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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 *** Footforward [Q? : It feels very close to me. But after 10 years I’m cautious...does it feel close to you?] I've been saying for some time I feel this is the time and season. So much is coming together now. *** Frank26 ...the closing of the auctions was amazing - powerful for our investment...the closing of the federal reserves was the same thing... *** Jeff Last Friday...I said Iraq most likely
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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 *** Adam Montana *** Things are still cruising along nicely. In addition to everything else I could share, I decided to just pick one topic... OIL. The HCL, or "Hydro Carbon Law", is a key element in Iraq's eventual ReValuation of their currency exchange rate. In simple terms ... when they finalize the agreement on how the profits will be shared, via the HCL, we are either past the RV date or it's a different kind of "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 *** Jeff *** Article: "Representative economic: The conditions are ready to adjust the exchange rate and the oil barrel in the budget" This is a great article...Iraq hasn't revealed the true price of oil to you nor have they shown you the true dinar amount contained in that budget...They're hiding those numbers and figures from you so you cannot see that this budget is linked to the rate change...we're in a great position
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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 ***...the rate's gonna do nothing but keep going [up]...it's up to you if you want to rush to exchange it. I'm not. I will not be rushing to exchange my currency. I'm gonna take my sweet time. There's no reason to rush this. It's a once-in-a-lifetime opportunity... *** Frank26 *** Article: "The International Monetary reveals the conditions or granting loans and confirms its support for the white paper a
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Saturday Early Afternoon Opinions @ 1:45 PM CST - 3/06/2021
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. RON *** Pimpy *** Here's a biggie. Article: "Oil prices jump 5% ... Brent is above $67" ...Spring isn't even here yet, we're already at $67...when it comes to the currency obviously if you budget for $45 a barrel and your entire budget's based on that assumption and it's much higher you get much more higher revenue which allows for the deficit to get paid off quicker, allows for a lot more money to be used to build up the priva -
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 *** People are asking me about the rate... Nobody knows...It's all speculation. I know people like to equivocal what happened over there in Kuwait with Iraq...There's huge differences...One is the length of time in-between when Kuwait devalued their currency to when it was revalued...Also the amount of Iraqi dinar...out in circulation is way bigger than what was going on over there in Kuwait. Having said
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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 *** One thing that my long timers will remember...every time we get close to a potential time period where the rate was where we thought the rate might change we've always see articles talking about a large basket of suspended laws - the Federal Court Law, Article 140, HCL and so forth. These basket of suspended laws are simply waiting on the rate change. They just keep kicking this basket down the road because t
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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 *** This [Recently discussed tweet from the Iraqi Government] is old. These were the words of the Finance Minister before the rate change happened {When they devalued in December}. There's no date on this tweet...I'm pretty sure this is something that was said sometime in December or at least it was said in an article before the rate change happened when they first were talking about the White Paper reforms.
