or Tuesday …with great activity over the weekend. I am hearing the exact same thing. I am praying this is going to be accurate. There are a lot of things coming in the real world news that definitely points to a massive event very early in the week or over the weekend...Just remember if there telling us a date…it could come sooner.
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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... RON *** Pimpy Until this issue with the political parties is resolved...The president and the prime minister are selected and the government is formed you're not going to see any changes to the Iraqi dinar. And no this isn't fake news. This is news coming out of Iraq. *** Frank26 Why are they printing another 3-zero note? When you look at it from the outside in, yeah it is rather confusing...the 20K's #1 priority is to suck in as many 3-zero notes as possible...a 20K note makes more sense than a 25K note especially when deleting the zeros ...IMO the CBI is prepared to educate the citizens on monetary reform. IMO these 20Ks were printed long time ago... *** Michael Cottrell I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate. *** Samson Article: "The Central Bank announces the achievement of the largest cash reserve in its history" Quote: "The Central Bank's reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq's reserves reach...the Iraqi currency is very strong because the reserves constitute 130 percent of the source of circulation from the funds in banks and others." *** Militiaman Article: "Economist: Going to print a currency of 20 thousand dinars will cost Iraq a lot of money" There has already been allocations of large sums of money to print new currency issuance and it has been recorded and expensed by the CBI in 2018 era. At this juncture in time, there is no reason to print something that has no real effective utility, imo... They already have 100k and 50k notes for internal use for large transactions. *** Kaperoni There are several news articles regarding the central bank reserves reaching 87 billion, and discussion on the new 20,000 dinar note. *** NORV [aka Guru Kaperoni ] The good news is they are not going to implement delete zeros..."there was a proposal to delete the zeros from the dinar, but it was not implemented." The dinar is getting stronger and the very reason they will NOT delete zeros. The dinar value will naturally rise as the economy grows.
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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... RON *** Samson Article: "Karbala Refinery.. Unprecedented Iraqi oil production reduces 70% of gasoline imports" Quote: "the Karbala refinery, which opened yesterday, will reduce Iraq's import of gasoline by 70%, while they indicated that the completion of the development of the country's refineries will lead to a surplus to be exported abroad." *** Kaperoni Yes, Iraq will float the dinar but it won't float until they diversify away from oil and create a private sector market economy and begin to prosper. *** Pimpy We're absolutely positively not going to see any exchange rate change happen in the near future. Somebody posted... that the news was fake and that's not really what's going on over there in Iraq...they're just lying to us. This isn't fake news. There's civil unrest over there in Iraq. You have Turkey bombing a region in Kurdistan. You have Iran bombing a region in Kurdistan. You have protesters rising up in both Iraq and Iran... *** Mark I know some of you are concerned when they talk about removing the zeros… when they talk about removing zeros they have to RV first. And that is very exciting. ...Then a large bill is not useful. Dr. Shabibi (former governor of the CBI)...is the person that designed the plan. The plan has not changed. There is a revaluation. [post 1 of 2] *** Mark The removal of the large 3 zero bills from the market...Say that you have a 25,000 note. Example… say the rate is $1.00 (for illustration purposes) and one dinar equals one US dollar. Suddenly that $25K note is worth $25,000 thousand US dollars. Now it’s too big for day to day commerce...So they will give you a period of time when these bills are accepted…you turn them in and get the new lower denomination notes that will be usable in day to day commerce...it does not mean they chop off the zeros and that note is now only worth $25 dollars. That is not how it works. [post 2 of 2] *** Frank26 Question: "Did you see the governor of the CBI said there is no need to change the exchange rate against the dollar?" He's right. "What? I thought you said they were going to be changing the exchange rate based on everything you're seeing and everything that they're saying...?" The major problem comes in translation...the other problem is the media is lousy and as fake as it can get...it's very rare to get someone to tell you the truth. [Post 1 of 2] *** Frank26 IMO there is no reason to do a rate change. They already did it on the second set of books...that the international world...the IMF...the World Bank...the U.S. Treasury knows about. Every central bank in the world probably know about by now. But there is a great need to change the currencies of the CBI just before they introduce a new rate for the IQD...and a new currency to match mathematically the new exchange rate of the IQD. [Post 2 of 2] *** MilitiaMan We are waiting on a calm atmosphere. Today's vote of confidence for Halbousi may have been just the calm we needed...The CBI too, can calm markets. That is a part of their job. To delete the three zeros from the exchange rate is directly related to the economy and market prices within the country. The result of deleting