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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 2-6-2025 Fnu Lnu Here are the key components [of the new training happening now]: First, Cross Border Payments - Iraq did a very poor job of remittances across borders which branded it as untrustworthy and undependable. This training will give Iraqi banks the necessary tools to completely eliminate the former days of suspicion. This will open up the wide world of trade which will in turn continue to drive up demand for this valuable currency. Second, Financial Integrity - The banking industry has struggled with corruption and inefficiency...No one wants to take a chance on countries that cannot be trusted. This training is tackling these problems head on. Adherence to AML standards is a must. (Anti-Money Laundering) The mere involvement with K2 Integrity consultants, the gold standard...sends a clear message that Iraq is serious about becoming a global partner. This is the final piece of the RV puzzle. [Post 1 of 2] 2-6-2025 Fnu Lnu So what does this mean to you as a Dinar investor? It means the groundwork is being laid for the RV of the Iraqi Dinar. It is no longer a question of "IF" but but one of "WHEN"? Only the most serious of potential global traders are tutored in the protocols of the Integrity and Cross Border Payments regimen. The RV has always been a matter of speculation but now we have tangible proof that it is about to happen. The INI wouldn't bother nor would the K2 consultants, if they didn't believe that Iraq is ready. We can now relax and wait for Iraq to acquire this training and apply it to the RV which has already been established. [Post 2 of 2] 2-6-2025 Militia Man Iraq's had restrictions on her currency and currency transfers. She hasn't been on the Forex in an international capacity. Why? Because...it has to do with the IMF...obligations...compliance and it has to do with currency transfers across the world for trade...The central bank is talking like she's going international...That sounds like having the ability to move her money, which is the dinar, across borders and to do trade. It looks like Iraq has the ability to fully access the IMF's compliance with Article VIII and Article IV of IMF's requirements...which promote free convertibility of member currencies...It looks to me Iraq has gone as far as she possibly can in making an announcement... 2-6-2025 Clare Article: "Trump Restores Tough Line on Iran—Includes Watch on Iraqi Banks, Gulf States Transshipment of Prohibited Goods" Quote: "U.S. President Donald Trump revived the tough line toward Iran... Two documents released by the White House: National Security Presidential Memorandum/NSPM-2 and Fact Sheet: President Donald J. Trump Restores Maximum Pressure on Iran. NSPM-2 is addressed to 17 senior officials at 16 U.S. government agencies, including the State Department... NSPM-2 directs the Secretary of State to take immediate steps in coordination with the Secretary of the Treasury...to ensure that the Iraqi financial system is not utilized by Iran for sanctions evasion or circumvention and that Gulf countries are not used as sanctions evasion transshipment points.” 2-6-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is saying great efforts are being made to protect our national currency with counterfeit and money laundering. FRANK: That's true. There is a very great effort being put to protect your national sovereign currency ...And it will have a new exchange rate to match it. All the monetary reform education taught to you up to this point is what's going on. The training at the border is playing an important part in the security of your currency. IMO your dinar is about to become the most powerful currency in the world surpassing Kuwait. 2-6-2025 MarkZ Article: “Parliamentary Finance discusses with a US delegation the file for contracts of foreign oil companies operating in Kurdistan” They are getting things sorted out to put final numbers on the budget tables for HCL. Big things are going on. 2-6-2025 Mnt Goat Article: "PARLIAMENTARY FINANCE COMMITTEE “EXPLODES A SURPRISE” REGARDING THE COST OF EXTRACTING OIL FROM THE KURDISTAN REGION" Kurdistan has always wanted a bigger % of the oil proceeds as the % now allocated is not enough. The cost of extraction varies by oil well and this has been the reason all along why the Kurds are illegally selling their oil outside of the pumped metered system. This can easily be remedied but Baghdad has to take the time to listen and then take actions to reason with the Kurds on this matter. They are going to work it out as the budget amendments have been passed. *** Wednesday Midnight Opinions *** 2-5-2025 Frank26 Even if the budget comes out at the old rate, don't panic. Sudani knows what he's doing. The longer he can hide this form parliament the better...All the information about the new exchange rate has not been released yet, but within...13 days this budget will expose itself. It has no choice...This budget has no choice but to show its true colors in order for it to come to life...A new exchange rate cannot wait much longer. 2-5-2025 Clare Article "Two experts to {Sabah}: Iraq's cash reserves are {reassuring}" Quote "Academic Dr. Nabil Al-Marsoumi Iraq ranked third in the Arab world in terms of foreign exchange reserves for the year 2024...to (106.7) billion dollars in 2024 according to data from the Central Bank of Iraq...He added that the country has large cash reserves, which are greater than 100 percent of the volume of the issued currency..." 2-5-2025 Sandy Ingram Over time the Dong's value decreased, making it one of the lowest-valued currencies in the world. Despite this, Vietnam's economy has grown rapidly in recent decades, and the dong remains a crucial symbol of the country's resilience and independence. The word Dong means copper in Vietnamese, a nod to the traditional copper coins used in ancient times...You can trade the VND on the Forex Market or you can do what many investors...have done and that is purchase the currency...and wait for the value to increase. 2-5-2025 Militia Man I think we all know the United States is sitting on a very large stack of Iraqi dinar. Probably many other currencies as well because if we know about it they know about it. If we can figure it out, they probably have. They're one step ahead of us. That's a good thing because if this is a benefit for the United States of America and if it's a benefit for Iraq and if it's a benefit for other Middle Eastern countries...let's get going. 2-5-2025 MarkZ Article: “Iraq and Jordan agree to reorganize entry of goods” They are working on a joint economic city on the border so this will become a “border city” or a trade city for both sides. Jordan is widely accepted as a friend to all westernized countries and will open up an enormous door for Iraq internationally. This is big and exciting news. 2-5-2025 Frank26 IMO they are using the lower notes at the [Iraqi] border for training. 2-5-2025 Clare Article: "Trump cancels US exemption for Iraq to import electricity and gas from Iran" Quote: "US President Donald Trump canceled, on Wednesday, the exemption granted to Iraq to import electricity and gas from Iran, as part of the new package of sanctions on Iran...It also includes taking immediate steps, in coordination with the Secretary of the Treasury and other relevant agencies, to ensure that Iran does not use the Iraqi financial system to evade or circumvent sanctions, and that the Gulf States are not used as a transshipment point to evade sanctions"
