Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Search the Community

Showing results for tags 'rumor'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Welcome to DinarVets!
    • Rules, Announcements & Introductions
    • Questions and Tech Support
  • VIP Area
    • VIP Section
    • VIP Section
  • Iraq Topics
    • Iraq & Dinar Related News
    • Dinar Rumors
    • RV & Dinar Questions
    • Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
    • Chat Logs
    • ISX (Iraqi Stock Exchange)
    • Warka and Iraqi Banking
    • Dinar-ify me!
    • Buying and Selling Dinar
    • LOPster tank
    • Debate Section
  • General Topics
    • Off Topic posts
    • Natural Cures and Health Talk
    • Politics, 2nd Amendment (Gun Control)
    • Iraqi Inspiration and Stories of our Soldiers
    • World Economy
    • Music Videos etc
    • DV Weekly Powerballs.
  • Investing
    • Forex Discussion
    • Penny Stocks
    • Wall Street
    • Gold & Precious Metals
    • Foreign Currencies
    • Tax Discussion
    • Investment Opportunities and Wealth Management

Calendars

There are no results to display.

There are no results to display.

Product Groups

  • VIP Membership Packages
  • OSI Products
  • Just a Text
  • RV Intel and the Cash In Guide!

Genres

There are no results to display.

There are no results to display.


Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Phone Number (for VIP text message)


