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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 Bruce [NOTE: the ISO 200 2022 allows for all currencies to be exchanged - And to be trading, to take place using multiple currencies as payments for trade international trade.] ...the ISO 200 2022...is to be fully implemented...and fully activated ...by midnight, Sunday night...We could probably expect the Iraqi dinars international rates to be out in that time window...and we're hearing supposed to be printed in the Gazette... Saturday is their normal print day...HCL law is also supposed to be mentioned they brought up printed in the Gazette to...So that should be in there as well...I think it's really important to understand – this thing is good to go – and ready to go and should go...So let’s just see what happens... Sandy Ingram Article: "Good News for Investors: US Treasury Continues to Omit Vietnam Currency Off Currency Manipulator's List" Vietnam was not included on the US Treasury Department currency manipulators list this time. The list comes out twice a year and includes countries that may have surpassed the value of their currency. When a country does this it cheats investors on potential profits...Iraq is rebuilding after the war so is not yet subject to currency manipulation lists... Walkingstick IOO of our teams the new exchange rate of the Iraqi dinar this year is a fact... MarkZ Comment: Chase Bank wealth management sent me a lengthy email that they would like to manage my wealth. Funny thing is I only have about 2 thousand dollars in my account. Mark: They know what’s coming. It is a regular conversation with many bank employees now. Pimpy It's a tug-of-war for you to find that sweet spot when it comes to currency exchanges. Right now I believe the Iraqi dinar is way too low, It's too cheap. Iraq is starting to get get back on track. If they're going to start doing trade with other countries they're going to need a stronger Iraqi dinar... Frank26 Question: "Has anything changed in regards to Iraq satellite banks exchanging dinars for US citizens?" No. They will follow American banking laws. They won't do anything different than any American bank is doing in American territory. Militia Man Bank of International Settlements ....when the Central Bank of all central banks starts talking the world starts to listen ... Quote: "One of the outputs of the meeting is the preparation and publication of...workings papers on the latest...monetary policy challenges and how to respond to economic shocks in the countries represented at the meeting." All these banks....have been told there's going to be challenges ...When you raise the value of currencies...there's going to be consequences ...There's gong to be some good and bad but they're telling you, We're doing something and you need to be prepared... Samson Article: "The Arab Monetary Fund and the Bank for International Settlements organize the fifth meeting of the Monetary Policy Working Group in the Arab Countries" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking to us all day about the government taking measures to address the exchange rate and the parallel market but they can't change the rate. They say only the CBI. What's going on? Why don't the CBI help? FRANK: Calm down, calm down...As far as parliament saying whatever they are saying...who cares. Their voice is an echo in the abyss of darkness. Mnt Goat It seemed my contact in the CBI was bragging about the final steps and paperwork for the full membership of Iraq to the World Trade Organization (WTO) and to look for the official announcement this week or sometime next week. But it is completed. I asked if Iraq needs an international rate of the dinar in order for full membership. I was told and I quote from my source – “Iraq needed a tradable international currency”. I asked if this means liberated back on FOREX trading and was told YES! So, We are VERY close! These two events are converging (WTO and Reinstatement). MarkZ Article: “Baghdad reveals new economic package to further de-dollarize trade” Of course the goal is to strengthen the dinar. This one is from the Express Tribune “Unshackling the Iraq Dinar” Talking about how Iraq has a plan to unshackle themselves from US dealings…and is aligning themselves with BRICS and new emerging global commodities. Part of that process is strengthening the dinar…removing the 3 zeros…(not a lop). These are great…They are coming from main stream worldwide news sources and are talking about exactly what we are expecting. The Strengthening of the dinar…de-dollarization...and return of commodities backing their money.
  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 Clare Article: "For the second day...the dollar continues to decline against the Iraqi dinar” Frank26 If you are a student of Forex you will be able to see right now the Iraqi dinar is trading in massive volumes. It is putting itself in position when the new exchange rate comes out. Total BS, the IQD is NOT traded on Forex or anywhere else.
