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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 Pimpy We know that the Iraq dinar is much more valuable currency, how much of an impact it's [The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] going to have on Iraqi dinar remains to be seen. Like I said I don't want to promise anything but I think then we could see some much bigger jumps in the value if outside investors start coming in because the authorization has been reversed, if these restriction are removed off the Iraqi dinar then we can see some huge jumps. Kaperoni Pimpy thinks sanctions are what are excluding Iraq from access to the international financial system...Wrong! There's nothing holding Iraq back from engaging with the world financial system other than Iraq themselves. Militia Man There's a total shift and a move to expose Iraq. What are they doing? They're creating confidence. They're going to create liquidity...Iraq is gearing for a global financial system mechanism that's gonna provide liquidity to the world. Ingram Article: "Summary of Iraqi Prime Minister's Schedule at the UN General Assembly September 2023". The Prime Minister of Iraq addressed the UN General Assembly this past week in New York City...He had a one-on-one meeting with US Secretary of State...He also met with US companies on Thursday...In his speech to the general assembly, he said the country has become a safe environment for investors focusing on eradicating corruption and is committed to international law...The PM told the general assembly everything they wanted to hear. He called Iraq a key player in the global marketplace and said other countries cannot use Iraq as a central point to hurt either Iran or Turkey. MarkZ Article: “Iraq’s Prime Minister talks to CNN about the future of his country’s relationship with the US” So they are starting to cover stories like this even in the MSM. This is showing Iraq is coming to the world stage. Babysmom IT DOES NOT HAVE TO HAPPEN ON A WEEKEND THE GOAL IS FOR IT TO HAPPEN WHEN OUR MARKET IS CLOSED AND THE IRAQ BANKS ARE CLOSED...KUWAIT HAPPENED ON A SUNDAY AND IT WAS REPORTED MONDAY IN THE NEW YORK TIMES. Pimpy We know they've been working on reforming their banking system so it could work with international financial system. If they de-dollarize, get rid of the capital controls and they can have access to international financial systems, outside investors would come from all over to invest in Iraq. You could see the Iraqi dinar jump up pretty good.
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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 Nader From The Mid East My boss [Prime Minister Sudani] back home let see what his decisions Militia Man They're really serious about this investing aspect of Iraq...The meeting with the US Secretary of State discussed the activation of the Strategic Framework Agreement, the entry of American companies and the resumption of oil exports through the Turkish port...They're going to help Iraq to be supportive of their currency and the value of that currency because all the income streams are going to be able to support Iraq to get investment projects done...
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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: "The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq" jssmi765 As I was looking through all my old Dinar related documents, I came across one from 2012 which listed all the things that needed to take place for the RV to happen. Interestingly, it is only within the last few of weeks/days that everything that was listed has finally been completed...I also found an old document from 2011 which was a Q & A with someone at Treasury who was one of the original planners of the RV. It was the reason I became a true believer back in the day...This is real, people...It's 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 Iraq has been in the UN in New York since the 18th...doing things like The Path of Development which is going to shape the face of Iraq's county in the next stage...It's going to be a post oil era...their path to prosperity and growth...Sudani coming to New York is an instrumental step and we'll see if that is THE step that is going to be the beginning... Pimpy Things are starting to look up, this is awesome...Prosperity is definitely on its way to Iraq. I'm pretty sure I know what's on everybody's mind - When will the dinar change? I get it why people are excited but things have to be implemented. They have to be already in play before you start to see some changes happening.
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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 Pimpy The last sanction is limited access to international financial system. Iraq has been excluded from the global financial system due to US sanctions which has limited its ability to access international markets and made it difficult for foreign investors to participate in their country's economy. With the reveals of this authorization - [Article: The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] this can all change. You might see a pretty big jump in the Iraqi dinar. I don't want to promise anything and don't want to blow smoke up people's butt but it has the potential to have a really big positive impact on the Iraqi 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 Angel1 Here's why I am extremely excited and fired up. I got a very special call...and here is what I was told. The CBI has begun the rollout. The CBI's teams have been activated, assigned and started working on Wednesday. So it has begun...We'll see some education. We'll see people getting in place. It has begun...Here's how I see it going. Sunday there will be approvals made. Monday it'll be pushed through parliament and next week should be very very exciting...I would be shocked if there is not a rate change by the end of September. Shocked. Shocked. Shocked. Sandy Ingram The Iraq prime minister discussed the cooperation between financial institutions in Iraq and the US Treasury Department with the US Assistant of the Secretary of the Treasury Department, Elizabeth Rosenberg. The meeting addressed measures the Iraqi government took to reduce corruption. The Prim Minister indicated the government is advancing the banking sector reforms which are crucial for the economy's growth by adhering to international standards... Rosenberg applauded the Iraqi government's outstanding efforts in implementing financial and banking reforms which would support Iraq's attempts to...expand its economy. Frank26 You have Iraq, Iran, the CBI official, US Treasury all in one room that doesn't make any sense unless you have have interest in changing the exchange rate and adding value to the Iraqi currency because there's security and stability in Iraq and it's all because Iran finally conceded, 'we give up'. MarkZ Question: Do we know why Iraqi delegates are coming to DC on Sun-Tues?? Mark: I believe it is for an announcement that will make us all very happy. At least we sure hope so.
