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Showing results for tags 'opinion'.
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Good Afternoon DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** MilitiaMan Article: "The economic crisis" at the table of Al-Kazemi and the World Bank" The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the SDR, the time is now as they put it. The last is based off their words last week real close. Iraq was the stage of some very important meetings and I suspect the members were asked if they were ready to facilitate Iraq into a social market economy. By the sounds of the way the USA and Iraq are mirroring each other financially and politically, shows we are in sync and the time has come to take Iraq in into the international world! Very powerful times we are in and witnessing! Here the...new PM again is hitting the ground running with the World Bank again... Wow... -
Good Afternoon DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** Walkingstick [Q? : Are the auctions back?] The answer is yes. [Q? : Why are the auctions back?] They had to. But just as fast as you saw the auctions return, expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar... For your information: The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index.RON
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Good Morning DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** Pimpy Article: "Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy". Wow...what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq? Yep, you guys are thinking the same thing I am. Change the rate...I'm telling you I've been doing the pee-pee dance a little bit on this. It's a lot of activity. A lot of talk about the economy. I think if Trump really wants to keep Iraq in his good graces as well as the American people he'll just go ahead and change the rate. This will kill three birds with one stone. 1. It will kick-start the economy over here in the United States. 2. It would kick start the economy around the world because so many people hold on to the Iraqi dinar. 3. It would help out the Iraqi people greatly...I like the fact there's a lot of activity going on between Trump, Mike Pompeo, the UN as well as Iraq. This is big... Good Morning Dinar Vets ... Have a Blessed Day ... Ron
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Good Afternoon DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** Pimpy ...all kinds of fun things are happening. One thing I can say about al-Kazemi...this guy is not playing around...he's already snapping his government together, and he's still pushing for the remainder of the cabinet positions to be filled...I have a hunch these will be filled all within the next two weeks...I see a couple of deep articles that went on to say this guy is making a major push, and he's pushing out all the Iranian puppets... Let's hope that al-Kazemi not only gets rid of the Iranian puppets in the country, but also in Parliament. The latter might be a bit more difficult since they are elected officials. Blessings....Ron
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Good Evening, DV, here's another opinion & comment from another member of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinion based on what seems to be happening in Iraq. RON **** MilitiaMan Article quote: "...the Prime Minister and the First Deputy Speaker of Parliament are quick to remedy the problem and it will be solved very soon and will not be prolonged until tomorrow, Sunday..." ...we can see the pressure mounting and if they are going to go digital and have the platform to do so ready behind the scenes we may be in for a very big surprise. The salaries need to get paid and the demonstrations suggest the heat is on and the heat is going to increase too! They suggest they payments will not be prolonged past, or to, tomorrow. Not sure If that is an indicator or not, but it sure looks like one..!! I'm not sure either If that is an indicator or not, but it sure looks like one to me as well..!! Here's hoping something very positive happens soon..! Ron
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Good Morning DV, here's a post of Adam's that was taken from another site who follows Adam's Opinions and then posts snippets from them. In case you missed it, this was taken from his most recent Chat which can be viewed in it's entirety at: Adam Montana Weekly 29 April 2020 *** Adam Montana [Q? : How will the the Iranians benefit from an Iraqi re-evaluation of their currency? Does the Iranians have stock piles of Iraq currency? And because of the Iranians having tons of Iraqi dinar will this prevent Iraq from re evaluating their currency?] Iran is a major factor in the current price of the Iraqi Dinar, I don't think anyone will disagree with that. I'm certain they do have a large amount of Iraqi Dinar, just like many other nations (including the US). And when this is actually "done", it may be that Iran and Iraq are at major odds, even flat out war, as a result of it all when we reach the next stage. The Middle East will always be at war... To answer your final question - and probably the most important one in the post - I don't believe that Iran's possession of Iraqi Dinar will prevent Iraq from raising the value. It may impact the "how", but not the "if". *** Dinar News Update *** The CBI is reporting a change in the official market rate for the dinar! This could be significant. As you know, after a few weeks hiatus, the CBI began to update the dinar market rate this week. It's been out of compliance with the IMF 2% rule on these updates. Thursday's CBI market rate update is for April 27th - it's showing a significant point change to 1124 (most likely a typo .. probably 1224). This is a Stronger Rate than the official CBI rate of 1190 (remember we do want these numbers to go down, NOT up). See the Official CBI Market Rates below. Monthly Average is 1207.4 which is within the 2%a compliance. Ron IQD Official Marlet Rates for April 4/21 1235 4/22 1230 4/23 1225 4/24 --- 4/25 --- 4/26 1223 4/27 1124 *** this is an obvious typo it's probably 1224 4/28 --- 4/29 --- 4/30 --- Avg 1207.400
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3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% totally against Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
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3-9-2020 Newshound Guru Breitling ...the coronavirus...I've literally had people go nuts on me...here's the thing, it's completely opposite. The markets are driving oil prices down. The demand for oil is going down. Therefore Iraq is not bringing in enough U.S. Dollars to cover their budget, and the solution is to add value to their own currency which is undervalued anyways. What do you think the coronavirus is gonna do? Do you think it's going to stop that or accelerate that? ...the reality for Iraq, if it puts pressure on their economy, then it's going to lead to our advantage. They need to add value to their currency to make up for what's being lost market wise...