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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 2-3-2025 Fnu Lnu The Dinar is now getting International attention. I was just on a conference call with a very small group of arbitrage experts based in Singapore. Imagine my surprise when the call mentioned Dinar and the second part of the call was about the Dinar. The good news? The moderator said the RV was completed, which many of us have believed but couldn't prove. The final steps of the RV are contingent upon the completion of the "Financial Integrity and Cross-Border Payments" training program. [Post 1 of 3] 2-3-2025 Fnu Lnu The "Institute for Financial Integrity" (IFI) based in Washington DC, has announced an initiative aimed at enhancing Iraq's banking systems...in collaboration with the CBI and K2 Integrity, will provide training to the NBI (National Bank of Iraq). This will be a huge boost for the banking sector, provide essential training, and drive value. This training is vital to insure to the investing world, that Iraq is up to International standards. Though the RV is completed, this last important step is what is causing, what we perceive, as a delay. It is no delay at all. It is about how to distribute the funding. This also signals that we are now so close you can just smell the greenbacks as they are distributed, cross borders, to eagerly awaiting American Dinar investors. [Post 2 of 3] 2-3-2025 Fnu Lnu This call was so information dense that I will have to listen to it several more times to digest all of the content. The function of revaluing the currency is completed. The rate is decided. All the numbers are calculated. What is left to do is to be trained on the physical task of properly distributing it. Crossing the T's and dotting the I's...We are so close now it is crazy. This training can be done in a matter of days. This is why the UST and others are in Iraq right now. This is all brand new ground and you are on the inside of this knowledge. [Post 3 of 3] 2-3-2025 MarkZ We were told after the HCL was complete – to expect the RV in a matter of days. A big roadblock to HCL was removed yesterday. Enormous things happened over the weekend. Many expected the RV rate to be there this morning…but I thought that was a little premature. Stay calm everyone. 2-3-2025 Frank26 It's amazing...every time they release information, it simply points at a new exchange rate. It's getting closer and closer with each announcement. 2-3-2025 Clare Question: "Should I be celebrating this step [passing the 1st amendment to the general budget law for 2023-2025] or be frustrated? My simple mind wants to know" THIS IS A MAJOR BREAKTHROUGH IMO. IT IS WHAT SUDANI WANTED AND HE MADE SURE IT HAPPENED TODAY! (THAT'S WHY HE HAD THOSE MEETINGS FRIDAY NIGHT.) IMO 2-3-2025 Militia Man Article: "House of Representatives votes on the draft law amendment" We've been waiting for this. Quote: "The House of Representatives voted yesterday Sunday February 2 2025 on the draft law amending the first budget law...with attendance of 176 representatives." That tells us they have a quorum...That's powerful. They look like they indeed had the vote...This is an important step to reconnect the region to global markets. That's internationalism. That's big...Obviously big change is coming.
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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 2-4-2025 Clare Article: "Sudden US move threatens development projects in Iraq" Quote: "Billionaire Elon Musk, who is leading US President Donald Trump's efforts to reduce the size of the federal government, announced the progress of these efforts, pointing to the ongoing work to close the US Agency for International Development [USAID], according to Reuters. The decision to close the agency is expected to negatively impact development and stability projects in Iraq, which may lead to a reshaping of bilateral relations between the two countries, especially if this lack of international support is not compensated" 2-4-2025 MarkZ Question: If Iraq is doing so well with a rate of 1310 - why do they need to change it? Mark: Because it’s a rentier economy. Meaning it’s not sustainable. They need to properly represent themselves internationally …It’s very important for Iraq to change their rate. 2-4-2025 Mnt Goat Article: "AL-SUDANI: WE ARE A CORNERSTONE IN THE STABILITY OF ENERGY MARKETS. THIS IS HOW WE ARE VIEWED" Quote: "Iraq’s global standing is gaining a brighter image in economic growth, reforms and increased levels of cooperation in all energy forums. Iraq has become a cornerstone of global oil market stability and is on its way to becoming a regional energy hub..."
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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 2-4-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: A delegation from the CBI will go to the USA in early April...Television just showed Alaq met with a high delegation from the USA and the CBI. A lot is happening. Television special saying Iraq's $100 billion in reserves backs Iraq's stability and credibility in the world. 2-4-2025 MarkZ I do not see it put in the Gazette tomorrow, but there is a good chance it will be in there on Saturday. What is he talking about...? The HCL, new rate, or what..? 2-4-2025 Militia Man If they're going to be paying salaries, if they're going to be allowing oil to move, change is coming. We can all feel they're going to have to adjust their exchange rate...If they were going to expose 1310 they would have done it a long time ago. They would have never waited this long. They wouldn't have hid it and they would have made the budget tables public. Are they waiting for a special time? It sure looks like it. A digital transformation is upon them and they're going to have an interconnection with a digital platform to move their currency. I think Iraq is probably not going to be the only one that's going to be involved in this. 2-4-2025 Samson Article: "To discuss military and strategic files.. A "high-ranking" American official will visit Baghdad soon" 2-4-2025 Clare Article Quote: “After voting on amending the budget law, the House of Representatives is waiting for the government to send the 2025 budget tables for approval, but until now we do not know when those tables will arrive, but this matter must be expedited.” 2-4-2025 Fnu Lnu The moment we have all been waiting for is upon us...Cross border payments - This training program illustrates Iraq's dedication to becoming a global player...Iraq has struggled with cross border payments...The involvement of the INI, CBI, K2, & NBI, and their collaboration speaks volumes. The subjects of transparency, efficiency and security are the subject matter of this training program. Cross border payments are essential for the success of any currency on the global stage...and is a key indicator of a country's economic health...This is how Iraq is opening themselves up to international markets and doing so with integrity and security. [Post 1 of 2] 2-4-2024 Fnu Lnu This is why this program is the necessary final step in the revaluation process. This...is about gaining the trust, globally, without which, Iraq will go nowhere and do nothing. Much hinges on the success and seriousness with which Iraq approaches and completes this training ... Eliminating corruption is the key that will unlock the door to the RV. In order for a currency to be revalued and accepted internationally it needs a robust financial system that can support international transactions. As the Iraq financial system becomes more appealing to foreign investors, it drives up the demand for such a stable currency. This shows something [Newshound Guru] Kaparoni has harped on relentlessly but now we know how that is accomplished. There are only a handful of elite countries that have such a high rating. [ Post 2 of 2] 2-4-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks are training on cross-border payments...Mr. Sammy wants you to know...the cross border payments are currency exchanges with Iraq and with other international countries...It's really a little deeper training that just saying cross-border payments. FRANK: IMO the training is being done with the new lower notes...To see this kind of training at the borders is fantastic! 2-4-2025 Sandy Ingram The Iraqi parliament held a crucial vote on Sunday to approve amendment to the 3-year federal budget law. This decision carries major economic and political implications particularly for restarting oil exports from the Kurdistan region...This vote is crucial to resolving financial and energy disputes between Baghdad and the Kurdistan region. The outcome will significantly impact Iraq's economic stability, energy production and the relationship between Baghdad and Erbil.
