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  1. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Kaperoni Over the last few weeks Iraq is perpetuating that they are now moving forward with diversifying their economy in opening their financial system to the world. We will have to wait and see if they have made the necessary steps for those results. Fnu Lnu I have heard repeatedly, ad nauseam, about bank redemption centers being trained to recognize counterfeit Dinar... There is no such training being done... PERIOD! De La Rue provides computerized equipment that will authenticate and verify banknotes for 140 different countries. No human eye can be trained to see the hidden security substrate and embedded features... One merely needs to be able to feed currency into a machine and it will do the rest... The banks have been using this machinery for years and have been well trained to do so. There is NO training going on. Pimpy You guys got to be careful. When everybody's like, 'Oh, yeah we want the deletion of the zeros'. Oh no you don't. No you don't... You're all cheering it on. I was like no, don't cheer it on. That's not a good thing for us as investors. I know they're out there swearing up and down that it's off the exchange rate but it's not. The zeros come off the currency. Wolverine “I have been told to shut up and I can accept that. What I can tell you is that they said that this will be a Golden Week. I don’t want to be a part of anything that would disturb the process. At the moment it is all good. I’m very confident that this is the week that we have been waiting for. Have a beautiful, beautiful day.” Clare Article: "After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and America" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says Iraq is now producing 1 million liters of gasoline on a daily basis with the new refineries... They are saying we will have enough gasoline for our self sufficiency of our county and also for global trading on the market... Walkingstick The value of their currency is determined by the resources tapped and untapped. The futures of Iraq are astronomical. You have no idea, investor of the Iraqi dinar, what you have invested in. Phosphates... sulfur... diamonds... gold... silver... oil, gas, all the mining companies are lining up and it's all these industries, they are the factors that will drive the dinar up internationally.
  2. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 My [dinar] broker will be notified by the US Treasury when the rate changes. It is at that time my broker will call me. He'll tell me as of tomorrow morning you're not selling any more dinars. We are all in the same boat. There are a few of us that have fallen overboard because maybe we're too impatient or we just don't belong in this investment... But the majority, we're all onboard and we know what's going on...Sorry Frankie, but dinar brokers and everyone will find out at the same time, assuming we're watching. It will be announced on the CBI, Forex, and the news media worldwide. The UST won't be notifying anyone. Militia Man 1310 to buy widgets is in the hundreds of trillions and their budget is in the hundreds of trillions. They don't even have that much money printed. They don't even have it on their M1 etc at this point in time. They never have. There's got to be an adjustment... Samson Article: ”Iraq is at the top...the highest growing Arab economy in 2025" Kaperoni It...is preposterous to think that you're going to walk into a bank and exchange Iraqi dinar for US cash. It is a fact that most Emerging Market countries are very volatile, banks by nature are very conservative. Not happening...Market makers, ECNs or established financial institutions would make more sense to manage incremental gains.
  3. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 You know the competition that is going to be with those private banks from the CBI [in the US] with American banks? It's going to be massive and people don't even understand that right now. American banks are going to come after you and they know you. They know who has dinars. The US Treasury will tell them... Yes, they're going to tell them. They already told them. This is massive what is about to happen... Pimpy What is the deletion of zeros of currency? An action aimed at increasing the nominal value of money. Nominal value, NOT the exchange rate. Re-denomination, that's what this is. What is lopping off zeros? Same thing. Changes the nominal value. What is the removal of zeros off currency? ...Also known as deleting of the zeros...Re-denomination. What is reducing of zeros off currency? Re-Denomination. I'm telling you guys all those things are the same thing...You remove the zeros off the currency and when you do that .00076 will be .76 but it doesn't change the value of your currency versus other world currencies. That stays the same. MarkZ I continue to hear rumors of the different spots that Sudani has visited. I am hearing there was a clandestine meeting with a signatory of seven of the banking families from China. Hang tight guys as we sort this over the next day or two and figure out what is hopeful rumor and what is fact. But things are very positive. Samson Article: "The Iraqi Private Banks Association praises Al-Sudani's visit to Washington" Militia Man [Iraq] is now in a security and stability and debt free state and now they're going into a state of expansion on their economic reforms, development programs, sustainable development... all of the things we've been talking to you about are coming to fruition. They're not going to do that at 1310...
