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  1. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" Obviously they've had a chance to review the reform papers...We know that the Finance Minister said talks about the exchange rate are in the reform papers but we don't know what that means. I don't want people to assume that 1. There's going to be a rate change. It's easy to make that assumption because they're talking about it... 2. We don't know what the rate is going to be...every time we hear talk about this we get all kinds of rumors...I've heard it as high as $15 which is totally ridiculous...everything is speculation. It's okay to feel optimistic about what's coming up but again just hang tight. Don't be surprised if they try to throw out a "sucker rate". One that looks half-ass tempted for you to turn in your dinar and then you turn it in then all of a sudden they release another rate a few month later that's much higher...It's not beyond people to do that. We shall see. *** MilitiaMan The idea of going out side of the this month yet seems a bit hasty... lol imo The change in the budget has not been exposed yet. Therefore, this is nowhere near over, imo in the short term, let alone going into next year. Lets not forget the 2019 FMLA.. Lets not also forget they can move or allocate the investment side of the budget to the operational side in a stroke of a pen.. All in recent articles, jmtc. *** Kaperoni Many economists have stated in the last few months Iraq should devalue the Iraqi dinar to reduce expenses during this difficult time. The problem is it also hurts the citizen and so officials have maintained stability at the current rate. Today former deputy CBI governor Muhammed Saleh once again reiterated that the Iraqi dinar may be devalued in the near future...If Iraq floats the currency under the current circumstances a devaluation is very possible. Iraq needs to pass laws and create a suitable business environment for foreign investment. Once that occurs the dinar should begin to gradually appreciate. *** Pimpy ...if somebody in the position of power knew for a fact the date and the rate of any currency that was going to jump up in value like we expect the Iraqi dinar to do and they share that information, that's like insider trading information. That's a felony. That's big time trouble. That's illegal. Nobody is going to tell you...don't get me wrong the 'powers that be' or the elite or whatever the hell you want to call them, they do talk to one another...we know they share information that they shouldn't with each other...that's how the rich stay rich and the rest of us keep trying to put in the puzzle pieces...
  2. KTFA Members "Saturday News" 10-10-2020 KTFA: Samson: Fearing China's supremacy ... global central banks unite to launch a digital currency 10th October, 2020 On Friday, a group of 7 major central banks, including the US Federal Reserve, set out to define what a digital currency would likely look like, to help catch up with a pioneering role for China and outpace private projects such as the stablecoin of Facebook's Libra. Central banks and the Bank for International Settlements said the key features should include durability, availability, at low or no cost, appropriate standards, clear legislative framework, and an appropriate role for the private sector. The growth in non-cash payments since the lockdown measures were imposed to combat the Corona pandemic, said John Cunliffe, deputy governor of the Bank of England and head of the Payments Committee at the Bank for International Settlements, is accelerating how technology can transform forms of money. Central banks have begun closely examining digital currencies, after Facebook last year announced its Libra currency, which has yet to be launched, and will be backed by a mix of major currencies and government debt. Since then, the entity behind Libra has modified its plans, and is currently hoping to launch several "stable currencies" backed by single currencies. Cunliffe added that central banks need to keep pace to avoid the private sector closing payment gaps in inappropriate ways. In addition to the Federal Reserve (the US Central Bank) and the Bank of England, the seven banks that have allied with the Bank for International Settlements include: the European Central Bank, the Swiss National Bank, and the Bank of Japan. China is already testing a digital yuan, while the People's Bank of China says it will further spread the yuan in a currency world dominated by the dollar. On Thursday, Kenji Okamura, the top Japanese diplomat involved in financial affairs, said that China is seeking to gain the leading advantage in building its own digital currency, warning that "this is something we should be afraid of."LINK Don961: Finance Minister: We will present the white paper for reform to the cabinet next Tuesday 10/10/2020 12:48:03 PM Baghdad / Al-Masalla: The Minister of Finance, Ali Abdul Amir Allawi, revealed, on Saturday, October 10, 2020, the date for submitting the reform paper to the Council of Ministers and its contents. Allawi said in a statement followed by the obelisk: "We will present the white paper for economic reform to the cabinet next Tuesday." He added, "The paper includes a diagnosis of the origin of economic problems and treatments that will be difficult, but there is no alternative to them." "We have a problem in providing salaries for the remaining months of the year without voting on the borrowing law," Allawi said, pointing out, "We will deal with increasing the interest rate on bank loans by reducing it." LINK ************ Samson: A member of the Democrat: The Sinjar Agreement is a gateway to implementing Article 140 and will extend to other cities 09/10/2020 23:51:40 A member of the Kurdistan Democratic Party, Subhi Al-Mandalawi, revealed that the agreement of the federal government and the Kurdistan Regional Government regarding Sinjar district will extend to other cities that fall within Article 140 of the constitution. Al-Mandalawi told Al-Furat News, "The agreement between the federal government and the Kurdistan Regional Government, in cooperation with the United Nations on Sinjar, we can consider it a historic and very important agreement, and it came as a result of meetings, dialogues and agreements to restore stability to this city, which has suffered from the sway of ISIS and after its liberation from ISIS." It was a theater and a burning area because of the PKK." He added, "There is a clear signal (in the agreement) not