AIM


ICQ


Jabber


Location


Interests


Biography


Location


Interests


Occupation


My Facebook Profile ID


My Twitter ID

  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 2-4-2025 Clare Article: "Government advisor rules out Trump's oil cut plan, predicts appropriate price for Iraq" Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Salih, ruled out the success of US President Donald Trump’s plan to reduce oil prices in global markets...Saleh believed that what President Trump launched to work to make America the first producer and exporter of crude oil in the world to reduce prices will collide with the cost of producing shale oil...which exposes American oil to loss unless American oil touches $80 per barrel to exceed the actual break-even point to recover costs and achieve profits." 2-5-2025 IFrank26 Kurdistan is ecstatic. Kurdistan is happy. They passed the amendments, the parts of the budget...You now have oil flowing from Kurdistan to Baghdad and the price they accepted tells me there's a new exchange rate. How can all that be at 1310..? Eventually the budget will reveal the new exchange rate. 2-5-2025 Clare Article: "To discuss military and strategic files.. A 'high-ranking' American official will visit Baghdad soon" Quote: "The American official will discuss the mechanism for restructuring the relationship between the United States of America, in addition to understandings in the areas of security and defense, along with files related to the US Federal Reserve." 2-5-2025 MarkZ [RUMOR] I was told it most likely will be on a Saturday night into a Sunday Morning. Between 11 pm est and 2 am est. That is when the banks are quietest around the world. The second best time is a Thursday afternoon. 2-5-2025 Mnt Goat Article: “IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS”. I have to once again reinforce...that the issuance of the visually impaired three zero notes is not an issue. As an investor, this is not something you should worry about, it is actually a good thing for our investment not a negative impact.
  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 1-31-2025 Militia Man Al-Sudani has been having one achievement after the other and the results are out there for everybody to see. If you can't see it now, it's like man?? 1-31-2025 Clare Article: "Iraqi Bank Training on Cross-Border Payments, Financial Integrity" Quote: "The Washington DC-based Institute for Financial Integrity (IFI) has announced the launch of the Financial Integrity and Cross-Border Payments Training Program for the National Bank of Iraq (NBI), developed in partnership with the Central Bank of Iraq (CBI) and K2 Integrity." 1-31-2025 Sandy Ingram In the near future it's unlikely the Vietnam Dong will experience a significant increase in value against the U.S. dollar. Here's why: 1. Controlled Currency Policy. The Vietnamese government closely manages the value of the dong to maintain export competitiveness. A stronger Dong could harm Vietnam's economy by making its goods more expensive globally. 2. Inflation and economic balance. Vietnam's bank is cautious about rapid changes to avoid destabilizing its economy. 3. Global dynamics. Vietnam's reliance on exports means its currency value is tied to global trade dynamics, including demand from the U.S. and Europe. 1-31-2025 MarkZ Question: When they exchanged currencies in the past-How was it given to you? Mark: Right into your bank accounts. …Also in the past-before electronics…if it were a smaller amount…they just handed you cash. 1-31-2025 Frank26 Article 12-2 c not being voted on or passed yet by parliament that's because IMO Article 12-2 C and the new exchange rate are married and Alaq is performing the ceremony right now... And now, a bit of Bruce's Bull Sh*t 1-31-2025 Bruce [RUMOR] ...President Trump wanted to make sure that Iraq was ready to go and to bring out their new rate, and that rate would theoretically be in their new budget, which is being passed, probably by the weekend...so it could end up going in to the printed version of the Gazette and the virtual version of the Gazette On Saturday or Sunday...we believe that it could come out to where things could start happening around noon on Saturday.
  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 Question: "What do you think Iraq's time to allow international to exchange our notes? That's their prerogative. Normally when something like this happens the IMF works with that central bank of that country and they figure out a time frame. It can be three months or six months. It can be a year. The Untied Sates of America never cancelled our 3 zero notes. America never stopped allowing 3 zero notes to be exchanged but I got a feeling Iraq will, and they should. Militia Man Article: "Al-Nusairi: Explains the new mechanism for external transfers after the platform is closed" We have been following this and we have been spot on...They finally have done what was expected. This is to get the Central Bank back to normalcy with international standards. That it a fact. A very good thing to have had correct all along [in our] study of the Iraqi Dinar... Pimpy We know that al-Sudani is going to be talking to Trump real quick here. Last time [Trump was in office] they didn't make any changes and what ended up happening was they had to devalue the dinar before the country went bankrupt. So this time around they might jump ahead of this and devalue the dinar ahead of time so that the impact is not that hard against the Iraqi people and against Iraq if crude oil prices go down. Sandy Ingram Two of Iraq's most ambitious infrastructure projects, the central bank tower in Baghdad and the Grand al-Faw Port in Basra have been recognized as some of the most significant mega projects in the world for 2025. The projects ranked 11th and 10th by the renowned British platform the B1M. These achievements reflect not only Iraq's commitment to modernization but also it's ambition to reclaim its place on the global stage as a hub for economic and cultural progress. Samson Article: "British platform includes the Central Bank Tower and Al-Faw Port in the list of giant projects in the world for the year 2025" Jeff Iraq's '25 budget still in the works with the government expected to send the budget tables to the council representatives in early February. The rate needs to change before that guys. That's why I've been telling you you're in red-hot January. January is a critical month to our investment. And now, for one of MarkZ's outrageous rumors: MarkZ [Rumor] I have talked to a couple Iraqi sources and they still believe this is it. They have contractors that they are in contact with that are suddenly being called in. I have one who will not tell me what the re-negotiated rate is on their contracts. One of them mentioned $3.91, but I do not know for certain if that is really it. Its from a contact I don’t know really well.
