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Showing results for tags 'bs rumor'.
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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 5-23-2025 Clare Article: "US warning of Tehran's influence on Baghdad's relations with Erbil" Quote: "Secretary of State Marco Rubio's statement regarding the rise of Iranian influence in Iraq, which he considered 'a serious threat to American interests,' has raised concerns about the US turning its back on Iraq to deal with it according to a new relationship that does not rule out taking 'necessary measures' against the country. In testimony before the US House Foreign Affairs Committee on Wednesday, Rubio stated that Iran's influence in Iraq has clearly increased and has seeped into the joints of the government, posing a serious threat to American interests. US Secretary of State Marco Rubio affirmed in his testimony before the US House Foreign Affairs Committee that Iraq must respect the autonomous entity of the Kurdistan Region and must also commit to respecting American companies operating there." 5-23-2025 Pimpy What we want to see happen is Iraq to change their exchange rate but leave the zeros on the banknotes. That's what we want. That's how you make your money. If you're going to be rich that's how it's going to happen. All of a sudden, you wake up one day and for whatever reason Iraq has decided to change your exchange rate to $3.22 without removing the zeros. Boom! ...Get that money... because that's the only way you're going to make millions based on all the studying I've done of redenominations and revaluing throughout the histories. And Now - Some Nonsense..! 5-23-2025 MarkZ Comment: I hear banks are getting ready. Mark: I have heard that as well…and makes me feel good. Comment: I think it could go anytime now. Mark: That is what I hear.
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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 2-15-2025 Kaperoni Article: "Iraq on the list of countries most attractive to investments" 2-15-2025 MarkZ Question: Mark, do you think it’s possible the dinar will be on forex Monday Feb 17th-Presidents day? Mark: I think it’s highly possible. I have multiple confirmations of bond commissions being paid in the last 24 hours on historic bonds…(??? Here he goes again with the BS) I am very excited but do not know what it means for our timing…yet. But this is money going to people I know. People I know have money… I am very excited... a number of contacts now have spendable dollars...this has never happened before. This is brand new and gives me great hope. Question: so once bonds are paid it’s our turn? Mark: Yes then it’s our turn. {Rumor} 2-15-2025 Frank26 Question: "Your friend has [an Iraqi] bank in Dearborn Michigan would you exchange your currency at that bank?" No, no, no. I'm an American. I'm a patriot. I'd rather exchange at an American Bank, even thought I'm not too happy with them, because I want the dinars to go to our federal reserves to help our country. If I go to Aki's bank the dinars will go back to the CBI...The CBI doesn't mind we are helping our country... 2-15-2025 Fnu Lnu People who will get paid before the official FOREX listing are contract holders who contracted to sell to private buyers. These contracts are pre-2011 October. This is because of the "Law Of One Price". It is illegal to sell the same financial instrument for different prices in different markets. There are a few other groups that were sanctioned by the UST but they are very few. They will get higher returns on investment than the regular guy off the street. It is a myth that you will be offered a "Contract Rate" at a "Redemption Center". Neither exist in the real world...ALL sanctioned groups are under strict NDA's. There will be no telegraphing of pre-payouts and no one will be "Screaming Like A Stuck Pig" lest they want their payments clawed back. (Lose their money)
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Samson Article: "Iraq to Permanently End Controversial Dollar Auction by End of 2024" Militia Man Article: "The Central Bank of Iraq pursuant to its law 56 of 2004 as amended is responsible for determining the categories of Iraqi banknotes paper and metal, their measurements and their shapes, printing paper notes and minting metal coins." What's not normal about this is they don't have any coins. They don't have any metals. Why are they talking about it now, today? That's powerful...If that 'mechanism' is now changed as Saleh says, that mechanism means there's going to have to be significant change. That means the value of the exchange rate is going to change. You don't need coins at an exchange rate of 1310. It doesn't work that way. The value has to be there. Frank26 The United States Treasury and Alaq are handing out awards to their employees for the success of the monetary reform and the success of the new currency. Alaq then comes out and he shows the Iraqi citizens a big giant bulletin board that show the old 1 note from the 1940s. That means IMO they are now going to show the new lower notes of 2025. Wolverine [BS Rumor] Get ready everyone we are ready. All protocols have been met and everything is ready to go. We just have to wait for the GO sign. I’m expecting the 1 or the 2nd of January. I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025. Not long to go guys. God bless. MarkZ Question: Mark a couple of people were [saying] that Iraq could easily say all of their old currencies are worthless and un - redeemable and go with the new. Is that even possible? Mark: In short-NO. Not without losing respect from everyone in the world including Iraqi citizens. They have to honor them if they want the world to support them.
