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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... Especially if it's from Mark... RON ** Frank26 [ Iraq boots-on-the-ground report] FIREFLY: All the main banks in Iraq are saying they are keeping up with modern technology and...lined up with International standards and acceptance proceedings. FRANK: Holy cow..! ** Pimpy History: What happened between Kuwait and Iraq? August 2, 1990 Iraq invaded Kuwait. They occupied the country around October of 1990. Saddam Hussein told the people in Kuwait they had until October 3rd to exchange their Kuwaiti dinars for the Iraqi dinars. After that the Kuwait dinars wouldn't have any value...Both currencies immediately were devalued. Kuwait's dinar was devalued to protect it from being stolen and sold on the black market. Iraqi dinars were devalued because of the invasion. [Post 1 of 2....REPOSTED] ** Pimpy The Iraqi dinar at the time was worth $3.22...Kuwait dinar...$3.45...internationally the currencies were not usable. Central banks refused to acknowledge the currency and therefore it had no value. The U.S. liberated Kuwait February 28, 1991 and shortly after Kuwait redenominated their currency. So it's not so much the currency was revalued as much as it was re-denominated, which is different...I'm anticipating [Iraq] is going to do the same thing Kuwait did...you'll be able to exchange your old dinars for the new dinars and they'll just reinstate the rate. [Post 2 of 2]
  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... RON *** Samson Article: "US oil reserves fell to the lowest level in 38 years" Quote: "The strategic oil reserves in the United States decreased in the week ending November 11, by 4.1 million barrels, or 1%, to 392.1 million barrels, following the weekly review of the Energy Information Administration in the Ministry of Energy in the country. Since March 1984." *** Walkingstick The HCL and the census under article 140 and the INOC (Iraq's National Oil Company) and other entities too have agreed with Kurdistan on the HCL. There is no delay. There is no stopping it. That's why you're seeing things move so fast. There are no delays to the budget due to the HCL. All systems are go... *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said if the budget gets to parliament by the 9th that by the end of December it will be voted on and passed to the president to sign. This appears to put us in January, anywhere from the 1st on through the 1st quarter. FRANK: If they can get to parliament by the 9th and if they can review it up until the 30th of December then we've got a good chance for the 1st.
  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 ** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The TV is talking all the gold they now have. They're tying it in with the Monetary Reform. FRANK: Yes, they have told you in the past that you have a tremendous amount of gold to back up your reserves for your currency but you also have so much untapped reserve potential in the ground...Iraq is extremely rich...you will become a Mecca in the east. ** Pimpy There's some interesting developments involving the exchange rate. I was impressed when Al-Kazemi was prime minister but I'm super impressed so far by the speed in which Al-Sudani is moving... ** Kaperoni People always wonder why Iraq can't significantly RV the Iraqi dinar and often compare it to other Middle East countries. The difference is Iraq has over 83 trillion dinar in circulation compared to between 40 to 80 billion dinar and many other Arab states.
  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 ** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor comes out and gives a statement on how it's illegal for him to discuss or even predict anything related to a rate change. He went on a rant. He talked like 5 minutes. FRANK: Isn't this something! ...the governor comes out and says according to our constitution and our laws I can't tell you we're going to raise the value... FIREFlY: Why even do this if something not about to happen. ** Pimpy Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" I like the fact that it's definitely a lower denomination...they have the 250...500...1,000...5,000... 10,000 ...20,000 and 50,000 so now they want to create a 20,000 dinars. What I'm anticipating is...we're going to see the 25,000 and 50,000 dinars removed. Not right away but removed...they'll definitely be heading in the right direction. That'll definitely bring a lot of positive vibes to those individuals who've been waiting for the dinar to gain in value... ** Mnt Goat Article: "IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH" WOW! WOW! WOW! This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? ...The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD? ** BeeDeeDub [Reference Frank26 Well Fargo Bank post 11-30-2022 ] I PERSONALLY CALLED the...Wells Fargo Foreign Exchange telephone number...Wednesday, November 30, 2022, at exactly 7:45PM Eastern Time. The recording on that phone number explicitly stated "There are several currencies we currently do not offer, and have no plans of offering in the future, such as the Zimbabwe <<currency name>> and the Iraqi Dinar." [Also] the Iraqi Dinar STILL IS NOT LISTED ON THE WELLS FARGO FOREIGN CURRENCY WEB PAGES.