to accept the presence of any local or foreign forces, and therefore the agreement will certainly be implemented and its results will be on the ground, and what matters to us as the regional government is that the agreement will be on the city and will extend to other cities, within Article 140 and the return of the Kurds and the Peshmerga in Khanaqin and Mandali. These are the results of discussions that have taken place and are taking place and will be a gateway to implementing the constitutional article." "With regard to the Labor Party, we reject its presence in Sinjar and other regions as it poses a threat to attack villages, and Iraq and the region will be subject to direct threat," Al-Mandalawi added, stressing that "this agreement will be a guarantee for the return of safety, and Sinjar is managed jointly between the federal government and the region on the security and service side." The Federal Government and the Kurdistan Regional Government announced this evening, Friday, a joint agreement on the normalization of conditions in the Sinjar district of Nineveh Governorate. The agreement includes, according to a statement by the Prime Minister's Office, "restoring stability in the Sinjar district, many administrative, security and service points. The administrative aspect is agreed upon with the Kurdistan Regional Government and Nineveh Governorate, taking into consideration the demands of the people of the judiciary." The statement added, "Everything that is security falls within the scope and powers of the federal government in coordination with the Kurdistan Regional Government, and the service side will be the responsibility of a joint committee between the federal government, the regional government and Nineveh Governorate." In his comment on the agreement, Prime Minister Mustafa Al-Kazemi affirmed, "The completion of the agreement on the administrative and security files in the Sinjar district, which would speed up and facilitate the return of the displaced to the judiciary." In its correct form, to ensure its success, in cooperation with the people of Sinjar first, he also stressed the government's keenness and seriousness for Sinjar to be free of armed groups, whether local or from outside the borders. While the mayor of Sinjar district in Nineveh province, Mahma Khalil, confirmed to the Euphrates News that the agreement includes removing the PKK forces from the judiciary. As for the head of the regional government, Masrour Barzani, he said, "The agreement will be the beginning of the implementation of Article 140 of the constitution," he said. LINK Samson: The United States congratulates the Iraqi government 9th October, 2020 The United States congratulates the Iraqi government and the Kurdistan Regional Government on reaching an agreement of cooperation in Sinjar. We look forward to its full implementation and hope this agreement will lead to lasting security and stability for the Iraqi people in northern Iraq. LINK ************ Samson: Learn about the terms of the economic reform paper that the Ministry of Finance will release soon 10th October, 2020 Professor of Economics at Basra University, Nabil Al-Marsoumi, revealed some of the articles of the economic reform paper called the "White Paper", which the Finance Ministry is working on to reform the economy Al-Marsoumi said, "As I expected in previous publications that the government reform paper will not deviate from the framework of the International Monetary Fund's policies and austerity measures with high social costs. This can be seen by looking at some of what was mentioned in the reform paper that the government called white, as follows 1- Reducing the wage and salary bill from 25% of GDP to 12.5% within three years 2- Reforming the retirement fund so that it is not linked to the budget, and retirement salaries are paid directly from the fund 3- Reducing financial support for state-owned companies by 30% every year for a period of three years 4- Reducing total government support from 13% of GDP to 5% within three years 5- Restructuring the public salary scale by stopping new employment and replacement operations in the public sector 6- Setting a ceiling for employees’ salaries to achieve justice and reduce differences 7- Applying income tax to employee allowances, incentives, bonuses, etc 8- Reviewing fuel subsidies for state-owned oil companies, and the proceeds from the sale of black oil must be returned to the state treasury 9- Issuing national bonds and instruments and offering them for public circulation in the Iraq Stock Exchange 10- Studying the current exchange rate of the dollar against the dinar and taking into consideration the requirements of financial and monetary stability and achieving the competitiveness of the Iraqi economy 11- Restructuring the state-owned public companies and converting them into private companies 12- Correcting the defect in the ration card system to ensure the protection of people with limited income and withholding it from families whose income exceeds a certain ceiling 13- Ensure that all workers in the public, private, mixed and cooperative sectors are included in retirement benefits 14- Completing the Social Insurance Law in order to be a substitute for the unified retirement, retirement and social security laws for workers LINK ************ Samson: Iraq maintains the 38th place among the countries most possessing gold 10th October, 2020 The World Gold Council announced, on Saturday, that the central banks of countries possess 35 thousand tons of gold, indicating that Iraq is ranked 38th among the countries that possess the most of these reserves "The central banks of the 100 countries listed in the table possess more than 35 thousand tons of gold, with a value of about two trillion dollars," the council said in a report during the month of October And she added that "Iraq still maintains the 38th rank," noting that "these reserves amounted to 96.3 tons, which is equivalent to 8.8% of the rest of the other currencies He pointed out that "Iraq bought 23.9 tons of gold in 2012 and then bought 12.4 tons in 2013, and then bought 47.6 tons in 2014," noting that "the last purchase of gold for Iraq was in 2017. By 6.5 tons He pointed out that "the most central banks of the countries buying gold during the year 2020 were the share of Turkey, which bought 167 tons, followed by India by 33.3 tons, while the countries that sold gold the most during the current year were Uzbekistan, which sold 33 tons, followed by Sri Lanka, where it sold 12.9 tons It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world LINK
