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  1. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat *** We must all remember that the original reason why they changed out the Saddam notes for the larger 3 zero notes was to combat massive inflation and stabilize the economy. In 2003 it was on the brink of crashing. So now how does it look after almost 17 years of the larger three zero notes? Is it much better than in 2003? Okay so if you are really a student of Iraqi politics and finance you will learn
  2. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 *** Article: "Specialized Banks" Quote: "Now that we are moving completely towards the capitalist market economy system..." Capitalist market economy! That's freedom. My money is free to move in your country? That's Article VIII! Somebody ring a bell! Ding, Ding, Ding, Ding! Thank you...this is powerful. This is Article VIII.
  3. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff *** Article: "Talabani meets Al-Kazemi and asks him to adopt the latest agreement to solve the problems" This is in regard to the implementation of Iraq's budget. They want everything done and happening per Iraq's constitution. They [Iraq] want Kurdistan to send their oil money and oil to Baghdad and then they [Kurds] want Baghdad to send their portion of the '21 budget to them...both parties have said that they
  4. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy *** Rumors...you guys need to be careful...yes I heard all the rumors. I heard about the rate change. It's not true. No rate changes are taking place...we know there's a lot of talk about the rate change. There's a group of people saying that this [devaluation] should not have been done...it was done illegally and there's a lot of talk about it being fixed. I do think it's going to be fixed. I do think it's
  5. *** BobbyC *** [reference NORV post 5-26-2021 Wed Midnight Opinions] I get the fact that they are not ready. Some say that if they were going to re denominate, why not just do it. Reasoning is they still have to have a monetary and economic policy that supports such a move. Monetary wise ya have to look at the weakness of the Banking Sector and amount of currency in and out of those Banks. Economy wise look at the dependency on oil revenue and no economic growth. So if they were to place the IQD as a currency reserve why a Peg? Now could they Float once they see stability within the exchang
  6. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "Kurdish parliamentarian: The region’s delegation will not sign any agreement with Baghdad" Quote: "... Kurdistan Regional Parliament, Diyari Anwar, ruled out the signing of an agreement between the next Kurdish delegation to Baghdad and the federal government regarding oil...." ...Why visit Baghdad for a formal visit if not for the HCL? Maybe because they are to come for a photo op, as the HCL h
  7. 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: "The Dutch Disease and Iraq's Foreign Exchange Rate" Quote: "Had the dinar exchange rate been determined...the rate would have been much higher because of international demand for its oil." This article tells us/me...they can and could support an exchange rate for our benefit and one that would benefit the citizens and bring purchasing power..! Quote: "therefore, it's high time now to adopt a fl
  8. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Walkingstick *** Question: [How does a central bank know when their exchange currency rate needs adjusting?] They know it because a central bank monitors its exchange rate on a daily basis. This bull ka-ka that's coming out of Iraq 'We're going to study it for the next 4 years' No central bank studies any exchange rate for no futuristic 4 year projects...every central bank on this planet earth has to intercede on its
  9. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Petra *** Just think thru why ISX is closed for an extended period, and today, the currency traders stopped trading because they know what’s coming and don’t want to get stuck on the wrong side of the equation. It was in a Post yesterday..!!! IMO...
  10. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** BobbyC *** If those HD's...(250 to the 50K notes)... are kept in the market, along with the supposed LD's of IQD, let's say 1 to 50, it would be mass confusion... My thinking is Iraq will re-denominate before new LD's are issued. Gives weight to Iraq wanting to go from Trillions to Billions... Food for thought...! Good Night Everyone...! RON
  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 *** Petra *** Article: "Saudi companies prepare to launch giant investments soon in Iraq " [...The Saudi's don't play games and have little tolerance "postponement and delay tactics" if your not ready to do business they don't stick around. The fact that they seem to be moving forward with investment projects (according to this article anyway) again I find encouraging...] Correct...Looks like they may get the first dance c
  12. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** There is a clear and concise move to digitalization for Iraq and the region. We saw the like of 200 Senior officials from banks and Central Banks around the world with the BUNA conference on the sixth of May. Then on the 8th of May there is more on the digital transformation of the country. Now we see 300 Banks and from 20 Arab States are to attend a virtual event on the same topic of digitization in the coming
  13. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 *** They [Iraq] has to have liberalization of movement...they need a free market - a liberalization of their currency is important for the their currency to be viable. They need to be Article VIII - it's not that they have to raise the value of their currency. That's nice and good but they need to announce that they're article VIII and international status. All of the articles cast a long shadow that proves
  14. 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 *** Iraq is filthy rich...If they could only get the political scene straightened and get rid of the corruption that is stealing their wealth, the nation of Iraq could flourish to unbelievable heights. We read this period of an existence of a surplus in oil revenues of $7 billion, at a minimum, at the end of last month. Then the Parliamentary Oil and Energy Committee in Iraq announced that the accumulated sums
  15. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "Officially...Finance publishes instructions for implementing the 2021 budget" [...TODAY A RAMADAN HOLY DAY THE BUDGET INSTRUCTIONS ARE PUBLISHED... WHAT IS NEEDED THEREFORE TO IMPLEMENT THESE INSTRUCTIONS..??] There are things that will need to be implemented in short order. The MR process has not come this far to not see what we want..!
