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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 8-26-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on TV and he said our currency reserves are strong, the strongest they've ever been in our history and this is what is supporting the dinar of our country. Our inflation is low due to the CBI efforts and we are in the best shape ever. FRANK: I agree. The banks are in the best shape ever...and that's because of what the US Treasury just did. They are now in position for a new exchange rate to work with the banks that have established an international and internal relationship...This is all very good for the new exchange rate. 8-26-2025 Walkingstick [Iraqi bank friend Aki update] Aki does not see a rate and then lower denoms later. He sees them both at the same time. 8-26-2025 Jeff Remember US personnel won't be out of there till September 15th, meaning the buildings have to be vacated. It's called sovereignty. We have to pass that security baton and that control baton back to the government of Iraq. Once we've got the sanctions lifted and we're out of there. But we're not out of there till roughly September 15th. So the rate would change sometime after that, not before. 8-26-2025 Guru Nader From The Mid East There's nothing to do anymore. The economy is booming, start going up. They doing a lot of things for youths or people who want to start business. They talk about purchasing power. A lot of changes. It's amazing what's going on. This month of August has been amazing. I see a lot of good things happening. 8-26-2025 Fnu Lnu Article: "The Central Bank of Iraq (CBI) has reported a significant increase in its gold reserves..." A couple of things are going on here. When...Bush...failed...to locate and steal Saddam Hussein's gold cache, the Iraqis patiently waited to repatriate their own gold hoard. This is what they have been doing. They regularly expand their gold reserves yet I can find no records of any International gold purchases. That's because they aren't purchasing it, they already own it. They are incrementally reinserting their stash into the reserve, BECAUSE THEY NEED IT! Because they still do not have the needed revenue in hard liquid assets to pull off a currency revaluation. They are very resourceful and they are getting the job done but not as fast as we wish... 8-26-2025 Militia Man If Iraq has reduced the note count as big as I think they have, which they haven't exposed yet, all these things are coming together and it's powerful. Note count reduction will be reflected at some point in a real effective exchange rate. 8-26-2025 Clare Article: "Al-Mashhadani rejects the inclusion of the Popular Mobilization Forces law under American pressure" Quote: "The Parliament Speaker rejected the request of more than 160 MPs to include the Popular Mobilization Forces Law in the parliament session, after receiving orders from the US embassy in Baghdad to prevent the passage of the law, despite the desire of Shiite blocs and some Sunni parties, for the goals he described as exposed.” 8-26-2025 Frank26 IMSO Iraq's financial system is done. IMSO It is the United States of America's financial system that is acting up with Iraq's financial system. They are waiting on the United States of America to catch up with them. IMSO the CBI accepted all of Iraq's reforms on August 19th. What are we waiting for? I have no freaking idea. It's our turn to make the move on the chessboard of the monetary reform for Iraq. 8-26-2025 MarkZ Article: “Central Bank Governor: We are witnessing external transfers of all major currencies with high flow”. Banks are operating as sovereign international banks.
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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 8-25-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh the advisor to Sudani used to be the second man at the bank under Dr. Shabibi. He knows the business. He is on Iraq's Channel One news saying we are creating a financial committee to help Iraq to get ready for the global market. This is a "wow" global meeting, it means international. We know all of the American troops will be out by the middle of September also. 8-25-2025 Walkingstick When they shut the auctions down they revered to using 4 currencies through their adjusted auctions...But now they are telling the Iraqi citizens they are expanding to almost all currencies in the world. They will be run by the banks in Iraq for large scale trade. Ladies and gentlemen the global world is showing trust in Iraqi banks...This is really really good. 8-25-2025 Militia Man I'm not a professional adviser. At the end of the day, you, me, all of us will need advice because the bottom line comes down to is, 'What do I do next?' 8-25-2025 Clare Article: “The US accelerates the withdrawal of its forces from two bases in Iraq, ahead of schedule." Quote: "Informed sources revealed...the United States has decided to withdraw all its forces from two military bases in Iraq...The withdrawal of international coalition forces from Iraq is one of the government's achievements and an indicator of Iraq's ability to combat terrorism and maintain security and stability without needing assistance from others." 8-25-2025 Pimpy Article: "A new deadline for Iraqi banks to lift sanctions" That's not the kind of thing you want to hear. You want to know Iraq is doing everything possible to get sanctions removed. 8-25-2025 Jeff Article: "Prime Minister Advisor: Forming a team to improve credit rating is a step towards comprehensive economic reform" Quote: "and preparing Iraq for more effective global financial integration." Integrating into the global financial world, right there in front of all of our faces. Improving Iraq's credit rating and implementing the banking reforms prepares Iraq for global financial integration. Can you say rate change? Doesn't get any more clear than that. 8-25-2025 Paulette Article: "Iraq is now in an advanced position to join the World Trade Organization" Progress, but long way to go. They are going to have to really work to make it in time by the next Ministerial Conference March 26-29 or will be waiting until 2028 to be voted for full accession. I posted last year that Iraq will be lucky to make it for a vote in 2026. They certainly appear to be trying. 8-25-2025 Fnu Lnu Iraq still needs to pass and finalize several key legislative reforms to fully meet WTO accession requirements... The main remaining legislative reforms include: Customs Valuation Legislation: Technical Standards and Sanitary & Phytosanitary (SPS) Measures: Foreign Investment and Services Regulations: Trade Remedies Framework: Tariff and Pricing Controls Reforms: Institutional Strengthening Laws: Aviation and Port Services: Legislative Lock-ins and Fast-Track Processes.