the zeros will calm the people and the markets, thus, the investors too... *** Samson Article: "The Sovereignty Alliance congratulates the renewal of confidence in Muhammad Al-Halbousi as Speaker of Parliament" Quote: "The renewal of confidence in Mr. Al-Halbousi represents a true expression of the state of national consensus to move forward in building and developing Iraq, enhancing its stability, ensuring its security, and moving towards establishing the foundations of reconciliation, understanding and peaceful coexistence among its components." *** Mnt Goat Q? : What does Al-Kazemi support as prime minister? Remember that the White Paper is his baby. He helped put that document together and plans to fully implement it. Within it is our reinstatement back to FOREX. Kazemi is only in a “temporary” status as prime minister...If Kazemi is voted in as prime minister this time it would be a permanent 4-year assignment and Kazemi intends to “clean house” from this corruption. He used to be head of security for Iraq, so he knows of all the bad guys and what they have been doing to Iraq...
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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... RON *** Samson Article: "Governor: The Central Bank has played a major role in revitalizing the Iraqi economy over the past years" Quote: "The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed...the banking sector in Iraq is looking forward to increasing cooperation with the banking sectors in other countries and exchanging experiences between them in a way that serves both sides" *** Walkingstick When Iraqi citizens go to a satellite bank here in the United States they will have their three zero notes they will be exchanged for American dollars. They will have a windfall compared to the citizens that live inside of Iraq ...so they're not going to get any new small category notes? Not in the United State. They're going to get American dollars. Q? : At the new rate? Yes..! My interpretation of opening Iraqi banks worldwide is to get as many of the IQD back while the rate is still 1460, before they increase the exchange rate. Think about it - it's a brilliant move, IMHO..! Many people are frustrated and just want to get some of their money back. RON *** Mark Article: “Iraq’s political class must address “crisis of trust” the PM says” A key paragraph says “The change in the exchange rate that we conducted in Iraq was one of the most successful alterations and modifications of the national currency exchange rate models in the world. It happened without serious repercussions..." Guys they are telling us they have DONE this...I think they are keeping it from us and under wraps as it rolls through the banking system…curious timing...We could wake up to a whole new world tomorrow. I think Mark is misinterpreting the statement - I believe it was referring to them lowering the exchange rate to 1460:1 over a year ago. We know we are very close no matter what. *** Nader From The Mid East Nobody's happy about the news from yesterday by the CBI when they come out with this article that they have no intention to change the exchange rate. But I think they're going to change it...they have not choice...they're gonna take all the zeros out. The 20,000 become 20... *** Kaperoni Central Bank of Iraq held a forum... They confirmed if they delete the zeros they require a law from Parliament to authorize. This is a clear indication that deleting the zeros is a neutral event LOP. Your interpretation & opinion Kap - but no proof you're right. Traditional monetary policies do not require Parliament authorization. They also announced the imminent launch of a 20,000 dinar note. This could be used to reduce the money supply or is just filling the need in the market since the dinar has been devalued. *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend feels the only next step is the training completion to the citizens followed by Iraq returning to the rate of the glory days...it just seems the education on deleting the three zeros is only thing needed to be done. FRANK: That is the first time your bank friend has fully opened up to you...the education to the citizens is crucial and that's what the CBI has been doing all year...he knows as soon as these political issues are over with and Kazemi sits his government, we have a new exchange rate... *** Pimpy Article: "The central bank reveals a new denomination of currency and is working on issuing a digital one" Here's what everybody's making a big hoopla about...Two things for us who have invested into the Iraqi dinar. I am concerned about the deleting of the zeros. All that means is that the current value of the currency carries over if they go to a lower denomination. We don't want that. [Post 1 of 2] *** Pimpy My other concern is that it's going to a digital version of the currency...what approach they take on deleting their zeros is going to be very interesting to see...What I think I'm gonna do is look into swapping my 25,000, 50,000 and 10,000 dinars and trying to pick up the 250 dinar...this way if they do the deletion of the zeros I can't imagine it affecting the lower denominations. I might be wrong but we will soon find out. [Post 2 of 2] 9-28-2022 Newshound Guru Samson Article: "The Central Bank intends to issue a banknote of 20 thousand dinars" Quote: "there is a previous project submitted by the Central Bank regarding the process of deleting zeros, noting that this matter needs to legislate a law and this project requires some amendments, and that the pursuit of this law needs to stabilize the situation in the country and the atmosphere must be provided to accept such transactions."
