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Showing results for tags 'opinions'.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 Article: "Coordination framework: Our next priority is to return the exchange rate to its previous era" Priority - exchange rate first! Quote: '...the coordination framework is moving towards returning the dollar exchange rate to its previous rate, noting that the survival of the exchange rate is a crime against the poor.' WOW...what a statement..! *** Sandy Ingram These are speculation numbers to help you understand Iraq's vast wealth potential...The total value of the Iraqi potential oil reserves at an average profit of $75 per barrel over the next 100 years is 360 billion [barrels] x $75 = $27 trillion US dollars or $900,000 per capita...
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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: "A deputy reveals a set of options regarding the 2022 budget, including the price of the dollar" Here's the talk of the town. Everybody's talking about a rate change...I still think what's going to happen is you're going to see the dinar go up in value but it's going to happen in increments and it's going to happen over a period of time. *** Nader From The Mid East Here's the good news. From here till next week the rate will go up. I don't know if they're going to RV it or RI it. Or I have no idea if they're going to the 'previous' it. The previous is 1160, but I think they're going to put it at 1150. I hope they RV it...I know something is going to happen this week or by next week. I know for sure yes...they keep saying they're going to do, they're going to do it, they're going to do it but we don't know when they're going to do it.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 there is a lot of talk out there...people saying 'look at the article...they're saying that they're going to go back to the exchange rate...to what it was...1190 or something like that.' No...they don't know what they're talking about. They even tell you that the rate against the dollar of the exchange rate has to decrease. Remember the smaller the number - it gets them to 1 to 1. It's well explained. You've got people that don't know what they're talking about and it causes confusion. *** Walkingstick The new small category notes will come out first and then the new exchange rate or simultaneously...in 2022 they're going to raise the exchange rate by getting rid of the American dollar...they're going to float it...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat *** Articles: "ECONOMIST: IRAQ MAY GET HALF A TRILLION DOLLARS ANNUALLY IF IT IS LINKED TO THE SILK ROAD"; "THE SILK ROAD ON THE {MORNING} TABLE PENETRATES 70 COUNTRIES AND REVIVES IRAQ’S ROLE IN INTERNATIONAL TRADE" Did I not say already many times the objective of using Iraq is for a global trade clearing house for the middle east? Well here it is... Can you imagine the revenues? Not only oil revenue but revenue from customs and tariffs and now tax revenues from companies and individuals and then the hotel and tourism. Oh…but wait Iraq still has a 1/6 of a penny 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... RON *** Sandy Ingram "Iraq's President Barham Salih nominated by ruling Kurdish party to run for second term" We do not yet know the fate of the prime minister position. *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: International Development Bank under the Umbrella of the Central Bank of Iraq opened a branch in Dubai...this move is shown to us it is going to help strengthen the Iraq economy. This is acting as a private bank under the umbrella of the CBI... FRANK: ...The same with many banks around the world. They're all excited about the CBI satellite banks in their country because they know a change to the IQD exchange rate is coming...if you recall I told you about all the private banks and where they're located in the United States. *** Kaperoni ...[dinar theory - Former CBI] Governor Shabibi wanted to reinstate the dinar. Not true, he was planning to float it.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Regular Guy Vital Brad Article: "Al-Sadr nominated Al-Kazemi as prime minister for the majority government" After the government as a whole is fully seated I think it could go anytime. The sooner the better of course ... *** Frank26 Article: "The Central bank of Iraq announces an "unprecedented" growth in its foreign reserves" Empirical data from the CBI to the citizens in the process of their education to let them know we're more than ready for the monetary reform.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Kaperoni ...'they're not going to open the 2022 budget unless they raise the exchange rate.' Yes, there is talk of this but only returning it to 1170. Kaperoni is saying the same thing as Firefly on his TV Report posted @3:45 today.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Kaperoni If Iraq floats the currency they can gradually reduce the money supply over time and allow the dinar to gradually appreciate based on the success of the economy. That is the only way that dinar can go up in value. *** Mnt Goat So much very good news today to tell. I can hardly hold back my jubilation of what is shortly to come...once the button is pushed the actions necessary to bring Iraq to a financial power house will be in motion. Right now, we await the announcement for the second session of the new parliament which will nominate and vote on the new president in the same session. Then the new president, after taking oath, will nominate the new prime minister. ...NOTHING will stop it. I totally believe, from what I am hearing, that the CBI will trigger the project to delete the zeros somewhere in this process soon and we can expect to see the reinstatement shortly there afterwards...I am expecting to see it sometime in February. I do not think we will get out of February without the reinstatement of the IQD back on FOREX. *** Walkingstick Do not dismiss articles on the new exchange rate and the return to its 'glory days' or any words that they are using. All their effort at this time is only to do things for the citizens of Iraq...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat *** Article: "RETURNING THE DOLLAR EXCHANGE TO ITS PREVIOUS PRICE IS ONE OF OUR PRIORITIES" ...let me remind you what the phrase “returning the dollar’s exchange rate to its previous price” means. Some authors do mean from 1450 back to the 1120 program rate, but IMO the CBI means back to the “Glory Days”...If the CBI wanted to revalue back to the old program rate of 1120 they would have done it already in December 2021. They do not need any change in the government to revert it back it...So, this alone tells us that something different is about to happen. They are going to get out of the program rate. This is not business as usual.