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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 Pimpy We have gas approaching $6 in California. I think oil per barrel is above $95...I knew once Joe Biden used all of our oil reserves to try to hold prices down...this was going to happen. It was easy to predict. But on the plus side, the fact oil per barrel is above $95 this helps Iraq as long as they stay above the projected amount. Frank26 Question: "Do you think the VND will be close in value to the dinar...?" Not close to the same value, no. The Middle East has incredible power through their resources...If I was to see the Vietnamese currency go up in value I would see their exchange rate going up...to $0.05 to $0.10. You may say, 'What? That's it?' If you have some of their money that's a major windfall. They could take it up more. Vietnam is slowly growing up. They're getting some feathers on those wings, but I don't think they'll ever leave the nest of China... Clare Article: "House Foreign Affairs Committee will hold a hearing next week on repealing the law that made the 2003 Iraq invasion possible" Quote: "The hearing, scheduled for 10 am next Thursday, is expected to address both the repeal of the 2002 authorization of the use of military force (AUMF) against Iraq and the replacement of the 2001 AUMF, according to one person familiar with the planning."
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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 Sandy Ingram Today is my last day of travel...As usual I'm traveling with only thirty thousand Iraqi dinar. I take the IQD with me everywhere I go, because it could increase in value at any time. Suzie So far Suldani has not addressed anything pertaining to monetary reform in his talks at the UN, perhaps that will come later or in "private" meetings with the UST. Walkingstick [Iraqi Banking friend Aki update] The ATMs are ready to go with the 'new currency'. The CBI was talking with the private banks on when to bring them online. No date was given at the meeting. But they will be notified when to bring these new ATMs online... MarkZ There is an Article out that has people panicked today…”Parliament sets 3 months to restore the exchange rate of the dollar to the official rate” Do not panic about this. We saw similar articles come out of Kuwait just before they RV’d…an article came out saying they were not going to RV for at least 6 months…then bam…they did it that same day…. They are clouding it…and clouding it on purpose. Kaperoni Bruce says the Iraqi oil and gas law or hydrocarbon law has been passed and they're starting to disperse money to the Iraqi people. That's Absolutely bullshit! Parliament has not passed a HCL law. Pimpy Potential good news for Iraq that could affect the Iraqi dinar...to me it is a good sign and it is good news... Article: "The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq" This here is a biggie...There's pros and cons to this...the cool thing is - if this authorization is reversed this would give Iraq their full sovereignty. That means they're on their own. There's no more training wheels. There's not more kit gloves...this could have both a positive and negative impact on the currency... Frank26 Sudani didn't go [to the UN] to make one speech. He went there to make that speech to invite the whole world into Iraq and then he went and did all of these little sidebar meetings at the United Nations with many different groups - businesses, companies, countries, presidents...He went on a mission to promote his two 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... So, take everything with a grain of salt ... RON Clare Article: "Al-Sudani: The meeting is being arranged with Biden, and we will call for the formation of an international bloc in the region" MarkZ “Joint leader’s statement: Elevating United States and Vietnam relations to a comprehensive strategic partnership” So we really want to work with Vietnam. Be best buddies…It’s obvious the US is putting a lot of effort into Vietnam right now…this is a good thing. This means the US wants Vietnam to revalue and be successful. Walkingstick Sudani going to New York is extremely crucial because he's having all these meetings. These meetings are important for the monetary reform and to bring forth the economic reform... Frank26 Question: "I don't know what HCL is?" If you live in Alaska or Texas you would be able to receive mineral and oil rights/money because you live on that land. The state owes you as a citizen of that state a royalty. Iraqi citizens live on an ocean of oil...They are being given their rights when they sell these precious items through