  4. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report]' FIREFLY: Sudani...is meeting with Iraqi business owners in the United States of America ...They're talking about visits that will bring more stability. They're saying they are going to return the dinar to its price and how the dollar will drop dramatically and not be used in Iraq. A lot is being said about the strength of our currency of the dinar and the meeting is over 100 of these companies. Bruce ...a lot of the sources are very quiet...Typically, that means they're under new NDA’s.This is their catch-phrase meaning they don't know anything, and haven't heard anything. There are really no NDAs ...we know that we know that Iraq is doing some things in the US... I think they're really getting ready for this – to be known internationally - their reason for this session, my way of thinking the rate on the dinar has not been put out internationally yet for everyone to know what that is - but we know that rates are on the screens – all of them - They've been trading upwards, we know that the contract rate on the dinar is still very high and we know that the dong rate is also moving up in a good direction...
  5. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ I believe we are just waiting on a REER (Real Effective Exchange rate) right now. The question is what are they waiting for on the timing? I hear (????) from banking contacts, government contacts, A Ministry of Finance contact in Iraq…that they just need the announcement of the REER. Question: So we wait for the REER- and then it will float up? Mark: Not necessarily. If the rate is high enough …and we believe it will come in higher and not float...We believe the REER is coming in strong. Pimpy This is [from] the World Bank data bank - Real Effective Exchange Rate is the nominal effective exchange rate in measure of the value of a currency against a weighted average of several foreign currencies divided by a price denominator or index of costs... Iraq already reports a real effective exchange rate. They report it all the time...It's reported to the IMF regularly... Yada We are practically sitting on it, all things in Iraq are in place, markets are set to explode with the increased spending in Iraq, and the REER is about to be seen. Before 4-1-24 Now that's wishful thinking..! Militia Man The 15th of April, I'll tell you this, most likely what...Sudani, Alaq, all those folks in the Ministerial Council of Economics, they're working their tails off to make sure to make sure they're ready, if not done, well before Al-Sudani shows. Because if he's coming to town and he wants bargaining chips and I'm pretty sure a real effect exchange rate is going to be one of those bargaining chips. Mnt Goat I know it’s been a very long road for us investors but we will get to the end of this and we can now see the writing is on the wall...we must...follow the 2011 plan and it is going to lead us to the RV, whenever that occurs. We can see now their next step ...we can clearly see it is VERY, VERY close, according to the interview with Salih. Frank26 Minister of Finance..in Washington DC. He's not there to see the president of the United States. He's there to deal with the exchange rate of their country not with the American dollar.
  6. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time. Mnt Goat Article: "IRAQ IS NINTH IN THE WORLD IN NATURAL RESOURCE RESERVES.." Quote: "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years." OK, so if this is part of the Basel IV currency valuation algorithm then where is it reflected in the rate of the dinar? Why is it still 1/6 of a penny? Folks is just doesn’t make any sense. The IMF and the US Treasury are artificially suppressing the rate of the dinar. Remember VALUE and RATE are two different items and the value should be reflected honestly in the rate.
  7. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ There is some fun stuff coming from sources over the weekend. Bond contacts really lit up overnight/and over the weekend. One of my contacts that “lit up” after going quiet said they very much expect things by mid-week this week...People who have not been excited for quite awhile are now excited...I am also hearing similar things from my banking side...I understand that the whole process should only be a week long and that the very first things we should see is bond folks getting dollars...We...are supposed to go immediately following bonds. Clare Article: "Government spokesman: The Prime Minister will discuss 5 basic files during his visit to Washington" Quote: "among the files that will be discussed during the visit also are the financial file and what is related to the decisions of the US Treasury, the influence of Iraqi banks and the debts owed by Iraq," Militia Man Their new accession law seems to be gaining traction with Iraq having accession to the European Bank of Reconstruction and Development and the FEMOZA World Federation of Free Economic Zones. The WTO is likely next in line for Iraq's integration with the international world.
