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Found 25 results

  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... RON *** Frank26 [Iraq boots-on-the-ground TV Update] FIREFLY: They're talking on news Channel 1 saying it is time to open and adjust our exchange rate. Then they say when the government is finished sitting itself...we're going to have purchasing power...they're saying the official seating of the government will be in March. FRANK: What they mean is the complete GOI. Right now what's important is that we get the cabinet which we got in parliament sitting...the GOI by the end of March - this has nothing to do with what we're looking for. *** Kaperoni ...There are a lot of Articles...about changing the exchange rate. Yes, they are talking about it. They want to bring it back to what it was just a year ago around 1170. There is no RV.
  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... RON *** Frank26 [Iraq boots-on-the-ground TV Update] FIREFLY: The television has the finance experts saying that Iraq's credit rating has been lifted up after paying off Kuwait. FRANK: You see the articles didn't tell you that. FIREFLY: And Iraq has a new budget that will help produce economic gains for our country like never seen before. They saying reconstruction and growth will abound in Iraq and the White Papers plan will flourish. FRANK: As you get closer to the government being seated, the Iraqi citizens are now saying give me what you promised me - A new era. *** Clare [Comment: The CBI is saying they are not waiting for Parliament if they are not ready.] THE CBI CAN ACT INDEPENDENTLY IF THEY SO CHOOSE TO ON THE EXCHANGE RATE... FRANK26 HAS EXPLAINED THEY WANT TO BE “SHOULDER TO SHOULDER”… THIS WILL GIVE CONFIDENCE IN FRONT OF THEIR PEOPLE TO RELEASE THE NEW EXCHANGE RATE…BUT WHEN IS “ENOUGH IS ENOUGH?” THAT WILL REMAIN TO BE SEEN AS WE CONTINUE TO WATCH THIS ROLL OUT. IMO
  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... RON *** Frank26 [Iraq boots-on-the-ground TV Update] FIREFLY: Two federal lawsuits that the Federal Court is going to listen to have stopped the work of the current parliament session according to Baghdad Channel 1 News...these 2 lawsuits must be addressed until any further action can be taken by parliament...meanwhile citizens are demanding more that the exchange be set back to previous rate... FRANK: It appears once again the Iranian jerks are sticking their foot in there and saying we got 2 lawsuits...it doesn't matter what your tactics are. The monetary and economic reforms are going forward...things are really looking good IMO... *** Nader From The Mid East You know why nothing is happening? They're organizing the government. The government is not organized yet. It's not 100% completely organized. It's maybe 40%. We need a president. We need a president of parliament. *** Sandy Ingram Iraq's Supreme Federal Court temporarily suspended the parliament speaker and his two deputies on Thursday...two rival groups claimed to be the largest block, with the right to form the government...chaos erupted...the suit filed by two lawmakers argues that the election process of the speaker and two deputies violated the constitution...Old News..! *** Frank26 [Iraq boots-on-the-ground TV Update] FIREFLY: The television Channel 1 news is saying that Iraq has been removed from the European Union high risk of countries. This is a huge step for us they're saying for Iraq...and then the Foreign Affairs Minister is on our Television talking about how far Iraq has come to exit the European Union risk list. He talks about the future Wealth and growth. FRANK26: Everybody wants that kiss from the prettiest girl at the county fair that is selling her kisses for one dollar apiece. Everybody wants a piece of Iraq now. That is the biggest telltale sign...