  3. Good Evening Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** RVAlready *** The cabinet reviews the white paper on Tuesday, not parliament, from what I have read. The white paper is not a law. No reason for a vote by parliament. Again, parliament does not get a vote on the white paper. Their finance committee already has reviewed it. Parliament votes on laws and budgets. I do not think parliament is required for the RV...the CBI governor is reviewing the white paper, in preparation for implementation. *** Pimpy *** Article: "A new salary scale...an economist leaks out the terms of the 'white paper' " ...I know there's so many rumors going on...I don't want you guys to get too excited with good news. Don't get too bummed out for bad news. We already knew they were going to be talking about the exchange rate. We knew this already. So this article is just saying exactly what we already knew. There's nothing adding to it one way or the other...it is exciting. It's about damn time...hopefully the wait is just about over... *** Mnt Goat *** Article: "THE DEMOCRAT: THE REGION DELIVERED ALL WHAT BAGHDAD REQUESTED AND IS WAITING FOR POSITIVE STEPS TO IMPLEMENT ARTICLE 140" ...Remember to go forward with any reinstatement of the Iraqi currency the main requirement is that the Iraqi constitution must be FULLY implemented which means the stated REFERENDUM for article 140 must be written, signed off by all parties and implemented. So why do we always hear news about this Article 140 then when we hear news about the CBI going forward with the project to delete the zeros? Coincidental? I think not..! That might be it for today folks ... Be blessed ... RON
  4. Good Sunday Morning Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy *** Article: "Finance Minister: We will present the white paper for reform to the cabinet next Tuesday" ...Let's see if they actually do submit the paperwork - the reform papers...we know that the reform papers that the Ministry of Finance has said the discussion about the exchange rate will be brought up. That doesn't mean that anything's going to happen...if they are going to be working on the budgets for 2021, 22, 23 it would seem to me that in there they have to address the exchange rate. We're being optimistic but I want us to stay grounded... *** Adam Montana [Q? : Does circulated versus non-circulated currency RV the same or is there a difference in their value?] "Technically" it could make a difference, but realistically as long as your notes are in good condition I don't think it's a concern. Note: This was taken from another site that follows Adam's posts. See his latest in the Chat Logs Forum.
  5. Good Morning Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat *** Article: "THE WORLD BANK: IRAQ STANDS AT A CROSSROADS AND ITS GDP IS THE WORST SINCE 2003" Quote: “LACK OF STABILITY, LACK OF JOB OPPORTUNITIES, CORRUPTION AND POOR SERVICE PROVISION REMAIN AMONG THE MOST IMPORTANT RISKS SURROUNDING THE COUNTRY’S LONG-TERM GROWTH,” It’s not that they are not doing all these things but they are too slow to act. Also, these things should have been done already a decade ago. I think this is the point of the WB. We can see articles with the new prime minister al-Kazemi implementing programs to correct these issues. But it is an uphill battle all the way.
  6. Good Morning Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "Al-Rafidain Appeals To Citizens To Deposit Their Money In The Bank And Not To Hoard It In Homes" [Q? : Could this be the last ditch effort before the rate changes to get them 000 notes?] I suspect that is exactly what is going on. They have been told their currency is to strengthen and have been told they’ll need to be apart of that electronic system as, the new system is coming on line. That may very well be very soon from the sounds of it. Saturday (today) is a special day [it's the anniversary of the independence of Iraq from the British mandate.] If nothing changes it is to be Iraq’s new international day and by international law standards. That should bring with it full sovereignty...
  7. Good Morning Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Ray *** Article: "The Central Bank of Iraq decided, and based on the minutes of the Currency Affairs Committee meeting No. (6) for the year 2020 held on 9/23/2020" Quote: "Re-impose a shortage fine on the small denominations ( 1000 , 500 , 250 ), starting from the date of 1/10/2020 and according to the instructions of the standards for circulation and replacement of banknotes, and the mechanisms of counting and sorting." Reportedly, Iraqi banks are receiving new 250, 500 and 1,000 dinar notes and are using advertising to encourage hoarders to deposit their money with added emphasis on reading the "Special Instructions".
  8. Good Evening Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat *** I still hold to the FACTS that they are telling us the CBI is planning for an early January 2021 reinstatement of the dinar but again I am also saying that unless we begin to see some signs soon of the “project to delete the zeros” we can move on to another target. This project to delete the zeros is not something they will just do and not tell the citizens they are planning to do it. It will take time and much coordination. It may take a month or two to do. This is why, when the time comes, they cannot hide it from us. ...It will be in the daily written news from Iraq and something we can verify... *** Delta *** Article: "Iraq: the government is compelled to "delete the zeros" from the dinar currency ... more than "3 scenarios" are expected that will affect salaries and living" THERE IT IS...VERY CLEAR NOW - AWESOME NEWS..! That's it for now. Be Blessed..! RON
  9. Good Morning Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "Trade and Communications discuss the implementation of the digital economy project" Get ready to be digital with a new system in place that will provide transparency. They say it is for a digital economy. Well, the last I checked the IQD is to be very big part of that equation. The taxes and tariffs at the borders will be digitized, block chain oriented. Just as they new IQD will be with the new print they talk about that will replace the 10k, 25k and 50k notes. There is change on the horizon and they will monitor it all along the way, 6 layers deep.. imo.. Look at the money at stake.. This country is about to explode in value. imo.