  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 "Could Iraqi dinar go international without placing on Forex?" Yes, but I really doubt that. Forex is going to grab it like they're in heat. The whole world is going to grab it. I told you, as soon as it changes it's like putting chum in the ocean, every shark is going to come. That's when sharks bite. Clare Article: "urgent... Al-Sudani will visit Moscow next week and meet Putin" Mnt Goat I was...told [by my CBI contact in Iraq] not to over-speculate on the RV, and the CBI has a plan and is actively working on it. The CBI can not put the cart before the horse and needs the support of the GOI for all the monetary reform. They feel that Al-Sudani is definitely onboard with the details of this effort and “fully” supports the plan and what the CBI is doing in this regards. They also told me the re-education news (program) is about to come out. Stay tuned….
  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 Jeff A very very very important Article came out... "Iraq prohibits cash withdrawals in dollar in early January 2024" This is either very very extremely good new or very extremely bad news... Quote: "The country will ban cash withdrawals and transactions in dollars starting from January 1, 2024 in the latest effort to limit the misuse of the country's hard currency reserves in financial crimes" Again this is either very bad news or very good news. If you receive it as good news it has nothing to do with the rate change specifically in the month of January. The rate is not changing in January. Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying within two weeks it will be the first step of the electronic transfer formation. FRANK: In two weeks they told Iraqi citizens they will be the first step of the electronic transfer formation? Which started on the 28th of last month? So what are your intentions in two weeks CBI? What are you sending across your border internationally? And Now for Mark's Rumor of the day: MarkZ A lot of my sources feel that Monday is our day…A lot of them …actually...think our day is before that; and Monday is when we start going to the bank! They are all expecting big things this weekend. I am hesitant to say if it’s a “go” or “not a go” just yet. But I am excited about the potential. There is nothing negative at all.
  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 Angel1 Thursday I'm guaranteeing you the auctions change. That's the CBI announcement. That's the 28th...that's their banking Friday. That means they automatically go into offline... I wouldn't go crazy looking for something on Thursday but let me tell you, official implementation date is Thursday per the CBI. Whether we see it Friday, Saturday I cannot promise you that...I'll also tell you this, this is very damn close... Pimpy Yes, there are a lot of reasons to be excited about the Iraqi dinar's future. There are a lot of steps taking place to make things happen. This Authorization of Military Use would definitely give Iraq back their sovereignty. They'd be free to do what they want without asking for permission all the damn time. MarkZ Rumors are “screaming” right now. But the biggest news of the day is the Senate passing the resolution to end the sanctions and the war on Iraq. This is huge and once the house passes it – it will allow Iraq to have full control over their own money …their own oil and their own destiny. Watch what happens the next few days. We know they are celebrating....I still think it won’t be until the weekend at the earliest. ...News is overwhelmingly positive.
  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 Angel1 Here's why I am extremely excited and fired up. I got a very special call...and here is what I was told. The CBI has begun the rollout. The CBI's teams have been activated, assigned and started working on Wednesday. So it has begun...We'll see some education. We'll see people getting in place. It has begun...Here's how I see it going. Sunday there will be approvals made. Monday it'll be pushed through parliament and next week should be very very exciting...I would be shocked if there is not a rate change by the end of September. Shocked. Shocked. Shocked. Sandy Ingram The Iraq prime minister discussed the cooperation between financial institutions in Iraq and the US Treasury Department with the US Assistant of the Secretary of the Treasury Department, Elizabeth Rosenberg. The meeting addressed measures the Iraqi government took to reduce corruption. The Prim Minister indicated the government is advancing the banking sector reforms which are crucial for the economy's growth by adhering to international standards... Rosenberg applauded the Iraqi government's outstanding efforts in implementing financial and banking reforms which would support Iraq's attempts to...expand its economy. Frank26 You have Iraq, Iran, the CBI official, US Treasury all in one room that doesn't make any sense unless you have have interest in changing the exchange rate and adding value to the Iraqi currency because there's security and stability in Iraq and it's all because Iran finally conceded, 'we give up'. MarkZ Question: Do we know why Iraqi delegates are coming to DC on Sun-Tues?? Mark: I believe it is for an announcement that will make us all very happy. At least we sure hope so.
