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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 *** Sandy Ingram *** Unbelievable income from oil exports in the first month of this year January 2022. Article: "Ministry of oil: Last month's revenues amounted to more than $8 billion" At the beginning of the week crude oil reached $91.20 cents per barrel...world economists are saying oil will reach $100 a barrel in the coming days...
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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 ***...As far as Iraq and the reinstatement, we just need to realize that the Central Bank is going to move to conduct the project to delete the zeros and then to reinstate the dinar soon... If Iraq is to accomplish this economic growth and international trade status, they must reinstate the dinar on FOREX. However, they would need to have an "International Rate" to put on to Forex, before they release it to Forex. The CBI can start anywhere they wish, but 1170 won't accomplish anything. They would need to have something comparable to other GCC countries - but I still believe it would need to be close to a dollar to start..! RON
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** RVAlready Article: "The Framework Announces The Move Towards Collecting Parliamentary Signatures To Change The Dollar Exchange Rate" Remember, this is just grandstanding. A few things to think on: Parliament does not set rates. CBI does. It does not matter to us what the dinar rate is in Iraq. The US rate will be set in accordance with treaty and 50 year oil future projections. The CBI asserted its right as the sole authority in setting rates just a few weeks ago...
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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 *** Clare BECAUSE THE NSCN’S (New Small Currency Notes) ARE MAINLY FOR THEIR PEOPLE- THEY WILL BE EXPOSED WHEN THE RATE CHANGES, OR AS FRANK26 THINKS, RIGHT BEFORE...THE PRIVATE BANK EDUCATION IS DONE…WE LITERALLY ARE JUST WAITING FOR THIS TO “POP” … THEY WILL NOT EXPOSE THE NSCN’s WITHOUT AN IMMINENT RATE CHANGE- THINK ABOUT IT WHY WOULD THEY? THEY CAN’T BE USED WITHOUT A NEW RATE… *** Kaperoni Iraqi media again today posted an article about new government returning the exchange rate to what it was 13 month ago (not a RV as the guru's say). Unlikely to happen because the central bank is responsible for monetary policy. Kap is blowing smoke and making a statement based on what he believes, and not stated in the media as he claims- nowhere have I seen any article that states the exchange rate will go back to where it was 13 months ago.
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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 I think if they do change the rate it's going back to where it was before. Right now you can get 1450 dinars for every 1 dollar and before they devalued it you used to get 1190 dinars for every dollar. I think what they're gonna do is...put it back to the original rate. Now there is a couple of things that have crossed my mind that makes me go maybe they might value the dinar a little bit more than that - Iraq is no longer paying Kuwait money. All that money now stays within Iraq...[Post 1 of 2] *** Pimpy ...in addition to that the price of oil keeps going up. Meaning there's going to be a lot more revenue coming into Iraq than before. Does that mean they could change the rate to something outrageous like a total RV or RI? ...Not yet...[But] I'm starting to think these increments might be a little higher...with as much money as they were putting in every month to pay Kuwait and as high as oil costs are going they're getting a nice little chunk of money coming right back to them...[Post 2 of 2]
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** 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...