  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 MarkZ Question: if Iraq is increasing her foreign reserves through correspondent banks, isn't that international trade? Mark: Yes and that is why some are getting excited. Kaperoni Question: "In reading these articles, I find they contradict each other. I remember a few months ago that only 13 banks were not in compliance with CBI standards. Today, I read 32 banks have limited functions. Is this difference between gov banks and private banks, or am I still in the weeds trying to understand foreign banking?" Some of the recent articles are opinion articles. Sandy Ingram In the 3rd quarter of 2024 the Central Bank of Iraq reported steady growth in both bank deposits and cash credit across state and private banks. Article "Iraq's bank deposits reach $97.32 billion in 2024's third quarter" These figures highlight a positive trend in Iraq's banking sector with increased confidence in both savings and lending activities across the country. Pimpy The last time Trump was in office, we became the #1 exporter of energy which affected oil prices and affected Iraq. With Trump coming into office, we're going to quickly see what kind of impact he has on Iraq and the oil market...All we can do is sit back and watch. If Iraq thinks it's going to go in the same direction as it did last time and the value of oil per barrel goes down, which could hurt them big time. PompeyPeter They won't carry on until they have something out on Forex. Let's not forget the importance of that because that's attached to WTO. I think that's an enormous indicator of where we're at. They've got to pull the plug. They've got to show that rate internationally on Forex even if they show 1310, which they won't because they'll implode economically, but they've got to put something up on that board. They've got to show the international world the currency. It's got to be up there. Frank26 Soon I will be receiving, god willing, thousands and thousands of locations where you will be able to exchange. Not the ones where you call the US Treasury, where they tell you all the banks in America where you can exchange. Not that one. The one where the CBI is releasing thousands of banks all across the world. Those banks are going to collect the 3 zero notes...Michigan and California are the number one states. Jeff Up Until, through the end of September was the government's busiest time period for having and holding sessions of parliament, getting record steps done, all in preparation for them to revalue. Since September they only got a few odds and ends done. Why so little? Because they have a rate change date and they are working around that date awaiting the revaluation. In this month of January you're witnessing them on a small level starting to implement their banking reforms via what they're doing through the currency auctions. That's another critical preparation step for them to revalue the currency... Militia Man Article: "Al-Sudani in Tehran: A new alliance to confront terrorism and the challenges of the post-'fall of Syria' " Iraq as a mediator in the region is going to go along way to keeping stability. There have been meetings with the "new" USA administration by phone at the highest level and an unannounced delegation from the same prior to his Sudani's visit. He is home now. I imagine things went well for all included. Like it or not Iran is a very large trading partner. There has to be a very strong agreement by all parties public and private. Iraq is taking her place again in the region. She has always been in that position as mediator. MarkZ [Rumor]⚡ Things are looking good and there has been a lot of activity. Suddenly a lot of banking contacts have been checking in. Which is exciting. I have had 4 confirmations from banking contacts that I have known for yea, they are telling me now to prepare for new rates. One of them said “It looks like that thing you are expecting is happening by Saturday. New rates by or on Saturday”. Stay calm though. Pure BS in my opinion..! Yada Their banks are now handling all the currency exchanges from the region and around the world. Not just the dollar, they are exchanging dinar and the increased value is about to be seen by us.
  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 Frank26 Question: "Do you believe in the tiers getting paid first?" A: I hate to break your heart sweetheart but there are no tiers. People created this illusion that if you belong to this tier you have to give up some of your dinar, you have to be part of their group, whatever it is you will be able to exchange first. That's beyond stupid as stupid can get. There are no tiers. There's no, first level, second level, third level of our American population. Everybody's got dinars, everybody will be treated the same way. Why? Because they all fall under the international banking laws. There is no other ways. There is no other options. If they tell you, 'give me your dinars and you'll be part of the [XYZ] group, RUN! You're not allowed to do what they're doing. That's evil. MarkZ [Rumor] According to articles...the numbers easily support a rate of $3.50 to $4.00. Samson Article "Oil Price Global Oil Website: Trump Will Impose Sanctions on Iraq" Militia Man They say today the exchange rate is 1320 dinar for every dollar. That is the true exchange rate however that will change to an international acceptable exchange rate when the Central Bank applies the new exchange rate to be on international Forex markets. They're preparing for that to happen before our eyes with the [new] reinforcement mechanism...They have switched from the old dollar auction system... Clare Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "The US Energy Information Administration announced on Saturday that Iraq surpassed Saudi Arabia in oil exports to the United States during the past week."
  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 Militia Man Iraq has done what they said they were going to do all along. The Central bank implemented a new electronic system so that the central bank would be out of the dollar auction...They now use the correspondent banks to facilitate internal and external trade... The central bank will no longer deal with retail...We can see January 2nd...there's not transfer abroad. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is now showing comprehensive approach on how to trade the Iraqi dinar on Forex. They got some guy going over documents, page after page, on how us Iraqi citizens can invest in Forex. FRANK: This gentleman is teaching you Iraqi citizens how to invest in the Iraqi stock market because you are soon to have purchasing power to do so. They have never taught you this before because you didn't have the purchasing power to do so. Jeff [Response to Militia Man 1-3-2025 Post above] They had a currency auction today. Total sales [abroad] $283 million, 7 banks participated. Nothing has changed. The Central Bank is still having currency auctions. Sorry you missed the fact that there was NO CASH transferred, Jeff..! MarkZ My best contact who I trust due to the position he holds in Iraq, says de-dollarization is under full steam and they expect a new rate within a week or so. Clare Question: "I thought the CBI used the electronic transfer system to send USD abroad for the daily currency auctions, yesterday's news stated they stopped the electronic transfer system. How could they have officially stopped it yesterday, when they sold 283 million USD ABROAD in today's auction?" [That] IS NOT A FOREIGN CURRENCY AUCTION. IT IS A REPORT ON THE NEW SYSTEM - "Foreign exchange window results"