  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... RON ** Pimpy They're not going to tell you guys ahead of time. It would just be a disaster for the country. You'll wake up one day and it's done. The rate change happens and then you'll start to hear about it. As a matter of fact when Kuwait did theirs they told people that it wasn't gonna happen for a long time and three days later they changed the rate. ** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They have made a request to the United Nations to lift us from Chapter 7 completely, make it official. FRANK:...Once they officially announce that you are out of Chapter 7 that will equal the float of your currency. MERRY CHRISTMAS DV ... Be Blessed..! RON
  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... RON *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI officially announced it has paid off Kuwait so all clear with Kuwait. FRANK: The fact that the CBI has made this official means that you are now officially article VIII and your country is about to float and because of that get ready!! Chapter 7 equals float. *** Mnt Goat In Iraq there is news that the dinar is going to soon be redenominated. This means the project to delete the zeros will be conducted soon, if all goes according to schedule. I suspect maybe in early January. We will see the reinstatement shortly afterwards after the CBI monitors for inflation and corruption of the first step. Earlier this week the CBI had long meetings with representatives from all the chartered banks to review the next step of the process of the redenomination. I am told they even showed them the newer notes and fils. But what can we expect as investors? We can expect nothing until the dinar is reinstated on FOREX and as we know the redenomination is the first step in this process... *** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They just announced to us on television the cancellation of any and all deposits or any withdrawals from any of the private banks in Iraq. They said this is gonna start tomorrow. FRANK: Which is today. FIREFLY...until Monday. And all banks will be closed here on Sunday. The reason given was for some annual maintenance to pay account interest and do annual reports. FRANK: These reports...are always done in the first quarter of the following year. For them to tell you that they're doing annual maintenance, to pay accounts of interest and do annual reports is impossible because the year's not over with yet. That may be true to a degree but it sure creates a window of opportunity for the monetary reform doesn't it.
  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... RON ** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The news is saying Iraq reserves now are over $64 billion and they are saying to us they are awaiting a major decision by the United States of America which will have a significant financial increase for Iraq when this decisions is made...they are talking about Iraq's hard cash reserves in Washington D.C. FRANK: That's just $64 billion dollars from the USA. That's not their gold. That's not their other precious metals. That's not their bonds. That's not any of their other assets...it's way past that. ** Newshound Pimpy There seems to be some interesting movements happening that line up for a possible RI and RV. Now I don't go out and pump hopium up people's butts. I just don't. I keep grounded... but what I was pointing out is it definitely looks like the chances of an RV or an RI have increased once Iraq is removed from Chapter 7...If you look at some of the news article that are coming out recently...you can see what looks like they're preparing themselves for a rate increase. I don't want to jump to any conclusions but it definitely looks like they're heading that direction. Again don't run out and sell your house, don't sell your kids, don't sell your mother. Calm down sparky. We have been led down this road many times and it has led to a dead end but there definitely has been a lot of good news that's for sure. ** Walkingstick [via Frank26] Walkingstick's friend that owns two banks in Baghdad came to the United States of America...because the CBI talked to him, 'Would you like to have satellite banks with us? You've got this state [name withheld for privacy] go and do what you've got to do.' ...They came here to finalize the updating of the software in the private banks...IMO it will be functional in the next two weeks...this is part of the monetary reform phase...a lot of paperwork acceptance by the banks to accept MasterCard and Visa cards inside of these private banks...some of these 'satellite banks' have already done the downloading...it's not for you. It's for the Iraqi citizens that live wherever these banks are... [Post 1 of 2]. {Reposted for continuity} ** Walkingstick [via Frank26] When his friend returns back to Iraq he will have to meet with the CBI to report to them what he did with the uploading of the software in the satellite banks that he represents 'wherever' in the United States and it is said IMO the next meeting will be for the discussion of the new small category notes that are about to be distributed. And wouldn't it be fantastic if at this meeting (or before) Walkingstick's friend was shown the currency sheet. That would be great.! [Post 2 of 2].
