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  1. 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 How are you going to finance one of the biggest world projects at 1310 when your valuation of your country is far greater than any other country in the region per kilometer? ...What value are they going to use to value the operational side of of the budget for 2023 and investment side for 2023? ...If they haven't gone to a private sector at 1310, obviously there's a circumstance that suggests they're not going to into a private sector at 1310...
  2. 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 (PS:) These three are over the top and NOT to be taken seriously..!! Judy Byington ...RV rates have been agreed upon with a goal for the RV to happen by Fri. 1 March. It was now my personal opinion that Tier4b (Us, the Internet Group) would receive notification for our redemption and exchange appointments around Thurs. 29 Feb. or Fri. 1 March... MarkZ [Reference Mnt Goat post 2-27-24] That totally fits with what we heard over the weekend. They are having very open conversations on television, articles…you name it. Plus a committee to help stores and markets reprice goods. Bruce ...we could get our notifications Thursday, which is the 29th of February...start exchange on first of March, which is Friday... Everything is moving in the right direction...So let's see what happens guys.
  3. 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 monetary reform, the next step which is vitally important in order for us to see what we're looking for, which is called the managed float, their currency matched at least to 1 to 1 with the dollar will be in an international basket...All the articles have been talking about it. It's going to be a managed float. They'll eventually say stop it right there, we can't go any higher than the other middle eastern currencies. This managed float is in its first stage. The float is about to happen. I hope Frank is finally right on something...!
  4. 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 If you have Saddam Swiss dinar notes, they're worthless...but if you have a new Iraqi dinar that you purchased from a bank or a licensed broker you should be okay. Harlequinc3 Over the years, there's been many articles about the old currency retaining its 'nominal value' -- the denomination remains the same, a 25,000 dinar note remains 25,000 one-dinars. And the new 25 denomination remains 25 one dinars. 1 dinar = 1 dinar. Denomination value just means 'name' not exchange rate. The confusion arises from people thinking 'value' means exchange rate, when it's just talking about the nominal value -- the 'named' value of the dinar, which in this example is a '25,000 dinar' note -- that's its name, not its exchange rate. [Post 1 of 2] Harlequinc3 To an Iraqi, an exchange rate of pounds sterling to dinar is meaningless. 1 dinar is just 1 dinar. But what does that 1 dinar buy? That's what matters to an Iraqi...IMO, the latest article is explaining, the named value of both notes don't change (it doesn't affect the 'nominal value.') It answers the question about a lop of the old dinar, explaining you will exchange 25,000 old dinar for 25,000 new dinar (electronically) at a 1:1 value -- the named value remains the same. Of course, for people outside Iraq they will be exchanging 25,000 dinar for their home country's national currency of 25,000 dinar at an approved exchange rate. [Post 2 of 2] I sincerely hope Harlequinc3 is right in his commentary. Well said in my opinion. RON
  5. 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: "Prime Minister: The government has placed the issue of economic and banking reform among its most important priorities" MarkZ Comment: I am of the belief if they reinstate to pre-war rate…it will be at $3.22 Mark: I am of that belief as well. I think that is their minimum...I do not expect a wild or crazy float. It is not good for their money if it swings wildly. But to me it’s looking like it may be one BAM then done for a rate change. Militia Man Everything we've been seeing in the news...is quite intense in respect to a lot of the things we've been talking about... Article: "Iraq's Minister of Trade: We seek to join the World Trade Organization and expand our economic relations with the world" That's pretty bold. Quote: "...Iraq is now able to enter the global trade market through the organization on a large scale." There you have it...That is a massive quote.
  6. 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 Question: "How is the development road project going to be funded at 1310?" The development road project is not the world's largest project. It's not even in the top 20. But it is a very expensive project...Pay close attention... Article quote:"This year's budget is Iraq's largest at 198.9 trillion Iraqi dinars, about $153 billion based on the exchange rate. The 2024 and 2025 budgets will be the same unless the cabinet requests any changes and parliament approves them." This budget has already calculated...What did it say in the article? 'With the current exchange rate. And what is the current exchange rate? 1310 dinars per dollar. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani did a speech putting economic and banking reforms as a major priority. FRANK: I'm all for it! ...All of their efforts of their energy is directed to the success of the monetary reform first that will then bring success to the economic reform...This sequence cannot be reversed...Your day is coming. Walkingstick When you see the prices in the market of Iraq start to drop, get excited. They would be parallel to the exchange rate.