  8. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat ...I have to come on an clarify the false rumors...about the IQD backside trading that is taking place. Read my lips- THERE IS NO BACKSIDE, BACKDOOR OR ??? trading being conducted on the IQD. If you want to buy it you can go to the Iraqi Stock Exchange (ISX) and the rate is the official rate minus the trading of demand curve for the day... So ... Thursday the ISX dinar sales closed at 1309 (not $3.09) dinars per one US dollar compared to the CBI official rate of 1320. END of all the rumors...Done! ...There is no back office, government or other side trading before it goes LIVE to the public. MarkZ There is...a lot of chatter again about the lower denominations at many Iraqi banking locations. They are using cut sheets with samples of the LD’s etc…. I am trying to find someone over there to send a picture of these cut sheets to us…. (sample sheets with Lower denoms on it) I would love to see an official sheet from the CBI. It appears to me that Mark is repeating what Frank26 has said, then adding that these sheets are in the hands of banks. However, there are no articles, or proof, that this has happened. More of Mark's stretching ideas...Just sayin' - RON
  9. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Colorado Bank Story] I called my bank [Well Fargo] and had a conversation with someone over the phone and they treated me like I just came out of a cave - 'No. There's no way. No we don't handle [dinar].' All that negative talk that everybody's getting. Then today I asked to speak to the bank manager for other purposes but while I have you on the phone, lets [try again]. He [says] yes I'm very aware. Clare Article 1: "Al-Muslimawy: There is a policy to reduce the dollar exchange rate and control it in Iraqi markets" Article 2: "A government advisor to Al-Ghad Press: Dollar prices in the markets will gradually decline" Sandy Ingram In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country. All Iraq has to do is implement safety for tourists. Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith. There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon. MarkZ ...still getting plenty of chatter from groups that they are waiting for the shoe to drop…everybody is at the edge of their seats. Walkingstick Question: "Why is the IQD the only currency increasing in value that we're seeing on Forex? It's taking off like a rocket." The investors. They're not stupid. They know. The investors smell the security and stability. But the real reason they have security and stability is because they have a new rate. The IQD is NOT on FOREX. It all started with the contrived website forexlive.com... Pimpy Question: "Why would [Iraq] let anyone benefit from this?" Why wouldn't they? It's the Iraqi people that really need to benefit from this...It's not their fault their leaders are all wack-a-doodles... There's enough resources in Iraq where they should be living pretty dang good over there. Increasing the exchange rate and giving them more purchasing power would definitely change their quality of life...Once Iraq can get their crap together and it looks like they're there - No more sanctions, get into the World Trade Organization, get back on the Swift system...Forex, finish the Port of Faw, finish with the Development Road Project, all those things are going to bring a lot of money into Iraq and their currency is only going to get stronger.
  10. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 IQD on Forex is on the private side. [Found by Forex Girl] 1. www.Forexlive.com 2. Click Live Charts. This is free but there is a private side. We can at least get a little example. 3. Click EURUSD in the top left of the chart. 4. Delete EURUSD in the top left box and type in USD/IQD. Wow! Oh, my goodness...The Iraqi dinar is going through a phase where it's being traded internationally on a private side of Forex. It is live. In December it was trading about $2.40 to $2.50. In January it was trading at about $2.60. Last month it was about $2.63 or so. Sunday it was $2.70...IMO this is a trend that is going towards the reinstate phase of the Monetary reform to reach the $3.22 that it was. Pimpy I'm sure you've heard the great news by now, the IQD is on the "private side" of the Forex...This sounds like some great news don't you think? ...I'm grateful to do all the research for you so you don't have to...There is no "private side" of Forex. None. The Forex is open to all participants who have access to the necessary trading platforms and infrastructure...There is no "private side" of the Forex... Deepwoodz [Response to Frank's post above] The listing USD/IQD = 2.81 would mean $1 = 2.81 dinar. Not the other way around. Even if this is true, definitely an improvement worthy of praise. If you want to see the value of the dinar, simply list it the other direction. i.e….IQD/USD. Which equals .355. 1 dinar =0.35$ [NOTE: To see the dinar at different possible rates use a Dinar calculator.] NOTE: www.Forexlive.com is NOT a FOREX site. It's a site contrived by someone to present false (Hopeful) information. RON
  11. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man The Central Bank of Iraq just told Iraq that you guys can use dinar to buy multi-currencies. To do what? Clearing and settlement in the system with accurate and facial data. Those two things right here are solidifying that there's something happening... Pimpy Article: "Central Bank announces the increase in the volume of foreign reserves from 140 to 148 trillion dinars" That's perfect because...the more reserves you have the easier it is to protect your exchange rate. MarkZ I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right.It would be great if this were true, but we've heard this so many times before from Mark.