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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... RON *** Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "Iraq's exit from the European Union's list of high-risk countries gives support to the movement of the economy and the financial and banking sector...It is noteworthy that Iraq owns 7 categories of local currency issued by the Central Bank of Iraq are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10,000 dinars, 25000 dinars, and 50,000 dinars)." [Note: The new proposed note is a 20K denomination] *** Mark The chatter coming out of Iraq makes it clear what is happening. Article: “Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere” Their goal is to change that value...deleting the zeros means the dinar goes up in value so you no longer need the big bills. …2 years ago they came out with what they called the I-Dinar. This was their pilot program for this and the I-Dinar was to be a gold-backed digital currency. Then you have the polymer notes that represent the digital asset that is backed by gold. They have talked about this at length and now here we are watching it play out in today’s news. This is a big piece of information for us. [post 1 of 2] *** Mark You can hang your hat on it that we are very, very close. For those that were panicking and thinking we were not going to go until January…If they are telling you January…they are going to go sooner than that...Remember Kuwait …they came out...and said they were not going to revalue for another 3-6 months…maybe 6-9 months…then they RV’d that very afternoon...we have seen so much in history that we know what they are doing. They are openly talking about a date. You know they have to do it before the dates they are talking about. BAM- that is something to be excited about. [post 2 of 2] *** Mnt Goat Article: "THE CENTRAL BANK INTENDS TO ISSUE A NEW DENOMINATION OF THE IRAQI CURRENCY" This is one of those WOW articles... This is good news and this is bad news. Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of ever popular the 25,000 note. This is a very good sign they are slowly moving to lower denominations but not fast enough as we want. Why not just follow the economists and go 1:1 and save all this money of a new note? Issue the lower denominations instead. There is talk that this new note may not happen under pressure by the IMF to complete the project to delete the zeros instead and issue the lower denominations. *** Sandy Ingram Article: "Iraq and the European Union.. Joint program in 5 sectors" The European Union confirmed on funding its quest to achieve decentralization in Iraq...European Union representatives [Barbara Iker]...pointed out Iraq has a huge oil wealth and on the other hand the people in all areas are playing catch up for basic service... Decentralization simply means that there is a substantial sharing of power, authority, financial resources and political support among federal, and local governments.
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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... RON *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They showed an economist today being interviewed saying the government can control the currency auctions by making the dinar equal to the dollar or close to it...they say watch for government to make this move in the near future to control the currency auction once they sit... FRANK: The reason why the economist is talking to you about the dinar going 1 to 1 internationally is because the CBI already told you that...they told you they were going to go 1 to 1 and float... This seems to conflict with this morning's post..!
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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... RON *** Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "the Governor of the Bank, Mustafa Ghaleb, said, We are working on a new currency, a category of 20 thousand dinars...We will start announcing the new category after completing its requirements...He stressed that there is no intention to reduce or change the exchange rate of the dollar against the Iraqi dinar."
