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Showing results for tags 'opinion'.
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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 7-10-2025 Mnt Goat We can clearly see that Iraq is ready to reinstate their currency and go global with it. It could not be any clearer now. But first there is work to be done with Iran...my CBI contact has been relaying to me from my conference calls to Iraq and she was spot on! She said many times that, right now “it’s all about Iran”.
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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 6-27-2025 Militia Man Iraq has low inflation and is in a very good position to defend its exchange rate in a time when you think the place is going crazy in a hand basket but they press on and they keep doing it. They're meeting the requirements necessary. They've made stockholders (IMF, World Bank, US Treasury, Federal Reserve) happy. They are the largest stakeholders in Iraq.
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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 6-20-2025 Mnt Goat In the past my CBI contact also told me the RV process in order to go forward hinged on this matter of Iran depended on either making a peaceful proposal or face a major conflict. I was told if attack and bombing scenario did play out, it would only delay the RV process going forward. I was also told at that time you would have to be “crazy” if you thought it could even happen with this all going on. So, once again the Iranian leader Khamenei chose the path of evil and destruction. Israel and the U.S. forces are now just carrying out that destined choice. [Post 1 of 2] 6-20-2025 Mnt Goat This is not to say we wouldn’t be close to the RV, only closer now as this Iranian scenario had to happen first. You must understand this is a “good thing” and not a negative event in the larger scheme of things. I know, I know it is hard to see how this could possibly be good for the RV, but at the end you will understand. It will all come together and you will see it. [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 6-18-2025 Mnt Goat Article: "A GOVERNMENT ADVISOR REVEALS THE TRUTH ABOUT THE DEVALUATION OF THE DINAR AGAINST THE DOLLAR." Quote: "there is a shortage of cash liquidity in Iraq and that salaries are 'unsafe,'" In early July the govt’s plan is to pay ALL salaries by automatic deposit in the citizens bank account. If they haven’t set up an account they will not get paid...This action by the govt is hoped to keep more cash in the banks to help with the liquidity issue. It may also flush out the stashes and hoards of cash in the homes that is said to be almost 90% of the issued cash..But remember that you and me also have dinar and our stashes must also come home to roost…lol... 😄 They are going to come for our dinar next.
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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 6-6-2025 Samson Article: "Among them are Meta and Google. The Minister of Communications: International companies are interested in the Iraqi digital corridor project" 6-6-2025 Militia Man These guys are really gearing to integrate into the international world. Are they going to do it at 1310? Well if they were going to why didn't they do that 2 years ago or back in 2018. We don't know. The bottom line is they probably weren't going to because it just wouldn't work.
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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 6-6-2025 Pimpy A couple good moves in Iraq that's going to help those who are invited in the Iraqi stock exchange and also do a little bit to strengthen up the Iraqi dinar...If you're invested in Iraqi stock this is big news for you. Article: "Iraqi activates the TIR system booking international trade and security says IRU head" Basically it's going to help streamline goods being transported on the road. This is going to be awesome for Iraq's economy without a doubt. These are the types of steps we like to see Iraq take. 6-6-2025 Samson Article: "The Central Bank is exploring the possibility of opening branches of Turkish banks in Nineveh Governorate."
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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 6-6-2025 Fnu Lnu Banking is not ready. Parliament is not ready. The WTO is not ready. The Digital Payment system is not ready. Security is non-existent...et al. Trump has been using soft sanctions especially concerning the use of the USD by terrorist designated nations like Iran and Syria. 6-6-2025 Clare Article: "Al-Ghariri: Iraq is getting closer to membership in the World Trade Organization." Quote: "Minister of Trade, Atheer Al-Ghurairi, announced that Iraq has made significant progress in its path towards joining the World Trade Organization, stressing Baghdad's serious commitment and transparency in meeting the requirements of this important international process."
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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 6-6-2025 MarkZ Article: “PM advisor: Iraq’s natural resources are worth more than $16 trillion” They are laying the ground work for a revaluation with the public. 6-6-2025 Mnt Goat Article: “ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION”. Quote: "This is within the framework of the strategic directions of the Iraqi government’s program to diversify sources of national income." ...Sounds to me that when they ramp up this effort into high-gear, Iraq could see this revenue stream almost, if not equaling the oil revenues. So, again we see Iraq beating it’s chest as they are proud of their wealth. Basel requirements state the currency should reflect the value of the assets of that nation. All I can add is WOW!