  12. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Key Bank story] BANK STORY LADY: I've been banking with them for about a year...A few months ago I was talking to my contact and I was telling her about the exchange and asked if she had heard anything. She hadn't and they probably weren't going to deal with it at all. She even asked her higher-ups and they didn't say a thing. She said she had a list of people to call and if she heard anything she would be in touch. Over the last few months I've kind of given up on it...I had a talk with her the other day and she said, 'I'm so glad you called. We just underwent training for the exchange.' FRANK: The dinar? BANK STORY LADY: Yeah. It must be coming. Goldilocks Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward. At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value.
  13. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 When this blessing occurs, where do you go? Do you go to a bank? Do you go to an American Bank? Should you go to Iraq and use an Iraqi bank? Can I use the kiosk at an airport? Can I use a credit union? You want to use a large bank. You want to use a bank that would help you with your wealth and management. Don't go to a mom and pop place...We have a bank of interest - [Chase Bank]. Many of you thought it was going to be Wells Fargo. It's highly possible Wells Fargo will still play a part...We should consider Chase. We should consider a big state bank... MarkZ We have had so many stories lately with banks….I am getting them constantly. And yes, they are expecting rate changes soon. It’s fun to be getting all these bank stories that we never got in the past. Jeff Article: "The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March" ...The Central Bank of Iraq is preparing the regular banks of Iraq to start being prepared to be able to trade the dinar against foreign currencies...To trade the dinar against other foreign currencies the dinar itself must be tradable...The step of revaluing the currency is what makes it tradable against other currencies... Again, what they're telling you here is they're going to start preparing for this. They're not actually going to start doing it. They're preparing to do it March 1st...This is a step of them setting the stage before the big event.
  14. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ Comment: I hear they are moving forward wihin 10 days. Mark: I was told that their goal is by the 20th…but I could live with 10 days…by the end of February...My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and the banking anticipation …And, a number of sources say we could get it by the 20th now...I think everything is done and we are just waiting on them to release it...My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close. How many times have we heard this kind of crap from Mark before...too many..! Where do these people hear these ridiculous claims like " I hear they are moving forward within 10 days"..? It's all BS... RON Militia Man Iraq is a border country with Kuwait. Iraq is considerably larger than Kuwait...They have massive amounts of oil...liquid natural gas...gold...some of the biggest mineral deposits in the world that Kuwait does not have. You have to ask, why did they bring this up? - Article quote: "The Kuwaiti dinar ranked on the throne of currencies in the world for the year 2024 while the US dollar came in last place on the list of 10 strongest global currencies ...the dinar of the Gulf State is divided into 1,000 smaller units known as fils." [Post 1 of 2...stay tuned]
  15. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Ms Plasschaert [UN special envoy for Iraq], she's another subject of rumors that are going around the dinar community - that she's getting ready to step down...because she's no longer needed because they're about to change the exchange rate and the sanctions are getting ready to be lifted off. That's not the case. That's also false. Militia Man Iraq is a border country with Kuwait. Iraq is considerably larger than Kuwait...They have massive amount of oil...liquid natural gas...gold...some of the biggest mineral deposits in the world that Kuwait does not have. You have to ask, why did they bring this up? - Article Quote: "The Kuwaiti dinar ranked on the throne of currencies in the world for the year 2024 while the US dollar came in last place on the list of 10 strongest global currencies ...the dinar of the Gulf State is divided into 1,000 smaller units known as fils." [Post 1 of 2 Reposted ] Militia Man Iraq does not have fils. They're going to be talking about fils because why? Because...Al-Sudani has stated the dinar is stronger than the dollar. They're going to need to be able to make change...When they bring this up with Iraq's situation I think they're doing it in a manner that suggests the region can support Iraq having a strong currency stronger than the dollar. [Post 2 of 2]