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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 [ Iraq boots-on-the-ground TV Report ] FIREFLY: The CBI is back on TV...saying Iraq has unprecedented growth in foreign reserves...we're hearing that the rate will change when the budget is opened up and it will go back to the previous rate...it sounds like the previous rate of 1190 or so. It doesn't sound like the previous rate way back in 2003. Maybe it will go back to the previous rate of last December the 20th...and then it will float. It's just very confusing...the exchange rate will change to the previous rate. But which one..? FRANK: I'll admit it's a bit confusing and that's a good question but when you see the size of the budget I really doubt that a program rate will make it work...your budget is historically huge...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Walkingstick [via Frank26] When it says, "open the budget with the new exchange rate"' it means the line item that has the new exchange rate in it...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Walkingstick The total value and the exchange rate that they are using is in the budget and the white papers. That [the exchange rate] is one of the line items... They're going to pass it. They're going to use it...IMO..!
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*** Frank26 [Iraq boots-on-the-ground TV Report ] Firefly: They're now talking on the TV about what they're going to do with the rate. They thinking it will go to 1000 or so then float ...a lot of talk about the rate being better than previous, then float. Frank: It is the hot conversation in your country...it's actually hot all over the Middle East...Every Middle East country they're talking about your exchange rate...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat Iraq has 1/6 of a penny for their dinar? Unbelievable isn’t it? ...we read article they had the largest foreign reserves EVER!...Dr Sinani Shabibi wanted to reinstate the dinar way back in Jan 2013. So why are we still here over 8 years later? *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: The Finance Mister just came on our television channel One...he says Iraq need to show their true value. FRANK: the REER. FIREFLY: They're saying that they are losing billions a day by not having the true value...he's saying that Iraq is a stable society and we have security and we have just signed an economic meeting with Saudi Arabia but doing all these things without a true real value is basically useless to the Iraqis and to our nation. The time has come to show the real value to the world so Iraq can grow. *** Walkingstick IMO the formal training of all the banks has been completed whether in Iraq or outside of Iraq...they are telling you it would be done in the early part of this year. You see article after article after article telling you the very same thing...
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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 *** BobTheTaxMan This is a government process. This is going to go through a series of things they've got to accomplish. They did get Kuwait taken care of...we are in a really good position for this to come to fruition... *** Frank26 Article: "His Excellency Dr. Al-Hamidi, Director General and Chairman of the Board of Directors of the Arab Monetary Fund, delivers a speech at the opening of the Work of the Seventh Meeting of The Undersecretaries of Arab Ministries of Finance" The CBI has turned in the official documentations for the RI. Quote: "The meeting was attended by the undersecretaries of the miniseries of finance in the Arab countries and experts from the International Monetary Fund, the World Bank...in addition to the Arab Monetary Fund..." Everybody's there...they are admitting what they are doing...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Breitling The reality is what they're doing in Iraq is they're hitting everything. All cylinders are hitting perfectly. Everything is firing off and they're doing what they need to do. ** Frank26 [Iraq boots-on-the-ground TV Report] FIREFLY: The news is showing where the CBI sent a letter to the government of Iraq about talking and looking into changing the exchange rate...The Minister of Finance came out and said the private banks and our government are all talking with the CBI about the exchange rate...we are excited that they're telling us this. FRANK: That's wonderful news...all this talk about the exchange rate I know is extremely encountering but the promise is what's even more encouraging. You see they promise that they're going to give this new rate to you. The promise is going to be kept to you. ** Holly On Iraq: They don’t have to wait on the government. The goal of the CBI is to change the rate, not seat the government. The new rate will match the notes. Because they promised, it is in print.