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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 8-25-2025 Fnu Lnu Article: "Central Bank of Iraq (CBI) Governor Ali Mohsen Al-Alaq and the CBI's specialist team have met with consultancy firm Oliver Wyman to review the Iraqi Private Banks League's comments on the national banking reform plan." The wheels are turning and progress is moving at a steady but slow pace. Iraq has one shot to get this right and this is why they are moving so painstakingly slow. 8-25-2025 Clare Article: "Forming a team to improve credit ratings is a step towards comprehensive economic reform" Quote: "Sudani's directive to form a joint national team to improve Iraq's sovereign credit rating is not merely an administrative step, but rather a clear declaration that Iraq has entered a new phase of serious and systematic economic reform... The national team's tasks will be at both the national and international levels, and will focus on strengthening international confidence in the Iraqi economy, which will open the door to financing and investment" 8-25-2025 Pimpy Article: "America rushes to withdraw its troops from two bases in Iraq ahead of schedule" Trump wants to end that never ending war over there. Trump wants to end all wars...Trump sincerely wants peace around the world if he can have it. He's already settled six wars...I'm really pulling for Al-Sudani. I'm really hoping these people can prevent terrorist uprising. We don't want to go back to the caliphate. Iraq should do a good job. 8-25-2025 Jeff They told us the US personnel will be out of the...Green Zone Baghdad are by September 15th, not by the end of September but by Mid-September. That's very important because when they go to revalue, we've got to give them their sovereignty. Basically we've passing the security baton over to the Federal Government. What's happening in the month of September is very critical. 8-25-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Our president came out and spoke about how he backs the CBI's efforts and he wants the dinar to be strengthened. He talked about the exchange rate of our currency. He explained to us, he said, some like to see increase for the Iraqi citizens. FRANK: Wow are you freaking kidding me?! FIREFLY: That was one of the presidents here in Iraq. He's the one telling us the monetary reform is real. FRANK: I love it! ...You don't have to answer to America or anybody else anymore and neither does your exchange rate.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 8-21-2025 Sandy Ingram The government in Vietnam likes to keep things stable. They control the currency very carefully. While the country is a great story, don't expect the dong to suddenly shoot to the moon. It's a long-term play, not a get-rich-quick scheme. Then you have the Iraqi dinar. Could the dinar get much stronger? Yes, it's possible. Iraq has a ton of oil and that's a huge advantage. If the country can keep its politics stable and build its economy, the dinar could be revalued. But it's a big gamble. The situation in Iraq is very complicated and uncertain. 8-21-2025 Paulette [Response to Clare's 8-20-2025 Trump quote article andJeff's 8-20-2025 Trump Interview video post] I believe based on relatively recent articles, the amount is now 37 billion - this is the DFI Fund. 8-21-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We think the rate will show in September because the elections will be in October. Sudani can give us a new rate right before the elections and we will vote for him. This will be a brilliant move for him. 8-21-2025 Walkingstick Question: "You pointed out that it used to be 183 trillion [dinars in circulation] two years ago, last year it was 100 trillion but right about now where do you think the 3-zero notes are out there inside of Iraq?" IOO we believe they are somewhere around 30 to 40 trillion dinars which can be done in '26, '27, '28. It's an ongoing process. America still have 3-zero notes that have not even been considered null and void yet. We came out with these in the 50s when our economy exploded. We got rid of 3-zero notes ourselves although we didn't cancel them. There is still a 500 note, a $1,000 note. It's not in circulation. 8-21-2025 Mnt Goat Today there is cause to celebrate but also to caution us investors. We must remember that there are political motives behind the scenes working within Iraq but also at the same time, the Central Bank keeps moving ahead with the financial reforms and its goals of financial freedom for Iraq. It is a growth process for Iraq both politically and economically. To hit the world stage again is an uphill battle but I am confident that Iraq is meeting the challenge and will soon emerge as a financial giant. 8-21-2025 Pimpy Trump Interview Quote: "We have $35 billion of their money right now sitting in an account." He didn't say "the Iraqi dinar". He said of "their money". What he's talking about is when Iraq sells oil, the money doesn't go to Iraq, it comes to us and we put it in this account. That's the money he's talking about. We have $35 billion of their money. Not the Iraqi dinar. He didn't say we're invested in the Iraqi dinar. He doesn't say we bought 35 billion of their dinars. He didn't say anything like that. I don't know why people use that video as a way to prove we have 35 billion Iraqi dinars. We don't. [See Trump's interview video below...Jeff 8-20-2025] 8-21-2025 Militia Man Global integration into the international financial system is taking place. When is that going to be physically done? We're going to have to wait and see. That's...the powers-that-be's job in conjunction with the central bank and the finance ministry. Let's watch and see what happens. 