  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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We at point now that we expect Alaq give us a speech at any time now. Samson Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November" Pimpy Article: "What are Iraqis waiting for after the news of the 'sudden suspension' of the dollar sale platform by the Central Bank?" That is a big deal by the way. They've been talking about stopping the auctions for quite some time. This is their way of getting away from the dollar altogether and by doing so allow them to win the international community. This is going to eliminate a lot of the criminality. MarkZ [Rumor] I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within day. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited. Frank26 The Vietnamese Dong has explosive potential IMO based on...that the world will now slowly turn more and more towards Vietnam for the things that they used to get out of China. That evidence has already been displayed in the last six years in their economy...If you went to Vietnam today you'd think you were is Dubai. Militia Man We're going to keep our eyes peeled for 4805, which is the Ministerial Council of Justice numbering system which talked about the federal budget. We haven't see that opened yet for 2024 but we see that it's printed. We don't know exactly what the contents are. We're hoping the new exchange rate is within it. Walkingstick After they stop the auction the nation of Iraq's currency has to be backed by something. It will no longer be backed by the American dollar. But with a basket, the other currencies can back up the Iraqi dinar. But that's not the best way for it to go. The best way is for the Iraq dinar to be backed by gold or by its assets inside of that basket giving it the most power for all the other currencies...No doubt the currency of Iraq is not just backed by oil but by endless amount of things.
  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 Walkingstick You want to go to Chase [to exchange your Iraqi dinar]? Nah. Where you going to go? Aki: There's going to be thousands of those exchange centers all over the world. If Chase is going to make you wait 6 months I'm just gonna go to Aki's or the CBI's private banks. In Michigan there will be hundreds of them. Frank26 Sudani and the CBI defend the monetary reform because that is the security and the stability for the new exchange rate. Wolverine [Rumor] The platforms are closing down right now. It looks like we are crossing the finish line. It’s all (allegedly) coming before Christmas. Samson Article: "Al-Sudani: The citizen wants to see something realistic and is tired of promises" Militia Man Article Quote: "After getting rid of heavy burden of its debt, Iraq has transformed from a country indebted to other to a country that can be a creditor to others." Iraq is not going to be be in debt to others but they'll be one that can credit to others. Iraq's going to have a lot of money. Non-oil...oil...tourism revenues...are all in play. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about the dollar exchange. FRANK: of course they are. That's all they're going to talk to you about. FIREFLY: They're saying the dollar platform is about to stop. They're saying there's a shock that's coming when the platform stops. Then they're saying the dollar will rise because of the demand. We think they are warning to be careful not to use the dollar. That's crazy. We know the dinar will have to go up... FRANK: Yeah, because it's not going to be just 1 to 1 IMO. It'll be maybe a little more than 1 to 1 which means it has more value than the American dollar. MarkZ [Reference Mnt Goat post 12-20-24] A change in the dinar rate breaks that parallel market, so to me with the mechanisms put in place yesterday… now they can pull the trigger. Mnt Goat Do you realize how long we have been waiting for this news to get off the sole dollar in payments for imports and be done away with these corrupt currency auctions? Yes, Iraq is now officially out of the sanctioned mode of paying for imports...Can the news get any better (other than getting the RV of course…), WOW! WOW! WOW!. Yes, it’s DONE! ...I see this process moving ahead now very nicely. +++ Friday Midnight Opinions +++ Frank26 [Iraq boots-on-the-ground report] FIREFLY: Gazette number 4,805 was written and it is all about the amendment that they did in the budget...but it still has not been released to the public yet... Militia Man Outside illicit trade have been warned about "SHOCKS"...The dollar auctions are going to cease and apparently within this year. They did say that is was not going to be specifically on any day. They suggested that timing was open, yet to be within this year. imo That could be anytime or any day they choose. Those that are not associated with a global correspondent bank or hooked up with system already have been warned all year long. It is on them now if they suffer losses. This shows there is no stopping Iraq's Monetary Reforms... Walkingstick The IQD is being introduced to its basket members. These foreign currencies that are coming in through the contracts, some of them, if not most of them, will be playing the part in the float of the Middle East basket. Why is it that this basket is the next chapter in our study? Because the CBI auctions are ending on December the 31st of this year and there will be no restrictions on the Iraqi dinar on an international level as it was before ...This is article VIII compliance which allows them to stop the auctions...Once the float increases the international value of the Iraqi dinar it will start to pair to these currencies in this basket and IMO it will quickly rise in value due to the demand that we are seeing right now. Kaperoni Article: "The Central Bank of Iraq decides to add the Saudi riyal and the Jordanian dinar"
  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 Mnt Goat I am told by my CBI contact that if it is successful after monitoring for inflation, then if all is good, the CBI will launch the Project to Delete the Zeros and we know what comes next. They will have too also launch the new peg of the IQD to the new basket of currencies. Are you happy yet? Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy told me the dollar auctions were the main and only thing that was holding down the value of the Iraqi dinar and now that Iraq has opened channels to the international countries for money transfers and when the black market of the dollar auction closes it will allow the value of our currency to go up. FRANK: I agree with him 100%...The stoppage of the auctions is the key to everything. All of the other dominoes are going to fall one after the other at a very fast pace. Sudani is working very hard to make sure that he closes the auctions with everything in place in order to give you purchasing power he promised you... MarkZ [Rumor] I am getting more rumors on rates. Two more contractors believes it will be in the $3.92 range. The one I have most confidence is still staying quiet on the rate. He says “Yes we had meetings, and are negotiating rates”- but nothing more.
