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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 3-31-2025 Clare Article: "Office of Grand Ayatollah Sistani: Tomorrow, Monday, is the first day of Eid al-Fitr." 3-31-2025 Mnt Goat Article: “AL-NUSAIRI: 2025 INDICATORS: A STRONG ECONOMY, A RECOVERING DINAR, AND DEVELOPING BANKS.” Quote: "...our dinar is recovering and gradually returning towards an exchange rate against the US dollar towards the equilibrium price targeted by the Central Bank." He said “gradual”...Then he talks about an “equilibrium” price that is being targeted by the CBI. My CBI contact has been telling us that the parallel market must be cracked to drive down the informal price of the dollar to the “official” CBI rate. Appears to me they are cracking the parallel market...this will not happen overnight. The CBI is not going to divulge this target rate to us but we do know they told us it is at the “official” rate or very close to it. Then we were told when this happens this will trigger the Project to Delete the Zeros...
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-26-2025 Mnt Goat Will cash paper dinar coincide with the digital dinar? Article: “RAFIDAIN BANK DEPLOYS ATMS AT 5 STATIONS IN BAGHDAD” Why would they deploy yet more ATMs now. Don’t forget also the hundreds of ATMs deployed throughout Iraq in the past. Why would they do this if not still expecting to use cash at some level. Article Quote: “Rafidain Bank announced the deployment of automated teller machines (ATMs) at a number of stations, allowing customers to conduct withdrawals and deposits easily and safely..." So, now we see the ATMs would only be needed if there is still a need for cash.
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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 3-22-2025 Samson Article: "German report: Iraq is moving toward issuing a digital currency to eliminate US control over the central bank." Quote: "A report by the German website news outlet revealed...Iraq has begun abandoning the US dollar in its efforts to launch the Iraqi digital dinar to end the parallel market." 3-22-2025 Frank26 When someone says to you, 'Give me your dinars because I belong to a group that's going to be able to pay you a higher rate than what the CBI can pay you.' Run! They're connivers...thieves...liars. What they do is they take your dinar and they put it in a bank account in Iraq that draws interest. They're making money off of it. If I was you I would say to them, 'Give me back my dinar, give me back my dong.' How many times have these tiers happened? It's impossible they can give you $5/$6 for every dinar. There are no dual exchange rates. It's illegal. It's called money laundering. Be careful what you do. I feel bad for you people. [Note: Your dinar is a real currency. Treat them just like you would dollars or euros. If you wouldn't do, whatever it is, with your dollars or euros then think twice about doing that same thing with your dinar.]
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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 3-7-2025 Samson Article: "Tomorrow.. End of the US 'exemption' for exporting Iranian gas to Iraq" 3-8-2025 MarkZ Article: In Iraq: “Parliamentarian: Budget tables have not reached the finance committee so far” We are all wondering why? There is one very obvious answer to this question. It may have a rate change in it. I am hearing from contacts in Iraq-they continue to delay until they are allowed to release …because there will be rates in there. I hope it is accurate and it makes a lot of sense.
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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 3-5-2025 Clare Article: "Al-Alaq: 20 Iraqi banks practice direct transfer operations" Quote: "Today, there are 20 Iraqi banks practicing direct transfer operations with international correspondents in eight foreign currencies, within the new system." 3-5-2025 Frank26 We're looking for the printing of the new budget. We want something in print so we can see.
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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 3-5-2025 Clare Article: "Parliamentary Finance: We expect the budget tables to reach Parliament in the middle of this month" Quote "...the government will send the schedules in the middle or before the end of this month." 3-5-2025 Sandy Ingram Changes are happening in Iraq. We can only hope this means an increase, even a small increase, in the value of the currency is on the agenda further down the road. We have reason to believe the value of the currency will automatically push up once the Development Road Project is in place...