  10. Good Morning Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat Article: "THE CENTRAL BANK HOLDS A MEETING WITH THE IRAQI BANKING SECTOR" Quote: “the importance of developing banking services and products in the next stage." So, what does this mean? To me it means that when they end the currency auctions the banks will need other means of generating revenues to survive. Right now, they rely on nearly 90% of their bank revenue from the spread $$ from the currency auctions. To end the auctions, the CBI must find other means for the banks to survive and profit. They also need a plan to get the salaries into the bank to create liquidity for loans, etc. So, this is all good news, however we have been hearing this for years already but nothing is ever done about it. Let’s hope it’s different this time. *** Kaperoni Information...is stating the US is closing it's embassy in Baghdad. It has also been stated if the US Embassy is closing there will be sanctions on the Central Bank of Iraq as a result. This certainly could affect Iraq's monetary policy.
  11. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff *** Article: "Parliament Finance expects the 2020 budget to arrive in Parliament in two days" They're telling you they have not shown or revealed the numbers publicly...IMO they have to hide the figures of the budgets because it's pretty much calculated in the billions not trillions because it's calculated off the rate change. Budgets don't contain rates. Budgets are calculated off the rate change. When the rate changes the budget transitions from trillions of dinar down to billions of dinar. That's the deletion of the zeros off the rate...they're hiding the budget figures because it's going to be calculated in billions not trillion and it's to hide the freaking rate change... everything is lining up right before your eyes.
  12. Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff *** Article: "Concerning the currency, salaries and commodity prices ... 10 economic measures and 'radical' financial changes that Iraq is expected to implement next year" ...number one is huge. Quote: "1. Decrease the national currency exchange rate." They're telling you they're going to decrease the national currency exchange rate. When they decrease the rate it actually increases the value of the currency...Iraq will never tell you the year they're going to do that step. So the fact that they're telling you '21 disregard that part of the article because they will never tell you the truth when they plan to physically increase the value of their currency... *** Pimpy *** Right now for 1 American dollar you can get 1190 Iraqi dinar...if that number [1190] increases that means the value of the dinar is going down. That's not good...if that number [1190] decreases that means the value of the dinar is rising against the U.S. dollar...we want to see that number decrease...a lot of people get this mixed up. Most of us have bought the Iraqi dinar at this rate - 1190 Iraqi dinar for 1 U.S. dollar. Any kind of decrease...is a monetary gain for us. That's good. That's what we want..(Post 1 of 2).. *** Pimpy *** Article: "Concerning the currency and commodity prices...10 economic measures and "radical" financial changes that Iraq is expected to implement next year". That's 2021. It's the International Monetary Fund. This is their reforms. They're talking about decreasing the national rate...I say we need to slow down even though this is good news. We don't know how much that rate is. Considering it is the IMF I'm always hesitant. Of course Any decrease is good. But [Hypothetically] if they went from giving us 1190 Iraqi dinars to all of a sudden giving us 1700 dinars sure all you guys would be be like Yay! But it's not that big of a deal. It's just a slight increase...there you have it. This is what they want to implement in 2021...talk of decreasing the rate is here...it looks good..(Post 2 of 2).. *** Ray *** Weekend UPDATE...on SUNDAY Iraqi TV has been broadcasting the CBI governor announcing the launch of the paper reforms for the currency of Iraq coming to the banking sector soon. This broadcast has been on a continuous "news loop" throughout the day. Today is the Day of Atonement and the last of the 10 Days of Awe - It's a day to focus on Prayer & Worship to Almighty God for Everyone... RON
  13. Good Evening Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy *** ...the last 24 hours have been very interesting...we're still hearing news about the Iraqi dinar exchange rate...We know they're talking about the exchange rate. Hell they even came out so far as to say they needed to decrease the exchange rate...decreasing the rate helps those individuals who hold on to dinar...they're saying decrease the number of dinars you get for every U.S dollar [Which is good for us]...until they do anything with their rate change we have no idea of what's really going to happen...even if they decrease the rate we don't know about how much...that's why I want people to say grounded. All of this is good news. We like it... *** MilitiaMan *** Article: "The Central Bank: The reform paper for the banking sector will be launched soon" Quote: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector." The theme in this imo is the wording “Terms”. Recall last week...there were two large energy companies working on agreements to provide electricity. Both GE and Siemens were telling us they have projects but they couldn’t yet disclose the terms... Here...the CBI is gearing to expose the terms of the reforms paper. Terms are at what rate the banking sector will be using to advance it’s current reality. Similar to the terms the two companies could talk about!!...(post 1 of 2)... *** MilitiaMan *** If the recent article talking about balancing the banking policy has anything to do with this, which, imo it surely does, it talks about using a balance of payments between the Dinar and the US Dollar...We can see there is an apparent change coming. We are hearing that Media yesterday was telling the citizens a change in rate was to be expected now. Articles from the banking sector and the GOI support that! In fact economists, the CBI Gov and the PM have piped in on the matter!! Times are looking very good! There are other peripheral things on going that also support that the CBI is about to talk terms!! Imo...(post 2 of 2)... Keep the faith everyone, and pray hard ... RON
  14. Good Evening Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "Viet Nam strives towards building digital government" Sounds like the timing of things seems to coordinate with other countries. What is not to like bout this..? imo Nothing...lol. The similarities are not random chance. The new QFS is to be a global thing and a transparent one. Let’s not forget the USA put into effect the FIMA and the CML back in April. VN was on the CML list of countries for currency manipulation. Something that the USA has been quiet about since...This may be the time we see the results of the CML at work. A reasonable amount of time to get in line has passed it seems...imo. *** Pimpy *** ...there's something definitely coming up in October. It's one thing when gold bugs and silver bugs talk about stuff that's going to happen and currency investors take about something that's going to happen and crypto people talk about something that's going to happen but now all of them are intersecting. Everything is pointing to something major happening in October. People are talking about things that are happening in the crypto world happening in October. Gold & silver bugs are talking about the IMF meeting happening in October. We know the talk of a Global Currency Reset has been kind of from time to time touching on something happening in October. I have a feeling all of them are tied into one another... *** Jeff *** Article: "After the National Day .. A new law in Iraq to reduce a month of holidays" Here they're telling you they're going to reduce the amount of holidays that are observed in the country of Iraq...they're telling you they're implementing the reforms after the national holiday which is 10-3. Quote "...the third of October as a national holiday for Iraq, noting that Iraq has become on this day an independent state." That is huge - that Iraq is going to be declared an independent state. That's a very meaningful statement. *** Austin-Powers *** [Q? : ..alot of people over the years have said if the Dinar is going to RV/RI it has to happen on a Sunday...] I can tell you with great assurance what you have been told is not true. The RV/RI can happen at any time of the day or week. This is an event-driven process where things have to happen that we don't see and can't get access to other than news reports and prophecies. Remember, the RV will happen when it happens and not one second earlier.
