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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 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: the ticker down at the bottom [of the TV screen] is telling us that the CBI will have a series on our television that they're going to explain about our currency why it's going up in value and also why our federal reserves have gone up and then they're going to tell us what the deleting of the zeros means and how it is good for our economy. How it is good for Iraq...they're going to show us the 'pros and cons'...yes we're excited. *** Pimpy Nobody out there is getting these special deals. Nobody's going to get you guys together in a big group and get special rates. I know there's all kinds of scams out there going on like that. People telling you to send a copy of the serial numbers and all that kind of crap. Don't fall for that. It's fake. I hear from people all the time saying, 'Pimpy have you heard about this? I did it and I lost my dinars.' Yeah, that's why I keep telling you guys anytime anybody asks you to part with your dinars - I wouldn't trust that situation. *** Frank26 THE CENTRAL BANK HAS ALL IT'S DUCKS IN A ROW INTERNATIONALLY... ARTICLE 8 THEY'RE FOLLOWING ALL THE RULES, LAWS AND REGULATIONS OF THE IMF..!!!
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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 *** ...There is far to much information out that supports Iraq is about to go international with a new exchange rate with the real value to go with it...There is proof that the WTO suggests that there is imminence to ascension and there is more on that matter to come out, as early as next week...the positive effects in play now have made the environment today what it is so that the investors and private sector can flourish once the exchange rate with real value is exposed...imo... *** Adam Montana *** Whether you see and acknowledge the progress or not, Iraq is continuing to move forward. The wait can seem eternal if you look at this situation through a microscope, but the big picture is much different. Many of us have been here through some incredible changes, even if we haven't seen THE change we really want...Here's a prime example of the progress we can see clearly - in May of 2021, the number was 6 billion. Article: "More than five and a half billion dollars in Iraq's oil revenues in a month" Just a few short months later, we are reading 7.66 billion. Article: "Iraq: $7.66 billion, the value of crude oil exports during October". [post 1 of 2].. *** Adam Montana *** The increase in dollar amount isn't just from the increased price of oil, either - Iraq is refining their entire production system, exporting more efficiently, and making progress. The price of oil isn't hurting them, either. Every time I look at this situation in a "big picture" way, I can't help but get excited. There's really only one way for this all to end, and that is with an increase in the value of the Dinar. How could it not end that way, when everywhere we look there is proof that, indeed, Article: "IRAQ SUBMITS A PROPOSAL TO COMPETE WITH THE WORLD ECONOMY" Quote: "Iraq possesses great and enormous wealth that allows it to be a major economic player," This has never been a question of "IF", only "WHEN". Stay positive, grounded... GOOOOOOO RRRRRRRVVVVVVVV!!!!!! [post 2 of 2].. These posts were taken from another site that follows Adam's postings, and they post snippets from them. You can read adam's full chat on the DV Chat Logs Forum at: Adam Montana Black Friday update 26 November 2021
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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 There's no back numbers. There's no back screens...Nobody has the codes. There's no military intel. There's no redemption centers. There's no 800 numbers...When the time comes and you feel like changing in your Iraqi dinar you will go to an exchange center, unless it's some astronomical amount that they gotta give you, then...you have to wait until you find a bank that will allow you to deposit the money...That's it. You don't have to turn it into nobody. Don't get scammed. Nobody's going to get you together in a group and get a better rate. The rate is going to be the same for everybody. *** Frank26 Question: "After the reinstatement occurs where will we look to find out how much time we have to exchange certain notes...? I assume they will expire at different times?" Yeah, there is a possibility they will expire at different times. There's also the possibility that they will all expire at the same time...we don't really know...Here in the United States of America we still have three zero notes that are legal tender...