  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: The news is showing US ambassador saying Iraq is close to its goal - it has more stability and security in a very long time and praised us about a new trade export at the Baghdad International Airport. FRANK: You've got the US ambassador telling the whole world telling Iraq's security and stability is thumbs up! Angel1 Very very soon we will have a brand new rate that they have been working on that you have been looking for and I have been looking for all these years. For Sudani to come out and talk about security and stability and the exchange rate is the ultimate setup to change their rate. Militia Man Article quote: "Iraqi and Iranian Central Banks are working on a mechanism to regulate trade and break the back of the parallel market." They had a problem with the black market. The parallel market is illegal. It's illegal to be trading in dollars...Sounds like they're about to get rid of it. Iraq is supposed to be dealing in dinar only...on the streets... Samson Article: "Source: Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar" MarkZ I am continuing to hear very positive stuff. The consensus is from my Iraqi contacts…that they are looking for a worldwide announcement of a rate change somewhere around the 20th or 21st. That does not mean we are waiting until then. That means that is when it should be announced to the public. We should hear something before then based on what I am hearing right now. Let’s hope this is accurate. I don’t think I have ever heard this much hype before…It’s almost overwhelming…In a positive way. Clare Article: "The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani traveling to meet USA president Biden on Sept 20th. This after meeting in New York for UN meeting. Angel1 ...WTO had asked Iraq for stability purposes, to finalize trade agreements...so they can show they had enough trade for many years to come. They've done that. That was announced today. Sudani even said in the special televised meeting that they have contracts that he's not even able to discuss. He even said some of thee contracts are not able to begin yet. And we know why. They're waiting for the exchange rate to change.
  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 Militia Man Alaq came out four or five days ago with a five page report specifically saying the delete the zeros project still exists. He stated specifically that...Al Sudani is still in support of the Iraqi dinar... MarkZ People I have spoken to who have crunched the numbers say it needs to be at least $1.30 to make sense for Iraq - IF they are going to do it that way. I am still hearing that we will have a contract rate no matter how they do it… because they need it for the “Oil for Dinar” program. {Rumor} Kaperoni Community Comment "...The Reinstatement is unfolding in the most appropriate way possible. There are many different forces at play and there are reasons why the RV is happening the way it is." The money supply in Iraq is over 80 trillion. The net worth of the country is only $16 trillion US dollars. There is no way they can RV the currency. Walkingstick It is more sound. It is more logical. It is safer at the onset that the rate should at least be 1 to 1 with the American dollar. Then a gradual increase via an international basket that floats the currency is very realistic. Agreed W/S, so let's get it done..! Wolverine [via Judy Byington] Sun. 30 July: “Very early today I received Intel from a very high Contact. I can’t tell you what they said other than things are progressing. Everything is ready. It won’t happen today but we may have very good news this week.”{Rumor} Frank26 [Iraq boots-on-the-ground report] FIREFLY: News showing Sudani meeting with CBI governor Alaq talking about measures to make the dinar strong and stable in the markets and talking about reforms...CBI saying nothing should be higher than the official CBI exchange rate of the street which is 1320. Jeff The budget and the rate change, which are very much linked together, they're like two peas in a pod. The budget cannot be implemented because it's a structured budget in a way where it can only be implemented at a specific certain time...that's why as of right now you haven't seen the budget implemented yet. Neither have you see the rate change. Everything can only happen at a specific time...
  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 Walkingstick The plan is to de-dollarize Iraq as much as possible. They're doing a very good job. It sure doesn't seem so to me. RON Militia Man ...There's a rate that's being involved...to all these allocations that they'll need for this '23, '24, '25 budget, that hasn't been exposed yet...We believe they are not going to go into an international market at 1310. If they could have done it already they would have done so... Samson Article: "The Central Bank of: Issuing a new denomination for the national currency is not on our agenda at the moment". ...The Deletion of the zeros project still exists... Jeff A very important article came out today that is very critical and important to the rate change. Article: "Parliamentary addresses to Al-Sudani calling for changing the head of the Central Bank" This is a very important critical step for the rate change... NOW, for some of Bruce's outrageous nonsense claims: Bruce ...we heard from a very, very high military source that is well connected to this process. He is telling us that we could get notified between now let's call it...tomorrow and Monday, the 31st...We could get notified over the weekend. But it might not be until the 31st or the first which is Monday...get started on Tuesday, the first... I think we're all going to be very happy campers at the end of this month. And at the very beginning of August and I'm excited about that.
