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Showing results for tags 'tv report'.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 [Iraq boots-on-the-ground TV report] Firefly: The CBI on the bottom of the screen they are asking citizens to come in with their money to open new accounts. They're telling us they're going from 4.5% to 6% [Interest]...the governor of the CBI is saying now they want all the money off the streets as much as possible. Then they started talking about exactly how much currency has come out. They did mention this is a process to retrieve the currency in so that the lower notes can exist in the market place now. *** Walkingstick The executive level of the private banks in Iraq are meeting with the CBI. IMO they are discussing now the 1, 5, 10, 20 and 100...new small category notes. Also IMO they are in conversation about the 50 dinar note. The 50 dinar note was taken out of circulation about 10 years ago because it was not compatible with the program rate...IMO they have renderings of all 5 of these new small category notes...What's missing? There is no 25 note...they are also discussing the coins...they are also discussing the exchange rate for these five [notes]...you'll read about it soon [In articles]. *** Petra The question one must ask is…was the UN aware of the actions both budgetary and strategically as to all the next steps, actions, and necessary protocols to finish payment to Kuwait? Does one think the UN was blind to the approach Iraq was taking to lift all sanctions in order to progress their country to the international marketplace? No! The UN has been in lock step all the way and frankly was part of the timing and strategic moves of Iraq for years. I cannot count how many times the UN was in Iraq or, Iraq was at the UN laying out their carefully laid out plans for their future with the most important document…the White Papers that I would not hesitate to say they had a part or contribution to its development and approval. The final payment to Kuwait was NOT a surprise to the UN. [post 1 of 2]. *** Petra Wasn’t the UN representative Ms Blanchert (sp?) there for several days just 2 weeks ago? Why? IMO, for this very purpose. Did not Kuwait and SA formally recognize Iraq as a sovereign country? Surely they know what that means. Clearly much occurs in the background we don’t know about but the timing of bank activities, cessation of banking activities outside the normal protocols, and the announcement by both the CBI and the representative declaring their sovereignty cannot be ignored. Now there is the “letter” of the law and the “spirit” of the law and IMO the spirit of the law (intent of Chapter 7) has been fulfilled to allow Iraq to move forward with their reinstatement and forward progress of this country as designed in the White Papers. Go Iraq!!! IMO…[post 2 of 2].
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat ...The “White Paper” reforms clearly states to take the Iraq dinar to international and trade it on a global trading platform like for instance FOREX...We know also in the White Paper there is plans to harvest the revenues to the GOI from the customs and tariffs. They told us already they are using the most modern software for collection of these taxes and fees. This software ties into global currency exchanges. The IQD must be on the exchange to use the software appropriately. *** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Firefly: They are talking to us about the gradual increase in our rate. He says it will help monitor our currency so no one can do corruption on the dollar exchange rate. They're saying this will help monitor the exchange rate closely. Frank: I understand what they are telling you but they're not explaining it correctly. When we came into Iraq back in 2003 it was something like 4500 to 1. Now what is it? 1190 [1450?] to 1. That is the gradual increase in your exchange rate. It is correct what they are saying to you, they're just not explaining it to you. The goal now is to take your exchange rate to 1000 to 1 and then 1 to 1 internationally with a float...this is exciting.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Firefly: Allawi - the guy you told us to pay attention to is talking about our exchange rate. He just told us on TV that our exchange rate should have been changed years ago. He said it needs to float...and then he described how a float is based on supply and demand verses a fixed rate that is backed by gold. He says we also need the lower notes out...he talked about how Iraq already had digitally fixed the lower note issue - just need the lower notes on streets. Frank: The Finance Minister comes out and tells the Iraqi citizens, 'We need a new exchange rate. We need a new currency. [Post 1 of 2].. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Frank continued: In fact you guys are loosing money and the reason why is because they don't have enough change to pay you back, you don't have the currency for it. The new exchange rate is going to be calculated on a different denomination - these are lower notes.' We call them small category notes. Same thing. Wow! Firefly: Then Kazemi comes out and he is also saying to us there is a new exchange rate. And he says to us an exchange rate change would be for the Iraq citizens - for the people of Iraq - not for the government. Frank: ..Mustafa will talk to you in two days. [Post 2 of 2].. ******************