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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... RON *** Samson Article: "Iraq ranks 11th globally and fourth in the Arab world among the cheapest countries in the world at gasoline prices" Quote: "The report indicated that "Venezuela ranked first in the world with the cheapest country in the world for gasoline at a price of 22 cents per liter, followed by Libya at 30 cents, and then Iran came third at 53 cents." He also noted that "the most expensive countries in the world at gasoline prices were Hong Kong at 2.967 per liter, followed by Zimbabwe at $2,750, and then Iceland at $2,270." *** Kaperoni In order for the Iraqi dinar to go up in value Iraqi needs to have a government, have parliament pass the needed legislation to encourage investment, then diversify their economy. As the GDP and the country's economic success grows, so will the dinar. And of course the longer this political stalemate continues the longer it will be will there before there will be any growth in the economy or change in the exchange rate.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 I'm looking forward to the government being announced...if we have a seated government, golly. Let's open up all the private banks around the world for the CBI...and then the dinar would just have to float. It hitches a ride with the dollar at 1 to 1 but then it de-pegs from it and it will determine if it wants to go in a basket at that time or not. I really don't know if they will but they probably will when they mature it to the $3+ range and that won't take long. Everybody wants to take this pretty girl out on a date... *** Samson Article: "Parliamentary Finance: Reconsidering the dollar exchange rate is subject to political auctions" Quote: "Committee member Jamal Cougar told {Euphrates News} that "the issue of reconsidering the dollar exchange rate is not within the competence or powers of the Finance Committee, but it is related to the country's financial policy and therefore it is affiliated with the executive body and from the executive body, and it is an exclusive issue related to the Ministry of Finance and the Central Bank."
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Here's ALL of Sundays Opinions - 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'm excited about the conditions in Iraq right now. They are the most peaceful conditions that I've seen in decades. They are the most cooperative. The most "Kumbaya". The most shoulder to shoulder. I've never seen such leadership coming from Iraq's leaders...They were always stealing from themselves because no body was stopping Iraq from stealing. Corruption spread within the Iraqi officials themselves...Turns out we do have leaders that care...the governor of the CBI, Kazemi the Prime Minister and Sadr...you're gonna find out dozens more that are going to be coming out of the woodwork very soon. *** Samson Article: "An economist explains how to control the currency sale auction" Quote: "the currency sale auction can be controlled through the government's move towards equalizing the value of the dinar with the dollar or making it close to the dinar..." *** Breitling So where people are getting these negative vibes about Iraq - 1. You're wrong. 2. You're probably attaching it to, "I should be driving a Ferari right now." Don't do that because you're clouding your judgement with your feelings...Your timing and what you want has nothing to do with Iraq...If you're dragged down because of...the timing that's one thing but if it's some type of signal to you that the dinar is not going to revalue, you're wrong...I'm still excited about it. It is a very very good thing coming down the road... *** Pimpy Article: "Iran: Iraq will turn into the larger economic market in the region during the next decade" Iraq is the gateway into the Middle East...you can go right into Iraq and it's central to all the other nations that you want to do business with. That makes it the heart of the region...Iraq is going to flourish if they can just get their crap together. *** Sandy Ingram Article: "Iraqi Prime Minister meets with European leaders" Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors... *** Frank26 The next few steps we are looking for is for this government to start taking formation. The next things we will be looking for is in the next two weeks the satellite banks to open up around the world representing the Central Bank of Iraq. And the last thing we'll be looking for is any complications, any barriers...reasons for not having the reforms - from Iran. You can see they have reached the point of desperation. *** Samson Article: "Al-Kazemi arrives in Baghdad from New York" Quote: "On September 19, Al-Kazemi went to New York City, and during this visit he held meetings with a number of world leaders, and participated in the meetings of the United Nations General Assembly in place of the President of the Republic, Barham Salih." -
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 in a fantastic position to tell the international world,'We're article VII. We're international. We don't have any restriction on our currency. You can bring your currency into our banks. Our banks are now modern and ready to go. Nobody is going to touch your money. We protect it...' *** Samson Article: "Embassy of Iraq in Berlin: There is nothing to prevent German companies from investing in Iraq" Quote: The Iraqi ambassador in Berlin "...but there are considerations...He added, The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies' work in Iraq."