  16. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Fort Worth Chase Bank Story] BANK VISITOR: I went to one of the largest Chase Banks in Dallas. This bank is different than I've ever seen. It was two stories and upstairs there was many window you couldn't see into. FRANK: A lot of banks are metamorphosizing their environment in order to be part of the exchange process... BANK VISITOR: I go and sit down and within 5 minutes this private banker, who BTW is Vice President on his card, comes over and greets me...I said I have a large amount of foreign currency and can you let me know when you will be able to exchange this currency. I didn't say dinar...I said I know we're getting close...with Chase being the number one bank in Iraq. He looked at me and grinned and he said, I've got a couple other clients just like you. [Post 1 of 2] Frank26 I email them from time to time and give them an update on what's going on...He said you know there's been a lot of speculation on the foreign currencies and when they were going to revalue. He never said it was a scam. He looked at me and grinned. He said we will be in touch with you. Then I said to him, let me ask you something, nothing against your other locations but how come they haven't treated me this way? They know who I am. I go there all the time. He said, this particular site is set up to help customers like you. He said, 'we are directly tied to JP Morgan in New York. This is how we operate this site'...You get that feeling when you're sat in front of these people that something's going on now and they may not be able to tell you all of it but they know who has what. [Post 2 of 2]
  17. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Advisor to the Prime Minister: The financial situation in Iraq is stable and sound" Quote: "Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the future outlook for the financial situation in Iraq is stable, while indicating that oil market indicators are still more than 10% above the price specified in the budget until now" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Big campaign to get citizens to trust the Iraqi banks starting today. FRANK: This is the last part of the monetary reform education. Congratulations! Pimpy You've got people all going, yeah man this next budget they're going to increase the value [of the dinar] when they're now talking about possibly devaluing the Iraqi dinar. That's not set in stone but it's something they're contemplating. I'm not saying they're going to do it. I'm just saying it's on their mind. It really depends on how far down oil prices drops. MarkZ [RUMOR] My Iraqi contacts have said that the CBI has sent the new rates to the government. So the rumor is the CBI has released the rates to the Iraqi government...I have heard similar things from US bankers - that all rates are now set and fixed. So imo it’s “any moment” A number of contacts are still remaining silent because they have signed an NDA. We shall see...! Although I doubt it very much. No one would telegraph such information. RON
  18. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man What I've always said is it makes more sense for Iraq to have a managed float which is effectively a fixed exchange rate...1 to 1 or 2 to 1, 3 to 1, 4 to 1 whatever they decide to do it makes it easier the higher that exchange rate is to defend...Having a...3 years budget keeps it stable...pricing stays stable. Anybody that says it's going to float to from a relatively low range to a high range over time they don't understand. Article quote: "The exchange rate will be fixed especially since it's been fixed in the federal budget law for 3 years says Saleh..." This is coming from the advisor. Don't talk about float. It just doesn't make sense to anybody. Clare Article: "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules" Quote: "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.” Kaperoni ...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq. And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance. Nader From The Mid East That's what's slowing down all this process. It's people still using the dollar in Iraq. Even me, I use the dollar in Iraq. When I was there last week I use a dollar in Iraq. Why? Because it's a lot easier. It's smaller. You don't carry a lot. You carry $500, $600, $700 with you, $1000 max...If I didn't have the dollar and If the dinar for me to carry...it would be a lot in my pockets... MarkZ Pretty quiet from Iraq so far today. One of my sources believe the local elections had some effect on our timing and are finishing the ballot counting before they release rates. If he's accurate…the counting should be finished in the next day or so, possibly as early as today. I have one source in Iraq who believes they will release the rate in Iraq as soon as they finish seating these new electees. Possibly in a day or so or as early as today. Pimpy Remember the goal is to become a cashless society...Just because they're doing away with the US dollar has nothing to do with them changing the Iraqi exchange rate. I did say IMO towards the end of the first quarter, the beginning of the second quarter you might see a bump in the Iraqi dinar exchange rate only because of supply and demand. If they do away with using the US dollar and they start using Iraqi dinar more in country, that's going to strengthen the Iraqi dinar. Plus there's going be a much larger demand for the Iraqi dinar because the dollar won't be around anymore for them to use... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television special is saying we are seeking monetary sovereignty over the dollar. FRANK: Can't get any more straight forward to the point than that can we. When they say the word Monetary they mean money...They want your currency to dominate...They have told you after January 1st you will not be using anything but your sovereign national currency. To me that sounds like a currency that has great pride in being announced to the world. A currency that is about to go up in value. It does not sound like the continued sanctioned, programed rate that has robbed you citizens of your future... Militia Man They said only one currency by the first of this next year and they also said that the taxation will be on the dinar, customs and borders this year. They'll have to educate those citizens effectively though - in the next 10 days. We're going to watch and see how it rolls.