  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 Nader From The Mid East Since December 2021 they started to build the country. They started to fix their economy. They start to fix their private sector. They start to fix their banking system...international system ...the dollar against the dinar...the dinar himself...He needs a lot of work. I told you before..whoever put the dinar down, that's the person who's gonna put the dinar back up...It's not the CBI. It's not the government of Iraq and it's not government of the United States. [Post 1 of 2....Reposted] Nader From The Mid East The government of the United States can help, yes. The government of Iraq can help, yes. The CBI can help, yes. The call is the Treasury. The call is on Forex. The call is on all this World Bank and all that stuff. It's not on CBI...The CBI can only get better, do better a job and get stronger and get more money, more reserves, more goals, more things like that for the dinar to go up for these people to decide, 'Okay, Iraq has this, this, this, this, the dinar is worth this much.' ...Iraq is doing a lot better, yes. [Post 2 of 2] Frank26 About two weeks ago it was nothing but IMF, last week it was nothing but the government of Iraq and now this week it's all about the CBI. The CBI took the microphone, 'Get out of our way!'... Who? Basically themselves. Who's in charge of monetary reform? CBI. Who's gonna receive the new exchange rate? The GOI. Who's doing all this? Alaq, the governor of the CBI and Sudani the PM of Iraq. They're sitting there saying, 'Get out of our way.' Who? Mainly those little things are Iran. It's the parliament in Iraq which is Iran influenced... Clare Article: "Economic warning of Iraq's return to Chapter VII." Quote: "Economic expert Abd al-Hasan al-Shammari warned, on Monday, that Iraq would return to Chapter VII and impose sanctions on it due to banking violations of the Swift system, stressing the importance of diversifying the sources of the economy and trade exchange with capitalist countries." MarkZ I have been getting calls and messages all afternoon about chase banks...about systems being down, remodelings, closing branches, adding virtual branches…all kinds of craziness. Rumors are flying and its very interesting whats happening at Chase as they prepare for the brand new system...The official story is they are simply downsizing banking. More and more people are going electronic… they are automating as much as they can to save on labor. The unofficial story is a number of employees are telling folks they were told to expect a lot of new wealthy customers. We are gearing toward wealth management. Absolutely NO PROOF of these claims. No one else has heard any such information - I have several chase accounts and a Wealth Manager who is aware of my holdings, with NO comment. RON Walkingstick Iran wants to stop the HCL because Iran can't exploit Iraq's money anymore. Their money grabbing is coming to an end and they are very angry about this...you would think that with so many being busted left and right that they'd stop stealing but they are so stubborn...
  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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about a date to show us citizens the instructions to implement the budget after the federal court rulings. FRANK: So, after the federal court ruling there's a date to use to open the budget...we're just waiting for one bloody thing. That's it. The new exchange rate...all roads lead to the new exchange rate of the Iraqi dinar. yada 1 dinar will equal $1 in Iraq. But when we exchange that dinar in the US, it will be $3.81.Because the dinar will have 4x the spending power in Iraq or worth 4x the value of the dollar. If it floats in Iraq starting at $1.60, that means we get $1.60 in the us starting out...As the exchanges increase and demand for the dinar increases, we will see the value increase in the US also...What affects the float is the demand for the dinar. All governments are holding dinars in reserve, when we go and purchase oil, we will use their dinar with it's increased value...And what is even more amazing, all countries will be purchasing Iraqi oil using their dinar, not the petro dollar. Yada has his/her head where the sun doesn't shine. Outrageous & untrue statements. Wishful thinking...! RON
  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 Between me and you when has the government ever done you a favor? When have they said, 'Oh, keep it all. Knock yourself out.' Never..! So don't lie to yourself. Prepare yourself. You know there's a car coming at you at 100 MPH step on the brakes now not when it hits you. [NOTE: At the appropriate time speak with your tax advisors to be sure you pay the correct taxes for your unique circumstances.] Pimpy People keep saying Iraq can't do this total rebuilding without changing the exchange rate. I was thinking the same thing too. And it was with good reason. They could really benefit from that but the more research you do into a currency exchange rate and the things that are necessary that support it the more you realize Iraq is severely lacking in almost everything. The only thing they have is oil behind it. I know there's people out there telling you oil should be good enough. No it's not. It's amazing that it was sufficient in the past, and it is so with other Gulf nations today..! RON Nader From The Mid East I heard one of the major banks in the United States is gonna go there [ Iraq ]. I'm not gonna say the name because I'm not