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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 [Questions: When the CBI withdraws most, if not all the 3 zero notes, will these three zero notes be null and void to you and me? Will we be able to go into an American bank and say, 'here's my 25k, I'd like to exchange it for the new exchange rate that the CBI put out'? Is the bank in the United States going to say to you, 'no, those are null and void. They were taken out of circulation.' ] No..! The action is to remove the physical three zeros from circulation - period end of story...that's what they're doing at this very nano second...Mustafa said to the citizens, '...3 zero notes...will coexist with the new small category notes. They will be legal tender.' Why Mustafa? Because...it's going to take a little time maybe up to a year or more to retrieve the "mattress dinars" not just from inside of Iraq but from the whole world. You. *** Sandy Ingram Aricle: Prime Minister Al-Kazemi "My house was the target of a cowardly attack but thanks to God I and those who work with me are in good health..." There has been continued unrest since the elections in October...there are protests over the results. Pro Iranian groups lost seats in parliament and they have threatened unrest. We find this news to be extremely upsetting...
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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 Article: "Central Bank of Iraq begins to activate self-management of foreign reserves" Iraq's increase in foreign reserves since the devaluation last December and now the announcement of self-management of foreign reserves all points to a country coming onto the global financial platform...the increase in foreign reserves is a good thing, a really really really good thing... *** Frank26 Question: ["Once this change takes place...have your friends indicated what the time frame on calling in the three zero notes may be? Are we going to have 30 days? 90 days? Maybe a year?"] We don't know. We know that by standard it's usually at least up to a year to coexist. I don't think that is an issue because if it was our friends would have been told already and they haven't...it would be very bad because you think you're the only one that has dinars? Hundreds of counties have dinars in their reserves right now. And what you're going to screw them all over? Iraq is about to become the Mecca of financial currency in the Middle East...they will coexist...
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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: "Iraq Announces its Imminent Accession To The World Trade Organization" We've been waiting for this. This is big. Once they are in there they really start becoming big players on the international scene...being in the World Trade Organization does nothing but help the economy as well as strengthen the dinar... ** Mnt Goat ** Remember to keep Iraq also in your prayers. We are so close to getting this GIFT but remember this gift is first for the people of Iraq. Then we as steadfast investors deserve to share in the wealth. HAPPY THANKSGIVING to everyone on DinarVets ... May Almighty God bless each one of you and your families ... 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 *** Sandy Ingram The information you want to keep track of now so that when your tax professional asks you for this information it will enable he or her to complete your taxes accurately and with ease...more than likely you will file your IQD capital gains...They want to know the sales price or the cost that you paid for the Iraqi dinars [and how many]...the date that you purchased the Iraqi dinars...the date that you sold the currency...that's what you must do right now. [Post 1 of 2].. *** Sandy Ingram For this example...we are going to say...you have over 1 million Iraqi dinars...We're going to say that Iraqi dinar floats to or equals 1 dinar to 1 US dollar...when you do the math you find out quickly that your total tax would be right around $335,423. Do I need to repeat that? $335,423. That is how much you will owe the IRS. I know some of you don't believe in the IRS. Others say it's not a real government agency. And some of you up until now have never cared, but let me tell you, if you want your profits...you're going to need to claim the financial gain...[Post 2 of 2]...[NOTE: Some others feel your tax will be based on Ordinary Income not capital gains. So, consult your tax professional at the appropriate time so you pay what the IRS expects you to pay.] Sandy is giving us some very wise and sound advice. We don't know when any increase in value will occur, but when it does many of you will choose to cash in ASAP ... so her advice is: "BE PREPARED"..! 