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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ...the news just keeps getting better and better...Ms Blashart is the Iraqi representative for the United Nations...Ms Blashart needs to give the thumbs up and encourage international communities to once again recognize the sovereignty of Iraq. That's what we want...We want Trump to introduce him [PM Al-Kazemi] to the world and say the same thing. That he's glad to introduce him and that it's time for the international community to once again embrace Iraq and their sovereignty. We need them to turn around and remove the restrictions on their currency so that it can finally trade on the Forex. These are the big steps that we need to achieve our goal...we're just about there. *** Footforward It's my opinion the rate won't be 50 cents. People have been asking me about this a lot today. Kuwait lied about their intention to RV. They flat out said they would never revalue and the next day they did so. Media lies. Why would the Iraqi media be any different? All I can say to that is that it's my opinion that it's impossible for the rate to start out below $3.50 ...! *** Jeff everything is moving towards completing right before your eyes. Yes, it does require some time but it is also moving towards completion. Since the current PM Al-Kazemi came into position everything that we've needed to see is now moving forward. Which is good...I can't stress this anymore. Iraq must have stability before the rate can change. They have to have stability. There's no way around it. *** Pimpy I know you guys have been told that there are these 800#s you need to call. There's no 800#s you need to call...I actually called one of these 800#s that was posted one time and it literally was to a pizza place....These 800#s are BS and I'd be very very weary of them. I'm just warning you out there. Be careful..! I was like what the hell is this about? What are these 800#s?...So I went into my bank....I bank at Wells Fargo. I called the manger over and we had a talk. The first thing that come out of his mouth was he said, "I must inform you we don't buy or sell Iraqi dinar...but if it gets reinstated and it's recognized and all the restrictions are taken off again here's all you got to do. Come into the bank. Get my attention...tell me you want to go ahead and exchange the dinar. We'll take a look at it, make sure the bills are real...then I'll tell you what the current rate of exchange is. We charge you a small fee...and you can just deposit it in your bank depending on how much it is..." -
Good Evening Dinar Vets, here's an article & some opinions & comments by Pimpy that might be of interest to you. Remember, no one really knows what will happen, or when. He is simply stating his opinions based on what hr perceives to be happening in Iraq. RON *** Pimpy ...an article came out by an economist... making a suggestion...about the dinar rate and the deletion of zeros... Article: "A deputy presents a roadmap to solve the financial crisis in Iraq" ...He is making a roadmap to where they think they need to be in order to get them where they need to be as a country...we know for every 1 USD you get 1190 Iraqi dinars... Quote : " Exchange rate - begin to gradually reduce the Iraq dinar price to reach 1500 dinars against the dollar until the end of the year 2020..." So if they increase the amount of dinars we get for every 1 dollar, that's obviously bad for us. That means they're lowering the value of the dinar. The smaller this number gets, the better it is for us. So they're saying they wanna increase the rate to 1500 dinars against the dollar until the end of the year 2020 and then review the economical situation...this is a suggestion. It isn't written in stone...they are talking about a rate possibly (again this is just a suggestion) by next July of 56 cents...(Post 1 of 3)... *** Pimpy Why are people complaining about this? You've invested very little into a currency and they're willing to give you 50 cents for every one dinar? ...this is a suggestion. They're saying this is a roadmap and they're explaining why they want to do this...You will probably never get another type of return like that on any investment ever again. People say, "Does that make you mad?" No. I would be happy with that...I would still be very well-to-do. Sure who doesn't want more. Who didn't want the $3.22 rate. I would love that. I would have been happy with the $1.13 rate or the $1.34 rate...Let me ask you guys a question...if you knew for sure you were gonna get back 56 cents for every Iraqi dinar and you knew you weren't gonna get it until next July - Are you pissed off? Are you mad? Are you unhappy with that type of return on your money? I mean seriously, are you? Because people are complaining about it...(Post 2 of 3)... *** Pimpy Having said that, I don't want people going, "Pimpy said this is what it's gonna be." No. I'm not saying that. This article is brought to my attention...don't stress over this. This is just a suggestion. We've seen articles like this all over...there's a part of me that thinks that might be fine that they start off there but don't be surprised if it starts going up after that. Maybe not right away. Maybe they'll keep you guys fooled for about a month. 4 months. 6 months. Just to see how many of you guys start bringing in all your dinars. Then you start to see a movement on the IQD and it starts going up. This is just a roadmap. No I'm not saying that's what's it's going to be. What I'm saying is according to this article that's about where they figure this out. Lower the value and then remove the 3 zeros off the rate and then move it into somewhere around 56 cents for every 1 dinar...(Post 3 of 3)...
