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  1. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Samson Article: "Iraq is looking forward to joining the World Trade Organization" Frank26 Question: "Will they make a formal announcement in Iraq just prior to letting the RI go?" No. There won't be any announcement. It's actually going to be snuck up on them. One day the Iraqi citizens will wake up and they'll get a text or ping or whatever and they'll be notified to get your butts into the banks and they will be given what will be given to them...
  2. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Article: "Multiple advantages and an important turning point... How did electronic payment methods affect the Iraqi economy?" Quote: "Al-Shabani...explained the possibility of absorbing approximately 92% of the cash mass saved in homes after the complete shift towards electronic currency dealing..." They recovered 92% of the 3-zero notes... Kaperoni If Iraq is ever going to raise the value of the dinar they need to do it gradually over time so they can reduce the money supply. As well, a gradual increase reflects the economic growth of the economy. Nader From The Mid East A lot of good news come out yesterday and I'm very happy...You know what? I'm excited. I'm very excited what's happening. Pimpy Article: "Sudani: Investment environment in Iraq is promising and open" Remember they have to be able to draw in foreign investors. As long as the country appears to be stable, the economy looks to be stable, the exchange rate looks to be stable, the currency looks to be stable, it's all promising...this is all great news. This is one hell of a day for Iraq... Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying the government is putting mobile teams together to monitor - No prices gouging during Ramadan. That tells us plainly there will be no rate change during Ramadan IMO. FRANK: It can happen at any time...But... I don't see the reason for this to happen during Ramadan. It is a holy period. I see it happening before Ramadan. Clare Article: "Iraq is looking forward to joining the World Trade Organization" Quote: "Iraq has today become a major economic player on the world level and needs to harmonize Iraqi laws with international laws." MarkZ Question: Could Iraq RV during Ramadan? Mark: There is a historic precedence to go during Ramadan. For Muslims most things slow down at this time…and they do not like doing business at that time…but, it doesn’t mean they won’t...but it sure would be more convenient to go right before it. [Note: Ramadan is expected to begin on Monday, March 11, and continue through Wednesday, April 10.]
  3. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Today easily has got to be one of the best days of news for Iraq I've seen in a long time. They have been busting their asses to get their country in line to get back out and do business on the international market...One great article after another... MarkZ I have one source close to the WTO that thinks it will be mid March for the actual ascension…It is clear it is now inevitable they are heading this direction. Harlequinc3 Question: "I don't have any receipts of currency i bought 14 years ago...is that a problem to exchange it when the event happens?" Only in the event of an audit for taxation. The bank won't care in the slightest when and where you got your dinar -- as long as it's valid currency. All the receipt proves is WHEN you bought your dinar -- which only matters to entities like the IRS, because the tax bracket for capital gains changes depending on how LONG you've had the asset. [NOTE: Some feel the exchange will be capital gains, others personal income, other not taxed at all. The only opinion that matters is the IRS's - At the appropriate time consult your tax advisor to determine the right tax for your unique circumstances.] Clare Article Quote: "Parliamentary agreement with the European Union mission: European financial and banking institutions are preparing to invest in Iraq" Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing half a billion dinar recovered from a corrupt banking judiciary officer. FRANK: It just don't stop! Good gosh almighty everybody steals out there.
  4. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Sandy Ingram US Department of State Website Article: "Secretary Antony J. Blinken and Kurdistan Regional Government Prime Minister Masrour Barzani Before Their Meeting" The Iraqi Kurdistan prime minister has not been in Iraq at all for several days, but in Washington DC, meeting with Secretary Blinken. They are discussing what went down in the first quarter of this year in Iraq. Militia Man Iraq has the attention of the world when it comes to ascension [into the WTO]. We have more than...the WTO, We have the World Bank...the ITC...Saudi Arabia....Armenia, the International Foundation for Corporations...What do they need with that? They need freedom of capital movement. That's article VIII compliance...What a time to be an investor in the Iraqi dinar... Pimpy Here's the biggie everybody is celebrating. We're not there yet but very close. Article: "Iraq has completed requirements to join WTO: Minister" We have to wait till they get voted in. Yes they completed all the steps. Let's hope they keep their nose out of trouble and finally get accepted...Iraq is right there at the cusp, man, it really is. This is big news. Frank26 Parliament has no choice but to get on board of the bandwagon of the monetary reform. Now they constantly take false credit for the success of the monetary reform...Why are we in a position where [they're saying] 'Yeah, they're going to be giving you a new currency and they're going to float it.' Why? Because the auctions are no more for the pleasure of Iran to steal the future from the Iraqi citizens. Parliament has no choice because it's about to happen...Iraq is in a position to move forward.