what's called a Hydro-carbon 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... So, take everything with a grain of salt ... RON MarkZ In Iraq Article: “Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the Oil and Gas law” We were also hearing this kind of thing from Kuwait before their last RV. I was always told to watch for this as a final trigger that needs to be hit right before we see RV. They are working on it. They may be releasing things like this so we don’t know if it’s already done or not. Militia Man JP Morgan and Citi Bank are looking to have liquidity... Article Quote: about Nelson the US Under Secretary, "Nelson appreciated the government reforms in the banking and financial sectors and the government's success in restoring the confidence of global financial institutions." ...JP Morgan, US Treasury and the Central Bank of Iraq are all cooperating in the Iraqi files. For what? Financial liquidity, commercial bank transfers outside the country...Drop the mic! That's pretty heavy! Frank26 Sudani went to the United Nations and he Article Quote: "...convinced the whole world that he is capable of solving the country's chronic problems." You're talking about the sanctioned program rate? That's the chronic problem you've been having forever and ever. Mnt Goat Article: "AUSTRIA SEES OPPORTUNITY AS IRAQ RETURNS TO STABILITY" ...Why would a foreign country want to invest in Iraq if they were not truly stable and ready to reinstate back on FOREX? The signs are all around us... MarkZ ...His [Sudani] first speech at the UN was more on the military situation, security etc…for the region. Latest reports are that he is now expected to talk again on Friday and address the UN…then hurry home...There is a lot of speculation that he will announce a rate…or that they are going international with their currency…when he gives that speech. Cross your fingers and say your prayers that this comes to fruition. Kaperoni Frank26 thinks there will be no hydrocarbon law in Iraq until the central bank revalues the currency. One has nothing to do with the other. The dinar will remain weak until Iraq diversifies their economy. Sandy Ingram The Prime Minister of Iraq has announced the development road project with Turkey is expected to increase the country's Gross Domestic Product (GDP) value. When you hear the words GDP increase you can expect currency increase in value to follow... Pimpy Vietnam dong...the last we heard they were trying to recoup from a strong dollar. Unfortunately, they have been selling their reserve currencies to try to hold onto the current exchange rate. Remember, every time the United States hikes their interest rates it affects currencies all around the world making a US dollar stronger while making theirs [currency] weaker. Yada ...the meetings with the PM in NY is basically a, "We are Open For Business In Iraq" gathering. Citibank and JP Morgan are on board to handle all the digital transactions and the world is at their doorstep. Walkingstick [Iraqi Banking friend Aki update] There were meetings on Monday and Tuesday [Between CBI and Private banks] talking about the ATMs and they called it a 'new currency. Not once did they say lower denoms or LDs they simply called it 'new currency'. When you see this you'll know exactly what the CBI is talking about to the citizens. Not the old 3-zero notes but the lower denominations.
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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: We see Austria is back here in Iraq. They are reopening their embassy here. Their ambassador says due to the security and stability here it leads them to trust and reopen. FRANK: Hey, Sudani how clean is the floor of the CBI..!? Angel1 There is one more requirement the WTO is asking from Iraq and that is to change their exchange rate. That is what the WTO is waiting for. Clare Article: "Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines" Quote: "The Central Bank of Iraq announces the conduct of a public and private tender to equip, install and operate machines for counting and sorting Iraqi and foreign currency (dollars and euros), number (30) and currency packing machines, number (4) machines for the Central Bank of Iraq / Kurdistan Region Branch / Erbil." Samson Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "Prime Minister Muhammad Shiaa Al-Sudani is scheduled to participate in the annual meeting of the United Nations General Assembly next week." Frank26 Why would Iran be at the CBI governor's office dealing with international issues? I think you know why. They can't steal anymore. The floor is spotless. It's dinner time. Something is about to happen.
