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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 2 Articles: "AL-ZAMILI: WE SEEK TO LEGISLATE A LAW GRANTING A PERCENTAGE OF OIL IMPORTS TO CITIZENS";; "A DEPUTY PROPOSES DISTRIBUTING THE DOLLAR PRICE DIFFERENCE FUNDS TO THE IRAQIS" Two articles on this topic this period of excess oil revenue sharing to the people. Are they really going to do this? ...they can not do this under the program rate. This would be suicide if they did. They must go international and trade the dinar to implement this proposal. *** Pimpy You're going to see the presidents being voted in. Once they do that, what are we waiting for? The prime minister and once he's voted in it's on like Donkey Kong. All you have to do is put in a cabinet members and their government will be installed and it's time to put these people into action...
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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 *** Regular Guy Vital Brad Article: "Al-Sadr nominated Al-Kazemi as prime minister for the majority government" After the government as a whole is fully seated I think it could go anytime. The sooner the better of course ... *** Frank26 Article: "The Central bank of Iraq announces an "unprecedented" growth in its foreign reserves" Empirical data from the CBI to the citizens in the process of their education to let them know we're more than ready for the 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... RON ** Frank26 Article: "Opening a branch of the first Iraqi bank in the UAU" Dubai banks do not deal in used toilet paper...notice all these CBI private banks are opening around the world but not a single one is open yet...all of these baby banks from the CBI are sprouting out just like we told you. We call them satellite banks. They're all over the place now... ** Kaperoni I've been saying the same thing for years and guess what? I am right! Until Iraq has a parliament and passes the significant economic laws needed for foreign investment, forms a new government oh, and build an economy away from oil there will be no change in the exchange rate. ** MilitiaMan Article: - the headline is 'Releasing Money'. They have quite a bit of outstanding frozen assets that are out there. It's been a long time coming. We have been told over the years that there's a significant amount of money...Interpol talked about upwards of about $180 billion and there's been other comments in respect to upwards of $500-$600 billion in assets around the world...that's astronomical if they call that money back and put that towards their bottom dollar it could definitely support their Real Effective Exchange Rate...the timing of this all coming out at this stage is phenomenal. ** Nader From The Mid East I got good news for you this morning. The president of the CBI sent a letter to the government talking about the rate to be changed, but there's no decision made yet. When we say rate change you know rate is not going to be 1 to 1 first day...it's going to float for a long time...it's going to be tough to be 1 to 1...Iraq paid a lot of things I know but we still owe money to 12 countries ...the UN took us from Chapter 7 yes. We are out from the black list on the European Union...they are working hard. They are doing a lot of things. ** Petra We're seeing a lot of major things happening within Iraq...it surprised us that an article that came out...they said they are [having] discussions... [about] funds that could be repatriating back to Iraq that were either stolen from Iraq or have been on hold in accounts on behalf of Iraq until they go out of Chapter VII. If those funds are coming back, oh my goodness it could really impact...the free cash flow that would be available to help them build their infrastructure and build the country and bring in the secondary markets...that's a lot of money and there's a reason why they held that out this long...
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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 *** Sandy Ingram Article: "Iraq stock exchange trades 930 billion shares in 2021" This is up 131% from last year...you should also know... Article: "Economic center: 2021 saw a dramatic rise in the prices of the capital Baghdad's real estate." ...in 2021 there was a significant increases in real estate prices in Baghdad capital area in commercial and residential buildings. It is believed these prices could exceed prices in Dubai and/or London. *** Walkingstick ...It's in print now...the way that the CBI is printing this education is for the citizens to properly interpret the monetary and economic reform. It's not for them as investors.