sure yet. When I'm sure I'll let you know. I heard one of the major bank in the United States it's gonna be in Iraq ...they're gonna open banks in Iraq . Chase had already indicated their desire to open branches in Iraq when they were there..! RON Paulette The issue is freedom of movement of capital. That is what will open Iraq to the world. Go Article VIII announcement Go RI. This is at the discretion of the IMF. In the meantime, I hope Iraq restructures their currency very soon. This is a CBI function and at their discretion. Bruce's Outrageous Rumor: As far as Iraq is concerned, they are wrapping up their Eid on Sunday. We have a new rate from Iraq coming out and the Iraq dinar - the new Iraqi dinar - will be on the Forex Sunday evening at five o'clock and we would be able to see it here. If you're a Forex person, you could see it...It's been on there and it's been trading, but it's been blocked for the United States. Now my understanding is that Sunday at five o'clock if you're a subscriber to Forex, that would come off and you would be able to witness the rate and see the trading that's going on with the Iraqi dinar starting around five o'clock - On Sunday, the second of July. Kaperoni Community comment "Iraq should have a tradable currency before they join the WTO." They already do! The dinar is globally tradable. The problem is no banks want to deal with it until Iraq's central bank is in compliance with other world Banks under IMF Article VIII. Not true Kap, they are considered an exotic currency and are NOT traded on Forex or any other exchange, although they show relative prices because they are tied to the USD. RON
  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 Militia Man Kind of crazy - Lots of stuff we don't understand what's true, what's not true. It's pretty common to see things going back and forth. That's to be expected. We've always talked about this over the years. Even the great Dr. Shabibi talked about at the end there would be propaganda...We'll see if this is taking place. Angel1 Our investment is wild. We are literally seeing a 3rd world, war torn country become not just a first world country but a leader in the 1st world country. It's mind-boggling...we know Iraq has the value. What we're waiting for is simply the rate to reflect it. The value is there. Bruce ...We've heard directly from our contacts in Iraq, that Iraq did everything ???? finally...they were allowed to do, by our Government - letting Iraq...put out a new Iraqi dinar currency and rate to open the budget so that it could be seen to make the oil and gas law passed and read...And that was done...And all the ATMs in Iraq are loaded with new lower denomination, Iraqi dinar similar to our denominations. And just how do you know that has been done..? And those have been up and running for a few days now. ????? They have a new rate that came out earlier...[Thursday]Where in the world did you hear that BS..?. That is very strong...it's been exposed internationally. No it has Not..! It's being traded up from when it first came out. Wrong again Bruce..! And that's a good sign. ...we have heard from pretty strong sources “imminent”...it could be over the next day or two. So we'll just have to wait and see what happens... I think we're super close. Clare Article: "The Governor of the Central Bank meets with the Vice President of JPMorgan Bank" Quote: "Mr. Zelikow praised the recent measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing and the adoption of international standards in money transfers...the Governor of the Central Bank of Iraq called on Mr. Zeljko to open a representative office in Iraq, promising him to provide the necessary support to facilitate this step...JPMorgan Bank is the largest US bank in terms of financial assets, with assets amounting to about $4 trillion.
  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 Question: "Have they stated which notes will coexist with the new small categories?" All of them will coexist. MarkZ So I am trying to keep myself reined in with this news today...It’s exciting …hope it plays out...I am hearing that this month is still very much in the target. Meaning there is a possibility of notifications and announcements tomorrow...That is the rumor. I am stunned at the number of well connected sources that believe this is accurate today. From the number of communications I have received (from where, your imagination..?) …tonight may be an interesting night on the boards. There is a very concerted effort to make this happen. I have a lot of excited bankers as well. Hope this is accurate…the chatter is through the roof. Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 1 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD. It is not unreasonable to think that you could wake up one morning and this be the case! ...Your first task would be finding out where you can exchange your IQD for greenbacks. The bad news is you may have to travel to the Middle East to trade your Dinars. Or, the good news is the banks in the United States will exchange your IQD for USD. [Series 1 of 5] Henig Article: "In one day Central Bank of Iraq boosts gold reserves by about 2%" Quote: "the Central Bank Mazen Sabah revealed that Iraq bought 2.5 tons of bullion on Thursday, bringing its reserves to 132.73 tons, pointing out that the strategy aims to obtain more gold in the second half of the year...Iraq resumed gold purchases in 2022 after a four-year hiatus as part of a program to diversify its foreign assets of about $100 billion".