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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 3-5-2025 Mnt Goat ...we are not likely to see any reinstatement of the dinar until Iran is broken. I mean the government leadership toppled and the terrorist networks abolished. I am told by my CBI contact this must take place to move ahead in Iraq and free Iraq. As long as Iran exists in its present state, the U.S. is NOT going to release (or free) its dinar to the world. [Post 1 of 2] 3-5-2025 Mnt Goat In the midst of the issues with Iran and the U.S., things are still moving ahead in Iraq. It may be an uphill battle for Al-Sudani and Al Ali-Alaq, but they are still aggressively moving forward...the dinar is finally rising in relation to the dollar. Yes, the dinar is finally slowly rising. It should not be long before Iraq rises to the top of the middle east and they advance in the rest of the world in global stature. [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 3-2-2025 Mnt Goat Article: "CENTRAL BANK: ACHIEVED INTERNATIONAL INTEGRATION BY LINKING THE IRAQI ELECTRONIC PAYMENT SYSTEM TO GLOBAL NETWORKS" Quote: "...we achieved international integration by linking the Iraqi electronic payment system to global payment networks, which allows the transformation of accepting foreign cards locally and expanding the acceptance of Iraqi cards internationally,” 3-1-2025 Frank26 This investment of ours can cause us doubt. But you know what? Doubt always asks a question. It's faith that answers the question. I know some of you may doubt that this will every happen but I have faith that it will and that's my opinion...My belief cancels any doubt...unbelief doesn't want the answer.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-27-2025 MarkZ Article: “To arrange the papers with the Americans: The reasons for Al-Kazemi’s return to Baghdad” This is former prime minister, Al-Kazemi is extremely well versed and well connected in the US and Saudi political systems. He is back in Iraq to be a go between/ mediator as they work through all their final agreements with the US, Saudi and the basket of currencies . They have the A-Team in charge and it is getting fun to watch.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-26-2025 Militia Man We know Iraq's value is not based off oil alone. Aside from the obvious natural resources, non-oil revenue streams...she has massive diversity with income streams. All of which are underlying issues to get a proper valuation based on real assets and not based off sanctioned exchange rate that is not an international one. It has been in sub-penny range for over 20 years now. It's Iraq's time to shine. Iraq's ready for full integration into the international arena.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-22-2025 Mnt Goat There has to be a breakthrough soon. Iraq cannot continue indefinitely like this. They have set up the banking system for international transactions. Everything is actually in place to do business with the rest of the world. The only question is when (not if) will they complete the currency reform as planned.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-14-2025 Newshound Mnt Goat Articles: “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?” and ” TARGETING IRAN, US TIGHTENS IRAQ’S DOLLAR FLOW, CAUSING PAIN“. These are my favorite articles in the news... It may at first seem imposing, but it will lead us to what we have been looking for all along...this move by the US is supported by the CBI and is in the plan as the next move that had to be made...It is going to set up the dinar for the future value.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-12-2025 Walkingstick [Contractor friend in Iraq update] IRAQI CONTRACTOR: I've been in all the executive branch meetings with the CBI. Right now the CBI is redoing my contract. In fact, they're redoing all contracts in Iraq because there will be a rate change soon. Also the CBI and the GOI speaking. I heard them at this meeting bring up that the CBI and GOI will now release the articles on the lower notes - the pictures... descriptions for the citizens to see... They used to pay us in American dollars, now all contracts are being paid only in dinars. To me the only important thing is my contact. That comes first. I don't care about their currency. I don't care about what they're doing with the purchasing power. As long as the IQD value they come out with matches the contract value they gave me in American dollars when they first wrote it to me, that's all I care about. I don't care about buying any stupid dinars. My profit is from investing in Iraq and there are no restrictions. The sky is the limit.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-10-2025 Clare Article: "Iraq advances one place in global gold reserves" Quote: "The World Gold Council announced today, Sunday, that Iraq has advanced one place in the ranking of countries that hold the most gold in the world. Iraq increased its gold holdings to 162.7 tons, representing 12.7% of its total other reserves." 