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Delta *** 2 DINAR PER $ ...THE PLAN IS...STATEMENT FROM PARLIAMENT...MORE INFORMATION SHOULD BE COMING OUT... [...are you saying the plan is for the Dinar to come out at .50 cents? 2 Dinars equals $1.00 USD.] YES THEY ARE SAYING THAT IN PARLIAMENT ON TV...WE SHOULD GET MORE INFORMATION SOON... 7-15-2020 *** Mnt Goat *** ...we definitely know they know about...corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long? ...I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July. So we can expect to see articles on this subject matter within the next weeks. ...In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result. *** Pimpy *** ...Every day it looks like we're closer and closer. Not only that there's a move right now by the UN to reestablish the sovereignty of Iraq. I told you they were gonna do that didn't I say this was gonna be their goal. That's what we're hoping for... ... I'm more than ready ... are all of you..?? RON
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Good Morning Dinar Vets, here's more opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Petra ...I've been consuming a lot of popcorn. It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI. I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with. The impact that's having on everywhere is really quite amazing. What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO. It's exciting to watch. It truly is a play in progress. We're getting to that final end game... *** Pimpy I want to make something perfectly clear because people are conflating something I'm saying. When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency. Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed. Somebody's telling me 'There is no restrictions.' Yeah there is. There's big restriction on the currency. That's what we're anticipating. An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty. It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex. That's what we want to see...I'm expecting these next two weeks to be really big... *** Adam Montana ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually. *** Adam Montana When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges! I believe that Iraq can sustain a very stable currency at a rate of $3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so...(post 2 of 2)... These were taken from another site that follows Adam's Opinions and posts snippets from them. His entire chat can be viewed at: (LINK) *** Pimpy I would love to see Dr. Shabibi come back. It's been a rumor. He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back. It'd be a huge positive step. I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...(From Yesterday)
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Good Morning Dinar Vets, here's more opinions & comments by our Adam Montana that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Adam Montana *** Speculated rates and theories: Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits. Based on "dropping the 0′s": It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things: 1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost. 2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees.. (post 1 of 3)... *** Adam Montana *** Based on “equal to the USD”: We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000. Based on “they can’t RV low or investors will buy too much!”: Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.)...(post 2 of 3)... More to come..! This was taken from another site that follows Adam's Opinions and posts snippets from them. His entire chat can be viewed at: (LINK) Adam Montana Weekly 12 July 2020
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Good Afternoon Dinar Vets, here's a few opinions & comments by Frank26 & Adam Montana that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 *** [Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?"] The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. It will be Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly... *** Adam Montana *** Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020] Also in this morning's Opinions ... I believe the way Shabibi worded it (as I recall) when questioned, that with Iraq's resources, the IQD could support a $14-$16 valuation. He never said it would revalue at such a rate. Also, the number of IQD out (in the global community) at that time was significantly less than today. RON
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Good Morning Dinar Vets, here's a few opinions & comments by Frank26 & MilitiaMan that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 *** When the value goes up may I suggest you walk don't run. In the same way that I suggest don't pick up the phone and tell the world "guess what?" Shhh...Don't feel that if it went up in the next hour - don't feel 'oh, gosh I've got to get to a bank right away. Oh, I'll get to a bank tomorrow morning!' Think twice about that. It's up to you...IMO the Central bank of Iraq is not going to retrieve the 3 zeros right away...I don't see where they're going to say 'okay we just raised the value of our currency and the 3 zero notes we're gonna cancel them out. You're out of luck sucker!' ...I don't know how long they're going to give you though. They say they coexist with the new small category notes for about ten year but that's in country. How long will they be good outside of the country of Iraq? I don't know...I don't believe that we have the issue to run right away when the value goes up...watch, look, listen, learn from others. Learn from their mistakes... *** MilitiaMan *** Article: "A Kurdish deputy reveals the fact that Baghdad refused to receive the Kurdistan delegation and the reason for his late visit" Quote: "The Kurdish delegation will visit Baghdad next week, and it is awaiting the easing of the conditions that Baghdad requested from the region with regard to oil delivery, and revenues of 50% of the border outlets...There is hope regarding negotiations between the territorial and federal governments, after entering international mediation, that a comprehensive agreement will be reached between the two parties." I can just imagine the room they are in and how many international entities are working to help the mediation process through to the finish. We all know this is about money and salaries, however, it is even more than that. It is about the 2019 FMLA too..imo The trigger for money/foreign currency reserves to get a leg up... When there is an RI, you can bet your bottom Dinar that there is going to be some serious money movement and not just in Iraq...