8-21-2025 Fnu Lnu It is my opinion that if an RV is to occur, then ALL Iranian loyalists must be purged from the government and banking sector permanently, otherwise, we will see no RV any time soon. 8-21-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy's friend [an economic advisor for years] says...The three zeros will not come off the currency...the three zeros is coming off the rate. FRANk: They're giving you the definition of the explanation so you don't have to be fearful. It's not coming off of the currency. It's coming off the exchange rate...I've known all along it won't be a lop. 8-21-2025 MarkZ Article: “Baghdad and Erbil on the threshold of a historic agreement: Oil, Salaries and Non-oil revenues nearing conclusion” There were some real breakthroughs [Tuesday]. I guess my Iraqi sources were correct on Monday when they told me to expect a big Tuesday. They are working on mechanisms and even working on a budgetary change to facilitate the HCL law and oil coming out of the Erbil region. 8-20-2025 Frank26 Trump gave them until the 31st to fix their monetary reform policies, process...If not, they're going to liquidate. They're going to disintegrate a lot of the banks in Iraq. Trump ain't playing...That's why we see what Trump is doing with many currencies around the world. You talk about the lynch pin. You talk about the first domino. I sincerely think it's 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... So, take everything with a grain of salt ... RON 8-18-2025 Walkingstick It is impossible for the monetary reform to go global at 1310...The speed that Trump is going does not allow us to think that slowly. The monetary reform is moving at a very quick pace not at a slow pace due to Donald Trump. 1310 is the slow pace we have seen for years now...It is no longer a secret to anyone at this point. It cannot be a secret in order to release the new currency, the lower notes. 8-18-2025 Clare Article: "Al-Sudani's advisor identifies the reasons for the decline in the dollar exchange rate." Quote: "The Prime Minister's financial advisor, Mazhar Mohammed Saleh, outlined the reasons for the decline in the dollar exchange rate and...pointed out that the expected economic impacts can be monitored as follows: First, on the economic movement, which is represented by: (a decrease in import costs and an increase in purchasing power, strengthening confidence in the Iraqi dinar and stimulating local investment, and a revival of domestic commercial activity as a result of lower operating costs, and second, the economic impacts are...most notably a decrease in the prices of imported food and medicine, and a reduction in inflation...as well as improving the purchasing power of citizens," 8-18-2025 Militia Man Article: "Rafidain Bank confirms: Our agreement with K2 Integrity puts Iraq on the map of the global financial system." The focus on a qualitative leap is likely due to the efforts taken by Iraq regarding compliance, anti-money laundering (AML), counter-terrorism financing (CML), etc. Iraq will not be isolated banking wise from the international system any longer. K2s partnership supports that Iraq is going to make a change to its currency. Completion looks to be set for show time. 8-18-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq...again mentioned 80% of our currency is held outside of the banks of Iraq. He's throwing hints out there that he wants them back. We all know they going to need to change the rate to get us to bringing the notes in. FRANK: The 3-zero notes they keep talking about that are still outside of the CBI, that is correct. The simple, logical, the only solution to that is to raise the value with the new exchange rate with purchasing power. That's all there is to it. It's not complicated. It's not rocket science. Give us the freaking rate, you can have all the notes! 8-18-2025 MarkZ Out of Iraq we have some NEWS: ...they are working with Turkey to expand transit of oil and natural gas. They are clearly setting up for massive expansion. They are also working with Syria on pipeline deals.
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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 8-14-2025 Clare Article: "The Iraqi government denies allegations of its intention to devalue the dinar against the dollar" Quote: "Saleh said Iraq's exchange rate policy is a contractual one between the Ministry of Finance and the Central Bank of Iraq, given that the reserves supporting the Iraqi dinar reinforce the external value of the currency." This means that the dinar, backed by foreign currency, comes from oil revenues. He considered the policy of devaluing the dinar to be dangerous and not easy, while the state is constantly working to raise and improve the value of the dinar, not to devalue it. 8-14-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: More nasty rumors by Iranian-backed politicians. They're saying Iraq is going to devalue the dinar to the dollar. Saleh is saying this is not true. FRANK: If they're telling you your currency is going to be devalued, then you can be rest assured...guaranteed. You can have great confidence that it is the complete opposite. They're going to add value. Exactly what they said two days ago. That's what Iranian influence does in your country. 8-14-2025 Yada Different circumstance with Vietnam than with Iraq. Vietnam economy was suppress with China controlling it. Iraq was suppressed under dictatorships but now they are the answer to the international community...they cannot stay at 1310 to 1 dollar and do all of they plan on doing for the Middle East.
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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 8-13-2015 Clare Article: “Great stability in the Iraqi market and inflation falling to less than 3%" Quote: "The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed...This remarkable decline in annual inflation rates indicates that expectations related to the exchange rate are moving toward calm and stability...The parallel currency exchange market has begun to clearly follow the official market, and this trend is expected to continue until the end of this year, based on current economic data." 8-13-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq on TV saying on the news conference that 80% of our currency is held outside of our banks. It's no longer an issue with what we hold inside of Iraq. FRANK: The only way to get that 80% back is by lifting the value or your currency.