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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 ** Adam Montana [...Once they open this window I believe this will grow overnight and not be able to hold the value down very long, who knows how high it will grow unless the CBI puts a cap on its growth.] ...Whether the CBI would put a cap on the growth or not... I am inclined to agree that they will. But there's a strong argument for that cap being $1. Taken from another site that follows Adam and posts snippets from his remarks. ** Frank26 Article: "Changing the exchange rate...economic additions and dangerous social effects" the mother of all posts had this baby post. [Reference Frank26 post from 1-11-2022 which follows] ** Frank26 Article: "It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar." Wow! Can we have a standing ovation? ...this is the CBI saying this...this is the mother of all articles. Quote: '...let us make readjusting the exchange rate the first task of the next government and parliament to relieve the burden of the citizen.' The CBI wants to show the Iraqi citizens the NSCNs/new exchange rate as soon as possible and if you GOI are not ready by the 15th then we the CBI will show the citizens to reduce any confusion...[REPOST: from 1/11/2022 - referenced in baby post above]. ************* Midnight Opinions from 1/12/2022 ************ ** Frank26 Article file - they are talking about monetary reform. Quote "in the light of international projects, which enhances a stable dinar...meaning that monetary policy requires transparency through which it is presented in the next budget." It's no longer a secret...as soon as the new seated government passes the budget laws, the budget, white papers and exchange rate will be exposed IMO... ** Kaperoni ...Nothing is moving fast in Iraq, they're not in a position to do anything until they have a government, pass laws and have investment for the private sector. ** Vital Brad I'm just a regular guy with dinar. I try to do research on it to figure out what's going on. I try to gather information...and decipher through some of this stuff...I'm not a financial advisor. I've got debt that I'm working on getting paid off. I work a job. I have a car payment. Rent...I'm working the grind day-in-day-out trying to support a family...I don't know if this is ever going to happen. I hope just like Kuwait the Iraqi dinar revalues and the people 'in the know' benefit from it. I'm trying to let as many people know about it as possible so when it does happen it's not just the elites that are 'in the know'... everyday people have the opportunity to know about this as well.
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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 1: "The Ministry of Foreign Affairs announces Iraq's exit from the European Union's list of high-risk countries" From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate. This is how you take a program rate and you throw it back to the United Nations or whoever gave it to you. Way to go! Article 2: "Al-Kazemi's comment on the European Union's decision to remove the name of Iraq from the list of high-risk countries" What does this mean? It means the whole world is going to flow back into Iraq because there is no fear any longer. They're stable. They're secure. They have a currency. They have a brand new central bank even Dubai is jealous... *** MilitiaMan Article: "Barzani: Joint work between Baghdad and Erbil contributed to Iraq’s exit from high-risk countries" I like the sounds of this article, as it is in past tense. A good sign that there is consensus between Baghdad and Erbil. The linkage of the Kurdistan Regional Government to the global system is very telling. They are achieving success today and are saying that they will look back to today, as a turning point for a prosperous global future for the people of Kurdistan. This is a good sign of change to come...All good news.. 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... RON *** Frank26 Article: "It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar." Wow! Can we have a standing ovation? ...this is the CBI saying this...this is the mother of all articles. Quote: '...let us make readjusting the exchange rate the first task of the next government and parliament to relieve the burden of the citizen.' The CBI wants to show the Iraqi citizens the NSCNs/new exchange rate as soon as possible and if you GOI are not ready by the 15th then we the CBI will show the citizens to reduce any confusion... *** MilitiaMan Article: "The outlets announce an agreement with the customs to activate the customs and tax receipt program" This to me suggests there is a game plan to going international. They tell us the most important thing agreed upon is to activate the tax receipt program at the Border Ports Authority. ...The CBI has told us they have a new electronic system that is one of it’s kind and has interlinked with government entities already. We also know that AYSCUDA has a contract for this very subject and that the WTO is working to support Iraq in her ascension along the way...They are gearing to activate systems. That activation is imo going to require an international REER (Real Effective Exchange Rate) in place...