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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... RON *** tlm724 Article: "Al-Kazemi: Changing The Dollar Exchange Rate Against The Dinar Is The Most Successful Decision" Quote: "Prime Minister Mustafa Al-Kazemi confirmed that changing the exchange rate of the dollar against the dinar is the most successful decision taken by his government...thanks to the white paper, the Iraqi economy will witness reforms." *** Kaperoni The truth about Iraq is they are no closer to forming a government now than they were a year ago. Maliki refuses to give up power and al-Sadr refuses to give in to Maliki (thank goodness.!) - both of them have equal political control post-election.
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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... RON *** Nader From The Mid East Article: "The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country's cash reserve to reach $100 billion" By December we reach 120 billion. It's gonna be one of the biggest reserves in the world by 2023... *** Frank26 They're constantly almost on a weekly basis telling you we found another oil well. Your whole country sits on oil. You can plant the flag of your country anywhere and oil squirts out.
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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... RON *** Samson Article: "Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion" Quote: "The cash reserve under our government has reached 86 billion dollars, and it is expected to increase to 100 billion dollars. Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world." The $100 Billion was expected to be reached by the end of this year.
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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... RON *** MilitiaMan Article: "France's Total Corporation refuses to complete a $27 billion contract with the National Oil Company" Quote: "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement" This is huge. They refuse the deal with the NOC. They cut a deal instead with MOO (Ministry of Oil).. They have the Total deal sorted prior to leaving to the UN in NYC. They are doing other deals, as they mentioned too.. I will bet that Kahdimi will have much to say tomorrow afternoon... *** Walkingstick [via Frank26] World banks have recognized the IQD as a potential Middle East currency to used to invest in...The Middle East knows what the Iraqi currency is about to do. They know it's potential. They know that they have to use it, to invest in it, to buy with it, to sell with it, to protect it. Wow to the IQD being used! But DOUBLE WOW to see the IQD back in the SDR of the IMF! This is a very big deal...this is a big step to the final step.
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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... RON *** Frank26 Article: "The Central Bank announces international cooperation with Iraqi banks" The Central Bank of Iraq is connected to international banks from around the world because they are about to introduce a new exchange rate. A new currency. A new banking system. A reinstatement of their banking system. We told you they would tell the citizens and they are. *** Walkingstick [via Frank26] When you see the SDR and the IMF walking hand in hand together - oh, buddy! That's not the way it used to be. That is a huge step..! *** Samson Article: "The former president of "SOMO": The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank" Quote: "...all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits." *** Breitling When I look at Iraq it's authority only. What's the banking system doing?Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They're talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line...just follow the policy and you'll be very happy.
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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... RON *** Mnt Goat Article: "THE CENTRAL BANK ANNOUNCES INTERNATIONAL COOPERATION WITH IRAQI BANKS" Quote: "...the Central Bank of Iraq announced a work plan to link and open accounts between Iraqi banks and some international banks." Great News..!!
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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... RON *** Samson Article: "A new parliamentary speech regarding changing the dollar exchange rate" Quote: "Committee member Jamal Cougar told Mawazine News, "The issue of changing or restoring the dollar exchange rate is not within the competence of the Parliamentary Finance Committee, nor its powers. The issue is only related to the state's financial policy, represented by the Ministry of Finance and the Central Bank, and any talk about this is to win over the street only." *** MilitiaMan Article: "What will Al-Kazemi have for Biden during his upcoming visit to Washington?" Kahdimi's speech Friday...This is show time now...They are show casing a leader, not an interim fly by night entity.. No..!! ...It is like the world knows who is to lead them into the future....The citizens of Iraq are getting very impatient, just as you and I are. Again, it is show time.. imo I like where we are and it looks like the final push is upon us..