  7. 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 Back in 2005 Dr Shabibi said 'We aspire to bring the IQD back to the glory days of the 80's and 90's' Article: "The dinar and its three zeros - is it time to symak the dinar and return to the dinar 1980?" Dr. Shabibi, it's done..! Militia Man Article quote: "...Because accession represents and urgent priority the government seeks to meet its requirements.." Urgent priority...Whether they do it this week or not is going to be determined but I tell you what, it sure is looking like they have come a long way. This is a big set of [WTO] meetings. Walkingstick The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back... Clare Article: "The Minister of Commerce discusses in Abu Dhabi with the World Trade Organization the completion of procedures for Iraq to join the organization” Quote: “The organization is looking forward to and following the steps for Iraq’s accession carefully, given that Iraq is one of the important and powerful economies that is still outside the organization, and that Iraq’s presence within the organization’s membership will be a great added value to the organization and to the global economy.” Frank26 [Iraq boots-on-the-ground report] FIREFLY: Talked to bank friend. He said ever since July 2023 Alaq has said the deletion project is still in effect. He said there's a lot going on with this process and the joining of the WTO this week could see some type of announcement. My bank friend thinks the dinar will be stronger than it was in the 1980's. The article made it very clear that it will be. We are still stuck at 1310...we'll take $1.30. FRANK: I know it's been since last year this project to delete the zeros has been going on but the beauty of it is that it's been going on! It's real. It does exist. It's not fictitious. Your currency is very very close to having value added to your Iraqi dinar. [Post 1 of 2] 2-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: You citizens need this because they took the dollar away and all other foreign currency away from you...And they took almost 97% to 98% of your three zero notes off the street already. They created this giant void in your monetary structure so they could fill it in and present to you the lower notes with the new exchange rate that would match it...Your bank friend knows something is happening...IMO that is quite an improvement in the landscape of your economic and monetary reform. [Post 2 of 2] MarkZ The World Trade Organization and the IMF and World Bank are there working with Iraq for the last week or two. The WTO and Iraq are still talking about Iraq’s ascension to the WTO. Iraq has met all the markers and goals…so we are waiting on that news. Sandy Ingram Iraq and Turkey have an agreement where people and cargo can begin travel...up through Iraq...into Turkey and...into the Mediterranean Sea, which will allow...faster access to Europe. This project is expected to increase Iraq's GDP, provide thousands and thousands of more jobs and kickstart Iraq's economy foundation outside of the oil industry. Samson Article 1: "The Minister of Commerce discusses with the Director of the International Trade Center the formula for joint action and support for Iraq to obtain membership in the WTO" Article 2: "For the first time in 20 years...Iraq participates in the Ministerial Conference of the World Trade Organization" Militia Man Article quote: "Deleting the zeros...does not conflict with its value but needs educational campaigns to proceed it and a traditional period for trading the currency with zeros and the new currency to know the two currencies are equal in value." If they are going to be equal in value...a dinar is a dinar is a dinar. A dollar is a dollar. When it comes to an international stage a dinar is not a dollar, nor is a dollar a British pound or a Japanese yen. There's a difference in value. Are they one of each? Of course they are...But are they valued the same? Absolutely not... Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON! Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
  8. 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 [Key Bank story] BANK STORY LADY: I've been banking with them for about a year...A few months ago I was talking to my contact and I was telling her about the exchange and asked if she had heard anything. She hadn't and they probably weren't going to deal with it at all. She even asked her higher-ups and they didn't say a thing. She said she had a list of people to call and if she heard anything she would be in touch. Over the last few months I've kind of given up on it...I had a talk with her the other day and she said, 'I'm so glad you called. We just underwent training for the exchange.' FRANK: The dinar? BANK STORY LADY: Yeah. It must be coming. Goldilocks Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward. At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value.