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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 2-5-2025 Samson Article: "Governor of the Central Bank of Iraq receives the French Ambassador accompanied by a delegation from the French business sector" Quote: "The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received the French Ambassador to Iraq, Mr. Patrick Dorrell, and a French delegation, which included a number of French banks and companies in various sectors, in the presence of officials from the Central Bank of Iraq and the Director General of TBI Bank." 2-5-2025 MarkZ Question: What are we expecting once the budget tables are done? MarkZ: We are expecting and hoping the Iraqi tables to have new rates. Amounts and new rates for currency…I am told parliament is working on them today. 2-5-2025 Fnu Lnu [Response to Clare USAID/Elon Musk 2-4-2025 Article below] Elon Musk is NOT on a mission to downsize the Federal Government. He is working on discovering and elimination fraud and waste...USAID is a grifters delight and has been used, since the Kennedy era, as a way to launder money. They give grants that are fraudulent...In no way will Iraq be affected by the closure of the front agency. After all, haven't we be inundated by statements of "Ending Corruption In Iraq"? This is a puff-piece article of no consequence. It is merely an anti-Trump (TDS) article...Pay no attention as it couldn't possible have any bearing on the important and vital work being done in Iraq. 2-4-2025 [REPOST] Clare Article: "Sudden US move threatens development projects in Iraq" Quote: "Billionaire Elon Musk, who is leading US President Donald Trump's efforts to reduce the size of the federal government, announced the progress of these efforts, pointing to the ongoing work to close the US Agency for International Development [USAID], according to Reuters... The decision to close the agency is expected to negatively impact development and stability projects in Iraq, which may lead to a reshaping of bilateral relations between the two countries, especially if this lack of international support is not compensated"
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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 2-4-2025 Clare Article: "Government advisor rules out Trump's oil cut plan, predicts appropriate price for Iraq" Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Salih, ruled out the success of US President Donald Trump’s plan to reduce oil prices in global markets...Saleh believed that what President Trump launched to work to make America the first producer and exporter of crude oil in the world to reduce prices will collide with the cost of producing shale oil...which exposes American oil to loss unless American oil touches $80 per barrel to exceed the actual break-even point to recover costs and achieve profits." 2-5-2025 IFrank26 Kurdistan is ecstatic. Kurdistan is happy. They passed the amendments, the parts of the budget...You now have oil flowing from Kurdistan to Baghdad and the price they accepted tells me there's a new exchange rate. How can all that be at 1310..? Eventually the budget will reveal the new exchange rate. 2-5-2025 Clare Article: "To discuss military and strategic files.. A 'high-ranking' American official will visit Baghdad soon" Quote: "The American official will discuss the mechanism for restructuring the relationship between the United States of America, in addition to understandings in the areas of security and defense, along with files related to the US Federal Reserve." 2-5-2025 MarkZ [RUMOR] I was told it most likely will be on a Saturday night into a Sunday Morning. Between 11 pm est and 2 am est. That is when the banks are quietest around the world. The second best time is a Thursday afternoon. 2-5-2025 Mnt Goat Article: “IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS”. I have to once again reinforce...that the issuance of the visually impaired three zero notes is not an issue. As an investor, this is not something you should worry about, it is actually a good thing for our investment not a negative impact.
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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 2-3-2025 Samson Article: ”Al-Sudani: Parliament's approval of the budget amendment confirms political stability, and we call for starting it immediately" 2-3-2025 Mnt Goat President Trump...has now taken on the issues involving Iraq. This is a very good for us investors as we all know the value of the dinar has been greatly suppressed due to corruption and stalling. Yes, we all know and so does the CBI that this needs adjustment. The adjustment is coming but it will take political willpower to do it.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-3-2025 Frank26 It was Dr. Shabibi that said to our BlueStar, that's his user name, his name is John, when he met Dr. Shabibi at the United Nations...John asked Dr. Shabibi what do you need in order to bring back the value of your currency. After a long pause...he says, well John, my country needs security and stability to be able to bring back the value of our currency. The United Nations just declared it. The whole world knows it. Everybody you can think of, from IMF, World Bank, BIS, everybody is proclaiming the security and stability that is in Iraq. If you think that's by coincidence, you're wrong. 2-3-2025 Clare Article: "Parliamentary source: Parliament's vote on amending the budget does not mean approving the 2025 schedules" Quote: "The 2025 budget schedules were not approved in today's session, while indicating that the vote on amending the budget law was limited to a paragraph related to the Kurdistan Region's oil" 2-3-2025 Militia Man Article quote: "Al-Sudani and Barzani welcome the passage of the budget law amendment while considering the vote on the law a very responsible step" Will they expose the results of this outcome...? I believe they will. They have yet to expose the...'23,'24,'25 budget tables...Even though we haven't seen it yet, is probably just not public information. 2-3-2025 MarkZ Article: “Iraqi Parliament approves budget amendment-clearing path for Kurdistan oil exports” this will be about 20 million dollars a day in additional revenue. About 400 thousand barrels of oil that was not going to the budget. That is over 10 Billion dollars per year. They have also agreed and funded salaries. This is an enormous breakthrough over the weekend…Now it’s time to send the budget tables and finish those this week. They have agreed on it…now it is time to finish all the paperwork…that is where we are at right now. 2-3-2025 Kaperoni Article: "Catastrophic repercussions will affect everyone.. US threatens sanctions on "Rafidain Bank"
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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 What did we need for the monetary reform to realize its new exchange rate? ...What do we need in order for the new exchange rate to come out? Article quote "Our message at the United Nations is very clear, the message is Iraq is now stable and secure...We wish this country all the best and prosperity and all that is good and beneficiary for this country and the people of this ancient country." You know darn well they're about to release a new exchange rate, you want money don't you? This is amazing! Militia Man My passion for this is all the way through the whole time. I haven't deviated for 15 years. I believe in my investments and I stick with them when I believe in something. I don't get involved in things I don't believe in...I try to help as best as I possibly can. That's my nature. Sandy Ingram This is not good news...Well known Iraqi economist Nabil Jaafar Al-Marsoumi...has warned that US pressure to lower oil prices could...lead to a devaluation of the Iraqi dinar... [He] explained in a Facebook post that US president Donald Trump has pushed for Saudi Arabia and OPEC to lower oil prices. This move is intended to make energy more affordable and accelerate the end to the Russia Ukraine war. As a result, OPEC plus is expected to end production cuts of 4.65 million barrels within the next few weeks. This decision will likely cause oil prices to drop...A drop in oil prices to $60 per barrel would create serious financial challenges...If oil prices fall further to $50 per barrel Iraq may have no choice but to devalue its currency...Stay tuned and stay positive. Pimpy To answer your questions, yes there is a new currency. They have new security features. No, we don't have to rush down and swap those currencies out for this new currency, they're going to run side by side. Frank26 The East [Middle East bank owner contacts] were willing to talk to us and tell us we see those lower