  15. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan Article: "KRG FINANCE AND ECONOMY RUNS FIRST CURRENCY EXCHANGE" Quotes: "After announcing plans to do so earlier this month, the Kurdistan Regional Government’s (KRG) Finance and Economy Ministry ran a currency exchange on Wednesday (September 23) in Erbil city."; "$35 million ($41.9 billion Iraqi dinars) was exchanged."; "On September 19, the ministry said it would exert greater control over the exchange of US dollars and Iraqi dinars in the Kurdistan Region, taking over responsibility for currency auctions from the Central Bank of Iraq." A change in pattern... Very good find...Nice to see the change, we know that for the next part of the reforms will require them to do this. The fees and taxation being strictly monitored, sounds like the new system is in place now. *** Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK OF IRAQ: DEVELOPING A DELIBERATE BANKING PLAN TO STRENGTHEN THE NATIONAL CURRENCY" I need everyone to pay attention to what the new governor Al-Kitab is saying in this article. He did NOT say he was going to delete the zeros...at least not yet. However...another article from an economist also taking about the currency and he does talk about the project to delete the zeros. Yehhhhh! What does this all mean? This all means they are discussing the possibility and Al-Kitab may in fact also be considering it. This is the important part of today’s news about the currency in that finally once again they are talking about and discussing the timing of the project to delete the zeros. Why else would the economist just come out with a discussion on this topic...Why else would al-Kitab have this conversation? So we can be assured this is FACTUAL and they are planning to do something soon. *** Pimpy Article: "With documents and names...Nouri al-Maliki's gangs control Iraq's banks and plunder currency auctions to finance Iran and Hezbollah" Whoever did this investigation they laid it out in extreme detail about what these guys did. They used the Central Bank of Iraq and the public currency auctions to funnel money through organizations and to fund money over to Iran...they plundered billions of dinars from these guys and it tells you in step-by-step how it was done...again this is Al-Kazemi putting the beat-down on making sure the corruption is being dealt with...where they go with Maliki is going to be very interesting...Al-Kazemi is the man. He is definitely getting stuff accomplished. It's awesome.
  16. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Footforward [Q? : what’s your thoughts on Iraq’s 2020 budget? They keep delaying the vote for it and are trying to add stuff to it.] I'm not watching the budget honestly. People have believed the budget will bring the RV. I don't care about their budget. Without an rv, it doesn't matter. I'm still watching Iran and Iran's influence being erraticated in iraq. *** Pimpy ...remember...even if they did a rate change right now over here in America it'd be really hard to exchange your currency. There are some restrictions on the currency...Article: "Iraq announces its exit from the list of "high risk" countries and an increase in its oil exports" Quote: "The Ministry of Foreign Affairs announces that it has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by the U.N Security Council resolution 1518 which classifies Iraq as a high-risk country seeking to lift a ban on the rest of the entities." Yay! Come on Iraq! That means they're doing good. We're almost there...Yeah, go ahead you can do the pee-pee dance...we're not out of the wood-works yet but we're still working on it...Iraq is being allowed to open more and more to the international community. This is good news. Very excited about this. This is what we were hoping to see... *** Mnt Goat Looking at the Iraq Central Bank (CBI) we can see a miracle finally happened...now we have that new director under the al-Kazemi administration. But what are the views and plans of this new CBI director? Will he work towards the currency reforms we look for? The answer is YES and he has come right and told us. So be patient and look towards January of 2021 for these reforms to take place. Could we see the RV earlier? Yes, we could but I doubt it. The CBI would have to make some announcements very soon about the project to delete the zeros and are just not talking specific enough about it, as they have in the past. Remember too they will have to re-educate the citizens on this process and this too will take time. They have to also get out of OFAC sanctions with the US and Europe and so they have goals to accomplish prior. So, these next 3 months are critical for us and our investment. The momentum is moving forward but, as usual Maliki and Ameri are already conspiring a plot of chaos to bring down Al-Kazemi. *** Kaperoni ...the term "program rate."...came from an IMF Stand By Agreement with Iraq to maintain exchange rate stability and has nothing to do with a RV. *** Footforward [Q? : has anything like this happened before in the dinar RV world? A Iraqi bank travelers check routed to a bank in New York?...] not that I'm aware of. People will use this to say the RV has happened in country. It hasn't but this is a good sign. *** Frank26 & Walkingstick The white papers IOO...contain the HCL, the new exchange rate for the Iraqi dinar, the date when they will release it. It also contains the the agreement, the process, the execution of the "Cancel Currency Auction Agreement" that was agreed upon at these meetings. Isn't this wonderful? Right about now you should be saying Wow! The speed of things happening is in God speed. It's just amazing how fast this is unfolding. All of this is just so quickly. Right after Donald Trump talked with Kazemi in D.C. and quickly returned back home... *** MilitiaMan Article: "Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks" Once they bring or add Purchase Power to the new small category notes, the liquidity will begin to absorb those large amounts of notes. The sooner the better too...imo. That's it for today everyone ... Blessings ... RON