  19. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Just thought I'd mention that I'm 81 today...RON MarkZ Article: “IMF staff concludes staff visit with Iraq” They met with Iraq authorities in Amman, Jordan on the 17th to discuss recent economic developments. They are not worried fiscally about Iraq and things are coming along nicely. Quote: “Inflation has declined from its January peak and is projected to stabilize in the coming months—helped by the Central Bank of Iraq’s (CBI) tighter monetary policy, pass through from the exchange rate revaluation,” They are telling us what they are doing. Sandy Ingram Article: "Iraq links Baghdad US embassy attackers to security services" The attacks against US forces have continued. The Iraqi government said several people who are alleged to have attacked the US embassy in Iraq last week have links to the country security services... Militia Man Everybody knows Iraq is about to go International and they're going to have a digital transformation...When they have this investment budget and they start spending...Iraq is going to be filthy rich with revenue streams from the electronic borders, agriculture, tourism... mining, sulfur, phosphates...they're going to have revenue like no other. There isn't anything else like it, in my lifetime, that I can see is going to trump Iraq... Don't forget...Iraq has a massive amount of hydrogen for clean energy...nobody else is talking about it...The amount of money and revenue streams Iraq is going to have is almost incomprehensible...It really is intense on how much money these guys are going to make on a regular basis. Pimpy I get it there are people out there telling you it's going to happen overnight because they have an electric payment system. No, no they're not going to change your exchange rate just because of the electronic payment system. The electronic payment system will help influence it once it's up and fully implemented but it has nothing to do with being reinstated. It'll keep increasing in increments just like I said... Jeff Since October of last year [Iraq's Federal elections] they have been setting the economic stage for the rate change... They're done setting the economic stage. They don't have any more economic steps to do. That's why they're finishing the very last step of removing and cleaning up corruption at the second half of the government - The provincial level. Clare Article: "Election Commission: The preliminary results will be announced this evening, and we will conduct a manual count in front of everyone" Frank26 [Franklin Tennessee Bank Story] BANK STORY PERSON: I'm a pastor south of Nashville...yesterday I thought I'm gonna do my due diligence and reach out to some of the banks in my area...The Franklin/Brentwood area south of Nashville is the richest county in the United States...The first bank was a Pinnacle Bank...the oldest bank in Nashville...I talked to the branch manager and she knew nothing...She knew zero about it...I walked over to the Wells Fargo...I said I'm curious if you guys verify and exchange foreign currency her eyes lit up. She said, which currency have you got? I said the Iraqi dinar. She said, sir we do not and the reason we do not is because there have been several times Wells Fargo has got burned by bad currency..[Post 1 of 3] Frank26 [Franklin Tennessee Bank Story continued] I thanked her for her time and I thought ok two strikes let's try Chase which is 50 yards away. I walk into Chase in Franklin, Tennessee, asked for the branch manager...I said sir do you do anything with foreign currency? He said yes we do. He said which currency have you got. I said the Iraqi dinar. He said absolutely yes. He was very excited about it. We were standing right there in the middle of the lobby and he didn't try to hold back his facial expression, language or anything. He said, yes, we would love to do business with you. FRANK: Did he say anything else like yeah, we know or we're in preparation, we're getting ready? Bank Story Man: I said, how are you aware of that. He said, we've been waiting for this to transpire..[Post 2 of 3] Frank26 [Franklin Tennessee Bank Story continued] I said, depending on the amount dinar our group brings in to you, can you work with us on the transaction fee or even eliminate it? He said sorry sir we are not...The way Chase has got it established...they have it baked in. That was his exact words, baked in transaction fee into the rate...He can't change it. I said so no matter what outlet...location or the amount of dinar? He said that's right, it will not change. FRANK: What was that fee did he say? BANK STORY MAN: He said around 4%. FRANK: Wow, I've always said a fair rate is anything like 1%, 2% or 3%. I guess they decided to go one more percent. That's a lot of money. BANK STORY MAN: He said I also I want you to be aware of something. He said when you come in to do your exchange, he said realize we can only do $5,000 increments at a time. [Post 3 of 3]] Yada ...I look at the scheduled Budget release that will fund the contacts, tariffs on imports and exports, and infrastructure spending. So much so that a program rate will not be enough and a new rate is anticipated. Wolverine “I received a call on Sat. 16 Dec. from a very high source. All I can say is that Christmas is coming and we are going to have a very good Christmas.