  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... RON *** Clare Articles: (1) "The Central Bank: Many Iraqi banks have begun to expand outside the country"; (2) "Central Bank Governor : Iraq has become an attractive arena for investment" THIS SHOWS THAT THE NEW RATE IS NOW BEING ROLLED OUT! AS SOON AS THEY ARE FINISHED WITH WHATEVER THEY ARE FINISHING, WHICH WE ARE NOT PRIVY TO, THIS WILL POP AND WE WILL GET TO EXCHANGE!!! IMO WE SHOULD ALL BE SO HAPPY WITH WHAT THEY ARE SHOWING US RIGHT NOW! I AM!!! *** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: All news today has been about Barzani from Kurdistan. He's been meeting with the house speaker...about the Erbil deal. They're saying they're making sure all parties are working to make the agreement work as they will be addressed when the budget and the rate is reviewed sometime in the early part of 2022. They're saying that the Erbil agreement will have a huge impact and allow citizens to receive oil as promised to them by our constitution. FRANK:...The HCL is part of the economic reform because it is also in the white papers... *** BobTheTaxMan Ways to save on this anticipated gain coming from our IQD investment...we have three objectives. 1. Reduce Taxes any way we possibly can. To do that you look at income, capital gain taxes, estate taxes. Those are the things we want to reduce as much as possible. 2. Defer - ...we have a variables. A. We don't know when. B. We don't know a rate...when this thing comes out let's just say it's a dollar...If...you don't want to have to cash in your IQD at that moment and be exposed to that huge taxation this is where a Charitable Remainder Unitrust (CRUT) comes into play. It defers that taxable event until later. The last one which is my favorite 3. Eliminate them. I don't want to pay taxes on this gain in any way shape or form and the way you do that is with the Roth... [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique exchange strategy.]
  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... RON *** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: Kazemi advisor being interviewed right now and they're saying that it's time for Iraq to move to the global platform. They're saying Iraq has shown stability...saying Iraq will be a main power in the region and the dinar needs to be on level playing field globally so Iraq can reach maximum effectiveness of our currency and reforms. He keeps talking about how the CBI will review the exchange rate in early 2022 and that will support the white papers... FRANK: The Iraqi dinar supports the budget. It supports the monetary reform. It supports the economic reform and it supports the new small category notes that are going to be coming out. [Post 1 of 2]. *** Frank26 FRANK: Notice every day almost every second of every day is being used to drill into your understanding that you are about to receive a new exchange rate and a new currency denomination for that new exchange rate. This is all part of the education that is coming to you rather quickly now...it will continue long after the RI in a completely different form of education which will mainly be about the international trade and your currency's float at 1 to 1 playing fair with the American dollar...your currency is soon to surpass the American dollar..[Post 2 of 2].
  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... RON ** Frank26 [Firefly Iraq boots-on-the-ground TV update] Firefly: They said time is now for Iraq to be on the stage of international acceptance of their country's currency...and saying it will be a leader not only in the Arab region but global...they're saying the banking sector is the key for the international acceptance and Iraq has been working hard on this behind he scenes...tonight's part will talk on 'Can the dinar exchange rate return to its previous value' FRANK: This is the final countdown ...the next video they're going to give to you is on the pros and cons - will probably show you the new small category notes as they talk to you why they have to change the exchange rate..[Post 1 of 2]. ** Frank26 [TV update Continued:] ...and why they have to give you the new small category notes to match this new exchange rate. Because the program rate is only a calculation for the 3-zero notes. The 3-zero notes are now being removed permanently from inside of your country...Do you realize how close we are? ...they will show you inside of the banks the bulletin boards - 4 feet by 2 feet - the currency sheets. Once they do that IMO they will put those same pictures...on the electronic billboards in your streets. Then I believe the exchange rate will be introduced to you after all of this has been presented to you...IMO they have to show you what they're going to give you first and then they give you the exchange rate during or shortly after or at the beginning of the year..[Post 2 of 2].
  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... RON *** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The big news we're seeing right now is that the United States treasury has stopped the automatic withdrawal of the money from the oil profits to Kuwait to pay for the compensation. They're saying Iraq through the CBI will make the final payment sometime before the end of this year. Then Iraq will send a special request to the United Nation for Iraq to officially be removed from Chapter VII. All of this will occur before the end of this year. FRANK: Everything seems to be pointing to either just before the end of this year or at the very beginning of next year. *** Petra Article: "Economist on the 2022 budget: It will address the fiscal deficit and debts owed by Iraq " ...incredible article...Talk about a potential "strategic" leak this article says MANY things... 1.) Quote: "it is expected that next year's budget will reach the limits of 90 billion dinars," Well wait a second...I thought they did all the calculations in "TRILLIONS". I checked the translation...it indeed says "Billions". Has something changed? 2.) Quote: "the value of this budget will cover the financial deficit and debts owed by Iraq , in addition to securing the salaries of employees in full." ...This can only happen when the country is "sovereign" and working under Article 8 of the IMF and "FULLY" international...! Folks, these are not Typo's! Their words... and strategically given out...IMO.