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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 6-4-2025 Pimpy Just because you have a 25,000 note and all of a sudden they change the exchange rate to go with the new notes that doesn't mean you get to bring in your old 25,000 dinar and go, 'Aha, I want the new exchange rate...' They're going to go, 'No. We're going to take your zeros off and then multiply whatever the new rate it.' That's what they're going to do. Don't get excited about having the old notes if they do introduce new notes. What we want to see happen is them to increase the exchange rate and not touch the notes, leave them the way they are with the zeros on there. That's what you want if you any hope whatsoever of making a lot of money. 6-4-2025 Clare Article "Experts: Liberation from the rentier economy occurs through modern banking." Quote "Banking, academic, and legal experts predict that Iraq is on the path to a radical banking transformation that will transform the national economy from its dependence on oil to a diversified and sustainable capital market."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-31-2025 Mnt Goat I strongly believe that the CBI has broken the proverbial back of the camel, yes, the back of the parallel market...it is evidenced in an Article titled “THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.” Hamid Abu Firas, owner of a money exchange company, explained that: Quote: “this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies." Folks this statement by Firas is a “WOW!” statement. We are hearing this from a money exchanger. These are the people who want the dollar to rise not decline and so this is a very important truth he had to now admit.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-22-2025 Clare Article: "Iraq: Concluding Statement of the 2025 IMF Article IV Mission" Quote: "An International Monetary Fund (IMF)...met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation...A highly uncertain global environment, falling oil prices, and acute financing pressures, are taking a toll on economic activity and exacerbating Iraq’s existing vulnerabilities, calling for urgent measures to preserve fiscal and external stability. [Post 1 of 2] 5-22-2025 Clare Article quote continued: "Building on recent progress, the Central Bank of Iraq (CBI) should continue modernizing the banking system...The mission commended the CBI for the successful transition to the new trade finance system. Trade finance is now fully processed by commercial banks through their correspondent banking relationships. This has also supported the recent decline in the spread between the official and parallel market exchange rates. Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access." [Post 2 of 2] 5-22-2025 Pimpy People say, I don't think this [$0.76] is where the rate is going to be. I agree. I don't think that's where the rate's going to be either. It might when we first start but I don't think it's going to stop there...$3.22, is that possible? Yeah that's possible. I don't deny that. But $3.22 is not going to be times this denomination [25,000]. It's going to be times this denomination [25]. They're going to have the $3.22 rate. I agree with you. But after they delete the zeros, not before...I'll take the $3.22 rate even if they take the zeros off. Me too Pimple..! At least that's almost 3 x my investment.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-23-2025 Pimpy Community Comment: "You have always said a 25,000 dinar note is going to be a 25 dinar note. Not here. In country only." Pimpy: I never said 'it's only in country only'. Whenever a country changes its currency, it's worldwide. Whenever they're changing their exchange rate it's worldwide. This isn't just 'in country'/'out country'. That's bull ****. 5-23-2025 Nader From The Mid East Article: ...The vast 'leakage' of cash poses a serious challenge to the country's financial stability and long-term economic growth...Saleh...stated the hoarding of cash...has reached critical levels...91-92 trillion dinars are currently outside the banking system...driven by public distrust in financial institutions."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-23-2025 Walkigstick They've already worked out the math on this. It's at least 1 to 1 IMO. This is not a threat, it's a blessing. They are threatening them with the lower denoms because they want to complete the whole program.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-23-2025 Mnt Goat Article: “46 IRAQI BUSINESS LEADERS PARTICIPATED IN THE INVESTMENT SUMMIT IN WASHINGTON.” ...The US Embassy in Baghdad said in a statement Quote: “A delegation of 46 business leaders from Iraq, including the Kurdistan Region, arrived in the United States to participate in the annual Select USA Investment Summit, which was held in the Washington, D.C., area from May 11 to 14.” So, does the US want to help move Iraq along? Has the U.S. under the Trump administration changed it’s foreign policy to one of strong leadership to help move the reforms ahead in Iraq? It certainly appears that way. The time of the reset is nearing. They must now move this along.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-22-2025 Mnt Goat I have to keep asking just how much longer before the U.S. will sign off on this RV event and allow IRAQ to normalize their currency. We heard a lot of news about the crushing of the parallel market. We suspect to hear shortly that it has matched the “official” CBI rate. This is coming. ...We know the first step to the currency reform of normalization, is the issuing of the newer lower denominations. WE should know it is coming and my CBI contact is on the committee to help orchestrate this event, when the committee is told to go 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 5-21-2025 Fnu Lnu I believe they will make the shift into a value added currency however, I also feel this will come after the Digital transformation has been completed and all ancillary hardware and software has been installed and training completed, and global oil prices have increased. 5-21-2025 Clare Article quote: "Economic expert Safwan Qusay concluded his remarks by stating that the government is serious about generating revenue from all sectors as part of a future development plan, noting that financial reforms and Syria's exit from the black market have contributed to reducing pressure on the dollar, predicting that its price will continue to decline to 132,000 dinars per $100."