  20. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Kaperoni A very important statement was made back in 2020 by the prime minister's economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq's entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation. It doesn't make sense... Frank26 The CBI meetings are in Dubai right now...they are coming to a conclusion. Were the CBI meetings discussing, should we use this rate, should we do this, this this, that? No. What they were discussing is, 'Are we going to release it on this date at this rate and this is what we have to do and this, this, this and this.' Okay! Now these meetings IMO are coming to a conclusion. Yeah, they are working a few things, but it's over and done with. MarkZ I have one real positive banking story. A banker who was working at one of the large banks that is planning on being part of all of this…they work in wealth management...he figured out the RV was real and started buying currency. He switched jobs because of pressure and went to work at another bank in a lower level of wealth management …Well they told him they were preparing now for all of this…The RV and revaluations. This is another real world report from a member of our community telling us the banks are ready and this is real. This is very exciting to me...Upper level and mid level bankers are now being informed. I know of 5 stories like this just this month on people we personally know getting a “heads up” from bankers. Breitling Question: "Why is the dinar still available for sale?" I'm assuming [you mean] internationally. Because of good ole fashioned capitalism. Militia Man Article: "The Finance Minister to the employees of the budget department, No vacation until the end of the year. " In other words, stay working. We got work to do and it's probably likely going to be significantly more. Why? Because if they change the value of the exchange rate their budget is going have to be addressed in a big way...It's telling you the budget's going to be sorted by the end of the year. We're getting close...the year is coming quick. Pimpy Article: "A matter of a homeland. A campaign to support the Iraqi dinar and make it the gateway to build the country." The quicker they do away with the dollar and start dealing only in their own currency is a huge step towards doing what they can to strengthening their own local currency against the US dollar. We know that's happening 1st of this January 2024. At least that's what they tell us.
  21. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Article: "...A campaign to support the Iraqi dinar and make it the gateway to bustling the country." They're talking about the Iraqi dinar...They're not talking about the Euro ...[or] all the other currencies ...They're saying we're going to do trade in the dinar and it's going to be the gateway... Nader From The Mid East They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1. [See the Iraqi dinar advertisement video under Frank26's post below] Mnt Goat I truly can hardly believe all the good news coming from Iraq. Maybe it’s not the RV, as of yet, but I can assure you it is coming and there is no stopping it. It is like a loaded freight train coming fast down the tracks... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Did you see this [sends video]? ...They are talking about how the dinar is about to become stronger. Then a commercial comes out talking about how strong the dinar is already and will be even stronger very soon...It's about the strength of the dinar, telling them to use it for everyday things and will only get stronger and stronger. [Watch video below] FRANK: You better be ready Iraqi citizens! In my interpretation of it...This is part of the monetary reform education they are teaching the Iraqi citizens that they will soon have value added to their currency... Iraqi Dinar Advertisement Reported To Be Playing On Iraqi TV Right Now. https://www.another site.com/uploads/b/6890934-505576002215887002/dinar_video_300.mp4 MarkZ A Banking Story: A friend of mine in New Brunswick in Canada and is a dinar holder walked into one of the Scotia banks and asked a manager if they were Basel 3 and ISO 20022 compliant. He replied that they were… My friend went on to say that he was a dinar holder and asked the manager if he knew anything about the upcoming currency exchange/RV. The manager said that his staff is trained and ready for it. They are just waiting for the word...So there is a bank manager in Scotia who knows about the RV, is trained and ready for it…. Pimpy I'm anticipating an increase at somewhere around the first quarter of next year. The only reason why I think that is I'm paying attention to everything that Iraq is doing. I think because they're getting away from the dollar in 2024. Let's hope and see if they do it. In addition to that they have already started doing currency swaps with other counties which means they're going to start doing trade in each other's dollars. This is good. That's why I think we're going to start to see an increase somewhere around the 1st quarter of next year...