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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 *** Regular GuyVital Brad Iraq IMO needs to seat their government. It's really going to be a critical move on their part...imo *** Mnt Goat There is so much talk about revaluating the dinar and at the same time we are getting all these articles on the surplus oil revenues, the size of the CBI reserves, etc, etc. So how much longer can they hold off without the major revaluation and movement back to an international trading status.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Kaperoni [People think] Iraq is openly discussing raising the exchange rate. The only talk is bringing it back to what it was 12 months ago... 1170 to $1. *** Frank26 Another rumor that really irritates me... Global Currency Reset...it's mathematically impossible. Yes there are many currencies that are paying fair and adjusting but not all of them can do it. It would be mathematically impossible. It's just garbage. There's no reset. There will be some currencies yeah but not the way they're exaggerating.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** MilitiaMan ...why would they revert back to a program rate that is not nor was ever international? Why would they have destroyed massive amounts a large 000 notes. Many of us watched the video on it specifically. The accounts at the CBI showed they payed for new currency. The obvious take away is that they are doing what they said they were going to do and that is to return to the glory days or in recent terms to the predecessor. 1190 doesn’t support new small category notes. Nor does it show that Iraq will be IMF Article VIII complaint 100%...imo... *** Kaperoni Those who have purchased dinar in hopes of making a significant amount of money, well it's not going to happen until Iraq builds an economy. Only with the success of Iraq's economy can the dinar go up in value. The dinar is not a lottery ticket. *** Frank26 The float will go faster than you realize. Know when to hold them. Know when to fold them. Good luck. Because I truly believe it's going to happen at an extraordinary fast-paced - accelerated by some recent events...they're forming their government ...at the speed of light...
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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 *** Sandy Ingram Several of you asked..."How Iraq is planning to build new schools, increase oil production and build new factories when the Iraqi dinar is worth so little?" The answer is oil revenue is paid in U.S. dollars. The Iraqi government is taking US dollar and growing the country using Iraqi dinars...Iraq's oil revenue each month is in the billions of U.S. dollars... *** butterfly OK...here is what we have been looking for folks...OMG...this is good news for them and us...Article: "Al-Fatlawi: The 2022 Budget Will Not Be Passed Until The Dollar Is Returned To Its Old Price" Quotes: "...The Draft Budget Law For The Year 2022 Will Not Be Passed Until After An Important Condition Is Met...The Iraqi Parliament, Will Work To Restore The Dollar Exchange Rate To Its Old Price, And Otherwise, It Will Not Allow The Passage Of The 2022 Budget Bill Until After This Condition Is Achieved..." ...If I'm right, which I hope I am, for all...the amount, if memory serves me, right around 2.85. All the Iraqi's were doing good with that amount even though they were under a dictatorship. *** Nader From The Mid East When I told you end of January beginning of February that's what's gonna happen. If they decide to put it back 2003 something like that would be $1.00 - $1.50; yes but if they talking about the 'previous' it's 1170...
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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 *** Nader From The Mid East [TV Report] Today in the Iraqi TV news (it's good news, but I'm not sure what they're doing) they said the rate is gonna change when they open the budget...But they keep saying to the "previous". The previous for us it's 1150, 1160, 1170 I don't remember exactly what it is, but they're saying that. When they say previous it mean the previous like that one before, it was corrected? Maybe I'm wrong...I hope they talk about 2003 or 2002 when it used to be $3.35 - $3.40...everybody is talking about it too in the cafe this morning...even if they put it out at 1150 and it floats it will go quick...two or three month would be a $1.50 - $2.00 something like that. *** Breitling Am I excited? Do I think things are coming down the road? Absolutely. 100%...Here's the thing, we talk about the past. We go back to the beginning of 2020 and they started talking about that they were going to reduce the value of their currency and just before 2021 came along, that's exactly what they did...they were trying to lower the value of their currency to pay off debt...they paid off their debt with Kuwait. They were ahead of schedule...you guys know they want to add value to their currency... *** Frank26 A dinar is a dinar inside the country, but the goal of the CBI is to reach the Real Effective Exchange Rate [REER]..!