  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 Question: "Have you heard how long we will have to exchange?" We have head from [Our boots on the ground Firefly] and our people there that it looks like it's going to be 10 years for you to exchange your currency back. If you recall, Shabibi said our IQD would coexist with the new Lower Denomination notes. Militia Man The hold up for the last three months lies in the budget, in my view Article 12. Is that the key? Is that the Rosetta Stone? It sure looks really good. If that key is what we're looking and that article 12 happens to be specifically related to the exchange rate, I think everybody in the world is paying attention. MarkZ Article: “Iraq is second in the Arab world and ninth in the world for possession of natural resources.” Wow - 9th in the world - yet there currency isn’t worth much? Iraq can clearly support a substantial increase in the value of the dinar. If you recall, that's exactly what Shabibi said; then he said that Iraq's resources could support $16. Samson Article: "Governor of the Central Bank of Iraq receives a delegation from the International Finance Corporation" Walkingstick The auctions...were the reason why the purchasing power of Iraq's currency was being bled out of the country and out of the hand of the citizens. Those auctions needed to be stopped, changed and eventually metamorphosed into an auction that is usable with foreign currency and the Iraqi dinar in their country. They've accomplished all of this. Frank26 Chase Bank has its talons locked in to the monetary reform by the jugular vein and it's not going to let go. When you go to them and you say, 'But you said it was a scam?' They'll look the other way and they won't give a ****. Chase is going to play a vital role, a major role in the monetary reform of the Iraqi dinar... Breitling [Syrian government overthrowing and reduced Iranian control] We have to see what Iraq does because that offer is still on the table for Iraq to be part of western markets. It's a big deal because they don't have to follow the leader [Iran] anymore. That influence is gone. There's a huge opportunity for Iraq here. We have to see how it all shakes out. Frank26 What was it that we needed in order to bring forth the new exchange rate and the new lower notes? Security and stability, Dr. Shabibi made it very clear to the whole world, we need security and stability. Do you think Iraq is secure and stable now...in order to bring forth the monetary reforms, new exchange rate and lower notes? Yes. Samson Article: ”A historic event in Basra.. More than 140 ambassadors in the province to see its reality - Urgent" MarkZ There are roughly 140 ambassadors descending on Iraq this weekend. Let’s hope they are there for a reason. This weekend is positioned for some great possibilities. Militia Man There's 140 ambassadors already started arriving for a celebration in Basra. For what? A historic event inclusive, UNESCO, UNICEF, the World Bank, deputy ambassadors, etc etc. Why would they all be there? For what? Because they're going to showcase, for all the investors. What are they going to showcase? Iraq's basically sounding like they're going to open to the world. I don't know about you but I'm really excited! I've been white knuckling it for a few days. Let's watch what they do, let's watch what they say. Mnt Goat Article: “THE TURNING POINT: IRAQ’S LEAP INTO THE DIGITAL ECONOMY” This is a shift towards better financial inclusion. Iraq’s transition to digital payments will unlock a range of economic benefits and I am told by my CBI contact that this is the precursor to the Project to Delete the Zeros and the plan to end the currency auctions of using dollars to electronic transactions by the end of the 2024... in about 3 weeks. We look forward to the initiation of the Project to Delete the Zeros, if in fact the CBI does intend to reinstate the dinar back on FOREX. Let’s all keep an eye for what happens when Iraq finally makes this huge transition away from using purely cash to all digital. MarkZ RUMOR I have gotten another report from another Iraq contractor saying that they are due to renegotiate rates on their contracts with the government of Iraq this week. So I am going to say that the rumors out there with contractors are true at this point. I am definitely hearing that a number of contractors are negotiating rates on contracts in the low $3 range. This has me exceptionally excited.
  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 MarkZ I am hearing that we are about to see Maliki’s removal from the political scene in Iraq. And completely removing Iranian influence; and an RV. This is what some very excited folks in Iraq shared with me this morning...which makes me feel exceptionally good. I believe we are about to see Sudani’s opposition disappear. Maliki is the one who has been backstabbing and stalling things. All Unconfirmed..! Walkingstick Politicians...that is the only reason we have not seen the new exchange rate yet. Parliament is trying to continually stop what Sudani has promised the citizens of Iraq. Whether it be by the end of this year or the beginning of next year, that promise has to be met and kept. Sudani will arrest as many and all of these parliament politicians that have been going against the citizens of Iraq. He will not only arrest them but put their faces on television. The citizens will know each and every one of them... Militia Man If you change the value of the currency to come back to a previous era, which they specifically said they're going to do. Sudani said a few time the dinar is going to be stronger than the dollar, that's going to be a shock to some people especially if you're in the parallel market.
  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 Please don't trust anybody. Don't let your dinar out of your sight. If they [the bank] tell you, 'We're going to take these dinar and we're going to send them to another institution for them to count them, to make sure they are real.' [Say] give me the address. I'll take it to them. 