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3-4-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation..." Where does Iraq go from here? Will the UN step in and take over? Probably not...I don’t think Iraq is at this point yet. They are still within their democratic government. Can the UN legally put in place a provisional government to run Iraq in the meantime. No, they cannot do this. How much longer can this go on before Iraqi economy really tanks? If they do not get the budget approved they can not go ahead with any of the projects they had planned for 2020. This new year is quickly slipping by. The economy too is stagnating and inflation could set in. Will us investors have to wait yet another year to 2021 to see the RV? This may very well be the case. It appears they just paid the Kurds their salaries. This is not in our favor and shows they already are using the 1/12 rule of the budget...
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2-20-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new project" [Q? : How can there be an RI when there is such a large deficit and no new projects?] I think they are about to change things, as this suggests they have the 2019 budget which, imo would reflect the FML amendment that will facilitate the new rate we expect to precede the 2020... Thus, they seem to know already that there is a big change coming...imo ! This is a good one!! ~ imo.
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1-13-2020 Intel/Newshound Guru sandyf [Q? : Trump said: "We have a lot of their money. There is $35 billion in an account." Guru chattels quote: "My read/take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account."] You are quite right, the accounts show investments held by the CBI in foreign banks, these investments would not be IQD but local currency. Figures are from 2018 accounts and in millions of IQD, so assets to the value of approx 38T IQD in the Bank of New York. I wonder where exactly he/she got this information...because, why would any foreign country want to have their money in a US bank in US$..? It would seem that there would need to be a reason why an account of such value would even be opened, and if it were, it would make more sense to hold the sovereign currency of that country. JMHO..! RON
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1-11-2020 *** Dinar News Flash *** For the second time in a week President Trump speaks about Iraq. In last night's interview President Trump was asked, "Do you think Iraq should repay the American taxpayers for these bases...for what we've done there?" His answer was very surprising. President Trump revealed how much of Iraq's money the U.S. holds in an account. You can watch the interview below...the question begins at the 14:22 mark. 1-11-2020 Newshound Guru Jeff ...they keep telling you a lot of post rate change items are inside the 2020 budget which links the 2020 budget to the rate change. Now I want to stress to you budgets do not contain rates...they're linked to the rate. The difference is if the 2020 budget was calculated at the old value it's calculated in trillions of dinar. If the 2020 budget was calculated at the rate change it would be calculated in billions of dinar hence the deletion of the zeros transitioning from trillions to billions... 1-11-2020 Intel Guru Delta ...there is something I'd like to clear up here. It's not the one or two days that they [ the CBI] is out of compliance [With the IMF 2% rule] that's a big deal and they have to start from scratch. They [the IMF] go by monthly average. So the monthly average has to be no more than 1213 [Market rate]. That's about the 2% compliance with 1190 [Official Rate]... [ 1-11-2020 Intel Guru Frank26 ...[Guru] Walkingstick's banks are obeying the CBI and they're going to turn in all the 3 zeros [notes] they've got and they are going to get back the equivalent but not in new small category notes because they've already been delivered... 1-11-2020 Newshound Guru chattels While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions.
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12-26-2019 Newshound Guru Sampson Trade Bank of Iraq - 26th December, 2019 We would like to inform our valued customers...External ATM machines across all our branches and located in the commercial areas are also working continuously, and will not be stopped from the end of the year for annual inventory and you can withdraw your salaries through them.
