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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. RON ** Breitling ** Until they start passing laws the White Paper means nothing. That's number one. Number two is Iraq doesn't need to pass any more laws for them to add value to their currency. What they need to do is just make sure they understand what the markets are as far as oil prices/futures are, be able to pay off their debt and then have enough information to add value to their currency...but economic reforms and stuff like that they don't need in order to add value to their currency.
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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. RON ** Frank26 ** When they introduce the new exchange rate and when they introduce the new small category notes they are preparing the money exchangers in Iraq to do away with the black market...basically to do away with Iran...who owns the money exchangers in Iraq? Iran! Every money exchanger is literally sponsored by a parliamentary agent...they're getting rid of the profiteering...I love what I'm seeing! There's so much authority. So much sovereignty. So much control. So much security. So much stability. So much value coming soon..! Have a Happy Sunday Everyone ... Blessings ... RON
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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. RON *** Mnt Goat *** ...Kazemi is not going to Washington DC for the RV. ...The RV is between the CBI and the IMF. If anything related, he will go ask for relief from OFAC sanctions that the CBI needs lifted in order to reinstate the dinar. Then they can start the process of deleting the zeros, which we know leads to the reinstatement, and thus us going to the bank..!
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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. RON *** Mnt Goat *** Two more great articles came out this period about the project to delete the zeros...we all should know that it is the project to delete the zeros that will eventually get us the reinstatement of the Iraqi dinar back on FOREX sooner than later. This is when we go to the bank...Just the fact that they are and have been openly debating this issue of when to perform this project is very, very good...the country is in a much better situation now then back in 2013...One thing I can assure everyone...is that do NOT expect the revaluation or the reinstatement any time in the next period unless we witness the project to delete the zeros...the reinstatement goes hand in hand with the project to delete the zeros...these two reforms must go closely together...
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*** Mnt Goat *** Article: "FLOATING THE CURRENCY AND RENTIERISM CONFUSE THE IRAQI ECONOMY" We all should know by now they will NEVER float the dinar on the program rate which would be just inside Iraq. The IMF plans to float the dinar only once they liberalize it and reinstate it...I believe that this article is not just coincidental but purposefully given to educate the citizens on what they will plan to do soon.
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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. RON *** Kaperoni *** ...'program rate' again. That is a made-up term that is misconstrued from the IMF Article IV Consultations. The exchange rate of the dinar is the exchange rate. It is not a program rate. ... Mtn Goat thinks Iraq cannot float the currency from a 'program rate.'...If and when the dinar floats, it will float from the rate it is at the time. That's all for today folks...Blessings...RON
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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. RON *** Petra *** It's very clear to me the progress has been absolutely phenomenal. If you were to put on a chart the amount of conversation that has gone from the CBI...the last two weeks have been off the charts. And the right people are talking. Basically setting the stage...there is clear evidence that a campaign has been going on now for a little over a week, maybe longer. It's talking to the citizens about what is coming...they have carefully and clearly and strategically been letting out information...IMO they are executing on a very tight plan.
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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. RON *** Walkingstick *** There are many roads IMO that will cross on the 28th of this month - with World Banks, with the CBI...the CBI is now talking/giving speeches about lifting of the three zeros...they ain't coming out and talking to you plainly by saying 'oh yeah, we're going to add value. Oh yeah, we need to lift the value against the dollar.' No They're talking point blank...the governor's speeches have been on 'lifting the 3 zeros' not 'changing the exchange rate'. That was the theme from parliament. They are not going to change the exchange rate. That is not the 'mechanism' of the CBI. They told you countless times that they will remove zeros from the exchange rate...
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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. RON *** Frank26 *** A powerful article came out on the 20th...the article is flat out telling you, we now have security inside of Iraq and we now have stability in our currency. You're about to see something very soon IMO... On December 20th they approved everything...and exactly 6 months later right on target on the 20th of June they start to tell you everything we told you they were going to tell you and even more...