'No, they don't allow the public to go there.' Okay, bye, bye. I'm going somewhere else to exchange them. Militia Man Government plan is to promote and to move from an oil rent economy to the non-oil revenue streams that will come from the private sector. There's no doubt Iraq is opening up to the world. The private sector is going to drive Iraq's future growth levels to where we've never seen before. To me it's, buckle up. This is getting really, really good. Samson Article: ”Economist: The parallel market sells the dollar at a price not controlled by the government" Nader From The Mid East I think it'll be between $2.50 and $2.84. I can see the end of the tunnel. I don't know how far is that but I can see it so I'm excited about it. I'm happy for everybody who is going to make money of it, not only for Iraq, I'm happy for everybody...You guys invested in yourself and in Iraq in the same time... Frank26 Sudani is waiting for the success of the budget in order to release the new exchange rate. That success will come when the laws are given to him...He wants to give you the budget [with] exchange rate. Nothing is going to stop Sudani anymore. That's the beauty of what I'm seeing right now. All I care about is what Sudani is doing and it is phenomenal. I call Sudani, mini-Trump. MarkZ RUMOR There are a number of bond contacts who are looking to receive all of their dollars over the next week. We suddenly got off “stuck”. This means we could soon get our announcement. Things just got very exciting on that front. They are taking massive amounts that were “off sheet” assets now going into the M1/M2 or spendable dollars to cover these assets. This is huge and I have never been this excited. Sandy Ingram This is only important to us if and when it comes time to exchange our Iraqi dinar bank notes...We don't want to end up like Zimbabwe and not have access to exchange options. When asked whether Iraq has a closed currency system the answer is yes and no. A closed currency is one that is not freely traded on international markets and is typically restricted to use within its issuing country. As of 2024 over a dozen countries maintain closed currency systems [Including the Indian Rupee, Zimbabwe, ZiG dollar and North Korean, Won]. The Iraqi dinar is not classified as a closed currency, however it might as well be. Iraq's central bank has implemented specific foreign exchange controls and restrictions to stabilize its currency and prevent illicit financial activities.
  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 The monetary reform is an agreement. It is comprised of many different parts. The best part I can give you as an example would be article 140. Article 140 is the agreement for the HCL to be given to the citizens through the budget...Nothing is stopping it...I know the HCL is agreed upon. I know Article 140 has taken care of it... Sandy Ingram Iraq is in a fragile status. Anytime there is a concern about external forces upsetting Iraq's progress [we] feel obligated to inform IQD investors. The situation in Syria is more urgent than most of us realize. Video Quote: "The take over of Aleppo by an Islamist rebel group, the US has designated as a terrorist group, has alarmed residence and officials in neighboring Iraq. Residents in Mosul are particularly concerned...as it shares a large border with Syria. Mosul was overrun and ruled by Islamic State Militants from 2014 to 2017...Residents in Mosul are concerned the fighting in Syria...might embolden rebel sympathizers in Iraq." MarkZ RUMOR From insider news and other sources in Iraq - I have more confirmations that they are trying to having it done by Dec 10th and Victory Day. It made me feel really good to hear this from another source or two. Samson Article: "E-Payment Team: Iraq will witness a major electronic transformation next year" Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing guy talking saying the approved amendment to the budget will allow the citizen to receive their payments... FRANK: There it is! That budget is the key. That budget has the exchange rate.
  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 Frank26 Just because you see all the evidence that the monetary reform is already here it doesn't mean that it has to be given to them right now. If you have 95% of the skeleton, that's a lot of information. You can tell if it's a man or a woman...how tall they're going to be. You can tell a lot. That's why you can tell a lot about the monetary reform right now because it's 95% completed. What's the 5%? That's what they're doing right now. MarkZ A number of my contacts from Iraq that very much believe we will cross the finish line in the next 3 days. LMAO..! We have seen tremendous HCL movement in Iraq. There are many rumors that it has already passed. But I can tell you it was not in the Gazette this morning. In the Islamic world they tend to tell you about things after it is finished. So HCL could be done, just not announced. But the mood is very upbeat in Iraq. There are a number of folks looking at the next 3 days and we are hopeful and praying. Frank26 [Iraq boots-on-the-ground report] FIREFLY: People in the streets are saying Sudani had two years and he is not giving us the purchasing power that he promised us. He made a solemn oath to us and now he's saying not in two weeks, they won't be competed until the early part of 2025. This is unacceptable. FRANK: It's not Sudani that said that. It's this economy idiot and he doesn't represent Sudani. Fnu Lnu No one is exchanging at this time and Pimpy is correct. There are no 800 numbers, no bonds being paid out, no redemption centers, no meetings in Reno, no appointments, etc. This is all Dinar Mythology. Clare Article: "Guterres' representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict" Quote: "The UN Secretary-General's Representative in Iraq, Mohammed Al-Hassan, said that Iraq today is more secure and stable and that its government has succeeded in keeping it away from conflict." See DV post for full article: Guterres' representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict - 12/06/2024 Militia Man Article Quote: "The financial and banking systems are now in place. Financial transfers are not for just internet transfers but they're also for international institutions." Read it twice if not three times! Believe me...wow, this is big! This may very well be some form of an announcement like we've never seen before. We might be doing some white knuckling this weekend. I don't know that we've seen information like that coming from the country of Iraq and the United States of America. I don't think anybody's ever seen this! Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani calling Barzoni the leader of a crime family in Kurdistan. Saying Kurds are playing dangerous games. FRANK: It is sad that the evil politician of Kurdistan are playing this game. There will always be cockroachs in every government nook and cranny. This is their last attempt to stop his monetary and economic reforms.
  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 MarkZ Shabibi kept saying give me safe and stable and I’ll give you a revaluation. Iraq is becoming the most stable country in the middle east. Militia Man Article Quote: "The fiscal year of government banks in Iraq ends the end of December each year where some financial operations are temporarily suspended to conduct annual settlements and close accounts." Those that think Iraq is on a different system and different time frames for their end of year. Those that were saying April or March are wrong. Fiscal year of the government bank ends at the end of December each year. Frank26 There used to be a dinar dealer who used to send a little rectangular piece of paper in it and it said "Certificate of Authenticity". That's a bunch of crap. You're not going to go to a bank and say, 'Here's my dinar.' And the bank is not going to say, 'Let me see your certificate of authenticity.' No. [The bank is going to say] 'We're going to tell you if this currency is real or not.' Bruce (Reluctantly Posted RUMOR) We heard this from one of our Iraqi sources: that President Trump called President Sudani of Iraq, and congratulated him on the completion of the financial reform in Iraq. Financial reforms included the old HCL, the hydrocarbon law, the oil and gas law, because citizens of Iraq are getting a percentage of the profits of oil exploration throughout Iraq. My understanding is that now they're settling up and paying out citizens on the oil and gas law, the HCL hydrocarbon law, and they're paying in newly revalued dinar. MarkZ Article: “With documents: Test of the draft amendment for the budget law.” The second reading is done and we are waiting on the third reading to have their budget...We hear the third reading may be on Saturday. The rumors in Iraq are along with that third reading they will announce the HCL. I am told there is a good chance it could be published in this Saturdays Gazette. I heard that from a couple folks who believe that is going to be our “Go”. We may be in for a crazy few days everyone.