  9. 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: "The Prime Minister of the Kurdistan Regional Government arrives in Washington on an official visit” MarkZ Article: “For the first time in 20 years, Iraq participates in the Ministerial conference of the World Trade Organization” Including the completion of the requirements of Iraq’s ascension to the organization!! And joining the multi lateral trading system. This is a big one… Pimpy The deletion of the zeros is not off the exchange rate...I've showed you in writing. Nader From The Mid East Article: "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..." Very good news, IQD decreasing. Wow. Paulette IMSO...now that the Federal Court ruled, the Oil and Gas Law is no longer needed. The court wrote the entire Oil and Gas Law in one decision. All government employee salaries are paid through Baghdad and all oil and non oil revenues of Kurdistan go to the Federal government. Nothing more to say or agree to. "Binding and Compelling". Frank26 [Iraq boots-on-the-ground report] FRANK: The GOI and the CBI came out and told you Iraqi citizens they are forming a committee to reprice your products in the markets...We told you once you see them start to do this repricing of items inside of Iraq's markets to get excited. IMO this is the precursor to your new exchange rate...things are very exciting right now. Your bank friend will be talking to you very soon. Militia Man Question: "Does deleting the currency zeros affect its value?" Of course it will. Quote: "Currency zeros do not conflict with its value." Of course it's not going to conflict. You delete the zeros, is that a conflict? No. It brings purchasing power. If you deleted the zeros and there was no gain that would be a conflict. How are you going to tell people for all these years we're going to get purchasing power and then you do a LOP and there's no value difference? MarkZ Now over the weekend - this is where it gets fun…There was a lot of conversation and many stories about needing to have a committee for “repricing”... Why do they need to reprice? Maybe they are getting ready to change the value of the dinar? This is HUGE. And they were very up front over the weekend on “Removing the zeros” and this process provides more purchasing power…they call this the “mechanism to delete the zeros” This process requires increasing purchasing power when deleting the zeros…this was a huge weekend...As they increase their value they need to update their bills including the lower denominations Walkingstick IMO the monetary exchange rate has been monitored to deal with internal inflation in the country of Iraq. The RV phase of the monetary reform brought forth all the calculations in order to succeed with the citizens first...Therefore when they reprice the market in Iraq get excited.
  10. 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: CBI came on our TV Channel One financial channel and the government is saying saying there are no liquidity issues...FRANK: He is trying to explain he has full control over the American dollar inside of your country... Militia Man Article: "The Central Banks show that the amount of printed currency decreased by 1trillion between November and December 2023" They've been reducing their money supply for 20 years... They're telling you specifically they have been, in the trillions... Less supply means more value...They've been doing what we said they were doing. They've reduced the note count. We're going to see what the accurate numbers are, and we're probably going to see that in the valuation of the Iraqi dinar. Goldilocks Article Quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in... The capital, Abu Dhabi,” Iraq is currently participating in the World Trade Organization. Their potential membership is moving forward. As a full member of the WTO, they will need a rate to fully participate in this inclusion. This is truly a monumental achievement for Iraq and something the world has been waiting for for a long time. ...There are high expectations that full acceptance into the WTO for Iraq will happen during this meeting taking place...
  11. 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 Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON! Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
  12. 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 Quote: "the prevailing proposal is to replace every thousand dinars of the current currency with one dinar of the new currency...The deleting zeros can achieve many benefits, the most important of which is getting rid of high inflation pressures on the economy and restoring confidence in the national currency and the monetary system as a whole, facilitating accounting processes and cash exchange between citizens, and reducing the cost of managing and maintaining the monetary block by reducing its volume under circulation" Frank26 Article: "The dinar and its three zeros - is it time to symak the dinar and return to big about 1980?" So you want to return the dinar to the 1980's? By 1971, '72, '73, the Iraqi dinar on the international market was $3.778. Then...it was reduced on purpose to $3.2169 in 1980. Militia Man They're talking about deleting the zeros again...We're not talking 1, 2 or three articles... Article Quote: "The issue of deleting the zeros and splinting the dinar has become a topic that causes a lot of reflection and controversy in economic circles..." If you go from 1310 to something back to a 'previous era'...is a big move...Article Quote: "When this is done correctly we can expect...a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980."
  13. 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 is one step ahead of us. The Iraqi citizens...are already taking their 3-zero notes and taking them to the bank and opening accounts because they know the monetary reform has educated them...All of a sudden bank accounts just exploded in Iraqi banks... Militia Man Iraq is going to explode with growth. We all know that...You're going to provide thousands and thousands of jobs and build 10 industrial cities, millions of homes...it creates a lot of growth. It creates a lot of jobs... Nader From The Mid East The RV will not happen if no one declares the end of the war...we still on war. In December 2021 they took troops out...but they never declared the end of the war...and they never took out the international coalition. For everything to happen they have to declare the end of the war. The international coalition have to be out of there. The soldiers of United States have to be out of there. Of course they're going to keep bases in Iraq, but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.
  14. 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 I want to make sure people understand. When they go, 'why do you always talk negative about the dinar?' I'm not talking negative about the dinar. I'm expanding the truth to you. I may come across as negative because you have been tuning in elsewhere...and your emotions are high...I'm going to tell you exactly what we need to look for and what it's going to take for Iraq to get us there...There's a lot of good news. Let's be happy about that. More than I've seen in a long time. Jeff The starting point of the US interactions with Iraq was on March 17, 2003...Is it possible the US might end its actions with Iraq on the anniversary date of when it started...March 17, 2024?