  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... RON *** Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The CBI governor is on the news with the British Banking leader. He's saying Iraq has allowed the British banks to open inside of Iraq to help facilitate trade between the two countries. Then the CBI governor said this new bank from Britain is just one example of many opening up across our border and the fact that we now have taxes that we collect and that we now have customs that we collect because all of this was needed for the white papers and the economic reform...the Finance Minister is on the news...he says that Iraq needs to review the exchange rate in early 2022 in order to make the white papers reach the maximum effectiveness. FRANK: All of these things they're telling is just to prepare you for your new exchange rate and your new small category notes...
  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... RON *** Frank26 [Iraq FIREFLY boots-on-the-ground TV update] FIREFLY: All last night they kept talking to us about the digital platform again...telling us that it is complete, saying that in early 2022 the budget will be supporting a rate that will enable it to bring the white paper reforms. FRANK: When you say 'When is it going to happen?' It's happening...the first video made it very clear 'we're international.' The second video is about, 'should we raise the value of our currency.' FIREFLY: They just told us they have 3 shows and the next 3 shows will be Friday, Saturday and Sunday to finish the whole pros and cons series. [Post 1 of 2]. *** Frank26 FIREFLY: CONT: They say the dinar is back to global trading market platforms. They're saying Iraq will again be a leader in the region and they said that the dinar will be a supportive feature not only in the country of Iraq but on a global market. FRANK: ...This is fantastic. Every day notice that they're telling you more and more. Now they tell you that the new exchange rate is basically in the white papers. They already told you that it's in the budget of 2022. Remember they called it the 'guarded surprise' for you Iraqi citizens in order to complete your reforms. I'm extremely excited for you and for me...that's why they're teaching you about the new small category notes that you are about to receive..! [Post 2 of 2]. *** Pimpy Iraq's doing everything they can to regain their sovereignty to get removed off the blacklist. We got more oil in the fields that need to be drilled and discovered. We need to develop the private sector so people have jobs but in addition to that less reliance on oil for the budget. The elections are over. Corruption is being dealt with. And we know that Sadr met with Al-Kazemi. Let's hope something comes out of that and we see this continuation of great work...
  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... RON *** Pimpy They need to continue to do what it takes to lower that % of oil sales for their budget. A strong private sector means you have a strong economy. A strong economy leads to a strong dinar. I still think it's going to go up in increments until they develop enough of the private sector...less people relying on the gourmet. Stronger economy leads to stronger dinar. Just hang tight, we're seeing them take all the right steps They haven't taken this many positives steps in the right direction in a long time. So far so good. *** Frank26 [Firefly boots-on-the-ground Iraqi TV update] This is weird. The CBI governor is on the television talking about some state-of-the-art technology...they're telling us that we have a 1 of a kind prepaid card for all payments in a Visa card. First of a kind in the Middle East...this is a fully Digital platform and is complete and wishes to have this on the global front so all citizens can make payments internationally. This is getting very serious... *** Mnt Goat ...What I am told by the CBI is that they are planning a MAJOR rate change and reinstatement to FOREX as part of the White Paper reforms.