  5. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Jeff Article: "Iraq completes requirements to join WTO" Quote: "The Iraqi minister of Trade...affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate." Clare Article: "Iraq completes requirements to join WTO” Quote: "The Iraqi Minister of Trade, Atheer Al-Ghurairi, affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate." Frank26 [Iraq boots-on-the-ground report] FRANK: I sent you to your bank friend. Your friend is going to be receiving machinery IMO that will help him identify the new lower notes they are going to give you. They are also going to be sending in people who are experts in the process of exchanging currency. In your case, three zero notes for lower notes...It's very obvious the next step for the CBI is for these people and this equipment to be used to give you the new exchange rate and lower notes. It is approaching you with great confidence. Be strong. You're almost there. MarkZ Question: Mark what do you think of the rumor it could happen tomorrow? Mark: I’m going to leave it as rumor for now. But it could happen in 3 minutes…or 2 days…we just don’t know the timing. But rumors are non-stop running hard. Samson Article: "UPDATE: Ministerial Conference Thirteenth Session Abu Dhabi, 26-29 February 2024 " Quote: "The National Committee on Iraq's Accession to WTO has made distinguished efforts to align domestic legislation and laws with WTO Agreements and have the technical requirements of accession fulfilled."
  6. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Question: "How is the development road project going to be funded at 1310?" The development road project is not the world's largest project. It's not even in the top 20. But it is a very expensive project...Pay close attention... Article quote:"This year's budget is Iraq's largest at 198.9 trillion Iraqi dinars, about $153 billion based on the exchange rate. The 2024 and 2025 budgets will be the same unless the cabinet requests any changes and parliament approves them." This budget has already calculated...What did it say in the article? 'With the current exchange rate. And what is the current exchange rate? 1310 dinars per dollar. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani did a speech putting economic and banking reforms as a major priority. FRANK: I'm all for it! ...All of their efforts of their energy is directed to the success of the monetary reform first that will then bring success to the economic reform...This sequence cannot be reversed...Your day is coming. Walkingstick When you see the prices in the market of Iraq start to drop, get excited. They would be parallel to the exchange rate.
  7. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Prime Minister: The government has placed the issue of economic and banking reform among its most important priorities" MarkZ Comment: I am of the belief if they reinstate to pre-war rate…it will be at $3.22 Mark: I am of that belief as well. I think that is their minimum...I do not expect a wild or crazy float. It is not good for their money if it swings wildly. But to me it’s looking like it may be one BAM then done for a rate change. Militia Man Everything we've been seeing in the news...is quite intense in respect to a lot of the things we've been talking about... Article: "Iraq's Minister of Trade: We seek to join the World Trade Organization and expand our economic relations with the world" That's pretty bold. Quote: "...Iraq is now able to enter the global trade market through the organization on a large scale." There you have it...That is a massive quote.
  8. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Wed Vinterv Article: "Iraq has completed requirements to join WTO" Quote: "...Minister of Commerce of Iraq, has confirmed that Iraq has completed the requirements to join the World Trade Organisation (WTO) after completing economic reforms and improving the business environment."