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 *** There's some of you that say, 'guru XYZ' says there's no taxes to be paid on this capital gains - none. Like our government is going to allow that..! Oh, the fantasy of it all...I think you have common sense. You know very well this is a capital gains...(Note: Always speak with your tax professionals at the appropriate time for how this exchange will be taxed for your individual situation.).. *** Pimpy *** There's a major major announcement that happened today...What is going on? A message from the EU that takes us one step closer to what I was talking about. I do believe when Al-Kazemi comes over here I'm hoping we're gonna see a push by Trump to recognize the sovereignty of Iraq...look at this message - Article: "The Anti-Money Laundering Office issues a statement on the European decision: Iraq will be removed from the list of high-risk countries soon". This is great. This means you start removing restrictions off of Iraq and start recognizing them on the International scene. This is big news. I have a feeling they are waiting for this announcement. What announcement? ...I think we're waiting for the big dog himself to come out. Our President Trump to come out and make this announcement that we need the international community to once again recognize the sovereignty of Iraq. I believe that is coming as long as they continue to do what they're doing right now...this is super huge news. ***************
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Petra *** ...IMO, everything is at stake for this country known as Iraq. They need to change and get into the international world as MM [Guru MilitiaMan] has shared many times the need to access those secondary markets, loans, SDR, all those things he has hammered are spot on IMO. There is no turning back. What options are there....N O N E!! Did I emphasize that enough? ...Stay strong family...it's coming!!! All IMO... *** Footforward *** ...I just want to encourage you guys that we are really close. *****************
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** Adam Montana **** ...HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place. P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory...Kazzammie just barely got in office...IMO, things are moving very quickly right now and since he took the wheel...We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! ...When this is all over, it's going to seem like it happened in a flash...This is taken from another site that follows Adam's Opinions and posts snippets from them. Adam's full chat can be found at link: Adam Montana Weekly 8 July 2020 *** Frank26 ...I dreamed about a very big meeting. A sit-down meeting is coming up with a U.S. delegations, including the Fab 4 and Pompeyo as well, to introduced a new exchange rate for the Iraqi dinar prior to or during this meeting...the IMF was there. The World Bank. The United States Treasury. Representatives of the White House for President Donald Trump. The AMF. In my dream I saw the GOI and CBI meeting and talking about the introduction of a new exchange rate for the Iraqi dinar...everyone was there. They were standing shoulder to shoulder to make the announcement of a new exchange rate for their currency...the main reason was just to announce this but to "sell" the announcement to the citizens...the citizens must see that all of these shoulders to shoulders are standing united... *** MilitiaMan Article: "A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?" Quote: "This year, we entered the seventh month, and the banks distributed all new!!!” The new "edition" money is looking to be a poylmer strengthened paper. imo...it is not adding up that this is not more than just replacing old notes... We have heard that there were leaks about money movements. ...They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.! ...So from my view this looks very promising... And...this may very well be more leakage if not flat out education a change is coming... imo..! We shall see...!