  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... RON ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We now see the special commercial. It's on TV. We're watching it right now. They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend. It's at 9pm Iraqi time. It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022. Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency..[Post 1 of 2]. ** Frank26 [Firefly boots-on-the-ground Iraqi TV continued] FRANK:...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can't just give these new currency note in your hands because you guys will not fully understand. It must not fail with you. Once that step has been accomplished they will show a new exchange rate. IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st..[Post 2 of 2]. ** BobTheTaxMan We're going to take an example. Let's say the announcement came from the CBI...with an anticipated rate of .50 cents...So you take your 10 million IQD and you rush off to the bank and you exchange it for $5 Million dollars. Yippie! Your IQD investment finally paid off...you go home petting your precious money fantasizing over what you are going to spend it on...the lifestyle you have dreamed of is in reach. The house, the car, the vacation, the toys they all appear and your long dreamed of funds begin to disappear. Now all the money is spent...whatever you set in payments is still there draining your income and your income cannot continue to support the lifestyle your fantasies created. Then comes a letter... [Post 1 of 2]. ** BobTheTaxMan ...a letter from the IRS you are now owing them 40% of your 5 million dollars which is approximately $2 million dollars. And then the state comes knocking saying 'hey you owe them also'. The dreams of a lavish lifestyle suddenly turn into a financial horror story because you have payments to the IRS and to the state which are freaking impossible. The debts begin to take a toll on your life and your relationships are challenged maybe even broken. Your financial security is completely destroyed and everything you thought the IQD investment would be is now a legacy of pain and guilt. Now, let's take another look at the same scenario but with planning and preparation for the anticipated IQD revaluation. [TO BE CONTINUED...]..[Post 2 of 2]. ** Sandy Ingram Article: "Central Bank of Iraq governor meets with head of Turkey's banking licensing and supervision authority" This is happening...The Central Bank of Iraq setting up bank branches in Turkey. This was good news because it means investors possibly can visit a safe country in which to exchange Iraqi dinars and/or open a banking account and set up possibly 4% interest rate... ** Pimpy There is a lot of positive things working in Iraq. We know these things. We know the early elections took place and the government is being formed. We know over the last year and a half Al-Kazemi appears to be the real deal Holyfield. He's been doing everything he could to get the corruption weaved out the the government- doing what he could to develop the private sector...so their budget isn't reliant on oil sales...they're finding new oil and oil fields. They're working on moving quickly through the WTO. They're doing what they can to remove themselves off the blacklist...we know our troops are getting ready to leave restoring the sovereignty of Iraq. We know that their debt is almost paid off with Kuwait for invading them. All these things are big...steps necessary to get to the revaluation of the dinar. ** Frank26 Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" What are you putting in there? Quote: "...amounting to 1.47 billion dollars (0.4 billion dinars) in April, July and October of this year." Dude you just gave the mathematical formula! That would be $3.61! About an hour after this news agency...resent it without that information in the translation. Was it a mistake - don't pay attention to that? Or was it a mistake - I can't believe you did that! Get rid of that! Release the next article without that information!? Honestly I don't know...IMO Kuwait is being paid off for a reason right now. It is part of the agreement for Iraq to lift the value of their currency... The rate of Kuwait is around $3.32...I don't know if it's an honest mistake but the calculations are fascinating.
  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... RON ** Walkingstick A dinar is a dinar in country...Iraqi citizens are not 'cashing in' any of their 3 zero notes. Not like you are. They're simply exchanging their 3 zeros for the lower denominations for more purchasing power. ** Kaperoni ...A "program rate" for the Iraqi dinar. The exchange rate of dinar is the exchange rate. The term program rate is a term that was taken from the IMF in a Stand by Agreement and twisted to imply the exchange rate is fake. All BS....there is no lottery ticket magical RV. ** Pimpy There's one heck of a report that came out on behalf of Iraq. A really positive step. Report: "IMF Staff Concludes Virtual Visit to Iraq" the write up is really good. To start off you can see that Iraq is definitely on track...they're expecting a 12% growth in GDP. That's good...that is a nice little write-up from the IMF staff. Of course it just indicates Iraq is definitely heading in the right direction. Their economy is strengthening...looking good but we still need Iraq to get yanked off that so-called blacklist over there in the UK...we need this election to be finalized and we need peace and stability to remain...we need the troops to get out of there. All these things seem to be happening... ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We now see the special commercial. It's on TV. We're watching it right now. They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend. It's at 9pm Iraqi time. It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022. Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency..[Post 1 of 2]. ** Frank26 [Firefly boots-on-the-ground Iraqi TV continued] FRANK:...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can't just give these new currency note in your hands because you guys will not fully understand. It must not fail with you. Once that step has been accomplished they will show a new exchange rate. IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st..[Post 2 of 2].