  17. Good Evening Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 ...the new Central Bank Governor of Iraq, he's not waiting any time is he? He is direct implementation. There is no delay. It's also very interesting how much of a hurry this new governor of the CBI is in. As much of a hurry as Kazemi. Kazemi gave the new CBI governor Mustafa the authority of the white papers... *** Adam Montana First, the normal stuff...OIL - nothing crazy, just the normal expected good stuff. Stable and steady upward trend. Budget - This may not seem like a big deal, but...submitting it, then withdrawing it, then returning it, then stating "we need 3 weeks to approve it"...there is some number-crunching, pencil whipping, fiat manipulation going on in the background. By itself, that news would raise some eyebrows, but let's hop right into the stuff that does more than raise eyebrows: In particular, this part:..(post 1 of 3)... *** Adam Montana "Deputy Haybat Al-Halbousi indicated that the committee had opened the cabinet to send oil and energy bills, including the oil and gas law." ... in case you missed that: "including the oil and gas law". If I had the ability to make fireworks...jump off of your screen right now, I would consider it - that's how big this kind of news is! If it seems like "all Adam talks about anymore is HCL", that's because things are so smooth and streamlined in Iraq right now... HCL is all we need at this point. HCL is oil and gas law. That's it. That's all, end of story, all she wrote, finito...done...(post 2 of 3.)... *** Adam Montana Our man Kazzammie is hands down the best thing to ever happen to this situation. Not because he's a messiah or anything crazy like that - the man has just done so much it's almost unbelievable. Prior to him taking the position, Iraq was torn and confused by riots, revolts, and failure. That short period of time came after much incredible progress, including getting out of Chapter 7 and booting Maliki. There was a time (not too long ago) when it looked like one of the previous Prime Ministers would make some progress, but we have never seen this much HCL action. Ever. I'm excited... Go Iraq, Go Dinar...GO RRRRVVVVV!!! ...(post 3 of 3)... Adam's Posts were taken from another site that follows his Opinions, and posts snippets from them. His full chat can be found at: Adam Montana Weekly 23 September 2020 *** Kaperoni More good news today from the central bank of Iraq as the new governor makes changes in policy. Efforts seem to be improving as prime minister Kazemi goes after corruption. *** Mark The news I am getting out of Iraq is they are hoping to have a budget vote on Thursday...even though all the news is saying they still need 3 weeks. [For the first time in IRAQ you can exchange Dinar with Dollar between your accounts.] Yes – they are making it seamless in preparation for the new banking system. This is big news. Much concern in the world that Iraq is running out of dollars as this thing has drug on…yes they are running into a budget crisis. My last update was they are pushing to have a vote by Thursday of this week for a budget with value. Otherwise they cannot pay this months salaries, government, pensions and all those good things…there is a serious push going on in Iraq right now. *** Jeff Article: "A member of the Financial Committee, Ahmed Hama Rashid said on Tuesday that the 2020 budget needs 3 weeks to vote on it." Quote: "Parliament have not yet seen the numbers in the budget." Parliament have not seen the freaking numbers in the budget! ...They're hiding the numbers from us, from the public news and from parliament because it's calculated in the billions of dinar and it's linked to the rate change. It's calculated off the rate change. Doesn't have a rate in it but its figures are calculated off the rate. That's why they're freaking hiding it...we look amazing... *** MilitiaMan Article: "In the first decision...the new central bank governor settles a controversial matter" Wow, this is telling me that they have every intention to raise the value of the currency. The importance is straight forward and addressed. It is my understanding...we know they have been printing small notes (possibly coins) in 2018 and more recently in 2019 and 2020...They had issue with Alak's name on of the categories. Imo The new CBI GOV has been around along time and would have known about all of this, thereby, imo they have that issue under control and we are about to see a big change and much improvement to the management of the new currency...WOW This article about the smalls is awesome. It sure shows us they have an incredible intention to use the smalls...That is a good thing... *** Mark ...there is a tremendous amount of dis-information released right now. They have done this in the past when they have done a revaluation or a reset…the most recent example we have is Kuwait . The morning of the revaluation they had a big article in the paper on how it was going to be years before they RVed….then BAM…later that day they had the revaluation. Before that was China . 3 days before they did a revaluation they released stories in the papers- domestic and international that they were not prepared for it yet…and then boom…so look for that smoke...we are seeing a tremendous amount of smoke right now. *** Pimpy This is a pretty big time for us. It's close to the end of the month. Remember the reform papers are supposed to be submitted by the end of this month. The 2020 budget was supposed to have already been voted on. The 2021 budget is coming. Now the anticipation is that we are going to hear something about the Iraqi dinar rate in the reform papers. There's no guarantee. We just know that it's going to be discussed...we know the Minister of Finance has said in the reform papers there is discussions about the Iraqi rate and what that might be...