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 Question: "I bought my dinars 15 years ago and I lost my receipt...I need my receipt when I go and exchange my currency?" No you don't. It's your currency. You possess it. If you were audited by our government and they wanted proof of purchase when you bought it to determine what percentage capital gains tax you're gonna pay yeah you better have a receipt...that's about paying your income tax... Question: "I lost my "certificate of authenticity?" Ain't anybody gonna ask you for no certificate of authenticity silly rabbit. They're gonna take them [dinars] and they're gonna run it through their books or their machines and they're gonna tell you this is legal or not...that certificate of authenticity is nothing more than a business card... [Note: Speak with your tax professionals at the appropriate time]..! *** Mnt Goat Today is Tuesday and we will quickly move through July. There will be no revaluation or reinstatement, this I can say with certainty...I have checked with my CBI contact and they do want to execute the last phase of the project to delete the zeros, however they must have the political incentive to do it too and this they do not currently have. Yes, the currency auctions do still continue but under the supervision of the finance committee. Yes, the CBI did stop the currency auctions but all they did was turn them over to the finance committee for supervision. Get it? Folks, there is no other way they can import goods and services without these auctions...(post 1 of 2)... *** Mnt Goat But the good news, if there is any, is that discussion with the stakeholders from the private sector, suggesting Iraq must stop the currency auctions now, which they say is the hard currency bleeding on money out of Iraq. In light of the suffocating financial crisis that the country is going through, by stopping the work of the window of currency sale it will help immediately in helping the crisis. ...Remember these auctions were never meant to continue and they are way overdue to end. But corruption keeps them going as billions are illegally funneled out of Iraq to Iran...(post 2 of 2)... *** Delta ...the raising of the value can take all the way down till September...July is out the window for me. They already started paying the salaries for July...for them to come out and tell us they do have salaries all the way down to August then it's logic that we might not see anything till September...I'd love to see this tonight or tomorrow but there's some work they still need to do...! And the Beat Goes On...!
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Good Evening Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 Article: "Al-Kazemi and Parliamentary Economy Discuss the White Paper prepared by the Council of Ministers". "Al-Kazemi: The government prepared a white paper for the expected reforms" ...what were they prepared for? Were they prepared for people to constantly say, when is it going to happen? Why haven't they pulled the trigger? What's the matter? It's never going to happen. You guys are being misled.' No. The government of Iraq is not playing games and the reason why is because Kazemi was put in there by the President of the United States...Donald Trump wants everybody to play fair with the currency of the Untied States. And that's why they shut down the auctions...the evidence before you is so clear. So obvious...monetary reform is soon to be announced and the world is pouring in to help them with...economic reforms... *** Footforward [Q? : ...will I have to have receipts for tax purposes?] I honestly don't know if anyone really knows how this will be taxed yet. Receipts help potentially but I don't have receipts for all of mine either. There are alot of ways to defer taxes too. [Consult your tax professional at the appropriate time]..
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Good Morning Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff ...I recently spoke with my Iraqi contact who does work for the Iraqi government...one thing that he stressed to me is the general news that you're seeing is not enough news for anyone of us to utilize...to guesstimate when the rate change can happen. We have to look at the bigger picture in this...You have to follow the movement of the money...Late last year Iraq put out some key articles saying their 2020 budget would have huge things in it...basically a lot of post rate change stuff suggesting that the 2020 budget is married to the rate change. But we never saw a 2020 budget...the fact that you have not seen a 2020 budget...confirmed...that the budget is indeed married to the rate change...That's why they have to hide the 2020 budget from you...it's that simple now. *** Frank26 ...how to do the exchange when the time comes...this is just my opinion...ideas...the banks - they're in business to make money. One of the ways they make money is when they exchange currency. They charge you a spread. I will do everything possible...to make sure that that bank that I decide to do business with gives me the best deal possible. I will demand that they don't even charge me a spread. If they insist. Let's talk that spread down...then talk about some perks...don't just exchange IMO...you are in control. That bank wants your business...you don't want to be rude but stand your ground... *** Pimpy Iraq is talking about the rate change. Good or bad? Article: "Parliamentary Finance warns against moving toward changing the dinar exchange against the dollar: 3 categories will pay the price!" Quote: "...until now we have not seen the draft of the Financial Reform Law but there are information and leaks we report that there is an intention to change the exchange rate of the dollar against the dinar..." ...they keep making the case for why you can't devalue the dinar which we agree with 100%, because we want them to increase the value of the dinar...