  9. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Back in 2005 Dr Shabibi said 'We aspire to bring the IQD back to the glory days of the 80's and 90's' Article: "The dinar and its three zeros - is it time to symak the dinar and return to the dinar 1980?" Dr. Shabibi, it's done..! Militia Man Article quote: "...Because accession represents and urgent priority the government seeks to meet its requirements.." Urgent priority...Whether they do it this week or not is going to be determined but I tell you what, it sure is looking like they have come a long way. This is a big set of [WTO] meetings. Walkingstick The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back... Clare Article: "The Minister of Commerce discusses in Abu Dhabi with the World Trade Organization the completion of procedures for Iraq to join the organization” Quote: “The organization is looking forward to and following the steps for Iraq’s accession carefully, given that Iraq is one of the important and powerful economies that is still outside the organization, and that Iraq’s presence within the organization’s membership will be a great added value to the organization and to the global economy.” Frank26 [Iraq boots-on-the-ground report] FIREFLY: Talked to bank friend. He said ever since July 2023 Alaq has said the deletion project is still in effect. He said there's a lot going on with this process and the joining of the WTO this week could see some type of announcement. My bank friend thinks the dinar will be stronger than it was in the 1980's. The article made it very clear that it will be. We are still stuck at 1310...we'll take $1.30. FRANK: I know it's been since last year this project to delete the zeros has been going on but the beauty of it is that it's been going on! It's real. It does exist. It's not fictitious. Your currency is very very close to having value added to your Iraqi dinar. [Post 1 of 2] 2-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: You citizens need this because they took the dollar away and all other foreign currency away from you...And they took almost 97% to 98% of your three zero notes off the street already. They created this giant void in your monetary structure so they could fill it in and present to you the lower notes with the new exchange rate that would match it...Your bank friend knows something is happening...IMO that is quite an improvement in the landscape of your economic and monetary reform. [Post 2 of 2] MarkZ The World Trade Organization and the IMF and World Bank are there working with Iraq for the last week or two. The WTO and Iraq are still talking about Iraq’s ascension to the WTO. Iraq has met all the markers and goals…so we are waiting on that news. Sandy Ingram Iraq and Turkey have an agreement where people and cargo can begin travel...up through Iraq...into Turkey and...into the Mediterranean Sea, which will allow...faster access to Europe. This project is expected to increase Iraq's GDP, provide thousands and thousands of more jobs and kickstart Iraq's economy foundation outside of the oil industry. Samson Article 1: "The Minister of Commerce discusses with the Director of the International Trade Center the formula for joint action and support for Iraq to obtain membership in the WTO" Article 2: "For the first time in 20 years...Iraq participates in the Ministerial Conference of the World Trade Organization" Militia Man Article quote: "Deleting the zeros...does not conflict with its value but needs educational campaigns to proceed it and a traditional period for trading the currency with zeros and the new currency to know the two currencies are equal in value." If they are going to be equal in value...a dinar is a dinar is a dinar. A dollar is a dollar. When it comes to an international stage a dinar is not a dollar, nor is a dollar a British pound or a Japanese yen. There's a difference in value. Are they one of each? Of course they are...But are they valued the same? Absolutely not... Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON! Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
  10. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON! Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
  11. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI came on our TV Channel One financial channel and the government is saying saying there are no liquidity issues...FRANK: He is trying to explain he has full control over the American dollar inside of your country... Militia Man Article: "The Central Banks show that the amount of printed currency decreased by 1trillion between November and December 2023" They've been reducing their money supply for 20 years... They're telling you specifically they have been, in the trillions... Less supply means more value...They've been doing what we said they were doing. They've reduced the note count. We're going to see what the accurate numbers are, and we're probably going to see that in the valuation of the Iraqi dinar. Goldilocks Article Quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in... The capital, Abu Dhabi,” Iraq is currently participating in the World Trade Organization. Their potential membership is moving forward. As a full member of the WTO, they will need a rate to fully participate in this inclusion. This is truly a monumental achievement for Iraq and something the world has been waiting for for a long time. ...There are high expectations that full acceptance into the WTO for Iraq will happen during this meeting taking place...
  12. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "The Prime Minister of the Kurdistan Regional Government arrives in Washington on an official visit” MarkZ Article: “For the first time in 20 years, Iraq participates in the Ministerial conference of the World Trade Organization” Including the completion of the requirements of Iraq’s ascension to the organization!! And joining the multi lateral trading system. This is a big one… Pimpy The deletion of the zeros is not off the exchange rate...I've showed you in writing. Nader From The Mid East Article: "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..." Very good news, IQD decreasing. Wow. Paulette IMSO...now that the Federal Court ruled, the Oil and Gas Law is no longer needed. The court wrote the entire Oil and Gas Law in one decision. All government employee salaries are paid through Baghdad and all oil and non oil revenues of Kurdistan go to the Federal government. Nothing more to say or agree to. "Binding and Compelling". Frank26 [Iraq boots-on-the-ground report] FRANK: The GOI and the CBI came out and told you Iraqi citizens they are forming a committee to reprice your products in the markets...We told you once you see them start to do this repricing of items inside of Iraq's markets to get excited. IMO this is the precursor to your new exchange rate...things are very exciting right now. Your bank friend will be talking to you very soon. Militia Man Question: "Does deleting the currency zeros affect its value?" Of course it will. Quote: "Currency zeros do not conflict with its value." Of course it's not going to conflict. You delete the zeros, is that a conflict? No. It brings purchasing power. If you deleted the zeros and there was no gain that would be a conflict. How are you going to tell people for all these years we're going to get purchasing power and then you do a LOP and there's no value difference? MarkZ Now over the weekend - this is where it gets fun…There was a lot of conversation and many stories about needing to have a committee for “repricing”... Why do they need to reprice? Maybe they are getting ready to change the value of the dinar? This is HUGE. And they were very up front over the weekend on “Removing the zeros” and this process provides more purchasing power…they call this the “mechanism to delete the zeros” This process requires increasing purchasing power when deleting the zeros…this was a huge weekend...As they increase their value they need to update their bills including the lower denominations Walkingstick IMO the monetary exchange rate has been monitored to deal with internal inflation in the country of Iraq. The RV phase of the monetary reform brought forth all the calculations in order to succeed with the citizens first...Therefore when they reprice the market in Iraq get excited.