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Walkingstick The CBI has its own laws for the monetary reform and it is now asking the GOI to open the budget that contains the CBI's work during the RV phase... *** Mnt Goat We are in a waiting mode. As many of you know the Federal Court announced on Wednesday 01/19 and adjourned the hearing for the election of the Presidency of Parliament until the 25th. This was a postponement of the plea to challenge the constitutionality of the first parliament session. So, I do not think we are going to see any action by the CBI in the project to delete the zeros until this is settled. We know this process will lead to the reinstatement.
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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: "THE CENTRAL BANK OF IRAQ: AN UNPRECEDENTED RISE IN FOREIGN RESERVES" Of course we already knew that the CBI has an unprecedented amount of foreign reserves. How do we know? They told us over a month ago...So are they telling us again? Is this to reinforce the coming revaluation and reinstatement of the dinar?... *** Vital Brad You're gonna want to have plans as far as trusts or different banking partners because they're going to want to get their cut on it. The international rate is going to come out at whatever rate it's going to come out at but they're going to try to take points off of it and put it in their pocket. I think it could come down to what you're willing to take, what you're willing to negotiate, how much you have. It's going to be an interesting process as we're trading it in, exchanging it. Definitely have yourself some good lawyers, a good team of financial [advisors], CPAs - a good team behind you before you do anything because we're going to be blessed with wealth. How quick is it going to be gone...? *** Frank26 We know we're all set with the monetary reform and we're waiting for the government to sit itself down, pass the laws, open the budget because that piñata - as soon as they bust that budget open it's going to spill candy all of over the place for everybody in Iraq...We're waiting for them to move their "REER"..!
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Petra The people [citizens] know what's happening and they're begging for it...there's a huge movement to get that rate changed because that launches everything...The rate is going to come out before the budget... *** Frank26 The topic of the changing of the exchange rate is on the lips of the government, the CBI and of you citizens now in the streets. Everyone knows what is about to happen so everyone is talking about it and everyone is demanding it...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Frank26 Article: "Opening a branch of the first Iraqi bank in the UAU" Dubai banks do not deal in used toilet paper...notice all these CBI private banks are opening around the world but not a single one is open yet...all of these baby banks from the CBI are sprouting out just like we told you. We call them satellite banks. They're all over the place now... ** Kaperoni I've been saying the same thing for years and guess what? I am right! Until Iraq has a parliament and passes the significant economic laws needed for foreign investment, forms a new government oh, and build an economy away from oil there will be no change in the exchange rate. ** MilitiaMan Article: - the headline is 'Releasing Money'. They have quite a bit of outstanding frozen assets that are out there. It's been a long time coming. We have been told over the years that there's a significant amount of money...Interpol talked about upwards of about $180 billion and there's been other comments in respect to upwards of $500-$600 billion in assets around the world...that's astronomical if they call that money back and put that towards their bottom dollar it could definitely support their Real Effective Exchange Rate...the timing of this all coming out at this stage is phenomenal. ** Nader From The Mid East I got good news for you this morning. The president of the CBI sent a letter to the government talking about the rate to be changed, but there's no decision made yet. When we say rate change you know rate is not going to be 1 to 1 first day...it's going to float for a long time...it's going to be tough to be 1 to 1...Iraq paid a lot of things I know but we still owe money to 12 countries ...the UN took us from Chapter 7 yes. We are out from the black list on the European Union...they are working hard. They are doing a lot of things. ** Petra We're seeing a lot of major things happening within Iraq...it surprised us that an article that came out...they said they are [having] discussions... [about] funds that could be repatriating back to Iraq that were either stolen from Iraq or have been on hold in accounts on behalf of Iraq until they go out of Chapter VII. If those funds are coming back, oh my goodness it could really impact...the free cash flow that would be available to help them build their infrastructure and build the country and bring in the secondary markets...that's a lot of money and there's a reason why they held that out this long...