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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: "For the sake of the banking system..Kuwait: Iraq handed over the last batch of compensation before it was due". I Told you..! ** Mnt Goat Article: "LEGAL EXPERT: THE END OF THE PAYMENT OF KUWAIT’S COMPENSATION HAS NOTHING TO DO WITH IRAQ’S EXIT FROM CHAPTER VII" ...We know for a FACT that Chapter VII has EVERYTHING to do with this final payment. If not then why have they not applied to exit from it before? Why now at the same time they are making the last payment to Kuwait? How do I know this? Because they told us in an article from the Finance Committee a couple weeks ago that this is tied directly to the exit from Chapter VII... ** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: CBI holding seminars with all the banks. FRANK: That is correct...[guru] Walkingstick's firm owns many banks and they have been meeting at the executive level with the CBI to show them the new small category notes and they are now talking about the coins they're going to give you as well...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... RON ** Pimpy Article: "The Iraqi market is abandoning the dinar...and the government is reassuring: There is no collapse" That's not good. That weakens the dinar. We need to stop the two dollar system over there. They stopped it before but they need to stop it again. They need to do away with the American dollar and just force the people in Iraq to stick to the dinar. That would strengthen the dinar. That's one of the things that needs to happen. ** Frank26 Article: "What the Central Bank Has Achieved In Terms Of Monetary Reserves Requires The Government To Reduce The Exchange Rate" There we go again, 'Frank, look they're going to reduce the exchange rate.' You don't seem to understand what they're trying to tell you. It's difficult to interpret a mistranslation...In 2003 the rate was 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1...the smaller it gets the more you increase the value of the Iraqi dinar. And that's what this means. ** Boots on the Ground - Nader From The Mid East We're waiting for the security council to come out and say, 'hey you guys are completely from Chapter 7.' I know a lot of people tell you we're out since 2017, 18, 13 - yes, some of it we're out...but we're not completely out like people like us who cannot do business. I cannot send stuff to United States. Only through other countries. We're not out. So we're waiting for the security council to come out and say, 'Hey Iraq is good. Iraq is out of Chapter 7. You guys can do whatever you want 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... RON ** Newshound Pimpy ** I'm watching some interesting wording in some of these articles that make you go, man!? ...I keep telling people it's going to go up in increments but a lot of these articles appear to be pointing at an RI or an RV and trust me when I tell you I don't say that lightly because I don't fall for that. I think they're going up in increments... Article: "The central bank reserves jump to 64 billion dollars and an important US decision is awaited by Iraq" This is one of those articles...which gives you the impression that they're definitely going to do some type of RI or RV. One of the things that helps strengthen the currency is your foreign reserves. How much you have does play a big part of it... Quote: "an important U.S decision is awaited by Iraq." Like the removal of Chapter 7 hopefully? This is huge for the international reserves. That's a big amount of money.
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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 Articles: (1) "The Central Bank: Many Iraqi banks have begun to expand outside the country"; (2) "Central Bank Governor : Iraq has become an attractive arena for investment" THIS SHOWS THAT THE NEW RATE IS NOW BEING ROLLED OUT! AS SOON AS THEY ARE FINISHED WITH WHATEVER THEY ARE FINISHING, WHICH WE ARE NOT PRIVY TO, THIS WILL POP AND WE WILL GET TO EXCHANGE!!! IMO WE SHOULD ALL BE SO HAPPY WITH WHAT THEY ARE SHOWING US RIGHT NOW! I AM!!! *** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: All news today has been about Barzani from Kurdistan. He's been meeting with the house speaker...about the Erbil deal. They're saying they're making sure all parties are working to make the agreement work as they will be addressed when the budget and the rate is reviewed sometime in the early part of 2022. They're saying that the Erbil agreement will have a huge impact and allow citizens to receive oil as promised to them by our constitution. FRANK:...The HCL is part of the economic reform because it is also in the white papers... *** BobTheTaxMan Ways to save on this anticipated gain coming from our IQD investment...we have three objectives. 1. Reduce Taxes any way we possibly can. To do that you look at income, capital gain taxes, estate taxes. Those are the things we want to reduce as much as possible. 2. Defer - ...we have a variables. A. We don't know when. B. We don't know a rate...when this thing comes out let's just say it's a dollar...If...you don't want to have to cash in your IQD at that moment and be exposed to that huge taxation this is where a Charitable Remainder Unitrust (CRUT) comes into play. It defers that taxable event until later. The last one which is my favorite 3. Eliminate them. I don't want to pay taxes on this gain in any way shape or form and the way you do that is with the Roth... [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique exchange strategy.]