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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 8-12-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani came back on television and he said the banking reforms will raise the value of the Iraqi dinar. FRANK: Last year he said before the end of the year your currency will have purchasing power and it will have value added to it. It didn't happen...Then in January of this year, who became president? All we needed was a new president. 8-12-2025 Pimpy The thing that makes me nervous is crude oil $66.82 per barrel. I'm a little nervous about that. We got to remember it's got to be around $84 per barrel. Hopefully things will rebound for them. 8-12-2025 Samson Article: "The US State Department: Sanctions are likely to be imposed on Iraq if the Popular Mobilization Forces law is enacted." '8-12-2025 Militia Man You're going to have to disclose data and that data is going to be scrutinized. It's going to be looked over, "Know your customer" and all of that...It's going to be important for every one of us that are investors to be able to...be able to have accurate reasoning why all of a sudden you have a lot of money. Banks are going to be checking that. You were making $10, $20, $30, $40, $100 bucks an hour then all of a sudden you've got a lot of money? They're going to be skeptical and want to know why. Be prepared for that. It's just the way it is. 8-12-2025 Walkingstick Sudani, Saleh and Alaq are the only ones we want to hear from concerning the monetary reform because these are the three that are shoulder to shoulder on monetary reform. Their actions have supported and proven this to be true. There are no secrets in the monetary reform. There is a very big push not just from Trump but from the international community to cut Iran out of the monetary reform process of Iraq. 8-12-2025 Frank26 Firefly, don't you love it when you see Iran influence in your country be squashed by giving them a bloody nose? Of course they're angry. They don't have the power they used to have to steal your money from the CBI. They can't steal it from contracts...your businesses in the black market. They are beyond angry. They are not invited to the party of your monetary reform. That's why you have security and stability that we needed. The new exchange rate is here. The flag has been planted. Watch what happens by the end of this month with President Trump.
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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 8-10-2025 Fnu Lnu Iraqi Law Report: "The new law authorizes production share agreements (PSAs) which guarantees a profit for foreign oil companies. The language goes as follows; The central government distributes remaining oil revenues throughout the nation on a per capita basis. Iraq's constitution allows governorates to form a semi-independent regions, fully controlling their own natural resources." Discussion continually arises on the subject of the HCL (Hydro-Carbon Law) and debate surrounds the issue of the PSA's. The central government distributes remaining oil revenues throughout the nation on a per capita basis, meaning, per person or by head count. [Post 1 of 2] 8-10-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see the evidence of what the United States is doing right now in Iraq. We saw the evidence of the reforms, but now we see the evidence of your president. He seems to be involved in the things that are being done here in Iraq. 8-10-2025 MarkZ There is a big clean up going on in Iraq. ARTICLE: “Sudani announces the dismissal of 41 directors general and the referral of 4 ministers to the judiciary” These are people in government positions hired to do jobs that they were not doing. Money was disappearing and there was incompetence and corruption. Sudani is cleaning house…and the timing is pretty important here. There is a mass push from Kurdistan and the government to clean it all up right now. Possibly (I hypothesize) before the reset. There is a sudden concern to clean up every single piece. There are many solid rumors that they just destroyed 62 trillion dinar. And there is a shut down and control of all financial borders that has happened this past week. This is all exciting in my book. 8-10-2025 Mnt Goat ...we must remember that in the midst of the political issues facing Iraq the Central Bank is continuing to move ahead and further its preparation for working yet even more closely with the global financial arena.
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Saturday Early Afternoon Opinions @ 2:45 PM MST - 8/09/2025
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 8-9-2025 Fnu Lnu Article: "The Ministerial Council for the Economy has approved a proposal by the Ministry of Trade to establish a 'Global Gold City' in Baghdad" Iraq is still working on expanding domestic non-oil revenue streams and this idea mirrors that of India who has been quite successful with it. 8-9-2025 Militia Man Iraq has all the natural resources. They have what's called inputs and outputs. They're going to make money coming and going. That's the way it works. Iraq is very fortunate to have her natural resources to be able to pull this off. The world knows that, especially the stakeholders who have been doing this for over 20 years. You've not seeing anybody back off and say, we're not investing in Iraq. 8-9-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Speaker of the House of Parliament and international experts discussed the importance of the digital currency...He was talking about how Iraq is all in on this and making the investment of Iraq ready for global and international markets. FRANK: Yeah, the whole world is waiting...Tell that idiot all we need is a new exchange rate. 8-9-2025 Mnt Goat Substantial increase in the IQD will not happen until the currency of Iraq is once again traded on FOREX and the other global currency exchanges. This is an event that will be a culmination of decades of monetary reforms, events that we have witnessed. This event of reinstatement is NOT GOING TO HAPPEN unless the US Treasury gives its approval. One of these conditions is to remove the... Popular Mobilization Forces (PMF) law, which empowers armed groups linked to Iran and terrorist organizations from Iraq...This condition is a critical order from the US to Iraq. I believe all us investors in the IQD should be paying lots of attention to what is going on in this area... I assure you this topic is going to be resolved one way or the other, meaning Iraq will remove the PMF from Iraq or it will suffer severe sanctions and reprimands of all sorts.-
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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 8-7-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Rolls Royce Motor Company said it's building a plant and dealership in Iraq and all of this at 1310? FRANK: No, it's not at 1310. 8-7-2025 Clare [Response to Paulette 8-6-2025 post] "Sudani is pushing for Parliament to pass the PMF Law in spite of Trump saying they had better not. Sudani and the COM have already passed the PMF Law and are wanting it before Parliament for passage" NOT TRUE....THE LAW HAS NOT BEEN PASSED. 8-7-2025 MarkZ Question: Are they blaming Sudani for no RV? They are definitely trying to deflect the RV not happening on Sudani. But myself and all my contacts call BS on that. Sudani said early on that during this term he would return the dinar to its former glory. Make the dinar the father of the dollar. (More valuable than the dollar) 8-7-2025 Samson Article: "The Ministry of Transport announces the return of seven international airlines to Iraqi airspace" 8-7-2025 Pimpy One of the things that's going to help the Iraqi dinar increase in value is it has to lower its unemployment rate. That fact that they cut it in half in just 4 years is not too bad, but still 10.8% is pretty high. 8-7-2025 Frank26 Every day somebody is arrested. Every day money is being brought back. Every day security and stability gets louder and stronger for your new exchange rate to come out safely.