  15. 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 Article quote: "...the prime minister's...advisors do not have any information regarding the amount of the read and expected deficit in the 2024 budget. This mater is completely closed until the moment exclusively with the Ministry of Finance." Parts of the government do not know yet what is coming. Why? Because they don't have a need to know... Article quote: "...no one know what they include... numbers and details." No one knows until the last moment. Why? Because they need to keep it tight to the chest.
  16. 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 Question: "Is it good to hold some of our currency and hope the exchange rate will increase years from now?" That's your decision. I can't answer that for you. But its a logical thing if it's in the float. Let's say you got 2 million, exchange 1 million and check out the float. Maybe you can get it for 2 to 1, 3 to 1, 4 to 1. Yeah, that's proper stewardship. But based on the amount of time they give you is how you determine whether you hold them or fold them. Nader From The Mid East Did you see the article...? Sudani visiting the United States Soon.
  17. 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: "Trade: Forming a committee to price foodstuffs, limit their rise, and exploit crises" THIS IS WHAT WE TOLD YOU TO LOOK FOR NEXT...Alaq has formed with his cabinet a committee in order to do the repricing because it will be required with a new exchange rate. What is the conclusion of all this? I'm excited. I told you, you should be too.
  18. 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 Question: "I appreciate you saying Chase and JP Morgan but is there a problem with Bank of America or Merrill Lynch?" Who said there was? You want to go to BOA and see if they can hook you up with Merrill Lynch? Go for it...I told you there would be many banks. If you don't like this one go to another bank. There will be many places you can go and exchange to. Samson Article: ”Al-Sorgi: The Federal Court’s decision will accelerate the legislation of the oil and gas law" Not much this afternoon either...!
  19. 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 You know the qualifications to be part of the WTO. Is it to have value to their currency? No. It is to have a currency with no restrictions. Therefor if there are no restrictions on their currency. Hey, CBI, go crazy! Wolverine On Thurs. 22 Feb. the Central Bank of Iraq made an official RV announcement on TV: Iraq will present a Sovereign coin and release it. Not much this morning...!
  20. 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 Be in control...I suggest to you go to Chase because you want to talk to JP Morgan. Open up an account. Now that you have a bank account you're in position! For what? For when the blessing occurs you go to Chase and say, 'I have a bank account here can I talk to the wealth management advisor? Why? Because I have dinars. 'Oh, you're one of them. Come on in.' Shoot, they'll roll out the red carpet for you. In this case the white carpet. Sandy Ingram You have NOT, and I repeat, NOT been scammed as long as you purchased authentic Iraqi dinars and your dinars are not counterfeit. If you purchased the exact currency used in the country today, then your dinars will spend just like any other dinar in Iraq today.
  21. 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 Who do the [new lower note] samples belong to right now? Only the banks, not the citizens. That will happen. It will be on their television, but not yet though. Sandy Ingram The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar. Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady. MarkZ Article: “The Sudanese received an official letter from America regarding the scheduling of the end of the tasks for the international coalition” We believe this is the final step for Iraq to become fully sovereign and increase the rate of the dinar. They didn’t give a date but imply its sooner rather than later. Clare Article: "Al-Sudani is making an upcoming visit to Washington" Quote "The two sides discussed the files that will be raised during the Prime Minister’s upcoming visit to Washington, and the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard,” Walkingstick [Iraqi bank friend Aki update] The training with the specimen sheets is a daily continuing thing...We don't know if it's going to be the DeLaRue machines or a completely different structured machine because the new security features on the new small lower notes are not recognizable on the old DeLaRue machines. Aki is working with new sorting and counting machines [Not the new DeLaRue machines]...These machines [New DeLaRue] will only be used inside of Iraq. Aki has no need for these machines...Chase's JP Morgan who buys and sell currency around the world would also have these new machines. Frank26 The U.S. dollar is going down in value this week, which means your currency [Iraqi dinar] is going to go up in value. The only way for that to happen is with a new exchange rate and the lower notes to match it. IMO you're going to see the dollar go up before it is finally removed and irradiated one last time... MarkZ No, The RV is not dependent on the collapse of the stock market. But, many of us believe the collapse of the stock market will force the RV. Pimpy Community Comment: "Thanks for the let down once more that Iraq will never RV." I never said it would never RV. Never. In fact I'm the one that said it's going to go up in increments. Jeff Why the timing of the rate change has anything to do with a budget period? Here's why...Countries calculate their budgets off the value of the currency. In order for them to approve a budget, whatever currency value they're going to utilize has to be released publicly...That means the rate has to change before the budget can be approved...Kuwait changed their rate on March 24th of 1991...before their April 1st budget period. It's that simple. Militia Man Saudi Arabia helped Iraq with about 15 years of negotiations [with the WTO] in one year...Iraq [at that time was at "observer" status]...Being an observer you have the ability to have accessions. Am I waiting for them to have accessions before they have an exchange rate? No I'm not. But the fact that they're getting to that stage shows the world's expectation is ...the cat's out of he bag. Frank26 Article: "ACCESSIONS 12th China Round Table on WTO Accessions ARAB PERSPECTIVES ON WTO ACCESSIONS AND THE MULTILATERAL TRADING SYSTEM" I love the word ascension... WTO...Can you tell me who you are ascending in the WTO? Article Quote: "Algeria, Comoros, Iraq, Lebanese Republic, Libya, Somalia, Sudan and the Syrian Arab Republic are in the process of Article XII accession". This is a lot for the monetary reform of the Iraqi dinar that would bring forth the economic explosion reform of Iraq...This is wonderful. Mnt Goat Please just be patient! The reinstatement is coming and I firmly believe from what we now already know and are about to witness is a major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is about to get out of the sanctioned mindset altogether and return to common global banking practices of how they will be doing business with the rest of the world going forward. Frank26 The Untied States of America stopped using its 3 zero notes back in the late 1950's. But they're still in circulation. Nobody uses them. They were never null and void. They're actually a collectors item and worth a lot more than their face value.