  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 *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the budget will be in parliament by the end of November or the first part of December. FRANK: The goal is to have it in by the 9th of December. And the banks in the United States of America know that IMO. If we do see an announced government by the 9th then January 1st 2023 has great potential for what we've been waiting for... *** Mark Article: “Barzani’s Visit to Baghdad to follow up on agreements –including the legislation of the oil and gas law” Why is this important? This is a first that the Kurdish region is showing clear indication of wanting to work with the Iraqi government. They are getting along, they are agreeing to budgets…a major sticking point to not seeing our RV or RI has been they disagreements between these factions… I am excited to see them all getting along. *** Samson Article: "Iraq is fifth in the world in oil reserves, the cheapest to extract and the most profitable" Quote: "the oil reserves in Iraq and Saudi Arabia are close to the surface and on the ground, which makes access to oil more accessible and the extraction process more cost-effective and more profitable."
  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 *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a two hour program on our Channel 1 news...they said they did an oil exploration and it has confirmed Iraq is basically floating on oil. FRANK: NASA did aerial shots of the territory...and they were able to find out Iraq sits on a lake of oil bigger than Lake Michigan. Bigger than Lake Eire. The whole country is nothing but oil...everywhere you walk the oil squirts out of the sand...oil makes the world go round. Wow...that's one of the reasons why I invested in the Iraqi dinar... *** Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" ...the percentage of foreign shares in total trading volume increased from 8.2% in September to 11.3% in October. What this statement means is there was a lot more international money reaching the doorstep of Iraq other than the oil industry.
  7. *** Samson Article: "Iraq ranks fourth in the world in the production of dates" Quote: "raising the production of dates to 735,000 tons, after which Iraq jumped to fourth place in the world in the production of dates, and other achievements in the sector." *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see the United States of America money department has put 14 of our banks on a black list. They are being investigated for corruption. FRANK: Only because the governor of the CBI did it first... FIREFLY: These banks were smuggling money from the auctions to other countries...this is extremely good for us... *** Pimpy They're not going to tell people when they actually change the rate...they're not going to announce it. It's illegal for them to do this. What we see is a lot of articles speculating. *** Kaperoni Iraqi Parliament is not passed a significant law in over 4 years. There are close to 100 outstanding laws that are related to the economy that need to be passed. They are encouraging investment, but investors are staying away until those laws are passed. *** Nader From The Mid East Don't be surprised if the rate is not in the budget. If they don't pass the budget from here to December it's gonna take them 2 or 3 months to try again...I'm 99% sure they're going to pass the budget before 2023 *** Samson Article: "Parliamentary Finance expects the date of the 2023 budget to arrive in Parliament and confirms: the 2022 budget is a creature that was not born" Quote: "We expect that the general budget law for the year 2023 will reach the House of Representatives either at the end of this month or early next month."
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's been less and less from the Framework. We really don't see the negativity like we used to before. FRANK: That alone is encouraging ...the pendulum is swinging...the Iraqi citizens and the whole world are realizing what Sudani the new Prime Minister and Mustafa Ghaleb the CBI governor are doing and saying. Oh, dear me it's impressive.