  13. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article Quote: "the prevailing proposal is to replace every thousand dinars of the current currency with one dinar of the new currency...The deleting zeros can achieve many benefits, the most important of which is getting rid of high inflation pressures on the economy and restoring confidence in the national currency and the monetary system as a whole, facilitating accounting processes and cash exchange between citizens, and reducing the cost of managing and maintaining the monetary block by reducing its volume under circulation" Frank26 Article: "The dinar and its three zeros - is it time to symak the dinar and return to big about 1980?" So you want to return the dinar to the 1980's? By 1971, '72, '73, the Iraqi dinar on the international market was $3.778. Then...it was reduced on purpose to $3.2169 in 1980. Militia Man They're talking about deleting the zeros again...We're not talking 1, 2 or three articles... Article Quote: "The issue of deleting the zeros and splinting the dinar has become a topic that causes a lot of reflection and controversy in economic circles..." If you go from 1310 to something back to a 'previous era'...is a big move...Article Quote: "When this is done correctly we can expect...a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980."
  14. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON tlm724 Article: "For The First Time In 20 Years...Iraq Participates In The Ministerial Conference Of The World Trade Organization" Quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization...pointing to “the completion of the requirements for Iraq’s accession to the organization, which is the completion of the files of trade in goods and trade in services within the timetable for joining the global multilateral trading system.”
  15. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Article quote: "...the prime minister's...advisors do not have any information regarding the amount of the read and expected deficit in the 2024 budget. This mater is completely closed until the moment exclusively with the Ministry of Finance." Parts of the government do not know yet what is coming. Why? Because they don't have a need to know... Article quote: "...no one know what they include... numbers and details." No one knows until the last moment. Why? Because they need to keep it tight to the chest.
  16. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Article: "Trade: Forming a committee to price foodstuffs, limit their rise, and exploit crises" THIS IS WHAT WE TOLD YOU TO LOOK FOR NEXT...Alaq has formed with his cabinet a committee in order to do the repricing because it will be required with a new exchange rate. What is the conclusion of all this? I'm excited. I told you, you should be too.
  17. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Question: "I appreciate you saying Chase and JP Morgan but is there a problem with Bank of America or Merrill Lynch?" Who said there was? You want to go to BOA and see if they can hook you up with Merrill Lynch? Go for it...I told you there would be many banks. If you don't like this one go to another bank. There will be many places you can go and exchange to. Samson Article: ”Al-Sorgi: The Federal Court’s decision will accelerate the legislation of the oil and gas law" Not much this afternoon either...!
  18. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Community Comment "...Nothing is going to change until Trump is back in office period..." Funny how people really feel if Trump gets in office then it's going to happen for sure, which it might be a possibility but we thought that last time. Nothing happened. But keep your fingers crossed, we're going to find out very soon. Jeff In March the UN will be submitting their official,'We're done', 'we're ending our mission in Iraq' report to Iraq...After Iraq has revalued is when it gets submitted and turned over to the Iraq government... Frank26 Article: "In support of the Iraqi dinar Watch.. Forces roam the streets of Najaf and review store records in search of dollar transactions" They are going door to door...THEY ARE GOING TO BUSINESS TO BUSINESS, TO RETRIEVE EVERY DOLLAR FOR THE INTRODUCTION OF LOWER NOTES. You're shrinking the market dollars so they can be closer to the official exchange rate so you can get a 1 to 1 which will cause it to float in the international basket so you can add value to your currency...