  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 Clare Article: "Donald Trump has been secretly communicating with ‘man crush’ Jamie Dimon about White House agenda for months" Quote: "JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory" Mnt Goat I want to tell you the statistics of the monetary mass in Iraq is in dinars not US dollars. Thus, 100 trillion dinars or about not even a trillion US dollars. I also want to bring out that the CBI just told us the size of the Iraqi foreign exchange reserves exceeds by 140% the local currency issued in the USA - the equivalent of the 1 dinar is expected to come out as about $4 USD. Militia Man Everyone is very impressed with Iraq's prime minister and especially where they are today. They're focus is financial inclusion, bringing the Iraqi world, to the world. They got new technologies - electronic taxes and tariffs - they're breaking out with their stock exchange. Their stock exchange has been on fire the last two year. One thing after another supports that Iraq has moved and done...things we've never seen before. It's powerful information. It's exciting times. Clare Article: "Iraq suspends official work on Tuesday, December 10 - Urgent" Quote: "official work will be suspended in the country on Tuesday, December 10, on the occasion of Victory Day over ISIS."
  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 Frank26 [Response to a rumor the community is hearing from Chase Banks - That you have to wait 6 months before you can exchange your foreign currency. 'Your account has to be with us at least 6 months before we do something like that.'] What district of stupid are they from? Are you serious? You know how many dinars I got and you're going to give up that fee because I haven't had my bank account for 6 months? I don't think they're going to apply that rule. The moment this breaks loose this thing is going to crack open. Everybody's going to want you. It is in my strong opinion, let go of this rumor that you're going to have to wait six months. I don't think Chase is going to force you to wait 6 months before you can exchange currency with them. But if for some strange reason they actually do apply that, walk out the door and go to another bank. Don't forget my friend Aki's 'Private Banks' that will represent the Central Bank of Iraq. Militia Man Alaq is talking about having an anticipation of a celebration. They told you almost a year ago that Iraq would be the savior of the financial system and bring confidence to the world. We're seeing them at the end of that transformation. Happy Thanksgiving Everyone..!
  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 MarkZ There are a lot of rumors about tomorrow. I’m trying to stay calm and see what happens. Pray that hopefully this is it. Samson Article: "Minister of Planning announces the success of the general census in Iraq" Militia Man Article: "The Central Bank moves its secret values to its new building. Clarification of the truth of the claim" Ultimately they are moving stuff into the new bank and I think that's heck of a timing for what we're expecting. It would be very apropos for Iraq to make a move when the central bank is ready to go. If that's the case now, it sounds good to me.
  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 MarkZ Article: “Parliament will resume the session next week and clarify the mechanisms for extending its legislative term.” They are committed to finishing some key things before they call it a holiday. The session is still expected to end just before Dec 10th which is “Victory Day” I am still hearing HCL is in there as well. And hopefully a rate change. Samson Article: "Parliamentary movement to dismiss the Governor of the Central Bank, Ali Al-Alaq" Militia Man Article: "IMF: Arab country confirms commitment to flexible exchange rate" Quote: "The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks." A flexible exchange rate is one that is determined by market forces of supply and demand in the foreign exchange market. The IMF suggesting shocks to come is likely a heads up that change is coming. Let's hope that change to come is for Iraq's exchange rate.
  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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: IMF on TV news praising Iraq for their financial and banking reforms and development. FRANK: Have you noticed the IMF is constantly, almost weekly, now bragging about the monetary reform process of the Central Bank of Iraq? Bragging about it. If you go to the IMF website, it will tell you in English the Iraqi dinar is going through a revaluation right now. There's no secrets. MarkZ Comment: Kuwaits dinar is at $3.25 right now - Sudani said the dinar will be higher. Mark: He said the IQD would become the highest in the world. He said it would return to its pre-emanate spot in the world. I don't recall Sudani ever making such claims. Clare Article: "Delete zeros and evaluate the dinar" Quote: "In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate...revaluation is the opposite of devaluation. In a fixed exchange rate system (the system followed by Iraq), only a decision from the state (the central bank) can change the official value of the currency...In a flexible exchange rate system, revaluation occurs on a regular basis, as evidenced by the noticeable fluctuations in the foreign exchange market...The United States maintained a fixed exchange rate until 1973, when President Richard Nixon decided to abandon the gold standard and switch to a flexible exchange rate system..." [Post 1 of 2] Clare "China...revalued its currency in 2005, which was linked to the US dollar. After the revaluation, it was linked to a basket of global currencies...The book values of assets held abroad may have to be adjusted to reflect the effect of the change in the exchange rate. For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar...If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000. This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency." [Post 2 of 2] Militia Man Iraq is going through a time where they're going to have the census. That census is going to be on the 20th and 21st. Some data suggests that in the Kurdistan region they started on the 15th...Preliminary results will be right there on and around 24 hours... Frank26 [Banks] don't want to lose customers. I told you you're Mr. Clampett, they're Mr. Drysdale. They're going to treat you like you have [money]. And I told you about perks...If you want to do business with one of these banks and you're in another state, they'll fly you in. They'll take care of your hotel. They'll pay for your food. They'll give you a rental car. You know how much money you're worth to them? That's why I use that example of the Beverly Hill Billies...There are a lot of perks they'll shower you with. They'll help you if you don't have your own team. I think you should get their team, your team, get a third team...You need advice. You need empirical data.