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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 Article: "Chairman of the Committee of Financial Experts Abdul Basit Turki, reviled today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation" Quote: "After that [Making the final payment], Iraq will submit a request to the General Secretariat of the United Nations requesting that it be removed from the provisions of Chapter VII of the UN charter." Chapter VII is major. It's so big it's one of the biggest steps we need to take in order for Iraq to do any type of rate change...be happy. Be a little excited but don't go overboard. We have no idea what's going to happen...We don't know what they're going to do until they do it. [Post 1 of 2]. ** Pimpy Article: Throwback - The first time they lifted Chapter 7 2013 "With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy" Quote: "the lifting of Chapter 7 sanctions last month can be considered one of Iraq's biggest achievements...allowing Baghdad to regain control over its own currency, oil and economy." Quote: "One of the biggest advantages of the lifting of the sanction is the return of all frozen assets to the Iraq government estimated somewhere around $82 billion according to the Central Bank data. Its return will not only revitalize the economy it will strengthen the value of the Iraqi dinar and increase its purchasing power." There's reason to be happy. There's reasons to be excited...but stay grounded...there's no date there. There's no rate there. It merely tells you what happens once Iraq is removed from Chapter 7..[Post 2 of 2]. ** MilitiaMan Article: "Planning determines the priority of projects in the 2022 budget" Quote: "There are more than 6000 projects under implementation,..." The money at to which these projects will be completed could not be completed if at a program rate. imo... They will require the new exchange rate that will support the reconstruction effort. The new system in place at the borders will add massive revenue streams, just as the liquid natural gas that is being sold... All of it and much more will add to the bottom line for the new real effective exchange rate (REER) to come. There is no reason to have small category notes while at a program rate. We know they have told the citizens on TV about small notes. This article is additional support a rate change is imminent...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... RON ** Petra Article: "Economist on the 2022 budget: It will address the fiscal deficit and debts owed by Iraq " Quote: "3% of Iraq's oil imports will be released as a result of the zeroing of Kuwait's debts, as well as the zeroing of the deficit during the past year, in addition to recycling part of the surplus for the next year," ...ZEROING of Kuwait 's debts as well as ALL DEFECITS of 2021 AND the budget will have extra that they will roll over to the next year! So you have to ask the question... Kuwait is paid...and ALL other deficits will be paid off this year! AND, they will have a surplus for next year? WHAT IN THE WORLD IS IN THIS BUDGET? ...SO, if they are "intentionally" leaking this information about the new budget and reflective of a new rate...this truly is...ANY DAY!!! IMO... ** Frank26 Article: "Washington stops the automatic deductions from Iraq oil revenues to compensate Kuwait" That is so big...they need to make the official announcement they're Article VIII but look - Article Quote: "Iraq should seek to get out of the provisions of Chapter VII of the UN Charter" ...there's only one banana peel left and Kuwait has just said that they have been compensated. It's time for you to catch up United Nations... Article: "The Central Bank of Iraq announces the suspension of the automatic deduction of Kuwait's compensation" Whoa wait a minute. They owe [Kuwait] money don't they? Not anymore... this is impressive because this is what's definitely considered the final countdown. ** Mnt Goat Article: "IRAQ WILL LEAVE “CHAPTER VII” IN EARLY 2022" ...Iraq still owed war reparations to Kuwait and if you looked at the Chapter VII sanctions...it included reparations to be completed to Kuwait prior to full relief from Chapter VII. ...finally Iraq is allowed to move ahead. Will the CBI actually request to reinstate the dinar in early next year 2022. I am told they already requested it and it is underway. ** Kaperoni Don't let these delete 3 zero stories confuse you. There are many people in Iraq who simply want to redenominate the money supply from trillions to billions which is a neutral event. Not what we want. One thing I told Iraqi investors many years ago was that the dinar will never significantly go up overnight. If it goes up in value it will rise gradually via a float as Iraq's economy prospers. There are no shortcuts. ** Pimpy The announcement of the new government should be finalized here any day...Sadr...did say he wanted to do something about the rate. He absolutely said he wants the exchange rate to change. Keep in mind that's the central bank's move. How much influence does he have over the bank because...they're two separate entities...the government can campaign for the change but they really have no control. We know Sadr wants the rate change to happen. So just give it a chance. Give it some time..!
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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 update] FIREFLY: The big news we're seeing right now is that the United States treasury has stopped the automatic withdrawal of the money from the oil profits to Kuwait to pay for the compensation. They're saying Iraq through the CBI will make the final payment sometime before the end of this year. Then Iraq will send a special request to the United Nation for Iraq to officially be removed from Chapter VII. All of this will occur before the end of this year. FRANK: Everything seems to be pointing to either just before the end of this year or at the very beginning of next year. *** Petra Article: "Economist on the 2022 budget: It will address the fiscal deficit and debts owed by Iraq " ...incredible article...Talk about a potential "strategic" leak this article says MANY things... 1.) Quote: "it is expected that next year's budget will reach the limits of 90 billion dinars," Well wait a second...I thought they did all the calculations in "TRILLIONS". I checked the translation...it indeed says "Billions". Has something changed? 2.) Quote: "the value of this budget will cover the financial deficit and debts owed by Iraq , in addition to securing the salaries of employees in full." ...This can only happen when the country is "sovereign" and working under Article 8 of the IMF and "FULLY" international...! Folks, these are not Typo's! Their words... and strategically given out...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... RON *** Frank26 IMO the education of the monetary reform to the Iraqi citizens is very close to completion...The completion of their education in 2021 is only for them to start in 2022 with a new value with purchasing power to their currency and with an explosion of their economic reform because their monetary reform was so successful... *** Sandy Ingram Article: "Central Bank of Iraq governor meets Turkish counterpart" The governors reported that aim of the meeting was to develop banking relations between the two countries including opening of branches of Iraqi banks in Turkey...This is very good news, however this is even better news! Article: "Central Bank governor welcomes opening of branches of British banks inside Iraq" *** Mark The regular payments to Kuwait have stopped. That is a very important piece of information. Article: “The Central Bank of Iraq has announced that it has terminated all necessary banking arrangements with the US Federal Reserve to stop the automated deduction of Kuwait’s compensation." This is huge news. This is one thing that was necessary for Iraq to join the international world. To ascend to the World Trade organization and to freely trade with an international currency. That this came out today is huge!!! ...This was the best news today..!