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 ** Mnt Goat ** ...Remember we are getting very close to December and so if the CBI is going to reinstate the IQD on FOREX in early January we should expect some action now for the “Project to Delete the Zeros” and a strong education program to get underway to let the citizens know what to expect. We should also see pictures of the new lower of the lower notes. My source in the CBI is also now telling me that they are preparing an announcement and a long educational program to air soon in Iraq. WOW..!!! ** Pimpy ** There are rumors going around that the IQD or the Iraqi dinar is going to be revaluing tomorrow. That obviously is not true. There's no announcement whatsoever. When they go to make the announcement they're not going to tell people ahead of time. Just calm yourself people. Use common sense. If they were going to tell people in advance when they were going to revalue the currency and how much people would flood the markets trying to buy as many dinars as possible so they can get super rich. They're not going to announce it. They'll just 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 *** Mnt Goat ...The “White Paper” reforms clearly states to take the Iraq dinar to international and trade it on a global trading platform like for instance FOREX...We know also in the White Paper there is plans to harvest the revenues to the GOI from the customs and tariffs. They told us already they are using the most modern software for collection of these taxes and fees. This software ties into global currency exchanges. The IQD must be on the exchange to use the software appropriately. *** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Firefly: They are talking to us about the gradual increase in our rate. He says it will help monitor our currency so no one can do corruption on the dollar exchange rate. They're saying this will help monitor the exchange rate closely. Frank: I understand what they are telling you but they're not explaining it correctly. When we came into Iraq back in 2003 it was something like 4500 to 1. Now what is it? 1190 [1450?] to 1. That is the gradual increase in your exchange rate. It is correct what they are saying to you, they're just not explaining it to you. The goal now is to take your exchange rate to 1000 to 1 and then 1 to 1 internationally with a float...this is exciting.
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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 *** Adam Montana *** ...AS ALWAYS, I'm still here with my finger on the pulse of "all that is Dinar", I'm in constant communication with my contacts, and I can't wait for this to be my last public update! As of now, we don't have any official RV news. This was taken from another site that follows Adam and posts snippets from his remarks. ** Frank26 ** Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" Quote: "The (former) Director of the Financial Supervision Bureau, Salah Nuri, has determined, on Tuesday, the possibility of restoring and considering the previous dollar exchange rate." THE GRADUAL INCREASE IN THE IQD EXCHANGE RATE HAS ALREADY OCCURRED AND THE CBI EDUCATION EXPLAINED IT TO THE CITIZENS...YOU ARE NOW GOING TO BE MOVED TO 1000-1 TO BRING IT BACK TO 1-1.
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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 and Frank26 Our bank firm gentleman are constantly meeting with the CBI because they own banks and have to be updated. They just had some meetings in the last few days with the CBI and it is a possibility that a certain value and a certain note count of the 3 zero notes that the Iraqi citizens are using right now in the Iraqi banks are soon not to return into circulation inside of the country of Iraq...when they pull out the 3-zero notes from the Iraqi banks that's when these 3-zero notes will be replaced with the new small category notes. [Post 1 of 2].. *** Walkingstick and Frank26 [Q? ; What about the new rate?] We don't know when the new rate will be released because these meeting have not stipulated a date of when the new small category notes will be put into circulation...IOO the date for them to give the Iraqi citizens the new small category notes and the new rate is a date in titanium. It exists. It is a definite date... Right now the education is with the new small category notes and the new exchange rate. The citizens of Iraq just have not received it in their hands to walk with it in their streets because the education is still going on. [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 [Firefly boots-on-the-ground Iraqi TV update] Firefly: Allawi - the guy you told us to pay attention to is talking about our exchange rate. He just told us on TV that our exchange rate should have been changed years ago. He said it needs to float...and then he described how a float is based on supply and demand verses a fixed rate that is backed by gold. He says we also need the lower notes out...he talked about how Iraq already had digitally fixed the lower note issue - just need the lower notes on streets. Frank: The Finance Minister comes out and tells the Iraqi citizens, 'We need a new exchange rate. We need a new currency. [Post 1 of 2].. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Frank continued: In fact you guys are loosing money and the reason why is because they don't have enough change to pay you back, you don't have the currency for it. The new exchange rate is going to be calculated on a different denomination - these are lower notes.' We call them small category notes. Same thing. Wow! Firefly: Then Kazemi comes out and he is also saying to us there is a new exchange rate. And he says to us an exchange rate change would be for the Iraq citizens - for the people of Iraq - not for the government. Frank: ..Mustafa will talk to you in two days. [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 25 page PDF file from the CBI that was given to the citizens of Iraq. It is a step-by-step-by-step of what they're doing with the monetary reform. It was given to them at a University somewhere around Basra. It was what was presented to them on their television but not to you - the explanation of why they're raising it [the dinar]. ** Mnt Goat ...in December 2020 the CBI did a major devaluation of almost 22%. So, when most of the news from Iraq is now talking about a “revaluation” they are only talking about bringing it back to the pre-December 2020 rate from the 1450 rate but still within the program rate. This has nothing to do with the project to delete the zeros or reinstatement which we know points the way for we want. ...We want a reinstatement to get off the program rate and for the IMF to announce the new SDR basket that includes five currencies of the major developed countries including Iraq as part of it. This is when the dinar goes international. [post 1 of 2] ** Mnt Goat We do not go to the bank until it is international...Once reinstated on FOREX we go to the bank and not until...They also are going to switch over to the Quantum Financial System (QFS) as the same time. The QFS already now contains the new set of rates to adjust them according the Basel 4 asset backed. The rate of the dinar was showing at $4.81 this week. WOW..! [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 ** Pimpy Article: "The UN Security Council: We support the independence, sovereignty and territorial integrity of Iraq" This is big. One of the biggest steps towards Iraq being able to really truly revalue their currency is they have to be a sovereign nation. The reason why their currency was devalued was out of punishment so once they're recognized as a sovereign nation again they're...able to make their own decision without asking for permission... ** Walkingstick and Frank26 You're going to be loaded for bear every day from now on. The final countdown is very loud. The final countdown is in place. But more specifically and this is really powerful, monetary reform final countdown is in motion. Mustafa and Neil Armstrong both have something in common - Neil Armstrong took a step for all mankind. Mustafa and Kazemi are about to take a step for their mankind, the citizens of Iraq. ** Frank26 Question: "When will the small notes be distributed?" When they distribute the dinar that's the day that it happens...I have no answer for you. I don't know when they will be distributed but I do know that they've already shown them the example of what they used to use back in the 40's and told them you're you're now going to use the same thing pretty soon so make sure you understand Iraqi citizens what we're 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 ** Pimpy Article: "Demands to revaluate the dinar, the government responds" They accomplished what they wanted there's no doubt about it. Quote "...the economist said...the exchange rate of the dollar should be gradually reduced to thirteen hundred dinars while keeping an eye on the cash transactions..." ...I think in the beginning it's going to be small increments because they want to see how it affects the economy. So the increase went from 1190 dinars for every dollar to 1450 which isn't good. We don't want the number to get bigger we want it to get smaller. They're talking about meeting halfway to 1300 dinars. That might be more realistic. It might happen but I think this is what you're gonna see. Increments. Gradual increase. But a lot quicker than people think... ** Mnt Goat I firmly believe Al-Kazemi is going to be the next prime minister...the Sadar coalition won the majority during the election last October and the party is strongly considering al-Kazemi as their candidate and they told us so...I believe they will not revalue the currency until this is “officially” announced and al-Kazemi is seated...the reinstatement of the currency needs a stable government and getting the newly elected prime minister in place is part of a stable government. ** Pimpy Again more Iraq dinar exchange rate talk. We know where they're going with this... Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" ...there is a lot of talk about the exchange rate - back-fourth-back-fourth... My thought is that they're gonna at the very least put it back to the rate it just changed from...right now you get 1450 dinar for every one dollar. They're talking about going back to the old exchange rate which is you get 1190 dinar for every dollar...you want that number to continue to shrink. At least we're taking a step in the right direction...I'll take it in increments as long as it's consistent... ** Mnt Goat ...the real target we can put our arms around is still the early January 2022 timeframe. This is the only date, if we wanted to speculate, that makes any sense...The CBI has told us over and over again that the BEST time to change the currency rate is at the beginning of the FISCAL year. Jan 1st begins their new fiscal year. I am not now talking about changing the program rate but doing the reinstatement which is much, much bigger and much different... ** Walkingstick You don't see them denying it anymore. That's been cleared up. You don't see them talking about 1 to 1 rate - that's been introduced. You don't see them talking about floating and going international - that's been explained...The CBI governor and prime minister of Iraq both are talking alike. There is no more confusion. We are so close to the end. Both of these gentlemen are echoing each other's words in front of the citizens on the topic of both of their reforms. Every day this is being sent out to the citizens of Iraq...IMO all this education should be exposed/done before January the 1st 2022. ** Mnt Goat ...In 2012 the CBI planned for a January reinstatement preceded by the project to delete the zeros. This is FACT and is backed up by Dr Shabibi’s own words when he addresses a news conference in 2015 saying that Iraq has an unpresented opportunity reinstate the Iraq dinar in early 2013 having all permission do so. If it were not for the raid on the CBI by Nori al-Maliki and the ousting of Dr Shabibi as the chairman, I would not be writing this...today...
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Wednesday Early Morning Opinions @ 9:40 AM CST - 11/17/2021
ronscarpa posted a topic in Dinar Rumors
Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Kazami advisor on news saying Iraq's final payment to Kuwait at $600 million and that will complete Iraq's compensation and lead Iraq back to the international community. This will be paid in full early 2022 thus releasing Iraq from the official article 7 making acceptance for Iraq. *** Militiaman A lot of things are pointing toward a digital transformation is coming and from what we're hearing the citizens have been educated. We get wind from boots-on-the-ground that in fact that's the case - that there is shortages of currency...citizens are getting larger amounts of larger notes as apposed to the smaller ones...that is very telling situation at this stage of the game...we've heard today that the news about them talking about going back to the 'glory days' is being broadcasted on TV and has been and we get that from a very credible source... *** Pimpy The rate change is still being talked about... Article: "The Iraqi government justifies the reason for adopting a new exchange rate for the dollar" ...going through explaining why it is they devalued the Iraqi dinar...we all know and I said this that whenever they devalue the dollar it always affects the poor because it goes less purchasing power and that's the thing they keep focusing on here... -
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 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Iraqi government on news saying it justifies changing the exchange rate of the dollar to help support the new budget which should be approved early 2022. FRANK26: Kazemi you're going to open it January the 1st? 'uh-huh.' And you just told the Iraqi citizens you need to raise the value of the exchange rate in order for the budget to work? 'Uh-huh.' Are you going to raise the rate before January 1st? 'Uh-huh.' This is so beautiful when a plan comes together don't you love it? [Post 1 of 2....stay tuned] ** Petra The largest banking and financial summit in the world is happening in Dubai staring the 17th [to the 20th] which is this Wednesday...A lot of things are happening that are not coincidence. They're all coming to a convergence but even more of a convergence than we thought before...they've let it [the rate change] go this long. I don't know the reason but it seems to indicate that they want to make sure everything was all lined up and batted down correctly...it's exciting to see and that's why we think our time is getting down to a minimum here...
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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 Question: "Now that the ATM machines have stopped distributing all the Iraqi dinars is everything being done digitally now?" I never said that all the 3 zero notes were stopped...I told you that they are going to stop printing 3 zero notes therefore they're gonna stop putting 3 zero notes in the ATM machines. Why? Because it's a brilliant way to force the Iraqi citizens to bring in the less than 30% of the 3 zero notes that they have (as we call them 'dinar mattresses')...has it been working? Yeah! ...Beautiful. Brilliant. *** Kaperoni Question: "...Is this toilet paper or should I have real hopes..?" The Iraqi dinar is a real currency used in an emerging market country. The success of the dinar will be the result of Iraq to build and develop an economy. With the success of that economy the dinar can rise, it just wont be overnight...
