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Showing results for tags 'opinion'.
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Good Morning Dinar Vets, here's an opinion & comment by MilitiaMan 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 *** The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel in 8-9 key places. They include the CBI. All still looks very promising...imo. -
Good afternoon Dinar Vets, here's an opinion & comment by Pimpy 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: "Al-Kazemi arrives in Halabja" ... You're gonna see a lot of articles talking about Erbil and Baghdad trying to get things ironed out...we know what needs to be done. The only thing that's changing right now...is the atmosphere in the amount of cooperation going on between Erbil and Baghdad. We know this has to be ironed out...They can't go forward with the budget until they get this agreement knocked out...this has to happen very soon. We know that there's a deadline on the budget getting to parliamentary for it to be voted on...We also know they have to review the reform papers and decide whether or not they're going to make the changes recommended including the rate change and implement it into the 2021 budget...it looks like Al-Kazemi has rolled up his sleeves. He is over there with Bersani as well as Telebani and they're getting these things knocked out...
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Good Afternoon Dinar Vets, here's an opinion & comment by Mtn Goat 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 Quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ; "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed," we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.
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Sunday Late Morning Jeff Opinion @ 11:44 AM CDT - 8/30/2020
ronscarpa posted a topic in Dinar Rumors
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 *** Jeff *** Iraq is on what's called the OFAC list. That's why most major banks are not dealing with it...Citibank is and has been selling Iraq's currency...most major banks today do not sell Iraq's currency. Wells Fargo, Chase, B of A do not sell Iraq's currency (although they did in the past) and the reason why is Iraq is on the OFAC list. The OFAC list it's not so much sanctions per se, it's more of a list of countries thought...to support terrorism. So because Iraq is on that list the major banks do not want to sell currencies of countries that are know to support terrorism. By their choice they do not sell and exchange Iraq's currency. But again, Citibank does sell IQD... I thought that it was stated in the past that Iraq was removed from the OFAC list...I'll try to find out for certain and let everyone know...RON -
Good Morning Dinar Vets, here's an opinion & comment by Sandyf 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 *** sandyf *** Kaperoni is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11. [reference Kaperoni post 8-28-2020]
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Good Morning Dinar Vets, here's an opinion & comment by Kaperoni 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 *** Kaperoni *** ...Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV. The Iraqi dinar is globally recognized. Oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII. Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII. If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message to the global investment community...(Post 1 of 2)....stay tuned for Post 2
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Good Morning Dinar Vets, here's an opinion & comment by Frank26 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 *** A sovereign country does not exist unless it has a sovereign currency. It's that simple. It doesn't take a genius to figure that out. If you have a sanctioned currency you're not sovereign. It doesn't take a phi beta kappa to understand that. We told you the key word was "sovereign". All of a sudden two days later you see it everywhere coming out of Kazemi, from Pence, Trump. Everybody's saying the same word that we gave you as a key word... ...We continue to wait to see if, and when, Iraq will decide to change the value of the IQD... Blessings - RON
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Good Evening Dinar Vets, here's an opinion & comment by Mtn Goat 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 know many of you were very disappointed that the August window did not open up as I expected it might. Trust me, I too am VERY disappointed along with you. I was only relaying to you what my contact in the CBI told me they were targeting, but could not pull it off as planned. Now that they are closer to January (the most opportune time to reinstate) they are just going to wait and ensure everything is set. This gives them 4 more months. But the news this week was all is still very good, and Iraq is moving in the right direction. I can handle it happening in January, but I'm still hoping they surprise us and just do it...RON
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Good Morning Dinar Vets, here's an opinion & comment by Pimpy 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 *** A lot of positive energy coming out of Iraq. They seem to be going everywhere and getting things accomplished...ever since our boy Al-Kazemi has gotten into office Iraq has been really really busy... Article: "The disclosure of 5 type of support that Al-Kazemi obtained during his recent visit to Washington" ...They feel they got a lot of respect from Trump and in fact them acknowledging their government is really key to the growth of Iraq...
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Good Evening Dinar Vets, here's an opinion & comment by Petra that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Petra *** ...nothing starts until that rate changes. All these plans/projects with the IMF, with the World Bank, with the Arab Monetary Fund, with the United States Treasury, with the Fab 4, nothing starts until that rate changes. So right now - it's all talk. We need to see them act...they're meeting with all the right people so that's great progress...they're not discussing peanut butter and jelly sandwiches. They're talking about the future and a rate and programs and those 11 billion dollars in contracts that Kazemi signed over here has got to have performance clauses in it - ie: Timing. And a Rate..! The rate has got to be there. It's got to be at an equitable rate...Obviously a lot has gone on behind the scenes that we were not aware of because they've kept it quite. I'm sure there's a lot more stuff we're going to learn about in the next few days that we have no idea that happened... That's all for today Folks ... Blessings ... RON
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Good Morning Dinar Vets, here's an opinion & comment by MilitiaMan 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: "A leader in victory talks about the reasons behind Washington's keenness to improve the relationship between Baghdad and Erbil" They have an agreement. They are completing automation at the borders and customs ports. They have not paid salaries yet and the Ministry of Finance has said to not yet, as there is equality issues to deal with. They have the newly updated ISO Certificate. Based on best practices and equality. Don't think for a minute this is not all related to economic reforms being implemented... imo
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Good Eening Dinar Vets, here's an opinion & comment by Pimpy 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 *** You hear these stories that the Iraq investment is a scam. Let me just tell you this, I've done a lot of research. I can tell you that the Iraqi dinar has been used as a tool to commit scams. The Iraqi dinar itself is not a scam. You could purchase it and you can sell it. You can use it if you were in Iraq. So no it's not a scam. If it was a scam you wouldn't be able to use the currency at all...