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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. RON *** Pimpy Article: "Al-Kazemi's financial advisor: Deleting three zeros from the currency is an option" Every six months or so this gets brought up and everybody gets in panic mode...he didn't say they're gonna do it. It's an option. They did 5 years worth of study. You know what they found out? It's not doable. It affects the poor too much...they already devalued the currency, now you're talking about lopping off the zeros? So 10,000 dinars becomes 10 dinars...lopping the zeros off the currency -bad. Removing it off the rate - good...if they lop off the zeros people would lose confidence in their currency. You would get pissed off people from countries all over who have invested into the currency...(Post 1 of 2).. *** Pimpy Look they talk about this all the time. People always get their panties in a wad. They talk about this but there's already been a ton of studies that say this would be big. This would be bigger than when they devalued the currency in the first place. Are they going to do it? There's no way to tell. Most likely not. That doesn't mean I'm right. It's my opinion...this would be yet another huge blow to the currency itself. People would lose faith in it...they bring this up at least once every six months...everybody goes up in in arms. Everybody panics...watch what they do, not what they say...(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. RON *** Pimpy *** Article: "The dollar exchange rates fell in Baghdad and the Kurdistan Region" What does this mean? Remember I always told you guys, think about the direction the dinar is going in. That's how you know if it's good or bad. It says the dollar exchange rates fall in Baghdad (And in Kurdistan ). That's a good thing when the dollar exchange rate, not the dinar, fall...that's what you want to see happen...the number of dinars you get for the U.S. dollar you want that to go down. The lower it goes the better it is for those holding onto dinar...you don't want it to go up, you want it to go down. If the numbers go up, it means it's being devalued...
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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. RON *** Petra *** We've got nothing to share. Nothing going on. It's kinda boring. NOT! ...The Group of Seven [G7]...it made a very clear statement. It said that the G7 supports the sovereignty and independence of Iraq. That's the largest, financially most profitable countries in the world recognizing the sovereignty and independence of Iraq. That to me is a very clear clear statement of how they feel and where they feel Iraq is at...
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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. RON *** Pimpy *** Article: "Parliament hosts the governor of the central and the Finance Committee talks about sales in violation of the dollar and beneficiary parties" Here we go. We're starting to get into investigations regarding the exchange rate...this is the people's money - what the hell are you guys doing with 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. RON *** MilitiaMan *** Why is the world Bank so giving now..? [Article Quote] "With regard to the role of the World Bank in improving Iraq’s economy, Numan stated that “the Bank is working with the Government of Iraq to implement the reform items that it has drawn up, and we are working through all our projects to approach the economic crises that we have previously identified, and all the projects we undertake are within the framework of supporting the paper White reform. He pointed out that "Iraq has drawn up a policy to improve the country's economic reality by adhering to the reform white paper approved by the Council of Ministers, and work has begun to implement its contents."… There you go. They are implementing the WPs [White Papers]…
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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. RON *** Mnt Goat *** We must all remember that the original reason why they changed out the Saddam notes for the larger 3 zero notes was to combat massive inflation and stabilize the economy. In 2003 it was on the brink of crashing. So now how does it look after almost 17 years of the larger three zero notes? Is it much better than in 2003? Okay so if you are really a student of Iraqi politics and finance you will learn that it does not have to be much better, only stable. Stable you say? How can the dinar be stable with the rate changing so much and being devalued? So maybe the time have come now to release the lower denominations as the three zero notes have out lived their original purpose? But to turn the currency back on, they will still need the oil and gas law.
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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. RON *** Frank26 *** Article: "Specialized Banks" Quote: "Now that we are moving completely towards the capitalist market economy system..." Capitalist market economy! That's freedom. My money is free to move in your country? That's Article VIII! Somebody ring a bell! Ding, Ding, Ding, Ding! Thank you...this is powerful. This is Article VIII.
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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. RON *** Jeff *** Article: "Talabani meets Al-Kazemi and asks him to adopt the latest agreement to solve the problems" This is in regard to the implementation of Iraq's budget. They want everything done and happening per Iraq's constitution. They [Iraq] want Kurdistan to send their oil money and oil to Baghdad and then they [Kurds] want Baghdad to send their portion of the '21 budget to them...both parties have said that they're ready to do it. They're talked about maybe doing those steps this week... Article: "Oil and Gas Law" The oil and gas law is post rate change. This article came out yesterday (6/6/21). We are getting these types of articles every week...