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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 Frank26 The banks are no longer saying it's a scam. The banks are now looking at us and their eyes are popping wide open and they're saying can we have your name and phone number please and then they pass that information up and the next thing you know those wealth management people are calling and saying, hey listen, you know I want to talk to you, I want to set an appointment, you have any question etc, etc. You could have 5 cents in your account and they're calling you because they know who you are. yada The contractors received their exchanges, Iraq has removed all the corruption, ISIS, and now they have digital banking in the banks taking the control of the money out of the hands of the CBI. The amendment for the rate changes was done last weekend and the Iraqi people know the rate is changing AND the banks in Iraq are operating with the basket of currencies for international business as we speak. MarkZ [BS-RUMOR] I do have updates from different contractors and contractor groups. My personal friend over there says he will not give a rate as it would compromise the contracts. But I have heard from a couple others that the most common rate they are being told is $3.92 as they are redoing contracts. I do not know how accurate that is but thought it was worth sharing. I did hear it from a number of sources so it may be just circlet, but it does fit closely to what is expected. $3.92 would be awesome, but consider it a rumor for now.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Question: "Are the lower notes out yet?" You would know it if they're out, the whole would would know it instantly. So,no..! Samson Article: ”Economic: Protecting banks and exchange companies from sanctions is the most important file for the Central Bank" And Now, Mark's latest MarkZ I am seeing rates of somewhere between $3.81 to $3.91 from a number of contractors working in Iraq. They are working on infrastructure - everything from hospitals to power grid to roads etc... And I am still thinking it will be $2 something on the dong. I hope I’m wrong and my contacts are right and it’s closer to the $3 mark.
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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 Kaperoni Question: "So would the CBI set the initial float rate?" When a country makes a determination to float their currency, the exchange rate is whatever the official rate is at that time. Supply and demand then takes over from there. MarkZ I did have multiple bankers over the weekend get notified and are beginning training today. They are “Training to handle foreign currency exchanges”. Boy oh boy, how many times do they need to train them Mark..? (LOL) Some of the currencies mentioned are exactly what we are holding... And they are being trained on them... They need to know the security features on the various bills in order to verify them on site. That is what they are training on... NOW - THIS WEEK-IMMEDIATELY!!! These are banking people who have never been trained before… these are some of the ones the banks had told them “No, this is never going to happen” and now suddenly the banks come to them and say “You have got to get trained now - this week - immediately”...Gave me a good warm and fuzzy feeling today. What a bunch of .... Mark just can't stop shoveling it..! Pimpy If the dinar were to go free floating, that means the rate it will adopt is going to be the one that we see on the parallel market...It all depends on at what value they set to start the free float (usually the official rate), if that's what they decide to do. Paulette Community Comment: "On May 9th it has been announced that Iraq will become a FULL member of the WTO." Where & when was that announced - I haven't seen it anywhere? I have not seen where Iraq has participated in the Third Round of negotiations... It took Iraq since 2004 to complete everything assigned in the First Round of negotiations. It was only earlier this year that they completed those requirements. They were given tasks in the Second Rd of Negotiations which they are in process of completing. They may be given tasks in the Third Rd of Negotiations also. The Third Round is scheduled for "mid-year". I believe the only countries that have completed everything for the May 9th Ascension Ceremony are Comoros and East Timor.... Frank26 What the budget needs is for parliament to view the amendments that Sudani made, and I pray one of those amendment is a new line item with a new exchange rate. But the rate MUST come from the CBI..! Walkingstick The main reason why they're going to float the Iraqi dinar is to build confidence in the country of Iraq. A float brings in these investor that Sudani has been signing left and right. These investors will watch the float and as the float increases they will say to themselves, 'Hey, maybe I should invest in this currency.' ...The float is to build confidence in the country and in the currency of Iraq. Kaperoni Article: "Al-Rayes: The path of development is the first gateway to sustainable economic advancement" If and when the Iraqi dinar begins to float, supply and demand based on Iraq's economic success will take over. Only with the success and growth of Iraq's own economy can the dinar go up in value. How fast and the pace are determined by those factors.