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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 8-8-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing Iraq agriculture has now been hit with 35% tariffs from the United States. The good thing though, your Trump did not touch our oil. It's exempt from any tariffs so far.
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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 8-6-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing strong USA warning. They are really making a big deal about this. Your president says USA warning in reference to Shiite PMF bill. Trump said if it is passed inside of Iraq, Iraq will be hit with strong sanctions and devaluation of the dinar. They're saying this bill will threaten Iraq's sovereignty. We cannot afford to lose everything we've established. FRANK: You don't have to worry. Who the hell do you think is backing your Sudani? My Trump. End of story. 8-6-2025 MarkZ Question: Why have things gotten so confusing? Mark: We were told it would be crazy confusing just before they pull the trigger.
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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 8-5-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Finance Minister is talking with the World Bank on opening a permanent office inside of Iraq. The US Treasury already has a permanent office on the 8th floor at the CBI building. They're all pouring in to protect us. 8-5-2025 Pimpy Article: "US dollar exchange rate remains stable in Baghdad, rises in Erbil" Consistently over at least the last week and a half the US dollar has devalued against the Iraqi dinar. But not enough for everybody to get excited...But the fact that its devaluing is good for the strengthening of the Iraqi dinar...[The dollar] has slowly but surely been losing its value against Iraqi dinar...You want to see it go down to 1,100, 1,000, 900, 800. The more that happens, the more valuable your Iraqi dinar is. 8-5-2025 Jeff August is suggesting or moving in the direction of being a very critical month to us. I would strongly recommend you keep your eyes on the month of August. 8-5-2025 Samson Article: "The Iranian parliament approves the deletion of four zeros from the national currency" 8-5-2025 Frank26 I understand your pain. You don't think I cry for you daily? Well I do. I know you're hurting. I know you want money. I know you want to pay your bills. I know you want to save your loved one. I know you're trying to save your house. I know you're trying to save your marriage. I know all that. But I also know this reinstatement to be true. It's real. It's happening ...You say things are moving really quickly. You know why? Because of Donald Trump. No other reason. 8-5-2025 Fnu Lnu Article quote: "The International Monetary Fund projects an average exchange rate of 1,300 dinars per dollar for both 2025 and 2026" The IMF says it yet again. This makes 5 times I have read this prognostication in as many different articles. Believe the IMF and relax and concentrate on making some "NOW" money! 8-5-2025 Clare Article: "The Ministry of Commerce discusses developments regarding Iraq's accession to the World Trade Organization with the British Embassy." Quote: "The Head of the Commercial Section at the British Embassy renewed her country's support for Iraq's accession to the organization, noting the United Kingdom's readiness to provide the required support"
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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 8-2-2025 Margarita Article: "The Iraqi government denies that half of the currency supply was damaged by a rat." I hope the rat destroyed the currency. that would be great to get 62 trillion off the books. 8-2-2025 Clare Article: "Al-Sudani's advisor denies rumor of 62 trillion dinars being destroyed: It is baseless." Quote: "The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed that the circulating rumors regarding the destruction of half of Iraq's currency, amounting to approximately 62 trillion dinars, are baseless, describing them as illogical allegations that lack the slightest degree of credibility and economic logic...He explained that approximately 88% of the monetary mass is held outside the banking system in the hands of individuals, not in any single institution." 8-2-2025 Pimpy Let's get back into what's going on over there in Vietnam...especially when it pertains to gold...We all know Trump did a deal with Vietnam...a 20% tariff on Vietnam's exports to the United States. A 40% tariff on goods trans-shipped through Vietnam, that's when another country hasn't made a trade deal with the United States and tries to be sneaky and use Vietnam to start shipping their goods...Zero tariffs on US goods entering Vietnam... Article Quote: "The depreciation [of the dong] has triggered a surge in gold prices, with the 24K gold price in Vietnam reaching 73.64 million VND per ounce in June 2025 - a 48.6% year-on-year increase." That's a huge increase ... That's why you see a country like Iraq buying more gold. More gold is to help protect their currency...Lots of central banks are...stacking up on gold. 8-2-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The rate over 20 years ago was $3.22 and that was just off the price of oil. Now we have non-oil revenues and $16 trillion alone in rare minerals... tourism... agriculture... This is very promising. FRANK: $3.22 was over 20 years ago...When you look at the exchange rate of the other Middle Eastern countries around you, it's not too far-fetched that you could be somewhere around $3.80 to just a pinch over $4.00. 