notes in those [January article] pictures. Yeah they're using the 3 zero notes. We asked why are they using the 3 zero notes, why don't they show them the real lower notes? They said because the real lower notes are going to look like the ones they got now. What? Yeah, they're just going to drop the zeros, the colors and the shape will still be the same. The only one that will be different will probably be the 25. It will be smaller and it'll be a 20. It's hard to get information but what little bit we've got is just so encouraging. Fnu Lnu [Response to Jeff's 2-1-2025 exchange info post below] When a currency is in a basket of currencies, as in IMF / World Bank, a currency can only deviate 2% up or down in a 90 day period. Go to the website and look it up. Plus, it has been stated in plain English, numerous times, by the CBI, that the old and new currency will coexist for 10 years. When the Dinar goes on the FOREX, you can exchange at any time you wish, wait as long as you wish, until the currency you hold is cancelled...which will be 10 / TEN / Diez...YEARS ...Capice'? Jeff [REPOST] Question: "How long should we wait to go to the bank if we are not needing money ASAP? In other words do you think it will start floating fairly quickly or will it take some time?" This will be a managed float, which means it can only change plus or minus 10% per day...When the rate changes it'll come out somewhere around the $3.80 range. That's my opinion. I don't think it's going to go over $4 until going into the 2025 budget period...I think it's going to stay below $4 during our 90-day window to exchange. I wouldn't worry about time waiting for it to float. Get it exchanged. Don't wait for this to go up in value because I don't think you're going to have that opportunity or time frame. Militia Man Article: "Al-Sudani opens the 48th session of the Baghdad International Fair" The event is underway with 20 countries and up to 1,000... Iraq is looking for the international and Arab investors to come into Iraq. All of which are looking for doing business with assurances they can invest in a secure and stable economic environment...It has been openly stated they have that and will continue with the support of the international community noted by...the United Nations directly this week. This is very good to see. Clare Article 1: "Iraqi Parliament Approves First Amendment to General Budget Law for 2023-2025" Article 2: "After approving the budget amendment, Shakhwan Abdullah announces containing the problem of Kurdistan oil and employees’ salaries" Quote: "Abdullah stressed that there is no longer any obstacle to resuming oil exports," Frank26 The fact that Trump has sent his new Secretary of Treasury people along with the Treasury Secretary is gigantic. What do you think they're talking about, the Super Bowl next week? Of course not. They're talking about what they're about to do, to give [Iraqi citizens] purchasing power.
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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 2-1-2025 MarkZ we hope to see the budget passed tomorrow. They tell us it will be put before parliament tomorrow (Sunday). 2-1-2025 Frank26 They're going to do everything on Sunday as far as the laws that are needed for the budget. If you do that and you open that budget - what's in the budget? What's in a piñata? Candy! 2-1-2025 Clare Article: "A site that suggests that the Iraqi per capita share of GDP will increase" Quote: "The German website Statista...the Iraqi per capita share of the gross domestic product will reach six thousand dollars annually in the year 2025...the Iraqi per capita share of the gross domestic product will continue to rise between 2025 and 2029 by 971 US dollars, equivalent to 13.93%. He added that "per capita GDP will rise for the sixth consecutive year to reach $6,971 in 2029." [Note: The per capita share of GDP for U.S. Citizens is projected to be $89,677 in 2025] 2-1-2025 Militia Man They haven't pumped oil out of Kurdistan yet and they haven't finished the unification of salaries yet...Those two items along with others will be a key component that to me need an Real Effective Exchange Rate. That's why they've been hiding 12-2 C [of the new budget amendment]. 2-1-2025 Jeff Question: "How long should we wait to go to the bank if we are not needing money ASAP? In other words do you think it will start floating fairly quickly or will it take some time?" This will be a managed float, which means it can only change plus or minus 10% per day. When the rate changes it'll come out somewhere around the $3.80 range. That's my opinion. I don't think it's going to go over $4 until going into the 2025 budget period. I think it's going to stay below $4 during our 90-day window to exchange. I wouldn't worry about time waiting for it to float. Get it exchanged. Don't wait for this to go up in value because I don't think you're going to have that opportunity or time frame. 2-1-2025 MarkZ They are kicking off the big expo in Iraq today – the 48th session of the Investment, development, prosperity Baghdad international fair. Happening today. Many are attending from out of the country including 1,000 from the US. This will be a very big international fair for them. 2-1-2025 Fnu Lnu Vietnam is a communist country thus it has a tightly controlled centralized economy. Vietnam has also been used as a storefront for Communist China. This disguises Chinese products making them look like Vietnam made when in fact, they are only assembled in Vietnam. China deflects criticism and Vietnam has a booming business in product assembly, packaging, and shipping. A currency value increase would cause Vietnam and China to lose an huge export advantage. China and Vietnam have both been long accused of currency manipulation. I do believe it will, indeed, be a while before Vietnam increases their currency value. 2-1-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says...we see Germany, France, Egypt they're all saying to us, 'just do it.' And ones [investors that arrived] today all praising Iraq saying we are stable and we want to do business with Iraq. Even Kuwait who has the strongest currency in the world is now coming in and supporting us. It's looking pretty good. FRANK: Kuwait holds the most powerful currency in the Middle East but we see the whole world running to Iraq, not Kuwait? They know the potential of the float of your currency on an international level is going to be insane. Iraq is the prettiest girl in town and everyone wants to kiss her. 2-1-2025 Clare Article: "Today.. Launching of the 48th session of the Baghdad International Fair with the participation of 20 countries" Quote: "The 48th session of the Baghdad International Fair opens Today, Saturday, with the participation of 20 countries and more than 1,000 local and international companies...This year will be different from previous editions in terms of the diversity of economic, cultural, and artistic activities." 2-1-2025 Militia Man We find out they had 300 businessmen with expertise yesterday, you have 1000 companies coming in tomorrow, you have the 12-2 C for the general budget on the table for Sunday and you have celebrations with TV screens on the streets, in homes and on news websites. I don't know if you guys see what I see but I don't think there's any coincidences in all the information...but we're going to watch and see because you never know what happens. I don't think anybody has ever seen what we're seeing today. I'm pretty excited about it just as you should be! 2-1-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq parliament just said they are going pass the budget law amendments this coming Sunday. FRANK: IMO it really looks like all the laws are about to be passed based on what you've been sending me. It really looks like the budget is about to be exposed, maybe Sunday. I don't know. It really looks like the new exchange rate is about to be introduced...Sunday might be very explosive. We may need a few days after Sunday, I don't know. 2-1-2025 MarkZ Article: “At Trump’s table: Rafidain Bank faces threats of US sanctions” This is a new policy to extricate Iran banking influence from Iraq…Trump has Iran in his targets. He wants all Iran’s influences removed from Iraq. Article: “Advisor to the US President: Trump is in the process of putting an end to Iranian influence in the middle east.” There seems to be a solid push to remove Iran. 2-1-2025 Mnt Goat I am positive that when the new U.S. Treasury secretary gives a report to President Trump on the reforms accomplished by Iraq under Al-Sudani, that they will finally release this currency from the grasp of the corrupt Washington establishment and finally free Iraq back into a truly sovereign state.