  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 Militia Man You can't make this up...Lo and behold they come to an agreement to sort out the U.S. debt, and then now the next thing is we're seeing they [Iraq] are getting ready to sort out the 2023, 24 and 25 budget. MarkZ I did think we would have seen the budget yesterday. I have some sources over there that still say its done…they are still working on logistical things? Over the weekend they are talking about lower denominations again. About the importance of lower denominations and the importance of digital banking. They are giving us all the information for those paying attention. They are still educating people on the coming price change ...On the rumor side: Some sources think tomorrow is still a “go” . Some think we will be in the banks before the 10th of June. No one knows the date or rate…but everything tells us how close we are. Clare Article: "After the recent amendments" .. Shafaq News publishes the 2023 budget bill" Quote: "According to the text of the budget...the financial revenues for this year are estimated at 134 trillion, 552 billion, 919 million and 63 thousand Iraqi dinars, by calculating revenues from exporting crude oil at a price of $70 per barrel and a daily export rate of three million and 500 thousand barrels and 400 One thousand barrels per day of the region’s oil exports, and the exchange rate for the dollar is 1,300 dinars."
  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 MarkZ There are meetings going on with the UN in Iraq (And you know this how..?) as they talk about all the changes as they are looking to change their values....I am hearing phenomenal things about the weekend (in his imagination and from other gurus). Hearing phenomenal things about the possibility of an announcement in Iraq tomorrow. Stay calm...We are all praying its accurate this time. Everything continues to be very positive. Nader From The Mid East Today it seems weird. They stopped all electronic transaction in Iraq. They stopped them all and we don't know why. What's interesting is that the CBI & GOI have been pushing people to use cards and electronic transactions, then they come out and do this to them..! Hopefully a new exchange rate will be revealed soon, prior to resumption..! RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: All of our cards like MasterCard and Visa card and key cards...are suspended all of a sudden...they're saying due to changes in the CBI. Something is going on. And they say they'll be back up in a couple of days...This is all falling together nicely and it seems to be for this weekend. FRANK: If they have reached the budget...and they're going to come out this weekend with it, then it makes sense doesn't it that everything else now has to freeze for the budget to come out with a new exchange rate that will be calculated into your cards, loans, accounts, daily life, your new lower denominated notes...let's see what happens...
  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 [Iraq boots-on-the-ground report] FIREFLY: International companies are being paid in dinars so it is close. It would be nice if you would prove this Firefly..! It is very close. We can sense it. All the devices in the country are set up for the reform. FRANK: Like the sun rising in the morning he cannot stop it. The momentum of your country is unstoppable right now. The monetary education is about to show you everything that they have told you. We are talking within weeks to days... Pimpy Iraq does have goods that it exports but they have to get this going...They are having to import more than they are exporting so it seemed to me you'd want a dinar with more purchasing power IMO so you can get more of the goods you're bringing into Iraq... And NOW, here's Mark's latest rumor regurgitation: MarkZ They are...discussing in the mosques It would be nice if you would prove it..! …new paper money…which are the lower denomination bills. The delete the zero project is they delete the zeros, add value and release the LD bills...The news out of Iraq is fantastic.
  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 Frank26 Article: "Al-Rafidain: The success of the experimental launch of electronic collection in the first education of Karkh, Rusafa, and taxes" Quote: "the bank has begun implementing the first phase of the electronic collection system and putting it into effect" THE MONETARY REFORM EDUCATION TEACHES ON THE COLLECTION OF THE 3 ZERO NOTES. Nader From The Mid East My friend from LA called me gave me a couple of good news, and I wanted to confirm, so I called somebody else over here about the IMF saying they're ready to turn the switch. The US treasury same way. I heard about the rate...This is what they told me. I don't know if it's true or not. I cannot confirm it because over here there's no noises about it. But they said it's gonna be $4-something. Me, I believe at $3.45. I don't believe more than $3.50. I don't believe that [$4-something] strongly...