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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. RON *** Pimpy *** Rumors...you guys need to be careful...yes I heard all the rumors. I heard about the rate change. It's not true. No rate changes are taking place...we know there's a lot of talk about the rate change. There's a group of people saying that this [devaluation] should not have been done...it was done illegally and there's a lot of talk about it being fixed. I do think it's going to be fixed. I do think it's going to change. I really do. But not anytime in the immediate future. But I do think it's going to happen sometime this year. It just depends on what's going on with these protesters and the civil unrest...
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*** BobbyC *** [reference NORV post 5-26-2021 Wed Midnight Opinions] I get the fact that they are not ready. Some say that if they were going to re denominate, why not just do it. Reasoning is they still have to have a monetary and economic policy that supports such a move. Monetary wise ya have to look at the weakness of the Banking Sector and amount of currency in and out of those Banks. Economy wise look at the dependency on oil revenue and no economic growth. So if they were to place the IQD as a currency reserve why a Peg? Now could they Float once they see stability within the exchange rate? Of course they could, countries do it all the time. Both the CBI and the IMF have stated a Peg to the USD is working and in my opinion, will work if and when the IQD becomes a reserve currency. Now...does it really matter if they Float or Peg once they become a reserve currency? No. Once that happens we will see 2 options in front of us and our decision will be made. A re denomination, or...a gradual increase...
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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. RON *** MilitiaMan *** Article: "Kurdish parliamentarian: The region’s delegation will not sign any agreement with Baghdad" Quote: "... Kurdistan Regional Parliament, Diyari Anwar, ruled out the signing of an agreement between the next Kurdish delegation to Baghdad and the federal government regarding oil...." ...Why visit Baghdad for a formal visit if not for the HCL? Maybe because they are to come for a photo op, as the HCL has been sorted already (Feb 24, 2021) and now they may have the mechanism for it. imo... To the latter, it would be a formality. imo. KEep in mind the new system has corruption under control once they interlink with the mechanism going forward, imo..
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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. RON *** MilitiaMan *** Article: "The Dutch Disease and Iraq's Foreign Exchange Rate" Quote: "Had the dinar exchange rate been determined...the rate would have been much higher because of international demand for its oil." This article tells us/me...they can and could support an exchange rate for our benefit and one that would benefit the citizens and bring purchasing power..! Quote: "therefore, it's high time now to adopt a flexible exchange rate..." All the things we are seeing now points to the digital transformation and going to a less cash society with purchasing power is coming to 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. RON *** Walkingstick *** Question: [How does a central bank know when their exchange currency rate needs adjusting?] They know it because a central bank monitors its exchange rate on a daily basis. This bull ka-ka that's coming out of Iraq 'We're going to study it for the next 4 years' No central bank studies any exchange rate for no futuristic 4 year projects...every central bank on this planet earth has to intercede on its exchange rate when necessary. By pumping in currency into their markets or taking out currency out of their markets... I left out a lot of the nonsense rumors promising this weekend or next week...Ron
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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. RON *** Petra *** Just think thru why ISX is closed for an extended period, and today, the currency traders stopped trading because they know what’s coming and don’t want to get stuck on the wrong side of the equation. It was in a Post yesterday..!!! IMO...
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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. RON *** BobbyC *** If those HD's...(250 to the 50K notes)... are kept in the market, along with the supposed LD's of IQD, let's say 1 to 50, it would be mass confusion... My thinking is Iraq will re-denominate before new LD's are issued. Gives weight to Iraq wanting to go from Trillions to Billions... Food for thought...! Good Night Everyone...! RON
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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. RON *** Petra *** Article: "Saudi companies prepare to launch giant investments soon in Iraq " [...The Saudi's don't play games and have little tolerance "postponement and delay tactics" if your not ready to do business they don't stick around. The fact that they seem to be moving forward with investment projects (according to this article anyway) again I find encouraging...] Correct...Looks like they may get the first dance card with the queen of the Ball..! Please Note that: Friday Night Opinions @ 8:05 PM CDT - 5/15/2021 is really Saturday Night @ 8:05 PM