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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 [The CBI and Governor of the CBI] met with the London bank office - basically the Central Bank of England and they had some very official meetings. And the article was telling us that they were dealing with all of the advances that the CBI has done lately - their digital currency. Impressive...we've counted about 30 something banks around the world that have communicated with the Governor of the Central Bank...why in the world would England allow Iraq banks to be build all over their country? Why does Iraq have banks from England inside of Iraq? What the heck's going on? ** Sandy Ingram One thing is for sure, the moment you earn a profit on the Iraqi dinar...you will need to report your profits to the tax agency in your country. There are 2 important tasks that you must accomplish when experiencing high 5-figure or 6-figure profits. 1. You must create a way to generate income to support yourself and your family. 2. You must figure out a way to lower your tax liability. These are 2 concerns of every wealth building individual. [NOTE: Always consult your tax and financial advisors at the appropriate time to build a winning strategy specific to your unique circumstances.] ** MilitiaMan Articles: #1 "His Excellency the Governor of the Central Bank of Iraq meets His Excellency the British Ambassador in Baghdad"; and #2 "THE CENTRAL BANK ANNOUNCES THE IMPLEMENTATION OF AUTOMATION FOR THREE GOVERNMENT INSTITUTIONS" These two articles...touched on the white papers, economic reforms and the priorities of implementation. The CBI and Government are now on the same level playing field and can track the money via new FinTech and Blockchain. They have launched the Digital System back 10/31/2021. It is utterly transparent, and it is an apparent necessary thing to have prior to fully being Article 8, imo... There is no going back now. They have full intention of changing their exchange rate to meet all international standards. Automation of the borders will usher in the WTO once the REER (Real Effective Exchange Rate) is exposed. imo...We are in an awesome place.
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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 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We now see the special commercial. It's on TV. We're watching it right now. They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend. It's at 9pm Iraqi time. It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022. Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency..[Post 1 of 2]. ** Frank26 [Firefly boots-on-the-ground Iraqi TV continued] FRANK:...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can't just give these new currency note in your hands because you guys will not fully understand. It must not fail with you. Once that step has been accomplished they will show a new exchange rate. IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st..[Post 2 of 2]. ** BobTheTaxMan We're going to take an example. Let's say the announcement came from the CBI...with an anticipated rate of .50 cents...So you take your 10 million IQD and you rush off to the bank and you exchange it for $5 Million dollars. Yippie! Your IQD investment finally paid off...you go home petting your precious money fantasizing over what you are going to spend it on...the lifestyle you have dreamed of is in reach. The house, the car, the vacation, the toys they all appear and your long dreamed of funds begin to disappear. Now all the money is spent...whatever you set in payments is still there draining your income and your income cannot continue to support the lifestyle your fantasies created. Then comes a letter... [Post 1 of 2]. ** BobTheTaxMan ...a letter from the IRS you are now owing them 40% of your 5 million dollars which is approximately $2 million dollars. And then the state comes knocking saying 'hey you owe them also'. The dreams of a lavish lifestyle suddenly turn into a financial horror story because you have payments to the IRS and to the state which are freaking impossible. The debts begin to take a toll on your life and your relationships are challenged maybe even broken. Your financial security is completely destroyed and everything you thought the IQD investment would be is now a legacy of pain and guilt. Now, let's take another look at the same scenario but with planning and preparation for the anticipated IQD revaluation. [TO BE CONTINUED...]..