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Good Evening Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff *** The rate change now can only go one of two directions...if they do implement a semi-annual budget October through March then they're gonna have to change the rate during the month of September of this year. It's that simple. But if they don't implement a semiannual budget then this could be dragged out until March of next year. That's what we have to watch...there's actually so much good information pointing to the second half of this year...they showed us the "white papers". That's the roadmap for the rate change. Then they even came out really studying and analyzing the exchange rate in great detail...IMO that suggests to me they're probably preparing to change that rate...late September...but I'm not giving you a date. I'm just bringing you facts from a broader level...the news is amazing right now. None of us want to wait but it's nice to know more about where you stand... *** Frank26 *** Once a currency exchange occurs - Don't you dare let your dinars out of your sight. Do you notice my emotions went up? Good. "Yeah, we'll take your dinars, we'll make sure they're verified and we'll let you know." No. "We're going to send your dinar to the main headquarter bank in the capital of our state." No. Find out where they were going to send it and you go there...Don't you ever let your dinars out of your site...The hardest part is about to begin. You think waiting was hard to do? Waiting is nothing compared to what you're about to get involved with. *** Pimpy *** ...I go around and see what other people are saying and I'm concerned that it seems like every little tidbit of piece of information that comes out they're magically finding a away to link it to a rate change. Don't do that. There is enough good news out there that shows us that we are heading in that direction without a doubt...be careful about things that are being scrolling around in our dinar community. Not every little thing is an automatic proof that an exchange rate is gonna happen. Look at the bigger picture. See the agenda. See what's going on. To me that's a lot more clearer picture of what's happening and that is the restoration of Iraq's sovereignty and their removal of currency restrictions on the international playing field. That's what we're looking for...
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Good Morning Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump... *** MilitiaMan Article: "Trebil port achieved more than 24 billion dinars in revenue last June" Quote: "What has been achieved from the increase in revenues as a result of the tightening of control and auditing procedures..." Here we go... They are getting the lead out... I like it. They have to at some point to literally go live with the market economy! This is an example they can! This is the confidence they need. Borrowing money to pay salaries in the way they imply is silly and not good business practice imo...
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Footforward [Q? : Do you feel we are within days] ..absolutely I do. If only he was right for a change - it would be great for everyone. Now, here comes the disclaimer....I don't know how many days yet. But yes. The word is in motion. The word of an increase in value has been in motion for well over 10 years...LOL..!! RON *** Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency... And the Beat Goes On...! Have a great Sunday everyone ... RON
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Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 ...whenever the value goes up are you gonna call every Tom, **** and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself. Until then...we wait..! *** Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.***
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Good Afternoon Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...! *** Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies. *** Footforward [I think most would be happy for a 1:1 rate.] It won't be. It's supposed to be higher. Reallyl, I wonder how he knows what it's "Supposed" to be...! RON *** Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure, but it definitely looks like there's something big going on, and the Iraqi dinar (believe it or not) is a big part of it..! GOD bless America...!