8-2-2025 MarkZ Article: “State-owned bank announces the settlement of 87% of Iraq’s external debt file” that external debt file was huge between the end of Saadam Hussein and the Kuwait invasion up through today. Settling 87% is a huge number or debt repaid. They are in a great position for their currency and country internationally. 8-2-2025 Mnt Goat Article: “IRAQI DINAR NEARS OFFICIAL RATE AS MARKET STABILIZES”. They are telling us that the decline of the parallel market is not coincidental but a managed series of measures that were taken. They are saying finally, they have control over the dollar. Why did the CBI have to stabilize the dollar parallel market to match the official CBI rate of the dinar in the first place? They need to do it because currently the dinar is solely pegged to the dollar and these two rates must at least match...If a currency is solely pegged to another currency it must be equal to the that currency. The IMF uses this tactic in many other situations to help stabilize a currency... the CBI has been working on [this]for the last 20 years...They have finally accomplished their goal and so now they are VERY CLOSE to being able to move on to the next stage. ***** From Friday Midnight - 8/01/2025 ***** 8-1-2025 Frank26 I've never given you a date and I don't intent to start giving you a date. I've never given you a rate. I don't intent to start giving you a rate. But what I'm going to give you is a sincere and honest desire to share with you a time frame from my heart. Let's see if my opinion, if my time frame has any value, any validity, any truth, any worth. The time line I'm going to give you is from August 4th until September 1st. 8-1-2025 Pimpy Just because they take zeros off doesn't mean the purchasing power changes...I've showed you how that happens when you take the 3 zeros off the 25,000 dinar. 8-1-2025 Militia Man Article: "Iraq replaces the dollar with gold, a yellow shield against economic storms." Gold is considered a safe haven. Central banks know that. They are some of the biggest buyers in the world hands down...Iraq has been one of them. Quote: "This will impact the value of the Iraqi dinar in the medium term...and reduce reliance on the dollar..." When banks buy gold people listen...I think Iraq's currency is going to be a real asset for investors, no different than precious metals.
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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 7-31-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq gave a great report in the CBI for quarter one about how they have inflation under control. FRANK: They have everything you can think of in order to lift the value of their currency. They have everything in place for it. 7-31-2025 Pimpy People ask me all the time, what do you think Pimpy about the value of the Iraqi dinar? I see it going up in increments. I don't think it's going to happen overnight. That's just my opinion. But that's if it remains a fixed exchange rate. It's a total different ballgame if they go ahead and end up free floating the currency and it ends up on the Forex. That's a whole other ballgame altogether. 7-31-2025 MarkZ Question: if the Dinar floats does the price change hourly or once a day? Mark: They made it clear that they will not “Free float” like Kuwait. I was told the most they would allow it to float is 20% over a year. But it is fixed to a currency basket so it wouldn’t float the same way.
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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 7-31-2025 Guru Fnu Lnu We are nowhere near an RV but I believe we will see it one day soon. 7-31-2025 Militia Man Iraq has increased its non - oil revenues from 7% to 12% from 2023 to 2024 and expected to reach 20% by 2026. That may be shy of what we see, as there has been significant increases in the ASYCUDA world system that rose 215% between January 2024 through May 2024 over 2023. Iraq is on the way to reduce oil dependency. There is becoming more and more production of natural gas, expansion of agriculture and minerals that are playing a role in reducing the heavily weighted oil economy. 7-31-2025 Pimpy There is a push to go ahead and make the Iraqi dinar a free floating currency. This is good news because you cannot be on a Forex unless it's floating...However significant reservations exist regarding a full float. It does rely too much on oil. That's one of the issues that's really holding up the Iraqi dinar revaluation. 7-31-2025 Clare Article: "Washington hands Baghdad a sanctions list that includes K-Card and prominent figures." Quote: "New list of sanctions...is a direct warning to the Iraqi government regarding its continued dealings with entities that Washington considers to be involved in illegal activities, placing Baghdad before difficult choices between protecting its financial and economic interests and complying with international pressures and directives" 7-31-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh is on TV saying Iraq is in a stable and safe finical situation. Regardless of what you're seeing around us...even all that's going on outside of our borders we have stability. FRANK: Security and stability was born...now let it walk.