[Post 2 of 2]. ** Sandy Ingram Article: "Central Bank of Iraq governor meets with head of Turkey's banking licensing and supervision authority" This is happening...The Central Bank of Iraq setting up bank branches in Turkey. This was good news because it means investors possibly can visit a safe country in which to exchange Iraqi dinars and/or open a banking account and set up possibly 4% interest rate... ** Pimpy There is a lot of positive things working in Iraq. We know these things. We know the early elections took place and the government is being formed. We know over the last year and a half Al-Kazemi appears to be the real deal Holyfield. He's been doing everything he could to get the corruption weaved out the the government- doing what he could to develop the private sector...so their budget isn't reliant on oil sales...they're finding new oil and oil fields. They're working on moving quickly through the WTO. They're doing what they can to remove themselves off the blacklist...we know our troops are getting ready to leave restoring the sovereignty of Iraq. We know that their debt is almost paid off with Kuwait for invading them. All these things are big...steps necessary to get to the revaluation of the dinar. ** Frank26 Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" What are you putting in there? Quote: "...amounting to 1.47 billion dollars (0.4 billion dinars) in April, July and October of this year." Dude you just gave the mathematical formula! That would be $3.61! About an hour after this news agency...resent it without that information in the translation. Was it a mistake - don't pay attention to that? Or was it a mistake - I can't believe you did that! Get rid of that! Release the next article without that information!? Honestly I don't know...IMO Kuwait is being paid off for a reason right now. It is part of the agreement for Iraq to lift the value of their currency... The rate of Kuwait is around $3.32...I don't know if it's an honest mistake but the calculations are fascinating.
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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: "Adviser to the Prime Minister: The 2022 budget is guarded by surprises and includes appointments" The budget is guarded? What are you guarding cookies?? No but it's more delicious than cookies...Kazimi is trying to tell the people of Iraq that there's going to be a surprise in the 2022 budget...Do you realize how much the exchange rate is guarded? You realize the top secret involved behind that number? Now you know it's 1 to 1 but you have no idea what it will be capped at do you? ** Kaperoni If you own dinar do yourself a favor, spend your time reading and learning about Iraq and rebuilding of their economy. Until then, nothing is happening...Until Iraq has a new government in place, and they passed laws, build a diverse private sector economy there will be no change in the Iraqi dinar. ** Pimpy Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" They're just about done with this...this is one of the things I believe is holding up the rate change...the remaining amount is $629 million. Not bad at all. It's less than half what they just paid. They said this should be done by February which means all war compensation should be complete...This is a huge deal for Iraq and IMO helps them take another step closer to a bigger rate change when the time comes plus having their sovereignty reinstated... ** Walkingstick In the 2022 budget the governor of the Central bank of Iraq and the prime minister Kazimi both are telling the Iraqi citizens we have a guarded secret that was well studied... What's in the '22 budget... what's in the white papers? [the rate]. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're talking about the old currency again...the ones from the 1940's...they're saying how the new currency will support a true dinar rate as long as Iraq enters the global markets...they're telling us about deals with foreign countries...and they must have a strong dinar to have these deals with these foreign countries because Iraq will be a centerpiece in the Middle East... FRANK: The CBI is trying to explain to you why you need this new currency because it has to match the new math that they're trying to explain to you..[Post 1 of 2]. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FRANK continued: the new exchange rate of 1 to 1 against the American dollar and not the sanctioned program rate of 1190 because that does not mathematically work with the new small category notes that they are about to give you. This is a wonderful step in your education because IMO it is putting you in a position to receive them now...IMO you're going to see them before they officially give you the new rate so that you are prepared for the budget at the beginning of next year. They are showing you again this week the old small category notes from the 1940's because they want to make sure you understand that they will be looking almost like the ones that they're going to hand out to you..[Post 2 of 2].