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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 1-30-2025 Frank26 The relationship between Sudani and Donald Trump is about to announce some initiative that is going to make America and Iraq stronger. The expectations of this are pretty high...What do you think this announcement from Trump is going to be? Community comment: MAGA and MIGA - Make Iraq Great Again. FRANK: I like that because that's exactly what this man is doing right now. 1-30-2025 Militia Man This weekend is going to be a very interesting time frame for us. It's really a critical time for us...they even use the word 'crucial'...They definitely have a critical time as far as I'm concerned... 1-31-2025 Clare Article Quote: "The US Republican representative ... demanding sanctions on the government-owned Rafidain Bank, accusing it of being a 'machine' for laundering money for the Iranian regime...Wilson wrote in a blog post on the X ....'the US Treasury and the Federal Reserve, under Joe Biden...have allowed Rafidain Bank...to become a money laundering machine for the Iranian regime and its agents to obtain US dollars.' The Republican representative stressed the need to 'impose sanctions on this bank'... noting that President Donald Trump 'will fix the matter'.... 1-31-2025 Frank26 Security and stability is what we constantly are seeing them brag about. I'm surprised they don't have the Goodyear blimp going by and saying, 'We have security and stability in Iraq now!' Everyone knows it. The whole world is pouring into your country. World banks are going crazy. Everything that should not be happening to your country because you're at a program rate is happening. How is this possible? What is this? This is The Twilight Zone...We now step into the new dimension called the monetary reform giving purchasing power to the Iraqi citizens. 1-31-2025 Mnt Goat The governor of the CBI knows the Dr Shabibi plan and it can not be stopped. It can be delayed but the reforms move ahead in spite of the U.S. foreign policy of the past. However, it also took a decent prime minister like Al-Sudani to move it ahead regardless. Remember the Nori Al-Maliki days. Yes, this was yet 8 more years of wasted time...All we need to do is take a good hard look at the last couple years of progress under Al-Sudani and we can clearly see a change. This took strong leadership and dedication to the White Paper reforms. This is where we are today. They are now at the point in spite of all the corruption they have made it to the finish line but now they need a push over it...
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 1-31-2025 Militia Man Al-Sudani has been having one achievement after the other and the results are out there for everybody to see. If you can't see it now, it's like man?? 1-31-2025 Clare Article: "Iraqi Bank Training on Cross-Border Payments, Financial Integrity" Quote: "The Washington DC-based Institute for Financial Integrity (IFI) has announced the launch of the Financial Integrity and Cross-Border Payments Training Program for the National Bank of Iraq (NBI), developed in partnership with the Central Bank of Iraq (CBI) and K2 Integrity." 1-31-2025 Sandy Ingram In the near future it's unlikely the Vietnam Dong will experience a significant increase in value against the U.S. dollar. Here's why: 1. Controlled Currency Policy. The Vietnamese government closely manages the value of the dong to maintain export competitiveness. A stronger Dong could harm Vietnam's economy by making its goods more expensive globally. 2. Inflation and economic balance. Vietnam's bank is cautious about rapid changes to avoid destabilizing its economy. 3. Global dynamics. Vietnam's reliance on exports means its currency value is tied to global trade dynamics, including demand from the U.S. and Europe. 1-31-2025 MarkZ Question: When they exchanged currencies in the past-How was it given to you? Mark: Right into your bank accounts. …Also in the past-before electronics…if it were a smaller amount…they just handed you cash. 1-31-2025 Frank26 Article 12-2 c not being voted on or passed yet by parliament that's because IMO Article 12-2 C and the new exchange rate are married and Alaq is performing the ceremony right now... And now, a bit of Bruce's Bull Sh*t 1-31-2025 Bruce [RUMOR] ...President Trump wanted to make sure that Iraq was ready to go and to bring out their new rate, and that rate would theoretically be in their new budget, which is being passed, probably by the weekend...so it could end up going in to the printed version of the Gazette and the virtual version of the Gazette On Saturday or Sunday...we believe that it could come out to where things could start happening around noon on Saturday.
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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 1-30-2025 MarkZ Article: “2 economists say Iraq’s foreign reserves are reassuring compared to previous years” Iraq has large cash reserves that are greater than 100% of the volume of the issued currency. They have more assets, more money backing up the dinar then they have in circulation. So Iraq has over 100% backing for their currency. This is important as most countries only have 20% or so to back their currencies. 1-30-2025 Article: "Our relationship with America will become stronger with an initiative that Al-Sudani will announce soon.. Expectations of his advisor" 1-30-2025 Jeff I will keep you guys up to speed as to when the rate changes and all that but it's very very 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 1-31-2025 Samson Article: "Foreign Minister: We have not heard any threats from the {Trump administration} towards Iraq" 1-31-2025 Militia Man This is from the prime minister. Article Quote: "The government is committed to diversifying the economy and eliminating the monopoly of rents." So they're going to move from oil to oil-gas-non-oil revenue streams. They're pushing forward. It's really exciting to see how much progress Iraq has made in the last two years and the effects it's having on a global scale.