  16. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Frank26 Article: "Adviser to the Prime Minister: The 2022 budget is guarded by surprises and includes appointments" The budget is guarded? What are you guarding cookies?? No but it's more delicious than cookies...Kazimi is trying to tell the people of Iraq that there's going to be a surprise in the 2022 budget...Do you realize how much the exchange rate is guarded? You realize the top secret involved behind that number? Now you know it's 1 to 1 but you have no idea what it will be capped at do you? ** Kaperoni If you own dinar do yourself a favor, spend your time reading and learning about Iraq and rebuilding of their economy. Until then, nothing is happening...Until Iraq has a new government in place, and they passed laws, build a diverse private sector economy there will be no change in the Iraqi dinar. ** Pimpy Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" They're just about done with this...this is one of the things I believe is holding up the rate change...the remaining amount is $629 million. Not bad at all. It's less than half what they just paid. They said this should be done by February which means all war compensation should be complete...This is a huge deal for Iraq and IMO helps them take another step closer to a bigger rate change when the time comes plus having their sovereignty reinstated... ** Walkingstick In the 2022 budget the governor of the Central bank of Iraq and the prime minister Kazimi both are telling the Iraqi citizens we have a guarded secret that was well studied... What's in the '22 budget... what's in the white papers? [the rate]. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're talking about the old currency again...the ones from the 1940's...they're saying how the new currency will support a true dinar rate as long as Iraq enters the global markets...they're telling us about deals with foreign countries...and they must have a strong dinar to have these deals with these foreign countries because Iraq will be a centerpiece in the Middle East... FRANK: The CBI is trying to explain to you why you need this new currency because it has to match the new math that they're trying to explain to you..[Post 1 of 2]. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FRANK continued: the new exchange rate of 1 to 1 against the American dollar and not the sanctioned program rate of 1190 because that does not mathematically work with the new small category notes that they are about to give you. This is a wonderful step in your education because IMO it is putting you in a position to receive them now...IMO you're going to see them before they officially give you the new rate so that you are prepared for the budget at the beginning of next year. They are showing you again this week the old small category notes from the 1940's because they want to make sure you understand that they will be looking almost like the ones that they're going to hand out to you..[Post 2 of 2].
  17. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Pimpy We're just waiting for the courts to ratify the election so that Sadr could continue working on developing this government. So, so far so good. It's looking like things are falling into place. We really want to see Al-Kazemi in there. I'd love to see him continue to do the great work that he's doing and do what it takes to make sure that Iraq is back on track and their people are prospering. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Firefly: They just told us all foreign troops including the United States of America troops will all be gone from Iraq... They told us the reason why everyone's leaving is because we have full sovereignty. FRANK: Wow..! Stop and think about it the only way that you could raise the value of your currency is if you had security and stability. We talked about it...Dr. Shabibi talked about it...
  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... RON ** Frank26 ** [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: The finance minister is on our television and he's saying positive signs of currency adjustment are now shown in the budget and in the white papers...and the '22 budget will reveal the support of this. FRANK: It's important...that you understand...the governor of the CBI tells the Iraqi citizens the monetary reform is complete. Now he comes out the next day of when they're going to do the 'pros and cons' of why they're going to do the monetary reform...and he says the currency adjustment that we've made is now showing and the only place that could be showing is in the budget. He says the '22 budget will reveal and support this...I'm all for that..!
