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Showing results for tags 'b/s'.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man They need to have valuation for [their] assets. I think that's going to be related to an exchange rate, a real effective exchange rate. MarkZ There are a whole lot of folks that say all these things coming together means a rate change. I believe them to be accurate. Samson Article: “Baghdad Governor: There is a positive impression regarding Baghdad’s nomination as the capital of tourism for 2025" Frank26 Not every bank is going to be able to do this. Not every Chase Bank has the ability because maybe they're a mom and pop bank. Certain banks have been designated to do this. People don't realize there are places they can exchange. People are so scared, 'I don't know where to go.' When this thing happens it's going to be so hot. There will be plenty of large banks dealing with international bank transfers when this happens. Fnu Lnu Redemption Centers are nothing more than remote bank locations. There will be no contract rates unless you have a contract with private buyers pre-October 2011. Everyone will get the same rate due to the Law of One Price.
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Thursday Early Afternoon Opinions - 2:18 PM MDT - 6/27/2024
ronscarpa posted a topic in Dinar Rumors
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Question "What does the 'coming period' mean in Iraq time?" It means in the near proximal future. It means within arms reach. It means it's already happened... or they never would have telegraphed it the way they're doing now. That's just the way the Middle East is. An idiotic question with a very questionable and biased answer. Frank is so full of sh*t..! Guru Samson Article: "Central Bank: Cancellation of Paragraph (5/d) of the instructions and standards for circulation and replacement of banknotes, and the counting and sorting mechanisms" Militia Man They're effectively stating to everybody that they're going international. They're giving a laundry list of all the things they've done, are doing and in support of where they're headed. -
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 was told [by CBI contact] that NO insider, backdoor, international trading or otherwise was being conducted on the Iraqi dinar. If you hear rumors of otherwise it is all lies. Investors can come to the ISX and purchased Iraqi dinar at the “official CBI rate”. There is not yet the availability to trade on FOREX or any of the other foreign exchanges. Investors really can’t do much with the dinar at this time as in the west there are still US Treasury sanctions effective on the currency. MarkZ I am getting inundated with ... deleted because it was pure Clare Article: "Government advisor: Global indicators confirm that oil prices will continue to rise until the end of 2025" Quote: "the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, identified the most important economic gains achieved due to the rise in oil prices, pointing out that global energy market sources indicate that the current rise in oil prices will continue until the end of the year 2025" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on television saying the third strategy phase that we're in right now with the CBI... is a new methodology that will enhance Iraqi financial and banking reform which will make the bank stronger locally and internationally. FRANK: It's the new exchange rate and the lower notes. I believe the words Sudani is using with the CBI are words that tell the citizens there is a new exchange rate in the budget without saying those words directly.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables" Quote “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024..." MarkZ Question: Is it true people have started to get notifications? Mark: ...most of my sources have gag orders right now. Some have actual NDA’s, and some of them are being leaned on by leadership to not say anything. Especially with groups. With so many people being leaned on to stay quiet - I think this is fantastic news. With some contacts I am going straight to voicemail which means their equipment is turned off. To me this is an excellent sign. So it appears we are close to the finish line... my Iraqi sources seem to think so. PompeyPeter Where are we? Why hasn't he pushed the button? Ever, ever ever closer. If we look at what's in front of us, no citizens entitlements...no budget...no rate change that's why... We don't know what we don't know but if we anchor in the articles we have to realize our situation is fantastic... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Reported on our television...Part of the government delegation saying we will witness a rapid drop in the dollar in the coming days. FRANK: Whoop there it is! ...They're about to put up those screens to show you the lower notes when Sudani returns... Samson Article: ”After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings" 4-17-2024 Newshound Guru Pimpy There's more than just paying attention to what's going on in Iraq. When your own country is trying to provoke World War III it makes it a little hard to focus on whether or not the Iraqi dinar is going to revalue... You've got Iran bombing Israel. We're just waiting for Israel to retaliate. That's just going to provoke things even further along. We'll see how things play out. Don't assume anything Pimple..! Militia Man They just said they're going to decrease the value of the dollar, which doesn't make any sense. How is Iraq going to decrease the value of the dollar? The only way they can do that is if they increase the value of their currency because the United States dollar is the most prolific currency in the world. The volume traded is the largest in the world...Obviously, the reciprocal is the same thing - increasing the value of te IQD against the USD. Wolverine “My Contact confirmed that there was a “pause” on everything because of our safety. But it was lifted. She said this is the closest we have ever been. She doesn’t want to give dates. But things can go any moment. Keep watching Iraq – big announcement coming soon.”... Clare Article: "The Sudanese advisor expects the dollar to decline after the Washington discussions” Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing the CBI governor and team is meeting with the United States of America Treasury Department about the Iraq banks saying it's about the rehabilitation of these banks to the United States Treasury regulations. Talking about those banks are needed for the reform to maximize. FRANK: Didn't I tell you these 28 banks are the key part of the reinstatement? But that would be internally. Externally that's like Aki [Walkingstick's banking friend in the U.S.] and the private banks. Mnt Goat I was told by my CBI contact that the currency swap out will happen as they will not hide this event and must inform the citizens (education process...). Yes, they also have to explain the exchange swap-out process and how it will work along with descriptions of the newer lower denominations. The CBI will then post those pictures of the lower denominations my contact told me were taken weeks ago. So, just wait and watch it all play out... You should be excited - with FACTUAL knowledge... MarkZ We know Sudani right now is traveling all over the US. We know people are positioning …and everything coming together is to me – very important.. I originally thought Sudani was going to do it before he came to the US…. but now that I know the bond schedules - it makes more sense to me that they do it when he gets back to Iraq, I cannot imagine him not wanting to be in country for 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... So, take everything with a grain of salt ... RON Fnu Lnu Some opine that there is no such thing as a Redemption Center while others claim to be in contact with such Centers and their personnel. What they (redemption centers) are, is a simple solution to a simple problem. Many of the large banks in heavily populated urban centers were concerned about having the Dinar traffic clog their lobbies at exchange time. The solution is to have a separate, off-premises, specialized, Exchange Center, complete with DeLaru computers, in the most populated city in each of the 10 federal regions...I haven't been informed of any changes. Just say what they are - BANKS, without making up a story. MarkZ We got another bank story overnight from a wealth manager who is reaching out to clients saying “It is time- get everything prepared ” He means to get currency together and make certain they have ID’s updated if needed. He says they are at “Any moment now”. To me this is really encouraging as a lot of these stories are from bank personnel who used to say…”It’s a scam-don’t do it” when asked about buy foreign currency. Now they are telling me “you were right all along and get prepared”...we will not know the exact timing or the “when” until it actually happens. But they are now openly preparing many of their clients. We are hearing more and more repeat stories about this. But being leaned on hard to not share details right now. Pimpy I want to make myself perfectly clear - Deletion of the zeros, Lopping or redenomination are all the same thing. All they're doing is changing the face of the bank notes. That's it. An increase or decrease of the Iraqi dinar against other foreign currencies is a change in the exchange rate. That's different. And NONE OF US knows for sure what Iraq is going to do..! Militia Man The 2024 Word Global Summit... Article "Al-Sudani cancels his visit to the Emirates and apologizes for it" Why did he cancel? Why did he not go to a World Global Summit? ...all the other countries...180 are all there. Sudani didn't show up. There's got to be a very important reason why he didn't... Article Quote: "The Minister of Finance participates in the session of the World Government Summit in Dubai.." And Sudani didn't go...He stayed home, he talked about his borders...armed forces...his people...Why? He had to apologize for not making it. There has to be a very good reason I would think. We're going to find out what that reason is...Soon I hope.. 2-13-2024 Intel Guru Frank26 IMO when you see the prices in the [Iraqi] markets start to drop, get excited. Goldilocks Article: "Viet Nam’s exports surge 42% in January" Quote: "Viet Nam’s exports reached nearly US $33.6 billion in January, a 42 percent surge over the same period last year and the highest level since April 2022...The increase in their goods and services will begin to increase price pressures on their currency to meet these demands through digitized payment systems."