  18. Good Morning Dinar Vets, here's an opinion & comment that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy *** Article: "An expected session of the Iraqi parliament next Saturday" Next Saturday is going to be interesting...There's a lot of laws that need to be passed and they need to be passed pretty quickly because some of it affects what's going on in the budget. Some of it affects what's going on next year in the election.
  19. Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Ray *** Reportedly, Parliament returned the draft budget law for the year 2020 to the Ministry of Finance to reconsider some items and possibly add new verbiage. *** MilitiaMan *** Article: "Electricity announces the payment of salaries of contract holders and daily wages" Quote: “Minister, which resulted in securing the salaries of the two tranches and transferring their allocations from the investment budget to the operational one. He disclosed that "their salaries will be paid for the month of March today, Sunday, provided that the rest of the months will be paid with retroactive effect after the budget is approved“ The budget agreement appears to have a retroactive mechanism to pay salaries. They also let it be known they can adjust monies from the investment side of a budget to the operational side. Take note this is not about the 2021 at all. March is in 2020 for a retroactivation to be applicable. This is slated for today... Rate before budget, imo... international continuity must mean that the two entities are in agreement at which they’ll be working and being paid. Imo.
  20. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" The first sentence is very very very important... "....the new CBI governor of the central bank of Iraq announced on Thursday a plan to strengthen the notation currency." A plan to strengthen the national currency! There's only one way they can do that...it's to raise the value. *** Mnt Goat ...I can see that the target of the CBI might be January from all this news, however to be more certain we must watch and wait for announcements from the new CBI governor about the project to delete the zeros. I expect we will see him in the public just as soon as he wets his feet a big in his new role. I am being told by my CBI contact, that we can expect him to unveil financial reforms for the CBI and for the nation. I suspect this will be in part, the currency reform. ... the CBI has told me numerous times that they will first educate the citizens again on the process when they are ready. This will be a sign for us... *** Footforward [...I know we are close...] I believe so too... period we need to be watching...the 24th and the 28th. I am not saying those are days the RV is going to happen necessarily...I'm saying they'll be important to watch... *** Jeff Article: "KRG Delegation To Discuss Budget With Federal Official On September 20" I kept telling you that parliament would not start the approval process of the budget until after the 20th. I said IMO the reason why is because the numbers were going to change in that budget from trillions to billions. That's the step that happens when the rate changes...for example if they were to change the rate say this Sunday morning for Iraq then the numbers would transition from trillions into billions. So they would not want any parties to see those figures publicly before the rate does change...IMO they're not going to let anyone see those figures or numbers within the real 2020 budget until after the rate has already changed...They already said the real true numbers inside the budget have not been shown... *** Frank26 ...there is a lot of things that are going on with the Iraqi dinar and they're being very forward about it...what was the article that came out today? 'Hi, I'm an economist from Iraq, I'd like to talk to you about the Iraqi dinar and the American dollar about them being 1 to 1.' ...the citizens are going ballistic... *** MilitiaMan Article: "The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar" Quote: "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency..." ...these articles...have been effectively what we have been waiting for. Instructions issued... In other words the horses mouth has spoken... imo... Now we should see the citizens gearing for an exchange rate to bring in the 50k and 25k notes... imo... As that will bring in the real opportunities!! imo. *** Footforward Article: "100 US dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers." [That article describes a lop scenario say 1 new Dinar would be equal to 1000 old dinars. Hope that’s not what they do.] It won't be. Expect to see alot of crap like this...My point is we don't get shaken. A revaluation is the only way to fix their economic hardship. They aren't going to come out and tell us when they will do it. In my opinion anyways. So we have to watch the signs. ...The fact that corruption is being dealt with in Iraq at a very rapid pace is very good for us...These guys being arrested is a good sign. We need to watch what they do. Not what they say so much. It's helpful to take a much bigger picture... That's all for Today ... Blessings ... RON
  21. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines... *** Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80... *** Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq . *** Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see. *** Adam Montana *** ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming..! * **Adam's opinion was taken from another site. See Adam's full chat at: Adam Montana Weekly 16 September 2020 *** Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
  22. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines... *** Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80... *** Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq . *** Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see. *** Adam Montana *** ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming..! ***Adam's opinion was taken from another site. See Adam's full chat at: Adam Montana Weekly 16 September 2020 *** Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