  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 Walkingstick [Follow up to Walkingstick's CBI minutes post Early Afternoon] Do you remember 3 or 4 years ago when Walkingstick's firm was selected by the Central Bank of Iraq as part of a testing with 2 sets of books? One accounting book was to pay the employees of the firm in USDs. The other was to be kept private to pay the Iraqi citizens in IQDs. This was called the RV Phase Recalculate, Recalculate, Recalculate of the exchange rate. The test was successful ...it took all those years for what we told you to finally come out. The books were paying the Iraqi citizens in IQDs instead of American dollars. The other book that was open was paying in American dollars to their employees. The test was to see what exchange rate is capable of sustaining the Iraqi dinar. MarkZ They are telling them in the mosques to be prepared for new paper. They are referring to “new Currency” New paper money…new bills...They will be different, they will look different, and they will feel different. They are bringing the people up to speed. They are not giving them a “when” yet. But, they are telling them it’s in the very near future. And they need to be prepared because its coming at any time...I keep hearing from all my contacts there…including contacts inside the government…That they have indeed already passed the budget and are waiting to announce it…it is done. I agree…they are clearly making provisions for HCL and oil deliveries and things are moving forward... Based on the rhetoric coming out of Iraq I am confident we will see great value in the extreme near future. I would imagine the new paper currency Mark mentioned is the new small currency notes (NSCN) "IF" they are really speaking about them in the mosques. As for the budget being already passed, I believe is total nonsense. They are attending to the affairs of the country, and they wouldn't keep a passed final vote secret...utter nonsense. Just a bit of Mark speaking his opinion as true fact. RON Trader [Tax Story] I met with my C.P.A. firm here in Tucson, Arizona on April 3rd, for a billable 1-hour. He stated to me that this investment in foreign currencies, upon exchange, will be taxed at the Capital Gains rates, which can range from 0% to 20% in tax year 2023, depending on the taxpayer's income, marital & filing status, & the length of the holding period of the investment. Holdings over 1-year are taxed as Long-Term Capital Gains, but if the holding period is under 1-year: [Post 1 of 2] [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances and exchange strategy.] Trader "Net short-term capital gains are subject to taxation as ordinary income at graduated tax rates"...directly from the actual official IRS.Gov Tax Topic #409; pages 1-2. My research also shows the following statement of fact in: IRS Publication 525; Taxable and Nontaxable Income - page 34; "Foreign currency transactions. If you have a gain on a personal foreign currency transaction because of changes in exchange rates, you don't have to include that gain in your income unless it's more than $200. If the gain is more than $200, report it as a capital gain." [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances and exchange strategy.] Nader From The Mid East I'm going to try to give you the best I can because I've been busy for a couple of days, not working...working at home, traveling a little bit in Iraq...We're almost there I promise. Just a little patient. A couple more weeks okay, everybody will be happy.
  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 Article: "The Central Bank participates in a workshop to support the proliferation of points of sale (pos)" Quote: "Deputy Governor, Mr. Faisal Al-Haimus, stated that this bank is the best support for the private sector participating in the paradigm shift...The reality is that this cooperation will soon reap its positive fruits" It's a paradigm shift. Heck yeah! ...to have something so dramatic from a program rate to a float on your currency that only would add value to it on a constant basis?!? Paradigm shift is right! Holy guacamole! This is fantastic article...they're talking about the new small category notes that's the only paradigm shift that's occurring I promise you. The Monetary reform takes the IQD into a new dimension. Militia Man We hear there is a timeframe for them to have the whole country...online electronically sometime around June 1st...that's what we're hearing. It's not necessarily in writing, cut in stone but effectively based on what we're getting from the banking side of the equation... MarkZ I am excited. Excited about today…excited about where we are headed…excited about all the progress we are seeing… I continue to hear from a lot of different sources like contractors and in the finance ministry over there…that there is a lot of pressure on…and they seem to have a goal in mind somewhere around May 10th…but it could happen before that. None of us know the exact timing. We are guessing based on what we see and hear. All of the indicators are very solid right now. These are exciting times…frustrating…but exciting. Walkingstick These 8 points are from the minute notes from the latest CBI and their private banks meeting that they had last week. The individuals [who got them] were at the executive level. 1. The subject was about employees are now paid in IQDs throughout Iraq] because it is their national currency. They are proud of the monetary reform success. [Post 1 of 8-stay tuned] It's taking forever for the remaining 7 points. This one was available 5 hours ago..!