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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 *** Footforward *** [Q? : ...Is there reason to not exchange all your currency? If we hold some back will we be able to exchange later?] Some people feel it will go higher over time. I think they'll give us 30-45 days to exchange our notes. I'm not waiting. With stock markets and crypto markets down, there is a lot more money to be made then your would make for just waiting for a higher rate. Sometimes you need to leave a
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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 *** [There was a Question about the Vietnam Dong] ...The Vietnamese dong is no longer under the thumb of China. China would tell Vietnam you can't do this. You can't export that. Gotta do this, that. Now Vietnam is exploding. Their GDP, economy is exploding. There's not much China can do about it and the reason why is China is going digitally with their currency and so is Vietnam. China is about to let go
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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 *** Adam Montana *** ...I know it can be a bit painful to try to decipher the articles, so I'll give you the elevator summary: Things are going well. There is a current discussion on "raising the price of the dollar", which would be bad for Dinar, and the overall sentiment is that they publicly do NOT want to "raise the price of the dollar". (That's a good thing for us!) Part of the reason is due to the current favorable p
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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*** Article: "LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS" Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need now to set standards of how they will exchange these not so good notes. After all this was part of the point of devaluing the dinar in the first place. They needed to g
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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 *** Adam Montana *** ...In GOI news, Iraq is muddling through the final stages of the Budget. We don't need the Budget to be complete before an RV, but a "happy agreement" between the Kurds and Baghdad will do a lot to grease the wheels...This was taken from a site that follows Adam's opinions and posts snippets from them. See his whole chat @ Adam Montana Feb 28 2021 *** Jeff *** Iraq is completely on par with K
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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: "Zafer Al-Ani: Parliament Will Continue Its Sessions Until The Budget Is Approved" Quote: "the budget has reached its final stages, leaving nothing but the announcement of the agreement with the Kurdistan region regarding the percentage determined for it in the budget and other matters that will be completed within the next few days." Well well well. They are continuing the session tomorrow. The
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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 *** Question: "How will the Iraqi people prosper from or benefit from the rate change?" ...it gives the Iraqi citizens and the Government of Iraq purchasing power...there's only one way for Iraqi citizens to get rich. They have to keep and exchange the 3 zero notes after the rate change... *** Adam Montana ***...I'm still in daily communications with all of my dinar contacts. I still get my usual brief
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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 *** Article: "OIL REVIEWS THE FINAL VERSION OF THE DRAFT FEDERAL OIL AND GAS LAW '" ...every time Iraq gets close to a revaluation the oil and gas and the article 140 laws comes up in the news. They talk about completing it and how close they are to passing it as law. Coincidence? I don’t think so. ...they need to fully address their new constitution before they can reinstate their currency back to normalcy. Th
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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 *** They will not be going into a market economy with a devalued currency at 1460... The new exchange rate will need to be applied... One that is the strongest in the region will do it... imo... Setting a new exchange rate is exactly right. It is part of the plan! Has been for years, and it is sure welcomed now... *** Frank26 *** Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th
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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 *** The news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like t
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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 Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure." Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday
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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 *** Article: "KHAS...AL-RAFIDAIN BANK (LARGEST IRAQI BANK) LEAVES ARTICLE SEVENTH" many gurus are confused over this article. We are really taking about Chapter 7 not article 7. Currently the CBI is operating under article 14 and needs to move to and thus operate under article 8 of the IMF charter. Article 8 in “normalcy” for monetary policy. This is where most countries now reside in dealing with the IMF 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. RON *** MilitiaMan *** I don't believe they'll go out and float it [the dinar] this early on [after rate change]. If they stick to having it fixed going into the future it will help contain the inflation... *** Jeff *** They [Iraq] are gonna have two sets of notes in circulation. They're gonna have large notes and small notes...two sets of notes will coexist together utilizing the same exchange rate...this is just a
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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 *** ...I think the endgame is near. I think we've got a convergence...I'm very excited by what we're seeing... *** Mnt Goat *** Yes, there is hope for an RV sooner than later but the Iraqi 2021-2022 budget will have to be passed first and that is not even scheduled to later this week... *** Frank26 *** There is a new mechanism that's being applied...this week there was a big campaign jus
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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 *** ...there is still much hope to see the reinstatement sooner than later. Yes, we may not have to wait until 2022. There is so much pressure to delete the zeros and raise the rate to be competitive to the US dollar and re-peg the dinar. *** BobTheTaxMan *** We've had a change in our presidential administration. And yes we've seen already him step forward and make some pretty drastic changes...one o
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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: "Mazhar Salih: Iraq is on the brink of economic recovery" Yeah, just that quick. Magically what are we seven weeks into the year - we went from having huge deficits to now we're already in the recovery? ...it's almost already close enough to start slowly but surely rising the value of the dinar to its true value. That's just my opinion... *** Footforward I'm happy to exchange all of
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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 Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation" Quote: "Without disclosing the purpose of the visit, which had not been announced previously." [Perhaps they are there as part of the launch of the new electronic payment system (QFS). BTW, set for launch today...] Perhaps...I would say your spot on. Things of this nature are not by coincidence, they are