2-10-2025 Jeff To help you on an exchange you're probably going to want to call your bank and schedule an appointment. In other words don't just, if you're heavily invested in this, don't just walk into a bank with a big ole bag of money and say, 'I need to exchange all this.' Call them, set it up, schedule it, let them know how much you have. Ask them, do they have limits that you can bring in?. I'm not calling a bank. I'm going to call Wells Fargo's private bank. I'll be able to bring in all my currency at one time. I don't have to bring it in stages or in different intervals or anything like that. I can bring it all in at once. 2-10-2025 Samson Article: "Iraq's dollar reserves exceed $100 billion"
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-12-2025 MarkZ Article: “The dollar stabilizes in the parallel market. Is this price craze over?” The dinar has gained next to the dollar. The CBI and parliament are very optimistic. 2-12-2025 Mnt Goat Article: "THE DILEMMA OF LINKING BAGHDAD TO TEHRAN: US SANCTIONS 'WILL DESTROY IRAQ' BEFORE IRAN" This situation with Iran has to be worked out. I am here to tell you that this is not pretty for Iraq. What will Iraq do? Will they comply with the U.S. request and work to stop these dollars to Iran or will Rafidian bank go under severe US sanctions? There is absolutely NO WAY that U.S. is going to allow the Iraqi dinar to revalue and float back on FOREX markets unless these situations are taken care of. In the long run we all should know that this is going to work itself out and Iraq will be successful it just may be a little later than sooner...this situation could change very quickly and we are not talking about years or even months.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-3-2025 Samson Article: ”Al-Sudani: Parliament's approval of the budget amendment confirms political stability, and we call for starting it immediately" 2-3-2025 Mnt Goat President Trump...has now taken on the issues involving Iraq. This is a very good for us investors as we all know the value of the dinar has been greatly suppressed due to corruption and stalling. Yes, we all know and so does the CBI that this needs adjustment. The adjustment is coming but it will take political willpower to do it.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Jeff They're openly telling us they're getting closer to getting the budget schedules to parliament for approval but to do that they're waiting for the rate to change first...It's very good that they're telling us about it. This is one of the things I've been waiting to see right here, at least them talking about preparing to get the budget schedules to parliament and start the approval process. It will require three readings because it's budget funds. MarkZ I am hearing a lot of chatter that there may be an Iraqi rate change over the weekend. I am not going to ride the roller coaster but will be hopeful that we are seeing it that soon. But Trump is not in office yet, so stay calm. Jeff's post above pretty much negates Mark's crock of crap. I weasn't going to post it, but there was nothing else available, and it shows just how much he slings the crap. He makes the statement, then provides himself a way out. The only value he provides is when he posts articles...period..!
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Discussing photo of an unknown lower note sent to Frank] SENDER: What's that [note] underneath it [photo of the known 250 and 500 dinar notes]? FRANK: I don't know what that is. Where did you get this? SENDER: It's from a contractor in Iraq. FRANK: It's not just because of the color I see there, it's the packaging that attracts my attention. SENDER: My buddy said he got the pictures from his interpreter friend who goes out on patrols with him daily. The interpreter's brother works in a very small bank. He had to pay the brother three bottles of Old Spice cologne in order to get this picture to him. [Post 1 of 2] Frank26 SENDER: I guess they can't get it over there, pretty valuable. The brother said they have pallets of the smaller bills there in the vault but they haven't released them yet to anyone. I guess he could get in serious trouble if they found out he took this picture. FRANK: So I'm understanding this correctly, your friend who's a contractor, his interpreter has a friend at a bank and he took a picture and he smuggled them out and he gave them to your friend and your friend gave them to you? SENDER: Exactly. FRANK: It had three qualifications but the one that got me was the packaging. [Post 2 of 2] Clare Article: "Trump's envoy on his way to Iraq. A new message to Al-Sudani" Quote: "An American envoy is expected to arrive in Baghdad, carrying direct messages from Trump about the security of the region and Iraq's role in it."