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat Article: "AL-KAZEMI’S ADVISOR: THE REST OF KUWAIT’S COMPENSATION IS $600 MILLION" Oh…so Iraq was NOT completely out of Chapter VII as we thought? Now we see why maybe they are holding up the reinstatement of the dinar. I Quote from the article: “noting that the completion of these compensations will close any trace and belongings of Chapter VII imposed by the Security Council on Iraq 30 years ago due to the Kuwait war.” So, with the oil revenue that is coming in monthly why wait until early 2022? Are they intentionally waiting while they put in place the remainder plans for currency reform once they are totally out of Chapter VII? *** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: All the previous rates again, they're talking about it...talking about time for Iraq to return to the glory days. This is a special report that they're showing to us again. FRANK: ..they are talking to you from the 'old glory day' of your currency to prepare you for the new glory days with the new exchange rate, with the new small category notes although they call them lower notes...when a government or a central bank repeats itself over and over and over again it's for your education. They're trying to reprogram you from what you don't even know about back in 40's to introduce you to what you're about to receive now in the new millennium.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: TV today now saying the study of the deleting of the zeros has been officially completed and it has been turned over to the CBI. They said that the strategy of deleting the zeros is to reform Iraq's currency and payment system... FRANK: Mustafa now has a scientific approved monetary reform study. What do you think Mustafa is going to do with it? ...he's about to give it to the citizens because he's been bragging and bragging that he's in control of the monetary reform. He's in control of deleting the 3 zeros. He's in control of the new exchange rate. He's in control of the new currency that they're about to give them... ** Kaperoni Iraq is in IMF Article VIII [?] That is incorrect they are an article XIV. This is verifiable by going to http://imf.org and under Iraq choose Iraq's position in the Fund. [NOTE: Here's the direct link to the page Kaperoni references - IMF Iraq page. ]
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Frank26 Have you noticed Biden is trying to pass a monster budget that he's working on. It's doesn't make sense mathematically especially when they've already passed a few trillion this year. Now they want to pass 4 trillion - whatever the ridiculous amount. Then he says to you don't worry about it because it's paid for. What? When they ask him how's it paid for...he says well I'm gonna do it with capital gains taxes...the reason why IMO is because he knows the Iraqi dinar is about to go up in value. He knows that there are hundreds of thousands of American citizens that have a lot of dinars so he's going to tax the living daylights out of you... ** Breitling Still trying to find out if this window is still open...They're [They were] supposed to come out with an announcement the end of October when they're going to have the meeting and present the report where they can make the decision and all of us are still just sitting here waiting for that ... ** Kaperoni the CBI is educating the citizens and the delete 3 zeros program. That might be but if so it's not what we want to happen. Such an event is a re-domination / LOP which is a neutral event...the only delete 3 zeros talk over the last few weeks in Iraq is colleges hosting seminars / symposiums. Clearly they're discussing a re-denomination/ LOP and the effects. Not a RV. Btw, these are not CBI official conversations but college professors hosting. ** Frank26 [Boots-on-the-ground Firefly Iraqi TV report] Firefly: The television is showing us now older currency. This is different. It's from the late 1940's and they're saying that it was $4.86 and they're telling us these were the glory days. FRANK26: Remember Mustafa said to them a couple days ago, 'we're taking you back to the glory days.' FIREFLY: Saying today's rate must be changed. It must be changed because it's against the people and it hurts them. They're also saying that the reforms at current rate would cost Iraq much money. FRANK26: They already told you there's a new rate coming...a new currency coming to match it. FIREFLY: They're saying Iraq has had many rates of the years and then they show a $3.2 rate also. FRANK26: Every day the governor of the Central Bank of Iraq gets you closer and closer and closer to a date that is written in titanium... ** Sandy Ingram The wealthy never ever spend the foundation of their wealth. In your case it would be the profits from your Iraqi dinars and/or other foreign currencies. Wealthy people invest their initial profits. The first person they hire is a financial advisor. The second person they hire is a tax professional to make sure Uncle Sam doesn't get large sums [The proper amount so you don't overpay] of their money. If you do anything else you are in the fast lane to going broke.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Pimpy Something big was announced... Article: "US Bank expects oil prices to rise to $120 per barrel" I think it was $45 a barrel projected for the 2020 budget. The 2021 budget either $50 or $55 a barrel...