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Wedesday Early Afternoon Opinions @ 3:11 PM CDT - 9/20/2023
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... So, take everything with a grain of salt ... RON Militia Man This U.N. assembly goes on for quite a few days...it goes all the way out to the 23rd and then a final day on the 26th. Iraq is going to showcase themselves this next Friday. Pimpy Article: "It seems clear and practical...The New York Times: Al:-Sudani won the support of the Iraqis" If you ask me it's still out there on the limb. There has been protest people are not talking about...but I will admit he definitely seems to be getting things on track for Iraq... MarkZ ...an article dropped today...is screaming “Shades of the Kuwait RV”...this article is just like ones we saw coming out of Kuwait...Article: “Iraq PM’s visit to the US coincides with dollar exchange rate crisis” They are talking about external factors and the progress they have made. They are talking about the exchange rate is unstable…Similar articles dropped in Kuwait before their RV. The rate is only unstable right now because they haven’t released the new rate yet. Frank26 Question: "HCL was given to the Iraqi citizens?" No. Nothing is given to the Iraqi citizens until you get the new exchange rate. It's that simple. Samson Article: "Iraqi PM Al Sudani to meet Biden at White House soon, says Blinken Washington worried over the influence of Shiite militias and wants Iraq to introduce reforms" Clare Article "Al-Awadi: Al-Sudani’s meeting with Biden will deepen understanding between Baghdad and Washington" Quote "The Iraqi government spokesman, Bassem Al-Awadi, confirmed...US President Joe Biden’s invitation to Prime Minister Muhammad Shiaa Al-Sudani to visit Washington confirms the independence of the Prime Minister’s approach to domestic and foreign policies and the high international appreciation he enjoys...the upcoming meeting...will culminate in a policy of respecting mutual interests and deepening mutual understanding." -
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 During this time-frame we had some key components that were needed to be sorted. We've been talking about this for a while - the 23, 24, 25 tripartite budget has not been spending any money, hasn't allocated any money...that's going to be resolved. Frank26 The see-saw just teeters and totters. The ocean waves just ebb and flow, nothing ever changes but everything will dramatically change the moment you have the new exchange rate that Sudandi and Alaq have told the Iraqi citizens very clearly it's coming... Nader From The Mid East I'm sure you saw Sudani invited by Biden. That's a good thing. I'm sure you saw the Iraqi government reduced his bonds with the United States $400 million. That's great news. The most important thing when Sudani said he's gonna reduce the corruption big-time...You know what that mean? I'll let you guess...We working, working, working. I'm happy about that. What's happening today and Iraq and in the world I'm happy about it... Kaperoni Iraq is having a very difficult time managing the market rate from the official rate of the CBI. It is over 20% at this time. At almost 1,600 dinars to one US dollar. Way out of IMF compliance. Angel1 I am zero concerned about HCL. Yesterday I do believe the Kurd's issues were resolved officially...We see some very strong rumblings that HCL is done. We have seen a few articles on it...we are having translated for us...On Friday it was announced on the radio that it was going to be resolved on Sunday and subsequently activated...
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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 Angel1 Intel is hot right now. There were some dotting in the I's and crossing the T's that Sudani needed to do before he came to New York for the United Nations session. The New York Times has already put out a beautiful article praising him. MarkZ Question: When does Sudani return to Iraq? Mark: Most of my DC and New York sources say he should be in private meetings all week and then head home late this week or over the weekend. But, we do not know for sure. Yada ...it is all done...They are too the point they have to release the rate to go further. All the contracts with other countries are set to go, corporations are set to come into the country and only with a released 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... So, take everything with a grain of salt ... RON Frank26 This relationship with Iran is what I have been looking for. You should have been looking for it too. I told you we need the floor of the CBI to be so clean that you can eat off of it. You can cook on it because as far as I'm concerned and my strong opinion the RI is here and it is coming to be introduced to the citizens of Iraq... Walkingstick All levels, executive levels, employee levels, everybody associated with banks is meeting with the CBI and they're being given instructions on how to send the Iraqi dinar outside of the country. They were already trained on the ATMs and how to teach the lower denoms to the citizens of Iraq. They are now being taught the final stage, the international float... MarkZ Walkingstick is right...