  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... RON *** Pimpy Still almost every day an article about the change in the Iraqi dinar rate. What it does is pump a lot of hope into the whole dinar arena. But what I keep telling people is you got to listen where the information is coming from. If the CBI is talking about it, which it's not going to ever happen. They'll never openly talk about changing the rate in public...but, they might deny rumors... *** Mark There is still massive silence on the RV front. No bad news…no news at all. I cannot get a peep or whisper out of any of my sources. Thank goodness - we don't need any more false info & promises..!R *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying the budget should be in parliament by the 9th of December. FRANK: The 9th is crucial. We need to see this government seated, parliament seated, the Cabinet announced, everything by the 9th...From the 9th to the 31th of December they're going to review the budget...then on the 1st, IMO, they can launch it and make it official. They can release all the information that's in it. But remember Frank, there is no IQD Rate in the budget as some suspect. R *** Samson Article: "Parliamentary Oil: The Oil and Gas Law has not been canceled, but rather postponed for this reason" Quote: "The law has not been canceled, but rather postponed, and may be presented in the next legislative term." They delay one of the MOST IMPORTANT pieces of legislation for the benefit of the Iraqi people. Amazing - just like our democratic party legislators here in the US.RON
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news and he's giving praise for the new Development Bank of Iraq that is opening a branch in Dubai...he is bragging how this will help develop Iraq's private sector. We are excited... FRANK: Why would Dubai be excited about a program rate? Oh, excuse me! They are not LOL! FIREFLY: Dubai is all about the money. *** Walkingstick [via Frank26] Everyone knows this is coming. The CBI is not going to come out and give you that date. The same thing with Kuwait and China they came out and denied it until the day they set their RV or RI. And laws in their constitution prevent telegraphing any date. *** Jeff The only way you're going to know the truth about this investment is to dive in at a very deep level and observe and witness their actions...through their actions you can clearly see what their motives and intentions are...if you study it at the surface this is what you're going to get right here... Article Quote: "the current price will be fixed for many more years to come" *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is at a conference in Dubai...they're talking about how the Iraqi banking sector is ready to push forward not only inside of Iraq but around the world. FRANK: Yes money makes the world go round...I don't know if you realize it but you are very close. FIREFLY: Yes sir. *** Mark There is a bit of Iraqi news which I think is positive. Article: “The US Federal Reserve suspends money transfers to 14 Iraqi Banks” I think this is fantastic. Supposedly they are going after anything illicit and have frozen the “ins and outs” of the banks. What is one of the very first things they did in Kuwait just before they revalued? They froze all the money going in and out of the country so that people could not manipulate or take advantage…this may be an exceptionally good sign for us. [post 1 of 2] *** Mark In a nutshell this is an interesting spin to lock down the money system on money moving in and out without saying what they are getting ready to do. I think it would be the perfect cover…especially since we know that their goal for right now over the next days, hours ,weeks is to finish the rv and delete the zeros. I am taking this article as a positive sign. This is what we expect to see before they reset their currency values. Not allowing big money to move in and out to take advantage of the revaluation of the dinar. [post 2 of 2]
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is constantly telling us the rate will not be changed upon the '23 budget. But that does not bother us anymore...we simply wait and see. FRANK: I don't care that it comes from the CBI because it's not coming from the governor. It's coming from the liars of the Framework...if you see the governor come out and tell you then we would consider it. But he is not...Sorry Frank, but you're very wrong. *** Pimpy Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way." This doesn't mean that I believe the Governor - there will be disinformation, and I believe that Iraq needs to increase the value of the IQD for a variety of reasons...RON *** Sandy Ingram Article: "Iraq unveils 'strategic project' to boost oil reserves" Iraq is literally floating on oil...Iraq is serious about offshore exploration...they know the oil is there, it's just a matter of getting access to this massive amount of oil...