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Good Morning Dinar Vets, here's an opinion & comment by MilitiaMan 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: "Iraqi-American Partnership .. Foreign Experience and Opportunity for Economic Advancement" Quote: "Iraq possesses raw materials that represent a store of raw materials at the level of the globe, indicating that if the American administration can pressure its companies towards investing these raw materials, whether at the level of gas, oil, phosphates or cement, then Iraq can create resources far from Oil and diversifies its economy." Surely we can get the broader picture and put aside that the negativity of this hasn't RI'd yet, to rest. The process is clearly a massive endeavor and now we see evidence of the deals are going to be in RAW MATERIALS... Some very big companies can be attracted by the USA Administration. Getting so very good...imo ...WE shall see how this unfolds. imo
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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 *** Weekend UPDATE...SATURDAY - US troops are withdrawing from a base near Baghdad, the base will be turned back over to Iraqi troops on Sunday. A recent audit reveals 11 billion dinar stolen from last Wednesday's currency auction. Al-Kadhimi is at home today. The violence in Basra is lead by Turkish connections. Supposedly, the Sadr group is threatening Al-Kadhimi since his return from Washington.
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Good Evening Dinar Vets, here's an opinion & comment by Pimpy 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 ***...what was going on during Al-Kazemi's visit here. I can tell you this, the man, the entire time kept stressing the importance that the United States recognized the sovereignty of Iraq. He said it several times. He wasn't just asking he was saying that the United States in order for us to move forward and do deals must recognize that everything we do that Iraq is a sovereign state...He's very impressive... Article quote: "...indicates that the United States supports the current Iraqi government and its national orientations, and affirmed that Iraq is an independent country." In other words recognizing their sovereignty. So Nancy Pelosi put it out there...
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Good Afternoon Dinar Vets, here's an opinion & comment by Mtn Goat 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: "US President Trump meets with Iraq prime minister Al-Kazemi last Thursday. Discussions and agreements went well in all directions." Quote: "A high-ranking official in the US administration in the White House said that our talks with Prime Minister Mustafa Al-Kazemi went well and will help ensure that there is no "malign influence of Iran." US companies to expand into Iraq with billions to help rebuild the war torn country still since 2003." [Comment: Everything is on track, momentum is picking up...] ...you are correct...! *** moving right along...! RON
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Good Evening Dinar Vets, here's an opinion & comment by Jeff 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 *** ...Trump made it very clear we are not removing our troops until we've been paid; which means theoretically...we're not pulling the troops until Iraq has revalued the currency and it has value because we've already been paid in dinar it just doesn't have value. So until it has value we have not been paid...! Go Trump ... Go USA ...
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Good Morning Dinar Vets, here's an opinion & comment by Kaperoni 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 *** Kaperoni *** The four contracts that were signed over the past few days with Iraq are a good start to launching investment and ultimately a private sector but it's up to Iraq since they still have laws to pass as well as creating the conditions for more investors to participate. Wow...something positive from Kapoeroni...good news..!
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Good Morning Dinar Vets, here's an opinion & comment by MilitiaMan 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: "The Central Bank directs banks not to disburse salaries without financial approval" They are holding back because they await the White Papers or notification that they can pay everyone equally. That will require the new rate imo. Hence, the meetings in DC are being said to be very successful and whereby international status is front and center. That must have a rate oriented to the deals. The goal is to complete reforms. That requires Article 8. Well who met with Kahdimi yesterday? Yep. The IMF did. Getting good my friends!! ...imo.
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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 *** CBI IQD Market Rate Update *** On August 17th, the Central Bank of Iraq's officially reported MARKET rate of the Iraqi dinar is now within 2 tenths of a point from compliance with the IMF 2% rule (1213.8). It currently stands at 1214.013. The dinar has been out of compliance since April 21, 2020. This is a 20 point shift from 1234.450 in the market rate within days. It is unknown if this is a blip in the market rate or an upward trend that will continue, since there has been no additional rates posted since the 17th.... *** Jeff ***...the definition of sovereignty is a self governing state...right now the U.S. does not govern Iraq. We were coaching Iraq and we have handcuffs on them preventing them from going International but we do not govern them...they manage their own affairs. Right now they're even making international moves again. They're doing their own thing.
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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 *** ...just because they get their sovereignty recognized and if they get the restrictions removed that does not mean here in the United Stated our banks are going to accept them right away. Hang tight. Nor does that mean you're going to see an instantaneous rate change. But what I think that is, is the first step forward in a positive direction but then shortly after that I hope to see a rate change announcement. That's what I'm looking forward to now.
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Good Morning Dinar Vets, here's an opinion & comment by MilitiaMan that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo..!
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Good Evening Dinar Vets, here's an opinion & comment by Pimpy that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ***...Looks like we are back on the right track especially with Al-Kazemi coming here for the first time in about a week. I'm expecting some decent news. We really do want Iraq to have their sovereignty reinstated. We really want the restrictions removed off the currency and when this happens they most likely could put together an actual budget. One has not been passed but it could be because it's kind of hard to put a budget together if you're not sure about the value of your currency. So let's keep our fingers crossed that we hear some good news...I want to hear the thumbs up from the United Nations...before Al-Kazemi gets here. That's what we are watching for...
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Good Morning Dinar Vets, here's an opinion & comment by Mtn Goat that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat *** Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