[Reference Walkingstick post 9-18-2023]…having conversations with people in Iraq, people in government sectors there…in finance and oil sectors…the contractors...saying it’s a deafening roar right now is an understatement. Nader From The Mid East Sudani meets with the Treasury again today. Last week they met in Iraq. This week they met over here. He gave his speech already, small one. He's gonna give another speech on Wednesday or Friday I think. Angel1 Sudani has been in New York...We were told Sudani was scheduled to speak on Friday - Sudani has already spoken..Last week Sudani had a special meeting that was broadcast across the nation, 1 hour and 24 minutes. He went off on security, stability, exchange rate, water, wheat, deals, about how incredibly well Iraq was doing. Today in a speech we see a mirror image of that...in New York on an international stage...He has let the world leaders know exactly where Iraq is and that they are open for business and they are coming. MarkZ He [Sudani] did address the UN and he has more meetings. A big week is already underway. He has meetings with the State Dept and with the Asst. Secretary of the Treasury today...To me they are setting the stage. Sudani is telling everyone that Iraq is in compliance and that they are done before they pull that trigger for the world stage on the currency change. That is my opinion and the opinions of many others I have been talking too high up in this process. They are stage setting and expect Sudani to let the cat out of the bag while at the UN…I hope that is accurate. We all do..! Clare Article: "It seemed clear and practical... The New York Times: Al-Sudani won the support of the Iraqis" Quote: "The American newspaper The New York Times said on Monday that Iraqi Prime Minister Muhammad Shia al-Sudani has won the support of the Iraqis and is seeking to address Iraq's many problems." Henig Article: "Sudanese arrives in New York" Quote: "Prime Minister, Mohamed Shia Sudani, arrived on Monday in New York to participate in the meetings of the United Nations General Assembly." Frank26 Sudani is going to the United Nations. What's that? The world! Has the Prime Minister of Iraq ever been in front of the United Nations that you can remember? ...He's going with great pride...joy, to tell the world something. You think he's going to tell the world, 'Hey, we're staying with a program rate? Hey, we want to remain a third world country? Hey, we want Iran to continue to abuse us...?' He's going to tell the world what you and I know about the monetary and economic reform of Iraq... Let's hope you're right Frank. MarkZ Question: Does the passage of the HCL mean we will have a new rate? MarkZ: I was always told HCL before the rate change. Mnt Goat ...the dinar, when reinstated, will NOT come out at the low program rate and then float slowly to something we want to see to exchange. Instead, it will be placed back on FOREX and by the time you hear about it, it may very well already be over $4. Remember at some point the IMF will cap it out and let it settle down. I heard this could be at about $9...???? That would be amazing, but we shall 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 Frank26 Sudani and Alaq have run out of time...now they have no other choice but to press the green button and go International. IMO that's exactly what they're doing. Militia Man Al Sudani going to New York for a week to cut deals? Maybe. We'll see how that turns out... Walkingstick The monetary reform is very loud right now. It's extremely loud right now. The decibel level is at a hurting point... Pimpy [US Treasury Secretary Elizabeth Rosenberg in Iraq last week] She is an expert in banking...Her job is to do an analysis on the bank and what is she looking for? ...Security...She's there to check on the reforms that have been implemented and what is left for Iraq. Nothing to do with investing...Somebody's gonna hear that she came to Iraq and...make it bigger than it is and somehow tie it back to the exchange rate change of the Iraqi dinar...She's not there to talk about the exchange rate. All she is doing is making sure the programs that were supposed to be implemented are implemented... Nader From The Mid East A couple article come out today about the HCL has been approved and has been activated today. By next month all the Iraqi citizens should see some money in their banks and that's a good thing...We should see something soon. MarkZ ...A lot happened over the weekend. A huge amount was accomplished on the HCL in the Kurdish region…and budget agreements. This tremendous HCL progress is definitely the talk on the streets over there. It’s the execution of the HCL we are waiting on. I have been told over the last 15-20 years that when we see HCL (hydrocarbon law) finished and executed we would be days from the rate change…so I am super excited about the progress over the weekend and it certainly lines up with what my sources are saying...So for me, this means anything after Wed this week is fair game. Frank26 Hey, Alaq, how clean is the CBI floor? 'It's dinner time.' ...I never thought I'd see the CBI floor so clean. Iran, Iraq, U.S. Treasury meeting with the CBI? Why would you let the wolf back in the chicken coop? ...Iran said we promise [to be good]. Whoa! How clean is that floor at the CBI Alaq? 'Spotless' Militia Man Everything we've been seeing...is showing Iraq is going to have a big week. Al Sudani is set to arrive in New York on the 18th. I would imagine there's going to be sideline deals. If you look at the lineup from the U.N...Iraq is slated [to speak] on Friday the 22nd...Iraq is coming out to the world and we're going to be a part of it. I'm really excited to see it... Clare Article: "Al-Sudani and Fouad Hussein alongside world leaders in New York" Quote: "The Iraqi delegation will participate in the meetings of the United Nations General Assembly, headed by Prime Minister Muhammad Shiaa al-Sudani and Foreign Minister Fuad Hussein, and they will meet there with many world leaders, according to Foreign Ministry spokesman Ahmed al-Sahhaf." Sunday Midnight Opinions Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said he's not worried about the parallel black market. They have a mechanism which is about to be implemented that will down the dollar and make the dinar strongest. FRANK: WHAT!?!...Good God almighty...Holy guacamole! Kaperoni Iraq can talk about the WTO all the time and they can get excited about joining, but it's all hype until Iraq it creates