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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 7-29-2025 Frank26 Trump is closing the parallel rate in Iraq...What did Trump say recently about the American dollar? He said, I'm not sending a single dollar to Iraq anymore...not even electronically. You don't think that's going to push Sudani to release a new exchange rate? 7-29-2025 Samson Article: "DIGITAL TRANSFORMATION IS ESSENTIAL TO ADDRESS THE LIQUIDITY CRISIS IN IRAQ" 7-29-2025 Militia Man We've talk about gold...Iraq having significant amount of foreign reserves and now they're talking about non-oil reserves. All of these components support what? A real effective exchange rate. 7-29-2025 Clare Article: "Bank of Baghdad achieves a historic achievement as the first bank in Iraq" Quote: "In a move that confirms its leadership position and advanced financial capabilities, the Bank of Baghdad announced an unprecedented achievement in the Iraqi banking sector, concluding a strategic agreement with the Ministry of Finance to become the first private bank ever to be granted the authority to issue sovereign guarantees." 7-29-2025 Walkingstick This is a fact. There will be an interruption in banking services prior to a new rate being released. That interruption will be short-lived after banking hours leading up to a new currency being introduced when normal banking hours resume. There will also be a pause on their stock market...transfers...Western Unions and all financial services. 7-29-2025 Pimpy Question: "How do we know the Iraqi dinar is going to get on Forex?" A certain thing must happen to the Iraqi dinar before it can even be back onto Forex. The Iraqi dinar cannot go on Forex until they stop pegging their dollar [dinar]. They have to free float. Period. 7-29-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy said at work [the Iraq bank] they have talked to us about a system lockout and how this would be all of Iraq when this happens. They're saying it's going to be for maintenance. We have never had a maintenance lockout like this before. We don't know the time or the date...We're hearing about this at work and we guess when the time is right they going to announce to everybody the citizens...This is unusual. FRANK: I too have never seen a pause like this before. It's usually for an audit for the start of a quarter but this is different. It feels different...smells different. This is the perfect window being created unexpectedly to introduce or do something different. This is a break in the pattern of your banking system.
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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 7-28-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says that picture [of Asraflak billboards around Baghdad] is talking about money service and the exchange opportunities that we'll be having. FRANK: They're teaching you during the Asraflak education how to exchange money. Why? Because you're about to exchange your 3 zero notes into lower notes. They're teaching you about internal actions for you as Iraq citizens with your banks. I will be exchanging outside for a profit. You will be exchanging inside for purchasing power. The timing is perfect. I'm very happy to see the pace we're seeing now. 7-28-2025 Clare Article: "A government source denied via "Baghdad Today" that Washington had rejected al-Sudani's visit: No meeting was originally requested." Quote: "The talk about US President Donald Trump's administration rejecting Al-Sudani's visit is completely inaccurate, and no official request has been submitted from Iraq to visit Washington during the recent period." 7-28-2025 Walkingstick They are aware of the threat of the sanctions as are all investors...AMF, the IMF, the EMF and many others. There is a lot of heat on the GOI. There's a lot on the line. Threats of pulling all American investors are in play. All encompassing their continued use of the American dollar...not standing on their own. Donald Trump is demanding they utilize their currency on a global scale...Stop all the restrictions and any use of the USD, and all smuggling to Iran.
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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 7-28-2025 Pimpy There is a lot of discussion about changing the exchange rate of the Iraqi dinar. I don't talk about it a whole lot only because I don't want people to think I'm blowing smoke up your ass...I yanked this off one of the articles I recently read, Article Quote: "Iraqi government is currently engaged in the significant debate regarding the future of the IQD exchange rate, specifically whether to transition from a fixed exchange rate system to a free floating one." It's being discussed. The Iraqi dinar's value is currently fixed by the Central Bank of Iraq, meaning its value is not determined by global Forex market forces. 7-28-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sammy was just here talking about how back when Shabibi was governor of the CBI he said when the inflation was around 2% and the note count was down and when the parallel market is close to 2% that was the excellent time for the rate change to happen. FRANK: I remember that well. FIREFLY: Inflation is at 1.5%. That's under 2% and we have a ton of folks now on the cards and the electronic system. We have less notes out there. And the parallel market is around 4% to 5%...maybe within 3 weeks that gap will be at 2%. FRANK: I believe we are either at 2% or very close to it...Everything is in perfect condition for the new exchange rate.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-25-2025 Fnu Lnu With an unstable digital transformation and now this early political dysfunction, we may be in for a contentious election season which has now arrived. RV during election season? I seriously doubt it. 7-25-2025 Clare Article: "Iraq plans to establish international gold city" Quote: "In a strategic move to localize the gold and jewelry industry in Iraq, the Iraqi Ministry of Trade announced on Wednesday that the Ministerial Council for Economy has approved the establishment of an international gold city in Baghdad...The planned international gold city in Iraq will contain specialized industrial facilities, modern goldsmithing training institutions that meet worldwide standards, as well as advanced marketplaces and a stock exchange for gold and jewelry." 7-25-2025 MarkZ In Iraq I had a contractor check in and tell me they know the new rate and its coming soon. They will not tell me what the new rate is.I...it's always "someone told me" with Mark..! 7-25-2025 Frank2 [Iraq boots-on-the-ground report] FIREFLY: On the TV they're saying this about creating this The Ministerial Council For Economy approves the establishment of the global gold city in Baghdad. FRANK: At 1310? That sounds impressive doesn't it? It don't make no sense at 1310. 7-25-2025 Militia Man In one of the articles it's the 2025 Gold city Project. It's aiming to transform Baghdad and the rest of the country into a jewelry hub of the region and possibly the world. It's a trade hub. That's what they're doing...Their ancient history is coming back around. That's what they're going to be working on...I think it's going to be a big deal... Gold is money. They've known about it for thousands of years.