  23. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat Many...gurus tell you that Iraq must first build a robust economy and create a demand for the dinar. But how does this happen if they keep Iraq in a sanction like isolation and status. It is time to break Iraq out of these sanctions and go global. We know it and they know it. So, what comes first the economy or the currency? Is the currency reform an important part to kick start the economy? Yes, it is. (post 1 of 2).. *** Mnt Goat Let’s joggle our memories for a second. Remember too that under Dr. Shiini Shabibi, then governor of the Central Bank of Iraq, was more than willing to go complete the project to delete the zeros in late 2012 and then reinstate the dinar to FOREX in January of 2013. How could he then without a robust economy and demand for the dinar. I trust this expert and so maybe Iraq does not need so much this “robust economy” all...elude to. Remember that Iraq was much worst off then they are even today in 2020 then they were in 2012. This all tells us that it is not so much the economy that is needed but the end to the corruption and Iranian influence. This is called stability and security. (post 2 of 2)...More to come..! *** MilitiaMan Article: "Parliamentary Finance expects a delay in disbursing salaries and warns against "implicating Iraq" with borrowings" Clearly they didn't get that 15 trillion Dinar loan they told us about. They are telling us there will be delays for a few days. Can't imagine why right? lol Kahdimi is in Kurd town through tomorrow. He is talking about major issues and from the sounds of it the most important have been hammered out and the minor issues are out to committees for follow up. Take note of the most important ones and then think about the next 2020 Budget at stake. They cannot borrow at a program rate.. But, they can go to the secondary market once they go to the IMF,s Article 8 compliance to 100%. imo...Article supports that there is to be a special meeting on the 2020 Budget early or at the start of next week. Well that is Sunday...They say in the above they may have delays for a few days...fits with the approval expected at the extraordinary meeting to come shortly... I think things are very hopeful. Lets see what happens...Imo...All good. *** Adam Montana [Comment: It's easier to counterfeit US currency which means that Iraq put in a lot of effort to protect a currency that isn't worth much at the moment...but hopefully will be soon!...] They put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent. This post was taken from another site that follows Adam's Opinions and posts snippets from them. Ron *** Pimpy Article: "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...those reform papers will be there by the end of this month. What does that mean? That means we really just gotta relax, take a deep breath and realize that we're already on the 10th day of this month. What are we about 3 weeks away from the end of the month? We will know a whole lot more by the end of the month...we are anticipating some very very interesting news by the end of this month. *** Jeff Article: "Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy" This article pretty much is confirming that everything is rigged and has been set, planned and staged for quite some time...look at the date on this article - it's from June 29th 2019 last year... Quote: "The finance committee of the parliamentary, Saturday, their agreement with the Ministers of Finance to receive the draft budget next year in September, indicating that the budget 2020 will make a quantum leap in the Iraqi economy." Since June of last year they've had preparations to delay the budget until September of 2020...it doesn't get any better than that. Huge news...
  24. Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON 9-10-2020 *** MilitiaMan *** Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quotes:"...to begin its implementation, in addition to the necessity to devise a real reform plan to address the delay in implementing projects..."; "...as well as knowing the value of the exchange rate specified in the next budget..." The picture they are painting (imo) is they are implementing the real reform plan. They are even going so far as to tell us that they will need the value of the exchange rate for the next budget. They have not resolved the next budget yet, that I am aware of? The next budget on the table is the 2020 budget leading into the 2021, imo..! (post 1 of 2)... *** MilitiaMan *** They...tell us they have a session for Thursday the 10th. Same day that PM Kadhimi is to be in the Kurds back yard for a meeting on important issues, oil and gas, customs and borders, etc.. Same day... that Al- Hakim is having think tanks gearing to talk about rebuilding the new social contract and rebuilding the state. Lets still keep in mind Kadimi, has a special session for the start of next week to approve the 2020 budget. Which is looking to be the next one on the table. imo. (Thursdays) session maybe be a very powerful one that could change the playing field. We shall see if it is a "September to Remember" but, it sure looks like a synchronization is in play now not in 2021, as they say "next" and that is now real close...imo. (post 2 of 2).. 9-10-2020 *** Jeff *** ...I think a lot of the news is scripted and rigged. In other words they're much farther along than they're telling you the truth on. Notice how Kurdistan and Baghdad are now magically ready to reach a comprehensive agreement at the exact same time and almost the exact same week that they're ready to start the approval process of the budget. That's a little too coincidental...things are coming together too nicely at this point in time. IMO..!
  25. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Footforward Don't be surprised if they come out with a new budget for 3 years with an old rate and then RV after that... [Comment: I can see an RV before the budget is announced but not after...] Response: they can easily redo a budget. They can easily have two budgets. Kuwait flat out lied and said they would never RV and then did RV the very next day. There may be some misdirection here at some point. ...what I'm getting at is don't get down if they do a new budget with the old rate. They can RV any time...Not just the start of a fiscal year. If I suddenly win the lottery, I'll gladly revisit my budget any time. Same thing here. The fiscal year isn't a consideration for timing in this at all... *** Jeff ...the articles are actually suggesting that Iraq is ready to join the international world. Article: "Sovereignty - Macron calls for leading a transitional phase of building important Iraqi sovereignty for the region". Quote: "...Emmanuel Macron called for leading a transitional phase in building important Iraqi sovereignty..." *** Mnt Goat Article: "AL-KAZEMI NOMINATES HIS ADVISOR FOR THE POST OF GOVERNOR OF THE CENTRAL BANK AND A DEPUTY, REVEALS: A SUSPICIOUS FIGURE" ...they fully intended to replace the governor of the Central Bank of Iraq...The question is this: Does this replacement have to be done prior to the RV..? I believe it does or close to it. There is just too much corruption allowed under the present governor to allow it to continue... *** Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can... That;s it for today Folks ... Be Blessed ... RON
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