the conditions for them to be a full member. Currently, they are still 90% dependent on oil exports. Sandy Ingram Good news, Iraq and the US hold financial reform discussions in Baghdad. This little meeting not reported in the mainstream news tells us the US may be ready to help Iraq move towards significant growth in its currency. At least we hope that's what this meeting is pointing to. Militia Man Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "The United Nations General Assembly meeting scheduled to be held on Monday, September 18, 2023" There is obvious motivation for him to move up his schedule up from the 20th to the 18th...Is there more to the story than meets the eye? ...He would have to be awfully motivated to move things along so quickly now. The UST apparently wrapped it up in Baghdad this week and from the successes of those meetings that were on going, they may have allowed for the urgency of him to arrive in the USA. I like 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 Angel1 Monday Sudani makes announcements through the special meeting televised throughout the country. He said a whole lot. We'll move along day by by...of what has happened since Monday, where we're at now, where we're gonna be and how close that finish line really is. Tuesday our friend US Secretary Elizabeth Rosenberg lands in Baghdad. She is an international wizard. She is brilliant...International business, that's why she was there. Why is she there now? Because everything is done except two things in country - that's your new notes and your rate. They have secured the border...Now they are focusing on international investment contracts/banking. [Post 1 of 2....stay tuned] Frank26 The Prime Minister of Iraq spoke to the Iraqi people for an hour and a half. You think he told them, 'Oh, Iraq is a mess...Oh man, we're never going to see any value in our currency...The monetary and economic reform are a failure...I have a nightmare about our country.'? No...That speech was very, very reassuring to the Iraqi citizens that the monetary and economic reforms are here. Mnt Goat ...I believe that the U.S. is slowly realizing, as Iraq has already done years ago, that the Barrack Obama plan for the economic reforms in Iraq is not going to work without first the liberalization of the dinar. So...I called my CBI contact to get an update on the situation in Iraq...I was told was some very good news. This news stems around the new assignment just given to my contact on a team, recently put together that is responsible for supervising the rollout of the newer lower denominations and the redenomination process...it is telling me the implementation of the project to delete the zeros is so VERY CLOSE at hand...I was told it will be moving forward in the coming days not 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 Samson Article "Sources: Al-Sudani will participate in the United Nations General Assembly next week" Pimpy I'm really excited about the future for Iraq...I see an economical boom in the future for Iraq...It's going to be sometime around 2025, but that doesn't mean the Iraqi dinar isn't going to go up, it's just not going to happen overnight...It's going to go up in increments... Militia Man Al Sudani was denied access to come to...the US because he had three things to get done. And now he is scheduled to be in the U.S. on the 20th which is Wednesday. I have a hard time thinking on the 20th he's going to show up smiling and waving doing International contracts without having changed from 1310 to a real effective exchange rate. Frank26 The CBI had a meeting with the United States Treasury...The CBI got their butts chewed out in front of Sudani. In less than 24 hours all the nonsense they were complaining about has been wiped out...
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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 Angel1 Monday Sudani makes announcements through the special meeting televised throughout the country. He said a whole lot. We'll move along day by by...of what has happened since Monday, where we're at now, where we're gonna be and how close that finish line really is. Tuesday our friend US Secretary Elizabeth Rosenberg lands in Baghdad. She is an international wizard. She is brilliant... International business, that's why she was there. Why is she there now? Because everything is done except two things in country - that's your new notes and your rate. They have secured the border...Now they are focusing on international investment contracts/banking. [Post 1 of 2] {Repost} Angel1 She had a special visitor. Iran showed up... Agreements were accepted and inked by Mrs Rosenberg. Those agreements are executed...Iran is no longer slowing us down. Brilliant... Wednesday...4 meetings with Rosenberg. Rosenberg also met with Sudani and GOI leaders...Budget, budget, budget... Thursday, Kurdistan region showed up. Meetings with Sudani. Here's the powerful thing. Barzani is all smiles. He is no longer concerned about salaries being paid because he believes parliament will make the necessary decisions for payments. [Post 2 of 2] Frank26 These are amazing times...Why would the United States Treasury and Iran be with your Central Bank governor and your prime minister talking about international contracts, international agreements. Why is this happening? Because everyone is positioning themselves for the new exchange rate when it comes out...this is phenomenal... Samson Article: "Oil jumps to 10 month high Brent crosses $94" MarkZ We are painfully close…Lots of expectations for Sunday and Monday and those meetings on HCL agreements and with the US Treasury. Things are really appearing to be lining up perfectly. All eyes at this point are on the Sunday/Monday meetings in IRAQ…on HCL and they say they are addressing the exchange rate of the dinar…we will see what comes of those...