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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 7-26-2025 Clare Article: "A source told Baghdad Today: Nouri al-Maliki is in good health, and the rumors are based on an official threatened with dismissal." Quote: "A source close to the leader of the State of Law Coalition confirmed on Friday (July 25, 2025) that Nouri al-Maliki is in good health, denying reports that he had been transferred to the hospital." 7-27-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Secretary of State Rubio...is pushing Sudani. We know Trump sent him. We know what Trump is doing here in our country. I think your Trump is happy because he sees the constant advancement...He also warned Sudani about a proposed bill for PMC's. FRANK: That's multi-currency policy. You can't do that. You can only use your dinar. Trump is pushing it. I wonder why. FIREFLY: PMC's would institutionalize the Iranian and harm Iraqis sovereignty. FRANK: Trump is pushing this. You know what he knows. 7-27-2025 MarkZ Comment: I am hearing a lot of chatter that Mon or Tues is our big day. Mark: I am too…I am trying to stay calm but things feel good.
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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 7-26-2025 Frank26 Iran is neutered...they are scattered...that is why the security and stability in the Middle East is now looking at you Iraq to lift the value of your currency because it will set off a chain reaction. You're the linchpin with many other currencies IMO...A few days ago your security and stability was born in [Iraq], your exchange rate is coming to you. 7-26-2025 Maxis [Boots-On-The-Ground] The mass majority of the population is holding all of their large notes and will not deposit them in the banks because they will lose money and they believe that the banks will run out of cash. Due to inflationary concerns they can’t print any more large notes. The CBI has to revalue what they have so the population will redeem their large notes so the CBI can take them out of circulation and install the smaller notes. This information comes from my employees “uncle” who runs a currency exchange In Baghdad...What ever they decide is going to be rough going for a while but it will settle out. 7-26-2025 MarkZ I have some banking and government contacts over there and they have also told me they have started informing key people in key positions…like contractors…what the rate will be so they can start preparing their system. So I am excited…but hesitant because I don’t know what that means for us and money movement yet. But I am hearing from many sources…many contacts ...that the rate is set…we have it…and they are executing it. Let us hope this is real.More of Mark's B/S..! 7-26-2025 Pimpy Question: "Can you explain...the whole thing about the IQD is now paired on Forex?" The IQD has been on the Forex before. It's still paired. They're not actively trading or doing anything under Forex. They're already set up. They already got their 3-digit code which is IQD. They're already paired with all the other currencies. That's never changed. What we're waiting for is for them to do what they need to do for Forex to go, 'Okay, let's start trading now.' So everything is set up. 7-26-2025 Clare Article: "Meeting in Istanbul reveals new US sanctions on Iraq over Iranian arms financing" Quote: "A private source revealed to Al-Mustaqilla on Friday that a secret meeting was held...between an Iraqi delegation and the assistant to the head of the US Federal Reserve Bank in Istanbul...The source indicated that the US side informed the Iraqi delegation of new sanctions that would be imposed on Iraq due to what it described as 'financial involvement' related to financing Iranian weapons....These developments come amid increasing pressure from the United States on Iraq to curb Iranian influence and secure the Iraqi financial system from exploitation to support activities that Washington considers a threat to regional and international security." 7-26-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Trump administration rejected the visit of Iraqi Prime Minister Muhammad al-Sudani to Washington DC according to high level sources...the same source confirmed to me the President administration does not support a second term for Prime Minister Al-Sudani. 7-26-2025 Walkingstick Pay close attention. They're telling you the official rate and the market rate of the Iraqi dinar and the US dollar that the gap is less than 4%. This is big. The reason why is because one of the line items in the 2025 budget that maintains their IQD value is a margin of +/- 2%...This is dangerously close.
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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 7-24-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is showing they're putting 68 De La Rue machines in Basra and Mosul. These are supposed to be able to count and sort and pick up counterfeit. This will help the efficiency of our monetary reform and also control those banks that are still against the monetary reform. FRANK: IMO these machines have the same software that the ATMs have in order to recognize the new monetary future of Iraq. 7-24-2025 Clare Article: "Government advisor: Four reasons behind the decline of the parallel dollar against the strength of the dinar" Quote: "The Prime Minister's financial advisor, Mazhar Mohammed Saleh...pointed out...the parallel exchange rate's creep towards the official rate, are due to four main reasons: the complete legal prohibition on the dollarization of domestic transactions...the end of the Central Bank's window since the beginning of this year...the entry of small importers into the official financing network."
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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 7-22-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Showing on the news that the US has stopped sending cash dollars to Iraq.