  19. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Who do the [new lower note] samples belong to right now? Only the banks, not the citizens. That will happen. It will be on their television, but not yet though. Sandy Ingram The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar. Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady. MarkZ Article: “The Sudanese received an official letter from America regarding the scheduling of the end of the tasks for the international coalition” We believe this is the final step for Iraq to become fully sovereign and increase the rate of the dinar. They didn’t give a date but imply its sooner rather than later. Clare Article: "Al-Sudani is making an upcoming visit to Washington" Quote "The two sides discussed the files that will be raised during the Prime Minister’s upcoming visit to Washington, and the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard,” Walkingstick [Iraqi bank friend Aki update] The training with the specimen sheets is a daily continuing thing...We don't know if it's going to be the DeLaRue machines or a completely different structured machine because the new security features on the new small lower notes are not recognizable on the old DeLaRue machines. Aki is working with new sorting and counting machines [Not the new DeLaRue machines]...These machines [New DeLaRue] will only be used inside of Iraq. Aki has no need for these machines...Chase's JP Morgan who buys and sell currency around the world would also have these new machines. Frank26 The U.S. dollar is going down in value this week, which means your currency [Iraqi dinar] is going to go up in value. The only way for that to happen is with a new exchange rate and the lower notes to match it. IMO you're going to see the dollar go up before it is finally removed and irradiated one last time... MarkZ No, The RV is not dependent on the collapse of the stock market. But, many of us believe the collapse of the stock market will force the RV. Pimpy Community Comment: "Thanks for the let down once more that Iraq will never RV." I never said it would never RV. Never. In fact I'm the one that said it's going to go up in increments. Jeff Why the timing of the rate change has anything to do with a budget period? Here's why...Countries calculate their budgets off the value of the currency. In order for them to approve a budget, whatever currency value they're going to utilize has to be released publicly...That means the rate has to change before the budget can be approved...Kuwait changed their rate on March 24th of 1991...before their April 1st budget period. It's that simple. Militia Man Saudi Arabia helped Iraq with about 15 years of negotiations [with the WTO] in one year...Iraq [at that time was at "observer" status]...Being an observer you have the ability to have accessions. Am I waiting for them to have accessions before they have an exchange rate? No I'm not. But the fact that they're getting to that stage shows the world's expectation is ...the cat's out of he bag. Frank26 Article: "ACCESSIONS 12th China Round Table on WTO Accessions ARAB PERSPECTIVES ON WTO ACCESSIONS AND THE MULTILATERAL TRADING SYSTEM" I love the word ascension... WTO...Can you tell me who you are ascending in the WTO? Article Quote: "Algeria, Comoros, Iraq, Lebanese Republic, Libya, Somalia, Sudan and the Syrian Arab Republic are in the process of Article XII accession". This is a lot for the monetary reform of the Iraqi dinar that would bring forth the economic explosion reform of Iraq...This is wonderful. Mnt Goat Please just be patient! The reinstatement is coming and I firmly believe from what we now already know and are about to witness is a major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is about to get out of the sanctioned mindset altogether and return to common global banking practices of how they will be doing business with the rest of the world going forward. Frank26 The Untied States of America stopped using its 3 zero notes back in the late 1950's. But they're still in circulation. Nobody uses them. They were never null and void. They're actually a collectors item and worth a lot more than their face value.
  20. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Question: "There have been some references...regarding some Iraqi banks in the US, have you heard about any of thee banks on US soil?" Here you go: You have the Iraq National Bank that's in New York. Rasheed Bank that's in New York. North Bank that's Dearborn, Michigan, The Bank of Baghdad is in New York City, TBI Bank which is in Washington DC. These are the Iraqi banks that are currently in the US... Jeff What was the number on thing in the month of January Iraq kept stating in all the news articles? How they achieved critical stability. In order for Iraq, the number one thing they have to do is achieve overall stability, to be eligible to revalue. Article Quote "For Iraq to further continue on the path of stability and progress, an enabling environment will prove essential" She's stating Iraq is on a path of stability and progress and continuing in that direction will prove essential. Meaning allowing them to revalue the currency and get back on the world stage.
  21. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Samson Article "Al-Sudani: We received a letter from Washington agreeing to end the tasks of the international coalition" Sandy Ingram Iraq's tourism could easily increase to over 10 billion US dollars a year, comparing it with Egypt's tourism. Frank26 Article: "Finance: Completion of the implementation of the (QR) system for the validity of electronic receipts in various transactions" THOSE ARE MECHANISMS OF THE MONETARY REFORM... BEING REVEALED...If this system is complete then Iraq has what it needs to float, to go International, to knock on FX. That's what this is... Militia Man The amount of construction and all those things that we've talked about are not going to be affordable at 1310. They specifically did a tripartite budget which they haven't totally exposed yet...But notice the things they have done. They were in the UN assembly... Davos ...Munich and they were doing deals behind closed doors with all these different countries of the world...Middle East, United States, Great Britain and on and on and on...Are they going to be doing this to stay where they were before or are they going back to a previous era? 1169, 1182, 1460, 1310, they never went international with those rate...