  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... RON ** Pimpy Finally...so far it looks like it's over. The electoral commission has announced its results. Not very much has changed. Sadr is still the big dog in charge of everything...Sadr is somewhat similar to Trump. He's a nationalist...what that means is somebody who believes in and supports his own country before other countries...he wants the United States out of his country because he believes they are occupiers. This also puts him at ends with Iran ...he doesn't want Iran 's two cents in his country either...Sadr is a hard guy to read. He could be a good guy or a bad guy. I'm curious to see what kind of government he is going to establish. Let's hope Kazemi is a part of it and they can get back on track and continue what they started... ** Frank26 The government of Iraq is talking about the exchange rate. The Central Bank of Iraq is talking about the budget... shouldn't it be the other way around? It's not because they are raising the value of their currency...the government of Iraq is interested in the exchange rate for the budget and the CBI is interested in the budget because they need to give them the exchange rate. ** Adam Montana It's not often I agree with Kaperoni, but this time he has a point. Funny thing is...there is no overnight RV, this has been building for some time. Those of us here a while now already know this hasn't been an overnight process. But one night soon... just watch. [Reference Kaperoni post 11-30-21] This was taken from another site that follows ADAM's comments and posts snippets from them. It was taken from Tuesday Night Opinions @ 11:33 PM CST - 11/30/2021 ** MilitiaMan My sources, specifically talk about that they are being taught about a new exchange rate. They are being taught that they're going to reform and do these things for the citizens and bring purchasing power. There's articles that even brought it up this weekend directly saying what we're doing will create purchasing power for the citizens... ** Mnt Goat ...Yes, November is gone and still no RV, just as I told everyone to wait and watch for early January 2022...The Iraqi news channels are all talking about the dinar and the revaluation. So much news in this area of concern I can hardly read it all...But like I said before, we must be real and ask ourselves if they are just talking about bringing back the pre-December program rate or a full blown reinstatement with the rate on FOREX that we want to see (around $4.81ish)? So far, I am told it is the later of the two and so we move ahead into early 2022 very soon to see what happens. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They go into talking to us about the 2022 budget. They say to be addressed and passed in early 2022. He's saying that the budget will be the center on projects of all our reforms and then the CBI in early 2022 we'll review the exchange rate too. Saying both will walk hand in hand. FRANK: Mustafa the Governor of the Central Bank, the only guy that can touch the exchange rate just told you that both the exchange rate and the budget are going to walk hand in hand? Yes sir! ...Your country is going to be one of the powerhouses of the world..[Post 1 of 2].. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update Continued] FRANK: It's stupid to think that they are going to do it in the first part of next year. They're going to implement it in the first part of next year. Because how are they going to open the budget on January 1st without the new exchange rate being exposed? That's why they are very soon to show you the new small category notes and then shortly after that or in conjunction with that they will show you the new exchange rate. That's why they're educating you right now about what they're going to do with the new exchange rate and this new currency. The new exchange rate belongs to the CBI and the GOI..[Post 2 of 2]..
  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... RON ** Frank26 ** [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Television says a group of Iraqi personnel are in Geneva to discuss Iraq's ascension to the WTO and they're talking about what this will mean in a global front. Then they talk about how the banking sector in Iraq has totally reformed...that our banking reform is complete and we have the most enhanced software and technology in the world and in order to support all this new technology...our currency must represent true value in relationship to the region especially if we're to be a central hub financially...(post 1 of 2). *** Frank26 *** FRANK: I'm excited about tomorrow's presentation from the Governor of the Central Bank of Iraq to all of you citizens because we told you what they're going to do. We told you that they were going to give you a long explanation and we even told you the words were 'pro and con'...they are going to give you a new rate and a new currency...(post 2 of 20.
  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... RON *** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: the ticker down at the bottom [of the TV screen] is telling us that the CBI will have a series on our television that they're going to explain about our currency why it's going up in value and also why our federal reserves have gone up and then they're going to tell us what the deleting of the zeros means and how it is good for our economy. How it is good for Iraq...they're going to show us the 'pros and cons'...yes we're excited. *** Pimpy Nobody out there is getting these special deals. Nobody's going to get you guys together in a big group and get special rates. I know there's all kinds of scams out there going on like that. People telling you to send a copy of the serial numbers and all that kind of crap. Don't fall for that. It's fake. I hear from people all the time saying, 'Pimpy have you heard about this? I did it and I lost my dinars.' Yeah, that's why I keep telling you guys anytime anybody asks you to part with your dinars - I wouldn't trust that situation. *** Frank26 THE CENTRAL BANK HAS ALL IT'S DUCKS IN A ROW INTERNATIONALLY... ARTICLE 8 THEY'RE FOLLOWING ALL THE RULES, LAWS AND REGULATIONS OF THE IMF..!!!