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-21-2025 Mnt Goat ...the 34th Arab Summit held in Baghdad this past Saturday, May 17, 2025...was a pivotal moment in strengthening Iraq’s regional economic role and consolidating its position as one of the most prominent players in shaping the Arab development map, at a time when it has risen to fourth place in the Arab world in terms of gross domestic product by 2025. This is just yet another ride on the RV choo-choo that Iraq took to strengthen its position even more. If later they are going to present a dinar rate much higher than most, if not all middle eastern countries, they better be able to back it up.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-19-2025 Mnt Goat Article: "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY" Quote: "Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system" WOW! ...Although this may seem like a negative statement this is actually an all-telling concept in just where Iraq now stands in the global arena. If they are going to go international with their currency there will be vulnerability. They are no longer isolated and under the sanctioned post-war process so of course they are going to be more “vulnerable to global economic shocks”. I also believe this is setting the stage for the IQD for a future float, which comes only with the new basket of currency for a new peg.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-18-2025 Kaperoni Article: "Prime Minister's Advisor: The Baghdad Summit proceeded smoothly and Iraq has regained its leadership role." 5-18-2025 Fnu Lnu Per the most recent annual report finals issued in Q4 of 2024, Iraq HAS A REER of 1300 Dinars to 1 USD, and that remains unchanged for the past two years. Play make-believe if you wish, but it would be advantageous to at least consult the records of fact as they currently exist. Facts matter and rumors or mythology are just fun mental toys to play with. So, exactly what do you want to say Fnu Lnu..? Say it definitively..! 5-18-2025 Clare Article: “Trade Bank of Iraq wins JP Morgan Chase’s STP award " Quote: "According to TBI spokesperson Ahmed Al-Khazraji, this award is granted based on the amount of electronic transactions completed by the bank and the percentage of direct foreign transfers, as well as the level of compliance with JP Morgan Chase’s precise criteria. This recognition ranks the TBI among an elite group of banks that have been awarded for their direct transfer operations, with STP rates of 99.68 percent for the MT103 category of SWIFT payments."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-5-2025 Mnt Goat Article: “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.” As investors we have...been watching for the Oil and Gas law/referendum required by the new Iraqi constitution of 2005. One day we hear it is being passed on to parliament and the next day we hear it will not even be considered in the current session. A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-3-2025 Fnu Lnu Here is my weekly list of projects in Iraq showing progress is steady and moving forward at a REER of 1300 IQD to $1 USD. "Advanced Talks" on $17bn Mega-Project in Iraq - Iraq Approves Siemens Energy Contracts - Saudi Arabia to build Silica-Based Industrial Complex in Anbar - Iraqi-Spanish Company to grow Olives in Wasit - Major New Hotel Opens in Baghdad - GE Vernova to Upgrade Bazyan Power Plant - Iraq and ACWA advance Najaf Solar Power Plant - Swiss Firm to build Grain Silo in Kirkuk - EBRD Enables Expansion into Iraq - Ur Tourist City Projects Advance (NOTE: This is the real reason Iraq wants the travel advisory lifted.) - Iraqi Drilling Company Completes 13 New Wells; - New Sadr City: Chinese State Firm to build 11,000 Houses - $1.17bn New Cement and Chemical Investment in Muthanna - Progress on Construction of Nasiriyah International Airport - Iraq Stock Exchange to join Tabadul Digital Trading Platform.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-1-2025 Newshound Mnt Goat ...Iraq is excited and so should we be... the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.
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Saturday Early Afternoon Opinions - 2:35 PM MST - 4/12/2025
ronscarpa posted a topic in Dinar Rumors
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 4-12-2025 Clare Article: "Al-Sudani announces a 128% increase in customs revenues and a 22% increase in tax revenues." Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani announced on Monday that customs revenues increased by about 128% and tax revenues by about 22%, higher than previous years." 4-12-2025 Militia Man Article quote: "Iraq seeks to deepen economic partnerships and finance priority projects." They talked about JP Morgan being involved. It's one of the biggest banks in the world. Why would they be coming in and staying around thinking they're going to fund all these investments with an exchange rate that's basically a form of currency manipulation? -
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 4-10-2025 Mnt Goat Article: “IRAN-BACKED MILITIAS IN IRAQ ARE READY TO DISARM FOLLOWING TRUMP’S THREATS” Do you know just how good this news really is?... we have been waiting for this kind of news since these Iranian militia...first entered Iraq in 2014 to fight ISIS...in today’s new we find this justice with Nori Al-Maliki is coming much sooner than most think...If this isn’t a WOW! WOW! WOW! article I don’t what is..... 4-10-2025 Samson Article: "Vice President of the American Chamber of Commerce: The Treasury Department will play a role in developing the Iraqi economy."
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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 4-4-2025 Clare Article: “Free Iraq from Iran Act: U.S. Legislative Efforts to Curb Iranian Influence" Quote: "In a concerted effort to bolster Iraq's sovereignty and diminish Iranian influence within its borders, U.S. Representative Joe Wilson (R-SC) has proposed Free Iraq from Iran Act seeks to designate key Iran-backed groups operating in Iraq as terrorist organizations and to prohibit U.S. funds from reaching these militias." 4-4-2025 Kaperoni Article: "Al-Nusairi: 2025 indicators: a strong economy, a recovering dinar, and developing banks." 4-4-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says it's Sudani sending Alaq to talk a whole lot today. He said the CBI is working in initiatives to finance the projects outside the 3-year budget. We didn't even know we had projects outside the 3-year budget...that to us means an international rate...and they're working on implementing a digital dinar and it's coming soon. If we're going to have a digital dinar we're definitely are going to have a new exchange rate. FRANK: Yes! That's exactly what it means.