  22. 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 Community Comment "...Nothing is going to change until Trump is back in office period..." Funny how people really feel if Trump gets in office then it's going to happen for sure, which it might be a possibility but we thought that last time. Nothing happened. But keep your fingers crossed, we're going to find out very soon. Jeff In March the UN will be submitting their official,'We're done', 'we're ending our mission in Iraq' report to Iraq...After Iraq has revalued is when it gets submitted and turned over to the Iraq government... Frank26 Article: "In support of the Iraqi dinar Watch.. Forces roam the streets of Najaf and review store records in search of dollar transactions" They are going door to door...THEY ARE GOING TO BUSINESS TO BUSINESS, TO RETRIEVE EVERY DOLLAR FOR THE INTRODUCTION OF LOWER NOTES. You're shrinking the market dollars so they can be closer to the official exchange rate so you can get a 1 to 1 which will cause it to float in the international basket so you can add value to your currency...
  23. 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 Mnt Goat ...when it does finally come out on the global exchanges, like FOREX, the rate in Iraq will coincide to whatever the rates are on the global currency exchanges that you want to exchange the dinar to. The banks will then use FOREX...Once on FOREX, there will be currency exchange rates in Iraq and elsewhere according to the country’s currency you are exchanging it in. For instance, if you are in the United States you will exchange for USD. If you are in Germany you will exchange for Euros, etc.. etc...There are no other rates. The Iraqi program rate will be gone. That whole temporary currency system will be gone.
  24. 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 Question: "There have been some references...regarding some Iraqi banks in the US, have you heard about any of thee banks on US soil?" Here you go: You have the Iraq National Bank that's in New York. Rasheed Bank that's in New York. North Bank that's Dearborn, Michigan, The Bank of Baghdad is in New York City, TBI Bank which is in Washington DC. These are the Iraqi banks that are currently in the US... Jeff What was the number on thing in the month of January Iraq kept stating in all the news articles? How they achieved critical stability. In order for Iraq, the number one thing they have to do is achieve overall stability, to be eligible to revalue. Article Quote "For Iraq to further continue on the path of stability and progress, an enabling environment will prove essential" She's stating Iraq is on a path of stability and progress and continuing in that direction will prove essential. Meaning allowing them to revalue the currency and get back on the world stage.
  25. 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 "Al-Sudani: We received a letter from Washington agreeing to end the tasks of the international coalition" Sandy Ingram Iraq's tourism could easily increase to over 10 billion US dollars a year, comparing it with Egypt's tourism. Frank26 Article: "Finance: Completion of the implementation of the (QR) system for the validity of electronic receipts in various transactions" THOSE ARE MECHANISMS OF THE MONETARY REFORM... BEING REVEALED...If this system is complete then Iraq has what it needs to float, to go International, to knock on FX. That's what this is... Militia Man The amount of construction and all those things that we've talked about are not going to be affordable at 1310. They specifically did a tripartite budget which they haven't totally exposed yet...But notice the things they have done. They were in the UN assembly... Davos ...Munich and they were doing deals behind closed doors with all these different countries of the world...Middle East, United States, Great Britain and on and on and on...Are they going to be doing this to stay where they were before or are they going back to a previous era? 1169, 1182, 1460, 1310, they never went international with those rate...
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