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Good Afternoon Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy [Quick dinar history overview for newbies] ...they dropped the value of the dinar very very low. Right now for one dollar you can buy 1190 Iraqi dinar if you can find them. What people are doing is they're storing up on them waiting for the currency to be reinstated to its pre-Saddam rate of $3.22. There's people out there that's been waiting 12, 15, 16 years...some people are frustrated so now they have no faith in them and you'll hear them talk crap from time to time and say this is a scam. That's fine everybody has their opinion...the whole purpose of the Iraqi dinar news...is explaining to you why I think it's real and in what it is we're looking for that tells us...its rate is about to be reinstated... we've been patiently waiting for the rate to be reinstated and we have reason to believe that's gonna happen very very soon... *** MilitiaMan ...They have to raise the exchange rate of the dinar, not the dollar and this is where we are at...they've been telling us and telling us and telling us and we're just waiting and waiting and waiting but the fact remains is now they're at the precipice. They don't have money to pay the salaries. They said they were going to do it. ...the pressure is so hard on them to get this done it's probably unbelievable...that's why I've been focused to some degree on these next couple of days to see what they do. Typically they're gonna have to have an excuse when they don't pay these people...they need to raise the value of the exchange rate. *** Jeff Article: "The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment" ...this level of news right now is walking you into September ...the rate change is married to a budget so if you follow the movement of the money you can piece this together...we need to see when that budget goes into effect because the budget and the rate change are married together... they're showing you they're tentatively walking you into September. I'm not giving you a date I'm just giving you an approximate generic information that they're bringing fourth - trying to help you decode this and put the puzzle pieces together... *** Kaperoni A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally taking the steps necessary. *** Pimpy ...I have a feeling this is going to be a really big month for us. There's a lot of things that are popping up that seem to be pointing to this month being a big month. What that means exactly? I'm not sure. There's a lot of speculation...Al-Kazemi is supposed to come here to meet with Pompeo and the president. I told you one of the biggest announcements that we're hoping to hear, and they do it out in the rose garden, is that Trump is encouraging the international community to restore the sovereignty of Iraq for them to be recognized and embraced buy the International community. And he announce the lifting of the restrictions on the currency and that allows it to start trading on the Forex. That's what we're watching for. That's what we're hoping for. And our wait continues, so have a good evening DV....RON
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Good Evenig Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mtn Goat ...I know for a FACT that it is not the CBI so much that is holding back the currency reform portion of the reforms but the “powers to be” (PTB) who may feel Iraq is not yet ready and the Iranian influence and corruption is still not under the desired control. Iraq still also needs to make good on its promises to diversify and get off of oil as it’s sole source of revenue. There have been mandates handed down to Iraq to implement before they can or will get back their currency... *** Footforward [Q? : ...that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. ...what do you...think about this statement?] [Reference Mnt Goat post 7-3-2020] I absolutely disagree. No one in their right mind would give Iraq a loan of any kind and they had been rejected over and over for loans until the white papers came out. Now suddenly, even Mike Pompeo says they will lend them all the money they need? The people loaning them money have an assurance they will get their money back. With oil prices being so low, the only thing that makes sense is an RV. That's my opinion...(see Mtn Goat post referred to following below): *** Mnt Goat ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry! For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying…(Reposted for above comment).. *** MilitiaMan Article: "Specialists warn of the repercussions of the devaluation of the dinar" They are beating this into peoples heads... They are not going to devalue the currency... End of story. They are going to go to a market economy. That requires Article 8 compliance...imo. Article 8 compliance is to raise the value of the IQD. imo. *** Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally... Have a happy & blessed July 4th weekend ... RON
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Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that... *** Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it...(Post 1 of 2)... *** Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck...(Post 2 of 2)... Have a Blessed Day everyone...! RON
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Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Petra ...All the effort. All the work. All the development. All the mechanisms. Everything that's been done. Everything that we await. Can it be done without a change in the rate? It can't. Everything we're talking about here is critical...Every single thing we've been talking about the last several weeks must have a rate change for it to be engaged...it's a time bomb and it's ticking down... *** Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be... *** Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
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Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it. *** Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up... *** Ray As of yesterday, June 30, 2020, the employees salaries were not paid. TV reporting sources in the CBI reveals a development that will allow the distribution of the June salaries within 2 days. A source pointed out that the ministry will start tomorrow, Wednesday, to send a notice to banks to gradually release the salaries of employees in ministries, government departments. The Parliamentary Finance Committee said earlier yesterday, Tuesday, that the government’s financial liquidity to pay the salaries of employees is available, stressing at the same time that the ministry did not send a directive to banks to pay salaries. Things are looking very promising folks ... keep praying ... RON
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Good Afternoon Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never. *** Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for... *** Adam Montana *** These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close..! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV..!!! This was taken from another site that follows Adam's Opinions and posts snippets from them. You can see Adam's full chat at (link): Adam Montana Weekly 1 July 2020 *** MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
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Good Morning Dinar Vets, here's opinions & comments by Breitling & Jeff that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is... *** Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks... Here we go again...!