  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 I have a better idea of when to hold'm and when to fold'm. Because at $1.50 I'm already half way there to the $3 I was seeking. In reality I wouldn't be surprised if this thing goes into the $4 range. Walkingstick The articles are not keeping up with what they are telling the citizens. Remember this education is for them. Not for us. Militia Man Iraq's new banking system is going to be all about them facilitating international trade...They've got their systems to the point where they're internationally compliant...in compliance with the IMF regulatory requirements. MarkZ There are a lot of conflicting news stories coming out of Iraq. Part of the diversion to keep us guessing on timing…. Right now they are letting us know their legislative holiday is supposed to start on May 9th….BUT, if they budget is not done…they will extend this session until it is. We of course have contacts on the ground over there that say they have already passed the budget but have not announced it yet. That they are waiting to execute it because they are working on the exchange rate change. We were expecting this back and forth to happen at the end. Just like what they did in Kuwait. The morning of their revaluation they ran an article saying no rate change for 6-9 months then they did it that same day. This is the kind of news we are expecting to get.
  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 I suggest if in fact they do what they say they're going to do, 'We're going to do it soon', 'We're going to do it in weeks', 'We're going to do it in days', 'We're going to do it now', 'We're going to do 1.5 times.' By that equation that Al-Sudani is giving you, not me...if that holds true what they've done is they have adjusted the rate again to squeeze the black market... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Something is about to pop...it has to. After EID we expect some changes to the current rate. To more like 1000 to 1... FRANK: Pay attention to your prime minister. He is trying very hard to tell you your currency is at 1.5 to the American dollar. It is possible they may start the float at 1 to 1.5 instead of 1 to 1. And NOW for Mark's EXAGGERATED thinking & Rumors MarkZ We are hearing from Iraq that they are fully section 8 compliant…Its finished…. This is another key piece…its done..! I believe at this point they have already passed the budget…I think the GOI is sitting on some huge news and will simply announce it and a rate change soon…. I could be wrong …but that’s what I think. Iraq is doing everything they can to move this forward…
  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 Walkingstick There are many articles that are coming out saying the official exchange rate of the Iraqi dinar right now is at 1132. Even though it's not posted doesn't mean it is not. And that doesn't mean that it IS either..! They are using that rate. They don't want people profiting from the exchange rate anymore...they want a parallel exchange rate to match the official exchange rate. No more dual exchange rates... Shafaq News agency reporter (correspondent) indicated that the buying and selling prices decreased in the exchange shops in the local markets in Baghdad, as the selling price reached 140,000 Iraqi dinars for every 100 US dollars, while the buying prices amounted to 142,000 Iraqi dinars for every 100 US dollars. In Erbil, the capital of the Kurdistan Region, the price of the dollar also decreased, as the selling price reached 143,100 dinars against the dollar, and the purchase price reached 141,000 dinars against 100 dollars. @ 2023-04-09 - 13:58 and That's the facts...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 Walkingstick There are many articles that are coming out saying the official exchange rate of the Iraqi dinar right now is at 1132. Even though it's not posted doesn't mean it is not. And that doesn't mean that it IS either..! They are using that rate. They don't want people profiting from the exchange rate anymore...they want a parallel exchange rate to match the official exchange rate. No more dual exchange rates... Shafaq News agency reporter (correspondent) indicated that the buying and selling prices decreased in the exchange shops in the local markets in Baghdad, as the selling price reached 140,000 Iraqi dinars for every 100 US dollars, while the buying prices amounted to 142,000 Iraqi dinars for every 100 US dollars. In Erbil, the capital of the Kurdistan Region, the price of the dollar also decreased, as the selling price reached 143,100 dinars against the dollar, and the purchase price reached 141,000 dinars against 100 dollars. @ 2023-04-09 - 13:58 and That's the facts...RON
  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 ... ESPECIALLY if it comes from Bruce ... RON Clare Article: "Member of Parliamentary Finance: The stability of the dollar exchange depends on the government's control of the market" Quote: "The dollar began to decline continuously against the dinar as a result of these packages that met most of the Iraqi market's requests, noting that this contributed to reducing the difference between the official and parallel exchange rate, pointing out that most markets began dealing in the Iraqi dinar, and this will contribute to its support." And NOW, we'll have an extreme statement from our Bruce the Goose setting us up for an April 1st surprise (April Fools Day)...! Bruce ...we have information from a source - That's very strong - That says that Saturday, yes, April 1st is the day that all the funds start flowing...what makes this time different is that Iraq finally made their way onto the Forex... Wednesday, the 29th of March, for the first time in...I'm going to say almost 20 years on the Forex...Not as a an exotic currency but as a real bonafide currency that's been revalued and has a new value that is probably being traded up as we speak...we've been waiting for that to show up... now we've got to see how that manifests. But, it would be wonderful if it were true, and we were all pleasantly surprised...!
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