  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 Frank26 [JP Morgan Bank story] ...I was ecstatic, I talked to Vice President of Wealth Management at JP Morgan. The Vice President told me in his office they will 100% most definitely come to the house with security guards and take me to the bank if I need. They will provide a shuttle because at that point you're walking with money that's worth an ungodly amount. They told me when the time comes they would be able to provide an escort with people to take me to and from so I can conduct my business before or after hours. Sounds like extreme to me. I have a significant JP Morgan account, and have had NO such encouragement, or even a hint of willingness to assist. JMHO - RON
  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 Militia Man Once the dollars run out because there's no more smuggling going on, the new digital transformation has taken place, the new systems in place, the dollar itself in the country is going to drop up quickly. They change the exchange rate of the Iraqi dinar to be stronger than the U.S. dollar that [black] market is going to tank. A lot of people are going to be painfully hurt. It's their bad. They've been warned...The bottom line is the black market is about to take a beating. Supply is running short with the dollars. They've been put on notice...It looks positive for all of us. And now for some Wolverine I went to a meeting and was told it was defiantly happening. Don’t know when, but it is definitely happening. I am not allowed to say much but we will certainly have a wonderful Christmas. Although this is typical BS, it would make a wonderful Christmas present.
  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 Mnt Goat My CBI contact told me there is a planned meeting next week with the director Al Al-Alaq to review the status of the committee work and plan out the next phase of the project to delete the zeros. I was told that the CBI will no longer be supporting the currency auctions come the end of the year. She told me they are now working on many more foreign banks besides the already arranged four (4) U.S. banks that are going to also come into process of supporting the international conversion of dinar to dollars on payment of imports to Iraq. Why would these other banks want to exchange dinars if they were not going to be worth something and globally traded? This news was VERY good news for all of us. It tells us there is going be some huge change in policy of currency exchange for international trade with Iraq. Clare Article: "Al-Sudani and Trump agree to coordinate to stop regional wars and meet soon"
  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 Samson Article: “Salaries will be delayed. Fundamental changes coming to the Iraqi monetary and financial system" Frank26 Many people pose the question, I don't have my receipt. If I'm ever audited what am I going to do? If I don't have my receipt I'm going to be in the 40% [tax bracket]. I don't want to pay that much taxes. What do I do? Did you write a check? Your canceled check is your receipt. Did you use a credit card? You bank statement from your credit card is your receipt... Clare Article: "Financial Advisor: Increasing Iraq’s IMF Share Is a Step to Strengthen Dinar Stability" Quote: "The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Saturday, that increasing Iraq's share in the International Monetary Fund represents an important step in confronting the economic challenges facing the country and stabilizing the value of the Iraqi dinar. He explained that this increase constitutes an effective tool against exchange rate fluctuations and inflation problems, and contributes to enhancing investor confidence in the Iraqi economy." MarkZ Bank Story: “Spoke to the teller at my Chase bank this morning in Arizona. I asked if this branch would be a RV center. He didn’t know what I meant so I told him about the dinar. He said he was from Iraq and still has family there. He told me that Iraq was in a Renaissance and is a very prosperous nation. He also confirmed Iraq has gone to a new digital banking system.“ Iraq dinar will not keep that low value long. Militia Man The evidence is abundant. Iraq is finalizing her reforms. With what? The support of American partnerships especially with large economic reforms and financial aspects in Iraq. These things are going to be linking the East to the West and they told you, via what? Iraq's Development Road Program. They're going to need the freedom of capital movement. That's going to be the Real Effective Exchange Rate. Frank26 Remember when Alaq went to the United States Treasury and then he came back and then Sudani went to the Untied States Treasury in New York. Do you know where the United States Treasury is right now? In Baghdad at the CBI, during this meeting, IMF probably, WTO, well of course, they're there. What did they discuss? The financial inclusion plans in Iraq and about the digital transformation. This is all part of the monetary reform... Mnt Goat Have they reached some sort of benchmark in the electronic digital banking reformation? Probably...it seems they have made so much progress. Also remember all this liquidity in the banks from the stashes and hordes of currency now being deposited. Please connect the dots and see the oncoming storm of prosperity coming to Iraq. Remember that we investors partake in this wealth when it comes to Iraq, but only when it comes as a byproduct of all these reforms. Yes, when they finally move to FOREX the plan and thus the execution of the process for the plan is moving forward nicely, it seems at a more rapid pace as we near the end of this year.
  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 Clare Article: "The government completes the file to join the WTO" Quote: "Iraq has fulfilled all the requirements for joining the organization, through a package of legislation and laws currently being discussed to reform the current legal system to be in line with the requirements and controls of the international organization, such as coordinated trade policies throughout the country, including tariff rates and customs procedures." MarkZ If you follow most of their math on the REER (Real Effective Exchange Rate), the worst case scenario or bare minimum it could possibly be is .76 cents. What we are expecting is in the high $3 range or low $4 range which makes the most economic sense. I am still being told to expect higher than that.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.