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat Article: “GOVERNMENT ADVISOR: ASYCUDA SYSTEM IS A VITAL TOOL FOR DEVELOPING CUSTOMS WORK AND BOOSTING INTERNATIONAL TRADE”... “WOW..!" This is another article about these future non-oil revenues. The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, reviewed on Sunday, the importance of adopting the ASYCUDA system in customs administration, noting that it reduces delays at ports and boosts international trade...Remember again that this system needs a link to FOREX currency exchange to get the most current, UpToDate rate of currencies in order to calculate the fees. They cannot “fully” implement it without this tie in.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says the matter has been resolved, there is no money dollar currency auctions platform anymore after 20 years. FRANK: No wonder they're showing you the old lower notes. FIREFLY. This is from the CBI spokesman. FRANK: This is an official source then. They're over. Clare Article Quote: "The date for closing the platform is fixed, it will not change and will not be extended. The banks have been preparing since the beginning of this year when Governor Ali Al-Alaq announced his intention to close the platform." THEY HAVE A FIXED DATE ACCORDING TO THE ARTICLE.... SALEH SAID starting Jan. 2, 2025, the Central Bank of Iraq will no longer directly sell foreign currency. IMO THIS IS THE LAST FOREIGN CURRENCY AUCTION. {Reposted from last night}
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man They changed the name to currency window as opposed to auction. That represents foreign currencies. Article Quote "This platform will be stopped at the end of this year." The dollar auctions as we know them are going bye-bye by the end of the year. That doesn't mean the 31st, It means - coming at any time.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Article Quote: "Iraq has gotten rid of the burden of foreign debts for the first time which had shackled it economically ...What remains of its debts to international parties constitutes less than $9 billion that will be paid between now and the year 2028." Iraq's going to have a lot of money. If you're going to be a creditor, people are going to be coming to you for money and Iraq is going to have a lot of it. To be fair, I think a lot of us are going to have a few dollar too because of it. May all you DVers have a Joyous & Blessed Christmas, and a Happy Hanukkah..! RON -
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat Article: “CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET” Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market. We were told of the issue of the parallel market and my CBI contact told me that this had to come in par with the “official” CBI rate in order to make the in-country revaluation of the dinar possible, before the project to delete the zeros could occur. They said that the new correspondent bank procedure should eliminate the parallel market. The RV is going to happen, but first things first. [post 1 of 2] Mnt Goat This recent move with the correspondent banks should knock out the parallel market altogether first and put the dollar in line with the CBI “official” rate. This was needed first. Then the CBI plans to push out the new in-country CBI official rate we have been waiting for along with the project to delete the zeros. I just talked to my CBI contact Wednesday and this is what I am told. We just have to sit tight and see what happens next. I wish I could tell you more positive news. Right now, this is a very sensitive time, things will be moving fast soon. I can’t think of better news at this time. [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 Samson Article: "Get ready.. The exchange rate is about to rise again: The dollar selling platform will stop and “the shock is coming” "Boy, am I ready; as I'm sure all of you are as well..! Militia Man The dollar auctions are what's the problem. That's where the corruption is and that's about ready to go bye-bye because [Alaq] said he's getting rid of the black market. The things he's doing is naturally gradually getting it done. I think by changing the exchange rate with Article 12 in the Gazette, budget being exposed we're going to find out. They're not paying salaries and not reopening the oil after losing $20 billion to keep the exchange rate at 1310. That doesn't make sense to anybody.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani gave a big speech and he talked about how very very serious his government is about increasing the citizens' purchasing power. He said Iraq has reached a historical time for financial increase. He talked about how stable we are. FRANK: Now that he has told you again for the 9th time, allow me to say this to you. Start your countdown! Clare Article: "Why will Iraq become one of Trump's 'priorities' in the coming period? - Urgent" Quote “Trump is planning major changes in the Middle East region, and therefore the region is entering a new phase, and Iraq will be at the forefront of these changes in terms of the security and economic reality."