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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 1-29-2025 Clare Article: "Between economic experts’ warnings and government denial, the value of the Iraqi dinar is at stake" Quote: "...the Iraqi government has any intention to reduce the value of the dinar against the dollar, despite rumors indicating upcoming measures to confront economic pressures and challenges in the international market...Any change in the exchange rate during the current stage or within the 2025 budget schedules will lead to negative results, and that is why the government is committed to strengthening the current rate."" THE POINT OF THIS ARTICLE IS THAT THEY WILL NOT DEVALUE! RUMORS ARE BEING SQUELCHED. IMO THESE ECONOMISTS ARE NOT GOI OFFICIALS.. 1-29-2025 Sandy Ingram We learned the state owned Iraqi Midland Oil Company said it has discovered huge oil reserves in the East Baghdad oil field... quote "The new discovery is expected to add more than 2 billion barrels to Iraq's oil reserves." Iraq is floating on oil...According to previous surveys by the US government there is much more oil to be discovered in Iraq. 1-29-2025 MarkZ Think about everything on the plate of the new US secretary right now…. The US has a freeze on money and they are scrambling because the last administration spent 30% of our budget in just 19 days! But for some reason…just 9 days into the new administration…in his first few days as Treasury secretary…Mr. Bessent’s US Treasury team is off to the middle east into Iraq…a country with an almost worthless currency according to world views…We know better and the middle east knows better…. But for some reason – it’s a priority to have the US Treasury over there…I’ll let you guys figure out why. But it will tell you how close we are right now. IMO. 1-29-2025 Samson Article: "Iraq on the threshold of an economic renaissance.. Al-Sudani's advisor reveals plans for the next stage" 1-29-2025 Frank26 We're waiting right now for this parliament to stop acting stupid, in the sense of passing the laws, passing the Amendment 12-2 C that we want. That's it. It'll open up the budget and expose a lot. That's what these banks [in the Middle East] have been told IMO. That's why they're on pins and needles. The next step of the monetary reform process is going to affect every bank on this planet Earth, well every bank that is involved in exchanging foreign currency. And they all know it. Why do you think the US Treasury is meeting all over the place? They all are on pins and needles waiting for this to happen. 1-29-2025 Militia Man After 21 years Article 140 looks to be completed to me. This is a major sign that Iraq is going to get the people their purchasing power...Oil going to flow next, electricity is going to be flowing. There's no coincidences, the money is going to start flowing. 1-29-2025 Walkingstick President Trump put the world on notice that the American dollar will be the reserve currency of the world with or without you. Trump protects the United States dollar and the IQD. Our military forces have poured into Iraq from one area to refortify what we have. Why? To protect the reforms, to protect the currency. Trump was saying I'll take your oil but I'm going to drill baby, therefore I'll take a new exchange rate for the IQD that I have in my reserves and deal, deal, deal or no deal... 1-29-2025 Clare Article: “Our relationship with America will become stronger with an initiative that Al-Sudani will announce soon.. Expectations of his advisor" Quote: "Al-Din, the Prime Minister’s advisor for foreign affairs...expected Prime Minister Mohammed Shia Al-Sudani to announce a pioneering financial initiative that he said could change the business landscape in Iraq and strengthen its relationship with the United States." 1-29-2025 Frank26 If you were the board of BP [British Petroleum] and you were about to sign a massive oil deal with Iraq...Are you seriously going to sign it at 1310? You've never signed it before. ? You've never signed it before. Show me something you've signed in the last 20-30 years with Iraq's Oil Company. No they got their own oil company don't they. BP, why out of nowhere? ...On the 1st of February? ...If we go past February the 1st and BP sill hasn't signed it, what does that tell you? There's a new exchange rate and they're waiting for it. If the new exchange rate comes out before February 1st, yeah they'll sign! 1-29-2025 Mnt Goat Article: “IRAQ BOOSTS FINANCIAL STABILITY WITH HUGE DOLLAR AND GOLD RESERVES IN US, EUROPE”. ...Boy, oh boy they are teasing us dinar investors once again. They are flaunting their wealth once again but the IQD is still at 1/6 of a penny and NOT traded on FOREX? Meanwhile Iraq has 43% more oil reserves than Kuwait...and just founded two more major wells besides....Kuwait is at 1 KWD = 3.25 USD on FOREX...If we pay attention we can see the writing is on the wall and their economists see it now too. 1-29-2025 MarkZ Article: “The region demands more dollars-and the center and the south rise up and refuse to pass the budget” We had seen articles like this in Kuwait just before they released their RV. The same back and forth in articles….and Kuwait said they were not going to increase the rate for 6 months the same exact day they released it…. China and Germany did the same thing... I was told that there is so much pressure and Iraq has agreed to settle in the next 3 days…also they have a team already in Baghdad from the Kurdish region with great hope to settle this debate on the budget tables.. 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 ... RON Jeff The critical part is we want to see them advance to the [budget] schedules but the rate has to change before the schedules can be approved. The schedules are the line items in the budget that are calculated off of the new currency value. Kaperoni X Tweet - Iraqi Embassy in Washington "The U.S.-#Iraqi relationship is strengthened by deeper economic ties. #Iraq 🇮🇶 welcomes U.S. investment in all sectors under a business-friendly @realDonaldTrump administration." MarkZ Article: “Government representative in Parliament sends an amendment to an amendment regarding budget law” This one is specifically on rate and they are pushing to have the budget settled. This is also about the oil in the Kurdish region. We should have had action on this today. They are waiting to squeeze in one last number, then we should budget tables and rates. When they adjust budget tables it’s an ideal time to adjust “value”. There is some pretty exciting stuff coming for Iraq this morning. Samson Article: ”Iraq enters a new phase of cooperation with America after Trump assumes the presidency" Frank26 We've always said, don't run to the bank. I said walk, take your time. You want to take your time because you want to see any changes. You want to see any mistakes that have been done that are being corrected by the bank or the CBI whatever it may be. Take your time in doing this. Once the exchange starts it's not going to stop overnight. You've going to have plenty of time.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Iraq's got 43% more oil than Kuwait. What [Kuwait] doesn't have is non-oil revenues. It's very powerful. It shows Iraq is totally capable of having a real effective exchange rate that could be at least competitive and similar to the region. Frank26 [Iraq boots-on-the-ground report] FIREFLY: There is a news program on television right now talking about currencies and the countries of these currencies. It looks like they want to give us more monetary reform education before they give us our new currency. One of them is Kuwait dinar; the currency is $3.23 with $105 million in reserve. We, Iraq have $145 million in reserves and we say that we are 43% higher in reserves in Kuwait. We should be also having stronger currency too as we see it. FRANK: Of course. Sandy Ingram Article: "Iraq's gold reserves significantly increased" [Iraq's] gold reserves grew by 57% in 3rd quarter of 2024. The value of Iraq gold reserves rose from 10.7 trillion Iraqi dinars, which is $8.1 billion USD, in 2023 to 16.8 trillion dinar or $10.6 billion USD in 2024. According to the World Gold Council, Iraq now holds 152.6 tons of gold raking as the 29 largest gold holding country globally and 3rd in the Arab world after Lebanon and Saudi Arabia.