  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... RON *** Jeff Article: "Al-Maliki Presents A Proposal To Reduce The Price Of The Dollar" Every time you hear the politicians talk they're telling you that they want the dollar exchange rate reduced a little bit closer to around 1200 which is where it was they devalued the currency - 1190. I believe all these articles are untruthful BS. *** WalkingStick This is the beginning of a slew of articles I told you would come out as the monetary reform was being shown. The education part is now moving much faster. Many things I told you are now in print. The education to the Iraqi citizens - it has now started at a much deeper level. *** Sandy Ingram The Central Bank of Iraq did say foreign reserves are expected to increase to $90 billion U.S. dollars by the end of this year and this is due to the high level of income from the oil industry. *** Pimpy The Central Bank of Iraq has already warned people to stop paying attention to individuals who are talking about the change in the Iraqi exchange rate...stating they have no intentions to change it for 5 years. That's what they say. Quick reminder, when the Kuwait dinar was finally reinstated...they had told the world they were not going to reinstate the rate for quite a while. [Post 1 of 2] *** Pimpy Then they did it two days later. I'm not saying that Iraq is going to change the rate of the IQD. I'm just saying you got to understand why they won't just come out and tell you they're going to do it. You would get a lot of speculators jumping all over the Iraqi dinar. It'd be a bad situation. [Post 2 of 2] *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The parliament is putting pressure daily, coming on TV asking the CBI to make the rate change to curb inflation and help the citizens. FRANK: Isn't that amazing. We know the GOI and the CBI are working in cahoots together to bring forth the new exchange rate. But the GOI will not release the new government until we know the new exchange rate is ready to be released from the governor of the CBI...Once that happens all hell will break loose! *** Samson Article: "Economist : Reducing the dollar exchange rate is not impossible and the current time is suitable for monetary change" Quote: "decreasing the exchange rate is not impossible, and this matter becomes a strategic option for monetary policy if the monetary reserve continues to rise...the current and next two years are the most appropriate time to bring about this monetary change." *** RVAlready From what I have seen of the news, Iraq will continue to lie about the RV. But, I think it will happen sooner, rather than later. I believe the RV and the budget are actually ready to go. *** Samson Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget”
  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... RON *** Pimpy The people who are responsible for changing the exchange rate is the Central Bank of Iraq period. No ifs, ands or buts. They are the ones responsible for the direction of the exchange rate for the Iraqi dinar. *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Kurds just got their last 2 positions agreed upon and all 22 cabinet positions are filled for Sudani. We have a full government we just have now to have it announced. FRANK: I had no concerns whatsoever about the two missing political positions with the Kurds and now that they are official it seems the government is ready to be announced...
  14. *** Pimpy Once again they are talking about changing the exchange rate. The interesting thing...is the back and forth about whether or not they're going to do it...Sadr as...the Coordinating Framework...[made] promises to do something about the exchange rate if they control the government. But we do know the decision is not up to the Iraqi government. It's up to the Central Bank of Iraq to make those decision. *** Militiaman Article: "An economist shows the period needed to restore the exchange rate.. These are its effects" This guy seems to be on a different planet.. 5 years? lol For crying out loud the CBI has already paid for the currency for the GOI to issue once ready, back in 2018.. The focus here is the policy of the government. It is their baby in sync with the independent CBI. *** Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Sudani cabinet all are good. No bad apples. FRANK: the citizens of Iraq love every one of the cabinets that are in the government of Iraq right now.. *** Mnt Goat Article: "IS IT TIME TO CHANGE THE EXCHANGE RATE? Quote: "...go to the program to delete the three zeros so that the dinar became a respectable and strong currency and an actual strategic and national stockpile that is better than the dollar and gold together." Alleluia! Alleluia! Yes, this...is exactly what we want to hear. I do not think they will ever tell us directly they will reinstate the dinar but we know if they do the project to delete the zeros they will have to reinstate it. Plus the CBI told us this is the next step way back in 2011 when the told us the overall process of how to get the dinar back to FOREX. By the way this is the second article already in a week that they mentioned the project to delete the zeros…. *** Nader From The Mid East Article: "Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value fo the Iraqi dinar (IQD) against the U.S. dollar." 1450 is making fun of us... Remember, only the CBI has the authority to increase the value of the IQD. RON *** Pimpy It's getting interesting over there in Iraq. The fact that these people I thought for sure would do whatever it is that Maliki wanted seem to be resisting anything that Maliki wants... *** Militiaman Article: "The Iraqi president refuses to accept Al-Maliki as his deputy, and the Sudanese is keeping the security institutions away from the control of the militias." This is a welcome sight to behold...suggests that the PM Sudani is playing the line that was drawn in the sand by Al-Sadr...The GOI has forward movement and an agenda likely with timelines to be complete and along side and in tandem with the CBI...lets see how the GOI and the CBI play their cards. *** Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "And on the financial budget for 2023, the Prime Minister announced that he "directed all ministries today to prepare the 2023 budget and determine its priorities, as we are keen to present the budget as soon as possible." WHICH ALSO MEANS PRESENTING THE NEW EXCHANGE RATE AS SOON AS POSSIBLE. *** Samson Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "A member of the Parliamentary Finance Committee, Jamal Kougar, explained, today, Friday, that changing the dollar exchange rate is related to the decisions of the Central Bank, pointing out that the bank has assurances that the exchange rate will continue without any change, at least during the next year." *** Mark [Q? : Was it this quiet in Kuwait before they RV’d?] Yes. Absolutely it was this quiet and it had just this much conflicting information. In fact early that morning their national newspaper came out and said they would not be ready for 9 months to 3 years to RV. …Then it revalued that same day. Member comment: I was in country at the time and they told us 6 months to 3 yrs before they would be able to raise the rate. At around 10-10:30 they started exchanging at the new rate. *** Petra One is curious about all the subterfuge going on the last 3-4 days. How many times does a country have to "defend" in one aspect the fact they are "not" going to change the exchange rate....and then, we see articles coming out from within Iraq that this is the very move that needs to be made. Couple that with the input from the WB/IMF and other agencies telling the country to move forward and open themselves up for partnership, investment, and international business. It doesn't get clearer when one of your largest trading partners (Jordan) opens up a bank down the street.