$120 a barrel? This is going to be phenomenal for Iraq. Talk about getting back on your feet in a quick way. This year they were able to get rid of the deficit. Next year if this price stays at where it is or even gets to $120 they will have a surplus. That means more money for the private sector...that's what we want to see...a strong economy create a strong currency. That's what we want. *** Frank26 [Boots-on-the-ground Firefly Iraqi TV report] FIREFLY: They are actually showing us our old currency from the 40s, and 5 from the old days, and then they talk about our current currency and they keep repeating and saying over and over today that the exchange rate needs to be reduced [reduced is the right direction] to help the citizens... FRANK'S RESPONSE: They have to show you the old notes because the old notes used a different exchange rate back then so they have to educate you on why you're getting a new exchange rate and new currency with it. You are being educated about the removal of the 3 zero notes...soon you will be introduced to the new small category notes which the governor of the Central Bank of Iraq is talking about with the new exchange rate...FIREFLY: We are amazed at all the stuff that we are actually now seeing and at the speed that it's coming to us...I am excited right now because it is the final countdown...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: TV loaded with commercials today showing Iraq as up and coming country showing new banks new businesses coming showing all good things about Iraq we seeing new commercials for banks…Arab league fund and IMF starting changing rate policy study and guideline big event going on it’s on tv about changing exchange rate policy…It’s all over our television every channel...new commercials...talking to us about the exchange rate...this is amazing. Says it’s a course on exchange rate policy. It’s hard to believe what we are hearing...our banks will soon give us a modern currency with a modern exchange rate this is all so hard to believe but we are so grateful…. *** Newshound Guru Pimpy What have we learned over the past year...? Is an RV or an RI possible? Are we getting any closer at all to achieving what we all want? Just so you know an RV is when they revalue the currency and RI is when they reinstate the value of a currency to its prior value...the United Nations, United Nations Security Council, the Forum On Economic Development all said there's no reason for Iraq not to be reinstated to their value of $3.22 cents prior to the devaluing of the currency by our country [USA]. *** Newshound Vital Brad If you look at the region where Iraq's at - Kuwait...their currency is very very valuable because of oil reserves. If it [Iraqi dinar] comes out at 10 cents I'll probably cash out half at the 10 cent rate and then I'm gonna wait. I'm gonna hold for it to raise even more. That's just my opinion. *** Newshound Kaperoni Speculative Challenge: [They may LOP and let it rise and fall from there which it looks to me like all the cards are stacked in that direction. They are just waiting for the right conditions and timing. Please convince me that the odds are over 50% in other direction. Hope I’m wrong!...] A: Remember, Iraq intentionally sold the dinar around the world so that it could eventually be held in central banks as a hard currency. Such an event would contradict that intention. Countries that have done that [LOP] have not been successful...
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 [Iraq Boots-on-the-ground Firefly TV update] FIREFLY: Sadr...on tv saying...we will improve the dinar to be in the ranks of the international currencies... FRANK26: Improve your currency to international levels …no kidding… and he [Sadr] says that Iraqi citizens are about to be rich… no kidding …Like we need to hear it from him lol but you will soon hear it from Kazemi and the governor of your CBI …by the way...the auctions today they are at a phenomenally low level for a phenomenal reason… *** Pimpy Article: "The International Monetary Fund expects significant growth in the Iraqi economy and decline in inflation in 2022" Heck yeah that's what we want to see. The IMF is predicting that Iraq's economy will improve by 10.5% next year. That's awesome . And there will be a decrease in inflation by 4.5%. That's exactly the type of thing we are looking for. This is going in the right direction...when you want to talk about things to look for indicators that their currency is going to grow in value these are some biggies right here...this is great news...it's looking really good for Iraq. Blessings Everyone..! RON
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON ** Pimpy {Election} It's looking good. There are some discrepancies but hopefully nothing major. Let's hope that all the right people we want to see get in office get in there because we want to see them raise the exchange rate of the dinar against the international communities... ** Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Tv today showed CBI rep saying they now are in the second phase of strategy for economic and financial reforms in accordance with the white papers for years 2021 to 2023. They went on to talk about all the parts the CBI banks are and will do for the white papers...Sadr back on tv saying the peoples oil is for the people and we will improve the dinar to be in the ranks of the international currencies gradually...Saying Iraq’s people should be rich it’s in their constitution that the oil money belongs partly with the citizens it’s their right to have shares of the oil revenues…saying from finance minister Iraq needs to adjust dollar exchange rate as the price of oil exceeds 80 a barrel….