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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: "Chinese Ambassador: Trade with Iraq Reaches $50 Billion, Yuan Transactions in Early Stages" Frank26 Question: "When you say 'very soon' does it mean the same as in Iraq?" No! Very soon in Iraq is something different from the United States of America. We're on a New York nano second. We're not on a New York minute. We want things done now, as fast as possible. MarkZ Article: “The discovery of the largest oil storage in the center of the country with 2 Billion barrels.” Every time we turn around – we find out Iraq has more resources. Gold, Rare earth minerals and even more oil. This is $140 billion more in oil to support their currency. Militia Man Progress is happening. They don't have to tell us everything. That's not their job. They can't just say, 'We're going to revalue the currency tomorrow at $4 or $2 or $1 because it's like insider trading. That's not going to happen but what they are doing is they are giving you data to some extreme especially since al-Sudani has taken office. Sandy Ingram The Iraqi dinar faces several potential scenarios for its value in 2025...One possibility is a gradual appreciation in value...The country's vast oil reserves are its economic backbone. If global oil prices remain high and Iraq increases production, the influx of foreign currency could strengthen the dinar. Additionally, diversifying the economy and reducing corruption could boost investor confidence and attract foreign investment further supporting the currency's value. On the other hand the dinar could remain stagnant or face depreciation. If global oil prices drop significantly, Iraq's reliance on oil revenues could strain its budget and weaken the dinar. Inflation or issues in managing monetary policy might also negatively impact its value. [Post 1 of 2] Sandy Ingram Another scenario is a potential revaluation or redenomination of the currency. This could occur if Iraq's government and Central Bank aim to simplify transactions and improve the currency's global perception. Such moves often depend on strong economic fundamentals and international support. Ultimately the future value of Iraq's currency will hinge on a combination of political stability, economic reforms, global oil markets and the country's ability to manage these factors effectively. For now the dinar's prospects remain uncertain with opportunities for growth balanced by significant risks...For now the dinar remains a speculative currency. [Post 2 of 2]
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Article: "The Kuwaiti dinar currently is the strongest currency in the world: 31 Kuwaiti dinars for every US dollar." If you do the math it turns out to be about $3.22. Quote "It's worth noting Kuwait has about 7% of the world's oil reserves which greatly supports the value of the currency. According to 2023 data Iraq has significantly more oil reserves than Kuwait with Iraq holding approximately 145 billion barrels of oil compared to Kuwait's 101.5 billion." Iraq has 43% more oil than Kuwait. [Kuwait's] currency is strongest in the world. Iraq has the ability to be at least 43% more valuable based off oil, let alone their non-oil revenues. Pretty exciting times! MM, you forget the population of Iraq is almost 10 times that of Kuwait, and it's size is 25 times larger ( As of January 20, 2025, Kuwait's population was 4,984,970, while Iraq's population was estimated to be 47,020,774 in mid-2025 ) - your logic of a 43% greater value is absurd and unrealistic. RON MarkZ Comment: Mark look at IQD on xe and see what it says …it started showing up on Saturday. Mark: We are seeing some crazy rates and values… buckle up, its going to be a crazy couple of days.
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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 MarkZ Article: “CBI unveils new banknote security features” Lots of pictures and they show us on the old bills where some of these features could be and what to look for. This is great cover for new bills and distributing the lower denominations; this is a world class approach. With bills with new security feature - they will need to distribute the lower denominations throughout the banks and businesses. This article had me awfully excited. The dinar is going to be one of the most sophisticated currencies in the world; and it should be as (imo) it is about to be the most valuable currency in the world. Militia Man Article: "Iraq launches new banknotes with innovative security signs for the visually impaired" It seems like it's new currency. I don't have any currencies...that you can feel bumps... Quote: "The public will have enough time to adapt to these new bank notes...The Central Bank confirmed the new bank notes will be traded along with the old ones and there will be no intention to withdraw old bank notes from circulation." Remember, they've already withdrawn a lot of notes out of the system. They were actually destroying perfectly good money. [Post 1 of 2] Militia Man Quote: "The Central bank of Iraq reviewed the excellence enjoyed by Iraqi bank notes as they are one of the most complex security marks and were manufactured from the best types of paper used in printing bank notes to ensure quality and safety." They show older currency of course but they're not going to share with you the new currency because of counterfeiting...You ask yourself, well, they're going to be reproducing new 25k notes for 1310 as an exchange rate to the US dollar? Why are you doing that now? You already have many security features, the 25k note is full of them. Do they really mean new notes? I think they do. [Post 2 of 2] Clare Article: “Iraq issues new banknotes with innovative security features for the visually impaired" Quote: "The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation." Frank26 I prefer a float. I don't want to be in a basket, start out slow. It might be good, better control of everything, inflation, GDP, everything but I'm from America, we want a New York nanosecond right now. I'd rather just go over to the float, start at $3.22 and let it go; and then cap it. MarkZ Article: “Among those is an Iraqi Cleric: List of personalities attending Trumps inauguration“ There is so much support for Trump in Iraq. Mnt Goat Economic expert Nabil Jabbar Al-Tamimi is saying they are ready for FOREX after implementing all these banking and financial reforms. The White Paper reforms have been successful. It is time to move to the next stage which is…? Well folks financial and banking researcher Mustafa Hantoush just pointed out to us what the next stage should be. Yes, I mean FOREX! I do not see the Trump era administration not seeing the necessity for going to FOREX with all the progress of the reforms to move to the next stage. I am sure the US Treasury will agree. I am told by [my] CBI contact that they are giving Iraq a “thumbs up” to move ahead.