  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... RON *** Breitling Watch Iraq. It's very positive. It's going to happen...but you need to be making money in other areas because we can't control the date. I think a lot of people don't listen to that advice...Iraq is very positive. I'm not getting out...I haven't heard anything negative to this day, seen anything that going to stop them from a revalue. *** MilitiaMan ...With the World Bank, IMF, UN, USA, etc, giving the green light of support we could say that the time is now...The CBI has nothing but good reserves, gold reserves, high oil pricing, taxes and tariffs are electronic as is more and more of the Government, inflation under control and the green light.. Looks like a perfect storm for an RI... *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani made a speech...it's the sole responsibility of the CBI he told us. He looked right at us and he said it's the sole responsibility of the CBI for the exchange rate to be changed. He's talking about a change in the exchange rate. Yesterday they told us they were going to add value and parliament will do their part on the budget law to present as soon as possible. They are moving quickly... *** Pimpy [The dinar] was around 1199 for every dollar. They changed it to 1450 dinars for every dollar. Now Maliki is talking about changing it to 1375. That's about halfway between where it is now and where it was before. Keep in mind Maliki is involved in the currency auctions and he makes millions off it. So an increase in the dinar against a dollar helps him with his little scheme of making money off the currency auctions...
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: It looks like the CBI wants to recover dinars by the end of this year...at same time they want to rid the smaller banks of all corruption and then start helping improve the banking sector. This already has been done...the plan is to have currency returned...this would pave a way for a new rate with a new budget at the beginning of the year. *** Clare Question: "the 25k note will be cancelled?" THE 25K NOTE...NO, NOT AT ALL..THE NOTES ARE VALID THEY WON'T USE THEM IN COUNTRY. THE NOTES WE HAVE WILL STILL BE ABLE TO EXCHANGE WHEN THE RATE CHANGES. IMO *** Pimpy If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments because you can't stop your economy once it starts doing well.
  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... RON *** Militiaman They clearly are telling us there is an imminent launch of a new currency denomination(s)...to match more closely to the neighboring countries...Iran, Turkey, Saudi Arabia, Syria, Jordan and Kuwait.. None of which now or will have 20,000 notes...they use the wording of they; will be issuing a new denomination with the value of 20,000 dinars. Well if they delete the three zeros off the exchange rate we get a 20 Dinar note with the value of 20,000 dinars to be in line with denominations in the region. *** Frank26 [ Iraq boots-on-the-ground report ] FIREFLY: The CBI governor is on the news saying they will support and back all banks in Iraq. And if any bank has issues the CBI will assist quickly and help out. They talked about the reserve levels and they are at the highest in the history of our nation. They are educating us more than ever before...they also talked about how strong and stable the CBI is...Hopefully this will help those of us invested in Warka Bank. Only time will tell..! Blessings - RON
  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... RON *** Frank26 [ Iraq boots-on-the-ground report ] FIREFLY: Bank guy says there's too much turmoil right now. It's too unstable he thinks for a major change. Until something is settled about government...FRANK: ...We need a fully seated government. I agree with that 100%. That is where we are at...IMO a fully seated government is right around the corner. It's very very close...