  16. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 *** IMO the budget that...is now going to receive an official exchange rate from a sovereign country that...will be shown to be under Article VIII...you can see very clearly that the action of many countries, many companies...they're casting a shadow of the monetary reform. They're not going to come out and tell you, 'Hey guess what? They told us they're going to raise the value of their currency.' Because t
  17. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat *** Article: "GETTING INTO IRAQ HAS NOW NEVER BEEN EASIER " This is part of the plan to re-open the country to international status and allow a free flow of people and capital in and out of the county. This is what we need to see.
  18. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "What is the reason for the delay in publishing the budget law in the official gazette? Justice answers" Quote: "the draft budget law is ready for publication in the official newspaper Al-Waqae ', and will be published during the next Sunday or Monday." The week extension is coming to an end.. Sounds like they have it ready for publication...
  19. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "'Adapt to the exchange rate" Quotes: "'except by liberalizing the exchange rate and creating monetary stability in an atmosphere of freedom of exchange and circulation"; "...which is likely to adopt the method of "floatation."' This article is so very telling. We have seen they increased their reserves. They have found that the political banter of late created an environment that Investors, I
  20. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy *** Article: "It will continue for five years and 600 pending procedures. Allawi reveals the second part of the white paper" This is the one article that people are a little bit confused about...for some reason people are thinking that the exchange rate is gonna stay the same for that long and nowhere in here does it say that it's gonna take five years before they change the rate. That's all for today
  21. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Petra ***...Remember, the WP's [White Papers ?] do NOT work at 1460 much less 1190 so the next move is on the CBI. Making the rate change is the door requiring unlocking for the Country of Iraq to welcome in the secondary markets and other International investors to walk on in. We know there are "Billions" on the sideline just waiting to enter when their investment dollars can be protected, monitored, and moved as nec
  22. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy *** Article: "We will oblige the government to restore the exchange rate of the dollar to what it was previously" What do they mean "previously"? Did they mean previously to the $3.22 rate? There's a lot of that chatter going on - Or to the one I was talking about before which is 1190 dinars...my opinion it would be back to where it was before which is one dollar for every 1190 dinars. That's just my opinion. Co
  23. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat *** Many of the MPs say they will now boycott the voting process and not vote on approving the 2021 budget except in the case of returning the previous dollar exchange rate to 1200. So as time passes and oil rises, they are making this a contentious issue. So again, I am telling you that because oil is rising and the CBI is still keeping the rate at about 1450 tells us there is much more to the devaluation of t
  24. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff *** Article: "Kurdish Parliament: A new round of talks for the Kurdish delegation in Baghdad next week" For the rate change to even happen, at a minimum, Kurdistan and Baghdad have to reach full an agreements on the budget. *** Mark *** [Q? : Are they preparing?] Absolutely. We had expected the budget to pass this weekend…it did not…they shelved the final vote until Mar 27 at 1 pm their time. T
  25. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 ***...The international world has been set up to enter Iraq. We can see the articles. The international world would not dare enter Iraq if they have not been in Article 8, if all the UN sanctions had not been removed, if they didn't have protection for their currency...they are article 8 and that's why counties are coming into Iraq. Because they lifted the value of their currency, whether it be on the seconda
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