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12-19-2019 Intel Guru Frank26 ...IMO a rate and a date for that budget has been given. IMO it started with the receipt to receive the new small category notes and then they got a schedule with the dates. The dates IMO talked about the monetary reform. They also talked about where the rate will be used. In another place would be the budget...The budget and the reinstatement have been established. Tested. Recalculated. Ready to come...'We've been ordered to lift the 3 zeros and add value to our currency'...
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12-15-2019 Newshound Guru Jeff Here's my option on the demonstrations. Yes they're gonna continue. At least right now they're not out of control and they're not tearing the place apart...the government was only able to offer back roughly two items without having the rate change...Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget...the 2020 budget is married to the rate change. They can't implement any of those additional items which are demonstrator demands until that rate changes...here's the good news about this...we know that more time is needed to finish setting the stage for the rate change...but they can't wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can't wait 6 to 8 months...so that's good having that lurking in the background...
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12-11-2019 Newshound Guru Adam Montana WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! [LOL] This was posted on another site that follows Adam's opinions. Adam's full Chat can be found here on DV's Chat Logs Forum @ Adam Montana Weekly 11 December 2019
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12-10-2019 Intel Guru Delta ...I believe this week or next week we should see an announcement coming up from the Central Bank of Iraq. This is going to be a big thing because the Committee of Financial Operations they're ready...they're lining up everything... If only this were true, but it's just an opinion..!
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12-3-2019 Newshound Guru Kaperoni So the protestors wanted PM Mahdi to resign...which he did, but the result will cause delays in reforms. New formation of GOI will take at least a few months, delays in passing laws also. The end result is a 6 month to 1 year delay in my opinion of implimenting economic reforms and creating a private sector. And as usual, parliament loves to have a distraction rather than focus on what they should be doing...which is passing laws...the facts don't lie. Until the laws are passed and stability exists nobody is coming to invest. And until they have significant investment, the CBI will not begin currency reform.
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11-27-2019 Newshound/Intel Guru Mnt Goat We now approach January again. Is Iraq going to be ready? We know that the demonstrators want the HCL payments promised them. Remember this was delayed from September 2018 until January 2019 and then the RV did not happen and so no HCL payments happened...Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. They are waiting for the demonstrators to settle down. Even then I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
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Taken from another site that follows and posts Adam's opinions: 11-25-2019 Newshound Guru Adam Montana When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly...I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week!...
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11-24-2019 Intel Guru Frank26 Trump sent Pence to Iraq Saturday... You will find out soon who else he sent...I don’t believe there are coincidences... I believe timing is everything and there is a “time” scheduled” for them to do this.
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11-19-2019 Newshound/Intel Guru Mnt Goat ...Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? ...if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean "reinstatement" time...finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let's see what happens...(post 1 of 2)... This article was posted in Sunday Midight from a Saturday article in Iraq - Article: "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" - Mtn Goat is referring to this in her post above and she states we are to wait and see what happens. Well, The CBI held auctions Sunday, Monday, ans a Double auction on Tuesday - all high total sales (199,713,022 - 247,900,733 - 265,804,308 - 258,026,494). It doesn't appear they have stopped anything, unless these are the last auctions to try to keep the Market rate within the 2%, but I don't see how this would do that. RON 11-19-2019 Newshound/Intel Guru Mnt Goat ...We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh - boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st... The first quarter of their fiscal year is the BEST time to reinstate the currency. ...looks like our early January 2020 date creeps up again. ...I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride...(post 2 of 2)...
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11-14-2019 Intel Guru Frank26 There are meetings going on and they’re very powerful meetings and they’re continuous meetings and they are the right meetings. The IMF, US Treasury and the CBI are in constant communication within the last few days. They have small delegations that represent both sides, talk, and then they meet again…the links are all meeting up very nicely…it’s a constant thing we’ve been seeing over the last few days… 11-14-2019 Newshound/Intel Guru RVAlready IMO, CBI needs to implement the RV and stop the auctions right away. Then they can hold elections and replace the corrupt.
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11-13-2019 Newshound Guru Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
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11-4-2019 Newshound Guru MilitiaMan Article: "Exchange rate stability" They are telling the world...that they have achieved monetary stability for foreign investors while suggesting they'll have a fixed exchange rate. One that will be supported and with little fluctuation. A stable environment in a narrow range of speculation, allows for an attractive environment for foreign investment!! Just what imo has been expected by foreign investors for almost tens of years or more, therefore, a strong rate means out of the gate to be good one. imo. They have stated the Glory Days is a potential goal of theirs...I don't doubt that the "longer we have had to wait, the more money we will make." (big smile)