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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 Frank26 Question: "Is Iraq going forward with only dinars as of January 1st?" Yes and that is the key...the next 24 hours is a very important key to see if they use it to unlock the monetary reform....If the Iraqi citizens have absolutely no other currency but the dinar to use in their country...how are they going to do it with a 3-zero note that has almost no value to it? MarkZ Question: Do you still expect all currencies to go at the same time? Mark: Yes…I still it expect it to all go at once. Mark has NO WAY of knowing, and always guessing. Why does everyone think other currencies (Dong) will have a value increase if Iraq does. All conjecture & BS. Sheila IMHO... We wait for ISX to open Tuesday... Then Tuesday evening Iraq said they will pay salaries out of budget? Hoping these are clues to going from program rate to international market 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 Petra ...We do know that somebody dealing with the deployment of the new rate dropped the ball…hence the UST personnel being sent to Iraq to GET IT DONE! ...the game of chicken was lost when the “execution” of the rate and notes was not accomplished in the time frame Sadani wanted... Frank26 I know they were supposed to open the budget...with instruction and they did not. Once again, I say who cares. We know the cha-cha-cha of this dance. The Middle East does not have a watch. They use a sundial and it just take a little longer to develop... And NOW, for some of Mark's same old story..! MarkZ Most of my Iraqi sources are more excited about tomorrow or overnight tonight. But honestly we don’t know the timing yet...No kiddin'..! ...we are watching all the pieces come together. This long anticipated event is finally occurring right in front of us. As for the budget my sources say they are implementing it now. Money has started flowing and things have started happening. I am still looking for articles on this to come out of Iraq. It could be tomorrow before they are out. We are at a turning point...I believe the tide has turned.How many times have we heard this same tale over the 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 Mnt Goat ...I was told by my CBI contact they must get the budget passed first, then ratified. I am hearing from my CBI contact that it does not have to be in the gazette, but that to get the green light for the reinstatement they need it passed in parliament and ratified. The Kurds must be happy! ...All I can say now is … Get that champagne in the frig! MarkZ The reports coming out of Iraq…the official rate is around 1310…. So a US dollar officially will buy 1 thousand 310 dinar…well that was true a few days ago. ...In the “parallel market” today [Wednesday] …and what they are seeing in the streets...is a rate of 1050…so one US dollar will only buy one thousand and 50 dinar. This is enormous news and coming from several regions in Iraq. This means it is stabilizing and correcting itself quickly. How the CBI responds to this will be interesting. That is almost a 10X change in value in 3 days. That is stunning progress out of Iraq. I have no idea where this clown Mark gets his information from, but here's the latest from Shafaq News: Our correspondent indicated that the buying and selling prices in exchange shops in the local markets in Baghdad decreased, as the selling price reached 148,000 Iraqi dinars, while the purchase price reached 146,000 dinars for every 100 dollars. From Midnight Wednesday Frank26 Everybody, everyone, all banks around the world, they're not stupid. They're not throwing their money in a bottomless pit. They're throwing it in a county that is about to have a monetary reform explosion and you're seeing the shadow of the monetary reform explosion. And you know what that shadow is? The economic reform...the shadow of the economic reform is growing so big...that's why you should feel good, even with a recession looming over Iraq...the United States of America. There is a rescue... Walkingstick We've told you many times there's an announcement on the [New Iraqi] ATMs to the citizens basically saying, 'Hey, look, these ATMs right now are closed but coming soon you to you Iraqi citizens they will be open to you.' They are not activated. They are not turned on as of right now. Kaperoni Iraq truly cannot become the economy they want until they have created the conditions. This takes work...The passing of the budget to be some significant event for an RV. Not true! Monetary policy is not a random act. Until Iraq diversifies their economy and begins to have significant Improvement in their GDP nothing will happen with the dinar. GameofPatience Comment "The CBI changes the rate not the HOR" Iraq's budget is calculated off the currency value. So it's actually a coordinated effort between CBI & GOI. If the rate were to change, it requires the House of Reps to amend the budget changing its figures / calculations.