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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 ...on Tuesday – The US assistant secretary of the Treasury showed up to Iraq... other folks from the US were there - on the business side. So businesses showed up and other countries showed up...We are talking about International trade. Iran, Iraq, France, The US and many others...The US Secretary of the Treasury has the power to make certain things happen…and I think the US is now allowing the facilitation of Iraq joining the international financial system. And they say the Us now supports the tripartite budget for 2023, 24 and 25...And letting Iraq and Iran trade outside of using the US dollar is huge. There are deals with UAE, France, Japan, China and many more. This really is huge...These international contracts and international financial systems …well, we have never seen this before...I think we are in a phenomenal timeframe...
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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 Pimpy Article: "Washington appreciates the efforts and steps of the Central Bank of Iraq to contract with international audit companies" This discussion has been going on for some time, sure we lose our purchasing power. Yes, it sucks for the American citizens but the fact that Trump said we should be on a level playing field as far as currencies are concerned, now you have the Biden Administration over there talking to them about allowing the Euro, Yuan and the Durham to be used for trade. I find that very very interesting...Are they trying to make an equal playing field for everybody? Sandy Ingram The Turkish currency has steadily increased abasing the U.S. dollar since March 2023. If Iraq's currency were to match the Turkish Lira many of us would be looking at $40,000 in profits (with 1 million dinar) even without a so-called revalue. In a matter of months you can realize thousands of dollars in profits when dealing with exotic currencies. It is taking Iraq longer than usual but they have had so many more issues than many countries. Frank26 [Iraq boots-on-the-ground report] FIREFLY: U.S. Assistant to the Secretary of Treasury is in Iraq and she's meeting with the CBI banking official. FRANK: Iran has a meeting with the CBI [too]! FIREFLY: Sudani when he we was done he left us with these final words. A spokesman came out for Sudani on the news saying Iraq will achieve its dreams. Angel1 What we have been hoping for all these years is upon us. It really is...Why now...Sudani all of a sudden having special televised meeting talking about security? Why stability? The bottom line is this. Iraq is ready. The environment is ready. MarkZ Article: “US Treasury discusses with CBI foreign trade in three currencies other than the dollar” This is the US Treasury representative in Iraq and sitting down with Alaq. Of course they are working with the CBI and working through some things...They also discussed all the tremendous efforts Iraq has done to modernize their banking system. They can now track money laundering, bad guys ect…I am still hearing there are Fed Reps and State Dept Reps there as well as World Trade Organization Reps as well. ...I am hearing out of Iraq…That they are finalizing that rate change (we don't hear this from any other source other than Mark & his 2 cronies)...I still believe everything is in place and they just need to flip a switch. It would be nice if this was all true, but it's Mark speaking..! Militia Man Once they go international they're going to have to have an international exchange rate to value assets. Those assets are going to have to be competitive in the marketplace. I think Al-Sudani's speech...the U.S. Treasury showing back up today, the Central Banks of Iran and Iraq are a key focus and everybody should be really excited about it. Let's see what happens in the next couple days. Obviously they're going to tell us more about this whole process because it's going to be a public deal... Nader From The Mid East The Secretary of Treasury of the United States just landed in Iraq to meet with the CBI and the government and the auctions have been changed for good. This is major. You know what happened on the auction changed usually the dinar goes up. So get ready. Good luck!
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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 The Central Bank of Iraq and Iranian, who are they having meetings with? The United States Secretary of the Treasury... Article: "The Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar." That tells you the dollar is going to decline and their currencies are going to go up...I believe they're in the execution stage... MarkZ Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…all we are waiting on is the switch pulled. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Everyone all over Iraq is talking about Sudani's speech. It lasted almost and hour and 30 minutes. He was bragging about us here in Iraq, our country, our sovereignty. Then he floored us and he said about us here in Iraq the security and the stability. FRANK: Sudani, how clean is the CBI floor? 'Spotless Frank!' FIREFLY: He talked how so many countries all around the world are investing here...he has many contracts and he can't even reveal them yet... FRANK: He's waiting for the new 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... So, take everything with a grain of salt ... RON Frank26 Article: "Iraq announced to the world that its oil reserves have risen to nearly 6 billion barrels" I think this is going to affect the monetary reform, exchange rate, the RV of the monetary reform phase. I think it has great potential. If it continues, to help the float reach the $3 to $4 cap area... Angel1 America has now agreed to support Iraq in all its endeavors, including currency reform. Kaperoni The Prime Minister talked about addressing the exchange rate...He's not talking about an RV...he's talking about getting the spread back in line...The market rate in Iraq continues to fall. Now at around 1550 to $1. This is reaching close to 20% spread from official rate. Not good and will continue to hamper the CBI effects to meet IMF compliance. Nader From The Mid East Here's my opinion about Sudani in the media...First, he got me all excited. He's talking to the Iraqi people. He's kind of like Trump, he's United States first, Sudani is Iraqi first. I love that. That's one thing I love about him. Whatever he said about business, trading, manufacturers, money, everything he said it showing me the future we're going to be very strong. That's why I get excited... Militia Man Article quote: "Iraqi and Iranian Central Banks are working on a mechanism to regulate trade and break the back of the parallel market." They had a problem with the black market. The parallel market is illegal. It's illegal to be trading in dollars...Sounds like they're about to get rid of it. Iraq is supposed to be dealing in dinar only...on the streets... Samson Article: "Source: Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar" Clare Article: "The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury"
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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: The news is showing US ambassador saying Iraq is close to its goal - it has more stability and security in a very long time and praised us about a new trade export at the Baghdad International Airport. FRANK: You've got the US ambassador telling the whole world telling Iraq's security and stability is thumbs up! Angel1 Very very soon we will have a brand new rate that they have been working on that you have been looking for and I have been looking for all these years. For Sudani to come out and talk about security and stability and the exchange rate is the ultimate setup to change their rate. Militia Man Article quote: "Iraqi and Iranian Central Banks are working on a mechanism to regulate trade and break the back of the parallel market." They had a problem with the black market. The parallel market is illegal. It's illegal to be trading in dollars...Sounds like they're about to get rid of it. Iraq is supposed to be dealing in dinar only...on the streets... Samson Article: "Source: Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar" MarkZ I am continuing to hear very positive stuff. The consensus is from my Iraqi contacts…that they are looking for a worldwide announcement of a rate change somewhere around the 20th or 21st. That does not mean we are waiting until then. That means that is when it should be announced to the public. We should hear something before then based on what I am hearing right now. Let’s hope this is accurate. I don’t think I have ever heard this much hype before…It’s almost overwhelming…In a positive way. Clare Article: "The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani traveling to meet USA president Biden on Sept 20th. This after meeting in New York for UN meeting. Angel1 ...WTO had asked Iraq for stability purposes, to finalize trade agreements...so they can show they had enough trade for many years to come. They've done that. That was announced today. Sudani even said in the special televised meeting that they have contracts that he's not even able to discuss. He even said some of thee contracts are not able to begin yet. And we know why. They're waiting for the exchange rate to change.
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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 Nader From The Mid East I told you before the CBI has nothing to do with it. CBI can change the rate to 1160, 1134 but that's the maximum do...Who's gonna put it back? The United States government. Clare Article: "Touches 100 dollars. Economist expects oil prices to continue to rise" Quote: "expecting the price of a barrel to reach $ 100 during the remainder of 2023." MarkZ ...We are so close…coming right from Sudani...it is time to address the exchange rate…BAM. They have been in many meetings…we have had people here from Iraq for the last few weeks. Folks from our Us Fed Reserve and Treasury have been over there. I totally agree that it is done…. We are just waiting for some reason. Waiting for when that trigger is flipped. Sandy Ingram [I] was to hire an individual who could be bonded, who speaks both English and Arabic and who could open a brokerage account on the Iraqi Stock Market and an Iraqi bank account. [We] asked this person to contact us using the channels Facebook page. There were several responses. But before conversations could begin the Facebook account was disabled. No explanation. No reason...These actions led me to believe someone in high place did not want us to bring our over $10 million investment in or on the Iraqi stock market into play... Frank26 Question: "What percentage rate should I look for when I exchange?" 1%, 2%, 3% I think is more than fair especially if you're dealing with high million numbers. Anything past that gets a little gluttonous. Me personally, my % for exchanging will be zero. You know how many dinars I will be taking to a bank? 'You're going to charge me, to deposit my money into your bank?!?? Bye-Bye. Of course we can work something out. Now do it.' It bothers me that this is what's going to happen... banks will take advantage of you. Samson Article: "Economist: The budget was not implemented even 90 days after its approval" Quote: "it was not implemented due to the presence of thieves and corrupt people, stressing the necessity of changing disbursement methods to keep the funds of the tripartite budget from the hands of corrupt officials." Militia Man The news outlets and the media doesn't quite paint the picture in a cut and dry manner. That's not their job is to babysit us and it's not their job to tell you every specific thing that they're going to do, how they're going to do it, what the exchange rate is, what the date is. Anybody that thinks that is going to ever be possible I'm not sure you should be in this investment. The fact remains we all have curiosity so fair enough. We're all curious to what that is and we're going to have to wait to find out...