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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 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: ...They're saying that Iraq can return to the previous dollar exchange rate... Frank: Man this is happening fast! So now they're talking about the RI? FIREFLY: ...because the current exchange rate is hurting Iraqi citizens... Frank: ..the education is louder and stronger and it is fast every day but more importantly it is from the CBI governor of Iraq praise God. That's the only persons you're supposed to pay attention to. If it's coming from the horses mouth you are about to receive it. ** David M. Witty Iraq expected to pay its last financial compensation to Kuwait by the end of this year for 1990 invasion. There is disagreement about how much is owed, ranging from $476 million to about $630 million. ** Kaperoni the Iraqi dinar investment into a lottery ticket. [?] As if it's something that's going to randomly just increase in value. Everyone should understand that that's not how monetary policy works... since they reduced the value of the dinar at the beginning of this year, there has been a significant increase in the supply of it in Iraq. 100 trillion dinars was stated by an economist just a few weeks ago. There is no way they can RV the Iraqi dinar. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're on television again - CBI news. They're talking about Iraq's gold reserves. They told us they have 96.4 tons of gold in our reserves and Iraq needs a balance in the basket of reserves and currency...they keep repeating it I guess they're trying to make sure we understand...
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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: "AL-KAZEMI’S ADVISOR: THE REST OF KUWAIT’S COMPENSATION IS $600 MILLION" Oh…so Iraq was NOT completely out of Chapter VII as we thought? Now we see why maybe they are holding up the reinstatement of the dinar. I Quote from the article: “noting that the completion of these compensations will close any trace and belongings of Chapter VII imposed by the Security Council on Iraq 30 years ago due to the Kuwait war.” So, with the oil revenue that is coming in monthly why wait until early 2022? Are they intentionally waiting while they put in place the remainder plans for currency reform once they are totally out of Chapter VII? *** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: All the previous rates again, they're talking about it...talking about time for Iraq to return to the glory days. This is a special report that they're showing to us again. FRANK: ..they are talking to you from the 'old glory day' of your currency to prepare you for the new glory days with the new exchange rate, with the new small category notes although they call them lower notes...when a government or a central bank repeats itself over and over and over again it's for your education. They're trying to reprogram you from what you don't even know about back in 40's to introduce you to what you're about to receive now in the new millennium.
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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 and Frank26 The Q & A's are the next thing that we believe you'll be seen to come about. The spigot has been turned on full blast with the articles that are about to come out with information about the monetary reform, about the education, and it's coming like an avalanche - fast and powerful...Q & A's will be in print very soon. Please enjoy them. *** Frank26 You're gonna have to figure out when to hold them and when to fold them. A lot of people are gonna run to the bank as soon as this happens. That's a big mistake. First of all the CBI might change things along the way. American banks might change things. Or maybe the spread lowered after a few weeks. I don't know. The best thing to do is walk to the bank not run to it and learn from the mistakes that others have made in that very beginning of exchanging...[NOTE: Always consult your financial advisors before making important financial decisions.]