  22. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Sandy Ingram The problem for people in the United States is no bank in the US will do any transactions using the Iraqi dinar. Until this changes we have to find other ways to pull our profit out of Iraq. We can do this. I found one way and will discuss it in a an upcoming [post]... Pimpy Community Comment: "Once the 3 zeros are deleted, establishing IQD's REER, then the rate will go up in increments." That's not what you want. You do not want them to delete the zeros before the rate goes up. If they delete the three zeros off your currency then your 25,000 dinar becomes a 25 dinar and then they raise the rate? That's not going to help you. We'll see what happens. Jeff Article: "Al-Sudani reveals the intention to end the political role of the United Nations mission in Iraq" Do you notice how they're talking about removing the remaining US coalition forces and the United Nations together at the same time? That's because Iraq's going international. The UN has chapter VII sanctions on Iraq and the US has OFAC sanctions on Iraq...Both parties need to remove their sanctions off of Iraq... They're discussing doing both steps simultaneously at the same time. Not coincidence. It's because Iraq's preparing to revalue and go international. Militia Man Article: "Government advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Is this the major announcement or a lead into one, that Salih told us about? If it isn't an announcement it surely is a good lead into one...Awesome news indeed.. International ships arriving, partnering with the private sector, integration with the global economy, compliance with with international standards. Surely we can all see the writing on the wall.. Yep.. Powerful.. imo Clare Article: "The Baghdad dollar faces a “major withdrawal” at the beginning of the week, but the exchange rate is stable" Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says the Baghdad dollar will see a huge drop beginning of week, however the exchange rate is stable? We don't know what it means. FRANK: What is a Baghdad dollar? It's the United States Dollar in Baghdad....That's the drop of the US dollar in the parallel market...Which means they'll try to get to 1 to 1...I'm not telling next we're going to have our blessing. I'm telling that next week they're going to do what they're saying.
  23. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat I will tell everyone who has been in this speculative investment for a long time, this couldn’t be a worst time to sell your dinar. I compare it to a severe storm. You must have the guts to weather the storm... when the storm finally does really end, it’s over and done and then you move on to a better life knowing you weathered the storm and received the blessings that come afterwards. The rewards are great. MarkZ Article: “Minister of Finance of the World Bank –The Government is determined to reform Iraqi Monetary policies” A lot coming out about all the policies of financial reform and restoring the rate of the dinar. Frank26 Question: "Will the exchange rate be the same in all banks?" Yes, that is a law. This is nonsense - 'I belong to the United Nations humanitarian program...I'm going to get $5 because I belong to that.' You're stupid or what? There's no such thing as dual exchange rates for one currency. It's against the law. Jeff Article: "Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Yeah, because they're about to revalue and go international...It is right in front of our faces...It's almost here. They needed the first quarter to prepare for it after achieving stability from the December elections. March is critical to us...
  24. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ Iraq has got a lead position in a number of committees etc…in the WTO. And there are meetings scheduled throughout the year. They have to be full members to do these so to me it is very clear we are about to see Iraqs ascension into the WTO in the very near future... Nearly every economist out there is calling for a new rate before that occurs... Jeff Article: "Observer: Ending the mission of the Untied Nations office in Iraq takes Iraq out of Chapter Seven". The UN exiting Iraq and no longer working with them automatically will lift and remove the UN Chapter VII sanctions. But keep in mind the UN will not be exiting Iraq until after Iraq has already revalued the currency. Iraq has to revalue before the UN will exit out.
  25. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Article Quote "...Iraq will return to being a strong economic player." If they're not a strong economic player at 1310 why would they be tomorrow? ...Iraq's not going to go international until they show us a Real Effective Exchange Rate. I'm looking forward to it. I think it's going to be powerful. Pimpy You're going to see, IMO, a slight increase in the exchange rate, probably within the first quarter of this year...I still feel in my heart there might be some kind of change to the exchange rate the first quarter of this year. It's not going to be anything major but it is going to be an increase. Frank26 If you take one of the new [lower] Iraqi dinar notes and you hold it up to the light you'll be able to see the safety features. The American dollar has about a dozen markers, the [new lower] Iraqi dinar has over 20 markers. The state of the art technology of security for toilet paper value? (also consider the cost to print these LD notes) No, that alone is an important aspect for you to understand...
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