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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: "Ishtar Gate Company and Visa have launched their cooperation by launching the Visa Platinum prepaid card "Blue Platinum", with services considered the first of its kind in the Middle East..." I have to say the depth of this article is amazing...We have the Central Bank launching and digital platform was said to be the first of it's kind and the communications being digital... They are not just saying this.. They are doing it. Having a multi currency VISA CARD for digital payments down to the ATM's..? To be international requires a real value to their currency... ** Kaperoni There will be no accession for Iraq into the WTO until they pass the laws that are necessary to support their economy and start producing products that they can export other than oil. Talk of accession to the WTO is all nonsense until then. ** Pimpy Article: "Can the dollar exchange rate return to the previous one in the near future?" More talk about the dollar exchange rate. That seems to be a topic almost regularly 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... RON *** MilitiaMan *** ...There is far to much information out that supports Iraq is about to go international with a new exchange rate with the real value to go with it...There is proof that the WTO suggests that there is imminence to ascension and there is more on that matter to come out, as early as next week...the positive effects in play now have made the environment today what it is so that the investors and private sector can flourish once the exchange rate with real value is exposed...imo... *** Adam Montana *** Whether you see and acknowledge the progress or not, Iraq is continuing to move forward. The wait can seem eternal if you look at this situation through a microscope, but the big picture is much different. Many of us have been here through some incredible changes, even if we haven't seen THE change we really want...Here's a prime example of the progress we can see clearly - in May of 2021, the number was 6 billion. Article: "More than five and a half billion dollars in Iraq's oil revenues in a month" Just a few short months later, we are reading 7.66 billion. Article: "Iraq: $7.66 billion, the value of crude oil exports during October". [post 1 of 2].. *** Adam Montana *** The increase in dollar amount isn't just from the increased price of oil, either - Iraq is refining their entire production system, exporting more efficiently, and making progress. The price of oil isn't hurting them, either. Every time I look at this situation in a "big picture" way, I can't help but get excited. There's really only one way for this all to end, and that is with an increase in the value of the Dinar. How could it not end that way, when everywhere we look there is proof that, indeed, Article: "IRAQ SUBMITS A PROPOSAL TO COMPETE WITH THE WORLD ECONOMY" Quote: "Iraq possesses great and enormous wealth that allows it to be a major economic player," This has never been a question of "IF", only "WHEN". Stay positive, grounded... GOOOOOOO RRRRRRRVVVVVVVV!!!!!! [post 2 of 2].. These posts were taken from another site that follows Adam's postings, and they post snippets from them. You can read adam's full chat on the DV Chat Logs Forum at: Adam Montana Black Friday update 26 November 2021
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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 Article: "Demands to revaluate the dinar, the government responds" They accomplished what they wanted there's no doubt about it. Quote "...the economist said...the exchange rate of the dollar should be gradually reduced to thirteen hundred dinars while keeping an eye on the cash transactions..." ...I think in the beginning it's going to be small increments because they want to see how it affects the economy. So the increase went from 1190 dinars for every dollar to 1450 which isn't good. We don't want the number to get bigger we want it to get smaller. They're talking about meeting halfway to 1300 dinars. That might be more realistic. It might happen but I think this is what you're gonna see. Increments. Gradual increase. But a lot quicker than people think... ** Mnt Goat I firmly believe Al-Kazemi is going to be the next prime minister...the Sadar coalition won the majority during the election last October and the party is strongly considering al-Kazemi as their candidate and they told us so...I believe they will not revalue the currency until this is “officially” announced and al-Kazemi is seated...the reinstatement of the currency needs a stable government and getting the newly elected prime minister in place is part of a stable government. ** Pimpy Again more Iraq dinar exchange rate talk. We know where they're going with this... Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" ...there is a lot of talk about the exchange rate - back-fourth-back-fourth... My thought is that they're gonna at the very least put it back to the rate it just changed from...right now you get 1450 dinar for every one dollar. They're talking about going back to the old exchange rate which is you get 1190 dinar for every dollar...you want that number to continue to shrink. At least we're taking a step in the right direction...I'll take it in increments as long as it's consistent... ** Mnt Goat ...the real target we can put our arms around is still the early January 2022 timeframe. This is the only date, if we wanted to speculate, that makes any sense...The CBI has told us over and over again that the BEST time to change the currency rate is at the beginning of the FISCAL year. Jan 1st begins their new fiscal year. I am not now talking about changing the program rate but doing the reinstatement which is much, much bigger and much different... ** Walkingstick You don't see them denying it anymore. That's been cleared up. You don't see them talking about 1 to 1 rate - that's been introduced. You don't see them talking about floating and going international - that's been explained...The CBI governor and prime minister of Iraq both are talking alike. There is no more confusion. We are so close to the end. Both of these gentlemen are echoing each other's words in front of the citizens on the topic of both of their reforms. Every day this is being sent out to the citizens of Iraq...IMO all this education should be exposed/done before January the 1st 2022. ** Mnt Goat ...In 2012 the CBI planned for a January reinstatement preceded by the project to delete the zeros. This is FACT and is backed up by Dr Shabibi’s own words when he addresses a news conference in 2015 saying that Iraq has an unpresented opportunity reinstate the Iraq dinar in early 2013 having all permission do so. If it were not for the raid on the CBI by Nori al-Maliki and the ousting of Dr Shabibi as the chairman, I would not be writing this...today...