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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 ...there is one important issue I need to cover closely today. It is the quantum financial system...They are now coming out in the public and talking about implementation of the QFS...The central piece of the QFS is to be able to track and convert existing currencies in the SWIFT system into a gold-backed Basel III, IV and V compliant currencies...I believe...they are now getting ready to implement the QFS currency piece. The piece that we investors are waiting for..[post 1 of 2].. ** Mnt Goat Of course there is much coordination with the CBI so that the RV and Reinstatement of the dinar will coincide with the timing...They can not implement the QFS for the currency reform piece until they are...Ready to release the new currency rates and SDR baskets. Today they gave out news to the public to inform us that QFS for currency reform is coming shortly. This is amazing news and is one more item that points to the real possibility of our January 2022 reinstatement of the IQD with the new rate along with the other currencies in the new SDR basket..[post 2 of 2].. ** Pimpy Finally a portion of the announcement I've been waiting for has arrived... Article: "Lukoil announces the discovery of the Arido field in Iraq, with reserves of 7 billion barrels" Remember I told you there was a big field of oil that was discovered and I didn't know why they hadn't announced the discovery of it yet but it should put them about as much oil as Saudi Arabia if not in font of them? This is part of that. This ain't even the big one yet. Now they're starting to make this announcement. I was waiting for this months ago. I'm not sure why they delay...you can see right here they've announced, 'Oh look we magically just discovered...' I knew about this months ago (Guest Guru Nate was the one who told me about it) ** MilitiaMan ...The project to delete the zeros from the exchange rate of the Iraq Dinar (IQD) is not new and has been on the table for many years of the Central Bank of Iraq (CBI). The project has had to evolve along with the education process for the citizens...Many obstacles have been in the path of success to actually deleting the three zeros from their exchange rate...the PM himself having survived ...the recent attempt in the Prime Ministers life...assured the country that he was moving forward with reforms. ...There are many examples that project to delete the zeros is not something that is to be studied now, as it already has been studied and the study supports that it is time for implementation...
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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 ** [Q? :Where are we?] ...the campaign that we told you would be marched out to the citizens is in full bloom...we're in the position where they're continuing the education to the citizens. There might have been a little bit of a time-out today but it'll pick up probably again tomorrow and that was simply because of the nonsense [Assassination attempt on Kazemi]...I told you Iran was angry and they're causing trouble... ** Sandy Ingram ** Article: "Central Bank: Move to open branches of Iraqi banks in Turkey" The Central Bank of Iraq is in discussion to open branches of Iraqi banks in Turkey. Does this mean we may be able to go to Turkey to exchange our Iraqi dinars?
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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 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: TV today now saying the study of the deleting of the zeros has been officially completed and it has been turned over to the CBI. They said that the strategy of deleting the zeros is to reform Iraq's currency and payment system... FRANK: Mustafa now has a scientific approved monetary reform study. What do you think Mustafa is going to do with it? ...he's about to give it to the citizens because he's been bragging and bragging that he's in control of the monetary reform. He's in control of deleting the 3 zeros. He's in control of the new exchange rate. He's in control of the new currency that they're about to give them... ** Kaperoni Iraq is in IMF Article VIII [?] That is incorrect they are an article XIV. This is verifiable by going to http://imf.org and under Iraq choose Iraq's position in the Fund. [NOTE: Here's the direct link to the page Kaperoni references - IMF Iraq page. ]
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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 Article: "Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency" This is not the first time...They've been having them at least once a month. This past month they had a lot of them...they've been educating the citizens of Iraq for a long time about the monetary reform. No, this hasn't been put in article form...This article...is simply another announcement of the reinstatement of their currency and of a new exchange rate...education of the citizens of Iraq...this is what [we] told you that you would see and you're seeing it now...When have you ever seen the governor of the Central Bank of Iraq come out and tell the Iraqi citizens we're about to give you a new currency and a new exchange rate and these are the reasons why...? *** Pimpy Article: "Washington Post writer met Al-Kazemi in the bombed house: The strike made the second term certain" The attempt on his life most likely backfired because he has drawn a lotto sentiment from all factions out there...this is good news IMO...4 years with Al-Kazemi is going to be interesting to watch...he has done a lot in such a short period of time. I'd like to see him continue that...we're going to get to the bottom of things and then we're going to hear the results of the election...next week coming up is going to be a really interesting week in Iraq... *** Frank26 the 'countdown' is not for a liftoff. That was years ago. The countdown is what you're witnessing. They're counting it down every day to a date that they have in mind. I have a feeling that it's within this year. And if for some reason it comes out this year the citizens won't be able to use it not until it's officially handed to them. I told you 2021 is the education. I pray that they can get them well educated that they can give it to them now this year...