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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... RON *** Walkingstick Kazemi is having many secret meetings. These meeting are for the monetary reform. It's for the floating of the Iraqi dinar. It's for the opening of new banks. It's for the new currency to leave its country. *** Samson Article: "Al-Kazemi arrives in New York" Quote: "Al-Kazemi arrives in New York: He will meet kings and heads of state and give a speech on Iraq"
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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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real. *** Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government." *** Mark Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. He definitely will not...based on no effective Gov't. and common sense..! But that is what a few of my Fake contacts believe will happen…. We pray that is what happens. *** Pimpy Article: "Iraq ranks 47th among the largest economies in the world." ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
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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... RON *** Nader From The Mid East [Another corrupt official arrest video] There is another one! I told you it's a lot of people are gonna get arrested. A lot of people got arrested already. My friend is sending me these videos. He works with the forces and he's involved and arrests these people...when I said a lot of people are gonna get arrested it's a lot. It's at least hundreds and hundreds of them...Maybe a bit exaggerated, but it would be great if Nader posted the videos..! 9-7-2022 Newshound Guru Kaperoni The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools...👍 *** Pimpy [Q? : What ever happened to the investigation into Maliki? How come we haven't heard anything about it?] Well lo and behold, look what's in the news... Article: "New details about the judicial investigation of the "leaks of al-Maliki" Maliki, if it wasn't for his buddy being a leader of the Supreme Court this man would have been in jail...by now...the article goes on to say that the investigation is still open. It has not been shut. All necessary steps are being taken to assure that the right thing is done... Let's hope so..! *** Frank26 [ Iraq boots-on-the-ground TV report ] FIREFLY: We have the CBI on television promoting their new project saying they are making more efforts to be more transparent with other central banks around the international world. Saying the [CBI governor] wants the world banks to know Iraq is stable and can be trusted and will be transparent. FRANK: The CBI is saying we can be trusted now...We're stable. No one is stealing from us. They won't steal your money come on in.👍
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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... RON *** Samson Article: "Al-Kazemi carries 5 “announced” files to New York, and “Al-Ghad Press” looks at the sixth" Quote: "Al-Kazemi will head a high-ranking ministerial delegation to New York, to participate in the meetings of the United Nations General Assembly...the political crisis in the country will top Al-Kazemi's discussions with world leaders, led by US President Joe Biden" *** Sandy Ingram Article: "21 million Shiites mark Arbaeen in Iraq's Karbala" ...pilgrims are traveling from Iran, Palestine and different parts of the Middle East to an annual religious celebration. This massive celebration is in Kabbalah and is one of the world's largest public gatherings that is held every year in Iraq. Karbala is approximately 55 miles from Baghdad. *** Nader From The Mid East I have the journalist...He has...an Iraqi diplomat who works in Washington. We're going to talk about the exchange rate, the dinar and all that. I'm still organizing it. The guy is really busy so as soon as he gives me the green light I will do it right away... *** Pimpy ...Obviously if the oil prices go up this also affects the value of the Iraqi dinar. No, you're not going to see any real significant jump or increase [In the exchange rate of the dinar] not yet, with the increase of money that will be coming into Iraq it will increase their foreign reserves, they continue to add large amounts of gold (it seems like every month now) which will only do what? Secure the Iraqi dinar. Strengthen it...
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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... RON *** Frank26 Question: "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?" At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore. No.! *** Kaperoni There are really only two options for Iraq. The first one is a redenomination LOP, which is a neutral event and not what we want to occur. The other is to pass laws, create a suitable investment environment and diversify the economy away from oil. Only then the dinar could float..[Post 1 of 2] *** Kaperoni The later is what has been described under the IMF Article IV Consultation from 2013 which is to create the conditions for a suitable investment environment, then float the dinar and allow it to gradually appreciate based on the economic success. But this is going to take time..[Post 2 of 2] *** Samson Article: "Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%" Quote: "...the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% from the year 2020, due to the Central Bank’s policy to support the project to localize employee salaries and increase the opening of Banking branches, digital transformation support, electronic wallets, payment points and ATMs" *** Pimpy Article: "Iraq's gold reserves rise to 130.4 tons". Iraq continues to add to their reserves. They now have 130.4 tons of gold. Quote: "Iraq ranked 3rd in the Arab world and 30 in the world..." ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar. They're a big part of what makes a currency strong. I see some big steps being taken that do indeed help the Iraqi dinar in a big way...