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON ** Frank26 [Boot-on-the-ground Firefly TV report] FIREFLY: TV says today the Arab payment system has linked with the Islamic banking and now can interact with with payments...now Saleh on TV talking about need to lower dollar exchange rate. Saying they have reached maximum efficient at current rate and to make projects work they need the exchange rate to favor a stronger dinar value. Saying Iraq must have plans in place and get this done. (Post 1 of 2).. ** Frank26 [Boot-on-the-ground Firefly TV report continued] FRANK: All they are doing is preparing you...for the announcement of your new currency and your new exchange rate by injecting ideas into your mind into your daily lives that you are about to see a new monetary reform for your currency...What Saleh is trying to tell you is that you now have what is called in the financial world the REER!!! He is expressing to you that you need this true value for your currency in order for everything to work..(Post 2 of 2).. 10-5-2021 Newshound Guru Pimpy This is some good news. We talked about this. I spoke about this. It was a feeling that I had and it looks like it might actually happen. Article: "Al-Kazemi's advisor proposes solutions to reduce the value of the dollar" This is a biggie! ...Let me repeat that. To reduce the value of the dollar. Not the dinar. The dollar. This is the direction we want them to go into...I told you we were going to start getting into an area in which they need more purchasing power. (Post 1 of 2)..reposted 10-5-2021 Newshound Guru Pimpy Quote: "there are expectations that the Iraqi dinar will improve with the development of reserves and this is up to the monetary policy especially since the timing is appropriate and the opportunity is appropriate provided that there is financial discipline and correct development and without them there is no value." I told you guys it wouldn't take no 5 years for them to increase the value. My thought was you would see an increase over time because as they continue to rebuild the country they're going to need that purchasing power. (Post 2 of 2)..
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 {Firefly Boots-on-the-ground TV report:} FIREFLY: Finance Minister is on the news again and he's saying that the White Papers are here to fundamentally change the Iraqi economy and also said Iraq needs to float the dinar internationally on a global market and gain the true value of the dinar. He said it's time for Iraq to be a leader in the region and it has proved to these countries we have stability and the other countries realize this... FRANK: The fact that they're telling the citizens of Iraq means it'll be in print soon... *** Pimpy Article: "The exchange rate will be fixed in the 2022 budget and there will be no change in it" Did they say what the rate was? Drum roll please. I don't think the rates in here. It's doesn't say what the rate is so there's going to be a lot of talk and speculation between now and before they reveal it to us I can guarantee that...So they told the news that the increase in the dollar exchange rate is an idea that has been discussed for years. The previous governments did not dare take the step because of the risk and controversy surrounding it... *** Mnt Goat I am following the implementation of the white paper very closely as I believe this is what is going to get us to the bank. *** Frank26 All the central banks in the world met on the last day of the Baghdad summit when they closed the doors to show this delegation that you are Article VIII and confirmed with the world's central banks IMO that a new exchange rate and a new currency for Iraq is about to be introduced... *** Pimpy I really think we're in a great position. Seriously, if we could just be a little bit more patient. A lot of people have been waiting a long time. I get it. Right now we're seeing a lot of progress with Iraq like never before. Corruption has been dwindled down. We have a very transparent government there. Al-Kazemi seems to be well on his way of putting Iraq out there internationally. Building relationships with people. Keeping the country stable...Once they've rebuilt their economy and it starts to get stronger the currency will itself become stronger and will increase in value.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 [Boots-on-ground Firefly TV report] Firefly: On TV again today they did it again. We see several experts saying Iraq is wasting its money. He says the main reason is because there's no small denominations. They're saying if Iraqis were to go and buy something from a store like veggies they must buy a little and get no change back with the current prices, the current exchange rate and the current currency that we have right now...They're saying to us that Iraqi citizens need a smaller note on the street...another guy came out and he's saying the White Papers are supposed to support an economy thus making the smaller notes a reality... Frank: Everything Walkingstick and I presented to you, this is what they told them on their television today. Do you see it in articles? You will.