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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 yada We are in the midst of the process...close enough to see the rate...A good week for us. As to how fast is of no matter, the fact is it has started...The activation of the ISO 202022 [international standard for relaying electronic messages between financial institutions.] was activated today so all the digital systems are connected. The SWIFT system on steriods connected with the regional BUMA system who will clear the dinar. And when the lower denoms are released - it's the trigger for us for the rate to be released. And NOW, a bit of BS from one of our clowns: MarkZ We are seeing some really substantial rates bouncing around the screens. $6.80 has been one we have seen for the dinar. We don’t know if that is a real rate or a place holder. We are also seeing dong showing up over $4 regularly. We really don’t know if they are placeholders or real rates... I'd love to know what screens they are watching - pure BS...RON
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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 ... Especially if it comes from Mark... RON Frank26 [Q? : How long with the float last?] ...6 months - a year. They'll give it plenty of time. They are not just going to stop it without telling you. But they will start it without telling you. Samson Article: "Al-Nusairi announces the release of his new book, "The Central Bank of Iraq...The Journey of Challenges and Achievements 2003-2022" Quote: "The book reviews the challenges that the Central Bank of Iraq faced during twenty years, the policies, programs and strategies it adopted and the achievements that achieved its goals" And now we come to Mark's latest MarkZ ...folks in groups are expecting a lot to happen tomorrow. I think they are still premature…but there has been fantastic chatter. I am not hearing anything negative…I’m just trying to keep us all grounded. Its been an encouraging day…nothing negative and nothing earth shattering either. I was really expecting a lot more today...Based on everything I am seeing I am fairly confident we will be going in January. My contacts may have egg on their faces by next week if we have not already gone by then. But, we are watching serious solid progress day in and day out….
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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 ... Especially if it comes from Mark or Ray ... RON Nader From The Mid East In My opinion the country can be fixed - yes. The dinar can goes up yes...[but] people all over the world are holding 70 trillion dinars in their hands. Cash. ...Some of you own 1 million...10 million...50 million...IMO as long as we have too much cash...the dinar is not gonna gain value...Who are these people..? Not that much owned by ordinary people like us - Several countries, Banks maybe, Maliki & his ilk, Globalist millionairs, but I believe the CBI has a pretty good handle on where. Militia Man Article: "International Standards in Banking with the CBI" Quote: "facilitate the movement of banking transactions and trade exchange in accordance with international standards." What is not to like about this? Not only is the USA involved, China is too. Don't forget that China has been added to the IMF SDR basket, first to be added in 50 years. So it is not surprising that China would be involved in some shape of form with Iraq. MarkZ Many articles out showing Iraq is positioned to move into the world scene. Have you ever seen a country move onto the world scene as an economic powerhouse that has a currency worth nothing??? Well there isn’t one. KandG Article: "What is meant by currency float? What are its advantages and disadvantages?" Very interesting to see an article such as this - WHY would you ever talk about a float - to educate the Iraqi citizens maybe? - maybe you have just told on yourself on what you are doing? Clare Article: "In numbers, the central bank reserves increased by 46% of the foreign currency" Quote: "The central bank's reserves amounted to 96 billion US dollars, an annual increase of 46%, and the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%. %" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks have been open the last two days to sell dollars to citizens. This looks good because they are collecting 3 zero notes! Pimpy There are some games being played with the Iraqi dinar and it looks like Al-Sudani is looking for ways to put a stop to this. I really think it's a cat and mouse game between America and China and Iraq's right in the middle of it. yada [Q? : I wish I could find evidence that the dinar is no longer pegged to the US dollar but I can't. Can anyone help?] The evidence is in front of you. The fluctuation of the dinar and dollar the past 15 days was it. It had never move this much prior to this because it wasnt, it was moving up and down. And going forward, the Float in itself is proof. And now for some of MarkZ's outrageous Nonsense..! MarkZ .....What we are hearing from the banking side of this…I got one great message overnight that simply said “S*** has started”...I am hearing very positive things that the ball has started rolling last night…but, I don’t know what that means for us timing wise…yet. I am getting positive feedback from meetings with no specifics... We didn’t get the smoking gun overnight we hoped for but I am not worried as we are starting to see steady progress. Same BS as yesterday...LOL..!