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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 Article: "Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency" This is not the first time...They've been having them at least once a month. This past month they had a lot of them...they've been educating the citizens of Iraq for a long time about the monetary reform. No, this hasn't been put in article form...This article...is simply another announcement of the reinstatement of their currency and of a new exchange rate...education of the citizens of Iraq...this is what [we] told you that you would see and you're seeing it now...When have you ever seen the governor of the Central Bank of Iraq come out and tell the Iraqi citizens we're about to give you a new currency and a new exchange rate and these are the reasons why...? *** Pimpy Article: "Washington Post writer met Al-Kazemi in the bombed house: The strike made the second term certain" The attempt on his life most likely backfired because he has drawn a lotto sentiment from all factions out there...this is good news IMO...4 years with Al-Kazemi is going to be interesting to watch...he has done a lot in such a short period of time. I'd like to see him continue that...we're going to get to the bottom of things and then we're going to hear the results of the election...next week coming up is going to be a really interesting week in Iraq... *** Frank26 the 'countdown' is not for a liftoff. That was years ago. The countdown is what you're witnessing. They're counting it down every day to a date that they have in mind. I have a feeling that it's within this year. And if for some reason it comes out this year the citizens won't be able to use it not until it's officially handed to them. I told you 2021 is the education. I pray that they can get them well educated that they can give it to them now 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 *** Pimpy *** Article: "Iraq pays Kuwait $490 million and is close to closing the compensation file" Iraq is just $629 million away and it is going to be done at the beginning of 2022. [Iraq owed billions at one time.] That will close the compensation files permanently. That means Iraq does not owe Kuwait any more dollars. This is going to go a long way to restore sovereignty and definitely lifting the restrictions off of 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 ** Pimpy Article: "Sadr bloc of losing forces: No power sharing this time" Let's hope this guy is sincere about changing the Iraqi dinar exchange [rate]...let's hope he is truly for the people...looks like Sadr is putting the smack-down on people. He's hell bent on controlling everything himself...he means business. ** Militiaman Article: "Mazhar Saleh : The rise in oil prices revives investment... and the financial surplus to reduce unemployment" This is part of the security they need to support the value of the DINAR... They are mentioning that to restart the projects at the current dollar exchange rate would be an additional cost to the state. Hence, support again for the new exchange rate to be implemented now and not later... ** Frank26 Mustafa, the governor of the Central Bank of Iraq, came out and told the Iraqi citizens about 4 days days ago we are taking your currency back to the glory days...the CBI shows inflation is under control...the GOI showing that we have security and stability because of the military and the leadership with Kazemi and now we have the governor of the Central Bank of Iraq repeating the same words that were said...11 years ago [by Shabibi]. That is a full circle. ** Kaperoni Over the past year...there has been significant progress in creating a suitable business environment in Iraq. Although there is a lot of work yet to do including passing many laws. So I am optimistic the dinar will eventually gradually via a float rise in 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... RON ** Deepwoodz Article: "A government comment on the change in the dollar exchange rate after the rise in oil" It makes perfect sense that the digital transformation is the key...This kind of SECURITY is also a must have… to allow for the transparency they’ve harped on and also to prevent theft of the most valuable currency in the world. If it isn’t yet, it soon will be...Saleh lists pre-requisites for the rate to change, he DID NOT say anything about seating the new government or passing any laws...Nothing has stopped. Lava don’t stop for nothing!...Iraq has almost graduated from a third world country into the modern era... ** Clare Article: "A government comment on the change in the dollar exchange rate after the rise in oil" Excellent!!! IMO ** Samson Article: "The Sadrist movement reveals a trend regarding the dollar exchange rate" Quote "the rise in oil prices in the global market will be enough to provide financial abundance, instead of resorting to raising the exchange rate of the [U.S.] dollar [Which would be the same as lowering the rate of the dinar], this is the economic solution..." ** BobTheTaxMan Question: "Where will you go to exchange?" There are several options...it will be up to you to locate, compare and exchange unless you elect to put your IQD in a vaulting service and let them do the exchange for you. There are lots of benefits. Security, speed, ease - in doing it that way...