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The banks are putting signs out again in their windows about the open house they are inviting us citizens to next Monday. They're telling the citizens to coming in and to open accounts...and get our cards. They're talking about loans...all of this is part of a new strategy to grow Iraq's economy... FRANK: The CBI prepares you to use the new small category notes inside of your country...the same way that they have prepared the international banks to use the new small category notes in their country outside of Iraq's borders internationally...the next step will occur after Kazemi returns from New York...
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real. *** Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government." *** Mark Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. He definitely will not...based on no effective Gov't. and common sense..! But that is what a few of my Fake contacts believe will happen…. We pray that is what happens. *** Pimpy Article: "Iraq ranks 47th among the largest economies in the world." ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good. FRANK: All the telltale signs are there. You can read the writing on the wall...notice how they focus on the reforms and they ignore the political non-sense. That's what the CBI governor just did...
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: The 17th was given for all government officials to resign. If they do not resign bythe 17th then all thunder will be released... FRANK: ...a date was given by who?... FIREFLY: Sadr is the one saying we will bring thunder on the 17th if no dissolving of the government. It looks like doomsday is coming. [post 1 of 2] *** Frank26 FRANK: Yeah, it sure is coming...We've got 10 days to go. Oh my goodness watch the bad guys...IMO they have a date for the reforms and they have to clean their government of Iran terror as quickly as possible. [post 2 of 2] *** Michael Cottrell Question: “Can you explain why the death of the Queen is important for the RV to happen? It would seem that this is the end of the chapter and possibly the book on what has been going on for the last 70 years. And, it’s quite possible that this is the beginning on what’s going to occur –to force us to have the RV. However I still believe it will be in October…but possibly in Sept. *** Walkingstick The 17th is definitely a deadline but you have to understand something. The IMF required before they would lift the value of their currency that they had to clean their house. That was part of the many financial agreements that theCBI and the government made with the IMF... [Reference Guru Frank's Iraqi Boots on the Ground update above.] *** Samson Article: "Despite The Great Challenges ..Achieving Self-Sufficiency For 15 Crops In Iraq" Quote: "Despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and approached self-sufficiency for animal products, especially poultry, by a large percentage," *** Pimpy If Al-Kazemi resigns I think that's it for Iraq. You're going to see them go to war with each other. The one person I think people feel pretty comfortable with is Al-Kazemi. If he leaves his position man that's just really bad news... *** Frank26 Question: [Is Kazemi really coming to the Untied States or is that nonsense?] Kazemi has gone to many different countries that were against him to tell them, 'I am in control of my country. I am in charge of my country.' How many countries has Kazemi gone to? I love the fact that he's saving the best for last. I wish I was a fly on the wall when Kazemi talks to Biden.
  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... RON *** Pimpy This is good news. Article: "Officially.. Iran is offering the Iraqi dinar in its local banks" The more people to use the dinar the more there is a demand for it...this is good. Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value. So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings. *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions. *** Militiaman Article: "Kurdistan Retirement releases salaries online next week" They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system. *** Walkingstick Iran knows, and has known for a very long time, that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.
  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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a big sting operation. They set it up. A major lead government official was arrested for taking bribes. They're showing this to us on the news. They're saying there's a major crackdown on corruption and more arrests are coming as Iraq will eventually cut the head of the snake. [See Pimpy's posts in Tuesday Early Afternoon Opinions @ 2:05 PM CDT - 9/06/2022]
  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... RON *** Sandy Ingram It is difficult to move forward with a revalue or a float of the currency when the entire country is in a political crisis. Things are changing by the day in Iraq. *** Kaperoni Iraq is in a very volatile sensitive time. There is no RV, but we do want to see Iraq themselves negotiate their way through this crisis. *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi came out and told us if things continue the way they are right now this is not right, you don't kill us! He is threatening Article 81 of the constitution and to make the position vacant to form a government in 15 days span... FRANK: What he's saying is there is an article in their constitution where the prime minister under certain conditions can dissolve the government...this has been his plan...start brand new under his leadership...
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