  22. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ I got a confirmation from a source that is not one of mine. They were told there were 3 paragraphs they were addressing on the HCL between Erbil , the Kurds and Baghdad …and RV would occur as soon as its finished. I was always told when HCL was 100% done and official…we would get the new rate…I had heard this from one of my sources... but was glad to hear it confirmed from another. So that feels good …Just 3 paragraphs to work through on the HCL…I thought this was great news. Frank26 [Bank Story] I called JP Morgan Chase corporation office and I was told when the Iraqi dinar is reinstated... FRANK: What?? Chase told you this?! Bank Story: He said when the IQD is reinstated I am supposed to go to Houston, Texas Chase Bank and they would be able to exchange my currency and set up a private account there for me. I just wanted to share my JP Morgan Chase story with you. This is amazing isn't it? FRANK: Follow up on this don't leave it there. [Post 1 of 2] Frank26 [Bank Story] BANK STORY MAN: I called JP Morgan Chase financial office again just to make sure that it wasn't a fluke and reassuring myself...This time I got a different advisor...Guess what? He told me the same thing...that Iraq was about to reinstate their currency...I wanted to find out in Houston area which JP Morgan Chase Bank would be exchanging the Iraqi dinar...He transferred my call to the JP Morgan Chase bank and a lady by the name of 'Ms Bank Lady' didn't deny anything. I asked her and she suggested that I call back tomorrow and talk to one of the bank agents about setting up an appointment with them to find out how to do my exchange with the bank... FRANK: This is incredible information. I'm so glad you pursued it to the next level. [Post 2 of 2]
  23. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 We study this investment that is moving forward, unless for some reason Sudani and Alaq are not what we think they are. I'm not giving up on them. I'm not seeing anything that tells me to give up on them except, What the hell are you waiting for? Breitling When we talk about...what they want the value of their currency at a minimum has to be at the average of the value of the currencies in the region. But they don't just want to be regional they want to be international and be able to trade internationally so they want to be around at least a buck for that. Sandy Ingram Don't think you can come here [Online broker/bank etc] and at the last minute purchase Iraqi dinar as the currency is increasing in value because the first thing they are going to do is increase the cost of the currency as it changes. This old investing - meaning we are not using the Forex Market. We are purchasing currency, holding it until it increases in value against the US dollar and then we are seeing the currency for profit... Clare Article: "The Central Bank in Nineveh: We are subject to Washington’s sanctions and we are waiting for them to be lifted to open the dollar auction" And now, for a fresh load of from Mark..! MarkZ We were getting strange rates in Iraq today...It doesn’t seem to be an official process but an unofficial process. Many merchants or money handlers have put a different value on their dinar. They believe the dinar is about to take a serious spike in value. So they were charging a premium if you wanted any of their dinar... It’s been an interesting day but, I have not been able to confirm the rumors of $1.13 or so rate…but I can verify the number of sources that tell me “yes, there were major wild swings in the dinar based on who you were negotiating with...I could not confirm the rates many...have said…I can verify the value swung greatly today. I believe its telling us that the people of Iraq believe the timing is very, very soon. Pure nonsense, because nowhere else (other than the trio of clowns) is any figure being tossed around. Plus, it in direct conflict with most other sources..! RON
  24. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Community Comment: "I always felt that if the dinar came out of the gate at one to one it would cause mass inflation due to the amount in circulation. Hitting the forex at 1000 to 1 makes more sense to me. I do believe however that it won’t stay there very long IMO as the demand will be great." Frank: Yes...!! Militia Man There are a lot of projects that are very expensive and they need to have an investment budget to go along with that. Why has it been delayed? Probably because there's something they're not quite yet ready to expose or they're just about ready to expose. They're going to have to have an International currency...exchange rate and the country needs to have that final step to sovereignty. MarkZ Hearing some pretty interesting stuff…including confirmations from banks...This comes from different sources... Many of the foreign currencies that we have been look for and talking about are now showing on bank screens. This came after the weekend forex updates. We believe this is fantastic news...I had a number of bankers reach out …ones that had always questioned and doubted me…saying they think I am right and this is about to go. I am getting excited about this …even though we don’t know the exact timing. Question: Could it be this week? Absolutely...We are still looking for announcements out of Iraq on the 3rd or the 4th….most likely the 4th... Jeff The budget has not been approved to date. That means it remains in an incomplete unapproved state...Yes they voted on it since last June but...two Sundays ago Iraq's council of Ministers...did a draft amendment to the budget making it so it's no longer in an approved state. Parliament still needs to approve the budget again...The budget right now is incomplete and unapproved by parliament.
  25. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 I don't care if they come out at 1132. I don't care if they come out at $0.10. I don't care if they come out at $0.50. You think it's going to stay there for long when the world is wanting to pour in? Whatever the rate is they come out at, in a blink of an eye - bam, you better know when to hold'm and when to fold'm. MarkZ I am continuing to hear very positive stuff on expectations of a rate change. They are giving us dates from this weekend to sometime in the first week of October. Yep...it's gonna happen within the next few days - you've been saying that for years. Militia Man Community Comment "Bla-bla - nothing ever gets done." The amount of work that has been done to get us to where we are now is absolutely phenomenal. Anybody that doesn't see it, they have not studied and it's too bad...
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