  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... RON ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Firefly: We're seeing at the bottom of our TV...the ticker...the CBI governor is saying they will be explaining the new currency and the federal reserves and what the deleting of the zeros means and he is telling us this is good for Iraq's economy. He's says the financial committee along with the central bank of Iraq governor Mustafa and other financial leaders will all be interviewed. And they are going to give more details why the exchange rate needs to be changed...this will be given to us Wednesday. We will watch. We will listen for this. We will give you the report... Frank: This is fantastic because this is literally the final countdown. You are down to just a handful of time...prepare yourself for this coming Wednesday to learn the power of the pros and cons...of what's about to come. ** butterfly Article: "An Iraqi delegation visits Geneva to discuss accession to the World Trade Organization" Quote: "...Iraq is looking forward to ending the file of Iraq’s accession to the World Trade Organization soon, pointing out that “the accession process is complex and contains great and many conditions.
  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... RON ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: ...They're saying that Iraq can return to the previous dollar exchange rate... Frank: Man this is happening fast! So now they're talking about the RI? FIREFLY: ...because the current exchange rate is hurting Iraqi citizens... Frank: ..the education is louder and stronger and it is fast every day but more importantly it is from the CBI governor of Iraq praise God. That's the only persons you're supposed to pay attention to. If it's coming from the horses mouth you are about to receive it. ** David M. Witty Iraq expected to pay its last financial compensation to Kuwait by the end of this year for 1990 invasion. There is disagreement about how much is owed, ranging from $476 million to about $630 million. ** Kaperoni the Iraqi dinar investment into a lottery ticket. [?] As if it's something that's going to randomly just increase in value. Everyone should understand that that's not how monetary policy works... since they reduced the value of the dinar at the beginning of this year, there has been a significant increase in the supply of it in Iraq. 100 trillion dinars was stated by an economist just a few weeks ago. There is no way they can RV the Iraqi dinar. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're on television again - CBI news. They're talking about Iraq's gold reserves. They told us they have 96.4 tons of gold in our reserves and Iraq needs a balance in the basket of reserves and currency...they keep repeating it I guess they're trying to make sure we understand...
  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... RON ** Frank26 ** [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're now showing Lukoil has just found a new oil field in Iraq and this is the CBI telling us it has reserves of 7 billion barrels. This is huge. They just found this. FRANK: Actually no, they didn't just find this. This was found a long time ago and I'll tell you another thing, there are hundreds of oil fields that they haven't told you about that are actually in reserve right now and not being refined because they don't have the economic reform just yet. Your country is rich until the end of eternity. FIREFLY: They just told us that we just reached 100 tons of gold reserves...
  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. RON *** Kaperoni Iraq has had significant success and accomplishments over the past two years...Everything from the creation of the "white papers" to successful investment conferences and the signing of agreements to ongoing stability in the country. As well as the CBI's reduction in the exchange rate to encourage economic growth and progress towards the digital dinar....If you take away anything from studying Iraq you should learn that watching Iraq's economy develop is the most important thing to the success of the banking system. Without a diverse economy, nothing is going to happen. *** Pimpy Article: "Bret crude jumps above $80 a barrel for the first time since 2018" I was expecting this to happen sometime in July but it's definitely here now at the end of September. Bret crude jumps up to $80 a barrel I was expecting it to hit $100 by the end of the year but we'll take it right now. This is good. The higher it goes the better it helps out Iraq as far as getting money together and being able to spend this money on private sectors, building jobs and getting away from reliance so much on oil as main source of income... *** Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Board of directors of CBI held big meeting...making sure all banks under CBI have their training completed saying all training should be complete and meeting was to make sure…doing training with new notes they now showing us ATMs… FRANK26: ...some banks are finishing up the note training as well and...they’re talking about the training at the CBI that it is complete... the only training they are doing right now is showing the tellers the new small category notes and the new exchange rate and how it works with them so that they can show the citizens... Notice they said near future it is close to our near proximal future… FIREFLY: we like what we hear...we like what we see…. FRANK: things are moving in the right direction as the process continues...
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