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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 chairs the first meeting of the Group of 77 and China at the United Nations" Sandy Ingram There is an air of uncertainty surrounding Syria, Iran and Iraq. Syria is going through a rebuilding period. What we don't yet fully understand is the role Iraq and the U.S. will play in Syria's adjustments. Clare Article: "The 10 most powerful currencies in the world.. Arab countries top the list" Quote: "The Bankrate website...list of the strongest currencies in the world. 1- Kuwaiti Dinar...traders getting 0.31 Kuwaiti Dinars for every US Dollar. 2- Bahraini Dinar...0.38 Bahraini Dinars for every US Dollar. 3- Omani Rial...0.39. 4- Jordanian Dinar...0.71. 5- British pound...0.82. 6- Gibraltar pound...0.82. 7- Cayman Islands Dollar...0.83. 8- Swiss Franc...0.92. 9- Euro...0.98. 10- US Dollar...While the Kuwaiti dinar is the strongest currency, the Swiss franc is considered one of the most stable currencies thanks to Switzerland's political neutrality, low debt-to-GDP ratio, and conservative monetary policy.⚡
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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 closing of the auctions, the closing of the electronic platform auctions enhances financial stability...It's very obvious they're moving towards releasing a new exchange rate. It's that simple... Samson Article: "Sharjah celebrates the launch of the first Iraqi Airways flights" Quote: "Sharjah International Airport in the United Arab Emirates celebrated the launch of the first Iraqi Airways flights" Jeff They are preparing today to approve Article 12 amended portion of the three-year budget law. What that does is make sure the Kurdistan region recaptures all their costs of extracting and transporting the oil. It has nothing to do with the rate change. That's why they're able to finish it. What you want to focus on is the budget schedules. They have not even started the first reading the Budget schedules. They have not even been able to send it to parliament for review. Today they're just preparing to complete the third and final reading to Article 12 of the three-year budget law. Mnt Goat Article: “CENTRAL BANK RENEWS DIRECTIVE TO SPREAD AND EXPAND FINANCIAL SERVICES AND ATMS” Why are these ATMs so important to our investment in the Iraqi dinar? They are important because the CBI told us they are an integral part of the Project to Delete the Zeros.
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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 MarkZ Article: “Parliamentary finance reveals the objectives of revealing the federal budget” This happened today. I am told they expect the vote or third reading on this tomorrow. I am very optimistic on what is happening in Iraq this weekend and would not surprise me if they raise that value soon. Jeff Question: "How long IYO will we have to exchange our 3-zero notes before they are rendered non-negotiable?" Jeff: When they phased out the old Saddam Swiss notes and put the new notes into circulation everybody had 90 days to turn in their old Saddam notes and get the new ones. They used to have a 50 note up until 2012. They phased out 50 note and replaced it with the 50,000 note. When everybody had to turn in their old 50 note they had 90 days as well. My opinion is that we're all going to have 90 days to turn in our notes because that's how long they had historically from two different scenarios to turn them in. However, Shabibi, the originator of the plan indicated the notes would coexist for some time. RON Kaperoni Mudher Muhammad Saleh, former deputy governor of the Central Bank of Iraq stated years ago, Iraq has about 16 trillion dollars worth of minerals in the ground including oil. They have since discovered much more..! There is no way they could significantly RV the dinar with the amount of currency in circulation (currently about 100 trillion dinar). Only a gradual reduction of the currency as a result of the economic growth in diversification would make any sense. Not to mention, the world would not accept any arbitrary or random value. Pimpy There is no in county/out of country. Whenever Iraq makes a change on the currency exchange rate in country it's going to affect everywhere around the world in regards to Iraqi dinar. There's not going to be some special group that you go to, Tier one, tier two, there's no Reno visit. That's all bull ****. There is no redemption centers. When the time comes we just take our dinar to the bank, we make the exchange. Nobody's going to get a special rate. Clare Article: "Iraq is off the red list for risk assessment" Quote: "The investment status in Iraq had been raised from the red list to the orange list during the Prime Minister’s visit to London."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man First, it was just one day, then it was three days and then today's article says the Prime Minister spent four days in Britain. It started with meeting of the King of the country and ending with a meeting with the Iraqi community. Why did they tell you he was going to be there one day then changed it to three days and then ultimately he stayed for four? Frank26 [Iraq boots-on-the-ground report] FIREFLY: Keep hearing the Forex and it's also coming from the CBI too. They're explaining how much more can be done on Forex. They are preparing to leave the border. Forex would be international and like you want, the float. FRANK: We still don't know. Mnt Goat Article Quote: “possibility of transferring the dollar to trading platforms in the stock market, to be sold to those entitled to it through direct transactions instead of sending the dollar exclusively to banks”, “stressing the need to organize these operations by switching to the “Forex” market,” ... WOW! WOW! WOW! Did they just suggest using the trading platforms in the stock market i.e FOREX..! You gotta luv it. Music to my ears. MarkZ Here is the one I am excited about: Article: “Instead of granting it exclusively to foreign banks-proposal to put the dollar on “Tadowul platforms”." This should give you all warm and fuzzies; how foreign remittances work in banks, etc. This is what they are going to do. They are converting dollars to be sold on trading platforms and the stock market and switching to the forex market! In order to take the next steps for them it needs to be traded on platforms just like the US dollar, British Pound and other currencies are. That would mean they are on the fully international forex and most likely a much bigger value on the dinar. This is my favorite article of the morning. ***** Friday Midnight Opinions ***** Frank26 The budget needs the new exchange rate. It's that simple. Militia Man I'm on pins and needles because what we're seeing is realtime data, it's no joke. Iraq is effectively going international. MarkZ Question: What is your guess on the total amount of dinar held in the US? Mark: Great question. I heard some projections way back in the day that (if I had to make a guess) maybe 10 Trillion? That is just a guess…but maybe 10% of what is in circulation may be held in the US. As I recall, it was 3.7-4 Trillion IQD and we secured the right to purchase oil with them at the rate of $30/bbl. Clare Article: "European and Gulf officials.. Baghdad to receive important leaders in the coming days" Quote: "Baghdad will witness a series of successive visits by the foreign ministers of France, Italy, and the European Union countries, in addition to the ministers of the countries of the region (neighboring and regional), and the Gulf countries in the coming days"
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Iraq hasn't been on the Forex market at 1310 in an International capacity. Are they ever going to do that? I don't think so. When they start mentioning, first time in a long time, coming from the Central Bank of Iraq...telling you exactly what they've done...You're going to see a theme and that theme is, going international. When they mention Forex, I have not seen them talk about this ever before...Take that whole thing very serious because it's powerful. Clare Article: "4 days separate Iraq from a phase full of "unexpected events" Quote: “Donald Trump will officially assume the US presidency on January 20. Trump will move to remove part of the ruling class loyal to or linked to Iran, because it is time to resolve the situation according to regional and international balances."⚡ Mnt Goat I did have a conversation with my CBI contact [Wednesday]. This is why I am very excited...I could hardly believe that now the economic experts have finally turned to the mantra. The new mantra is – LETS GO TO FOREX! This was the same tone in my conversation. My contact sounded VERY excited and anticipatory.