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Found 902 results

  1. Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that... *** Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it...(Post 1 of 2)... *** Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck...(Post 2 of 2)... Have a Blessed Day everyone...! RON
  2. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Petra ...All the effort. All the work. All the development. All the mechanisms. Everything that's been done. Everything that we await. Can it be done without a change in the rate? It can't. Everything we're talking about here is critical...Every single thing we've been talking about the last several weeks must have a rate change for it to be engaged...it's a time bomb and it's ticking down... *** Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be... *** Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
  3. Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it. *** Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up... *** Ray As of yesterday, June 30, 2020, the employees salaries were not paid. TV reporting sources in the CBI reveals a development that will allow the distribution of the June salaries within 2 days. A source pointed out that the ministry will start tomorrow, Wednesday, to send a notice to banks to gradually release the salaries of employees in ministries, government departments. The Parliamentary Finance Committee said earlier yesterday, Tuesday, that the government’s financial liquidity to pay the salaries of employees is available, stressing at the same time that the ministry did not send a directive to banks to pay salaries. Things are looking very promising folks ... keep praying ... RON
  4. Good Afternoon Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never. *** Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for... *** Adam Montana *** These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close..! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV..!!! This was taken from another site that follows Adam's Opinions and posts snippets from them. You can see Adam's full chat at (link): Adam Montana Weekly 1 July 2020 *** MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
  5. Good Morning Dinar Vets, here's opinions & comments by Breitling & Jeff that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is... *** Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks... Here we go again...!
  6. Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion. *** Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
  7. Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us... *** Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds....Is Kaperoni softening..? Could it be that Iraq might just move faster than he previously thought. We shall see..! *** Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...Dear God, look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No..! Has any of the investment money come in yet? No..! They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing... *** Footforward [Q? : Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
  8. Good Evening Dinar Vets, here's a couple opinions & comments that will be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceives to be happening in Iraq. RON *** MilitiaMan Article: "Iraqi banks are waiting for a notice to launch salaries within 24 hours" They postponed the salaries for up to 24 hours... The government banks are awaiting a notice...One that is different than in the past...This imo sure looks like the agreement the Kurds have made and signed yesterday, in that they signed the comprehensive agreement, it suggests there was a need to adjust things for the electronic system to make payments...Keep in mind the adjustments at the borders are to have electronic adjustments in line by the 1st of July for shipping, border crossing, taxes, tariffs, fees, etc. Also take note that there will be a parliament session on Monday the 29th. The 2020 Budget is to be sorted by the 30th. The Kurds signing the comprehensive agreement yesterday, imo would have had the 2019 FMLA on the table. That 2019 FMLA is the mechanism or is imo the key to the RI. See the picture being painted? It surely looks promising this is coming to a head! imo It is all lining up! imo. *** Kaperoni ...guru Mark thinks the CBI is stopping the auction. Wrong..! ...it was stated yesterday that they're just going to clean up the corruption. The auctions will continue. And of course they have to - under the current conditions.
  9. Good Sunday Morning Dinar Vets, here's a couple opinions & comments that will be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceives to be happening in Iraq. RON *** Francis Albert I understand there's Dinar land excitement over Iraq 's PM going to Washington with the idea of Trump announcing Iraq 's National Sovereignty. And this may happen and of course is a good thing, and in now way is throwing a wet blanket on it helping the Dinar go International. This is good. But, please let's not believe that Iraq will ever be Sovereign. The war was about taking over the Country and doing a deal for cheap oil for a long, long time (oil credits), so you can say anything, but IMO U.S. runs the CBI and has Iraq on a leash until the people figure it out and kick U.S. out. So, whether it goes International at .10 or .86 or 1.00 the money, (dollars), that goes to currency investors will come from the oil, through the Treasury, through the banks that will monetize, (create), the dollars in exchange for the paper we have. It is the only possible way it can work. *** Ray Weekend UPDATE...: On Saturday, Parliament stated that they have reform plans that will change the economy of Iraq and reiterating that all the reform plans will boost Iraq. These plans will be submitted within the next 3 months. Amir and Malaiki are on Iraqi TV trying to get the Shiites and the Sunnis to agree on dismissing PM Al-Kadhimi. Leave it to them to try to undermine everything positive that PM Al-Kadhimi has accomplished ... it's the greed and Iranian influence. Plus these two will probably get investigated and hopefully prosecuted without amnesty based upon new laws. RON
  10. Good Afternoon Dinar Vets, here's several other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ...For a period of time they were spending per month 1 to 1.5 billion U.S. dollar to buy dinar off the open market. This went on for a very long time. In fact, the rumor is that they removed 72% of the currency that was in the open market out of the open market. Whatever they know that's out there they made sure...whatever rate they choose they have whatever it takes to back that up. We seem to be very very close...I think 2020 is our year. Also, remenber that the CBI has stated that the IQD outside of Iraq was to go into the International Currency Reserves of each country that would recover them (ie: in the US, IQD exchanged to US$ will be sent to the our Central Bank as part of our International Currency Reserves). Also, they said Iraq was to become a Donor Nation. RON
  11. Good Afternoon Dinar Vets, here's several other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Vital Brad ..the Central Bank of Iraq - they put out a new article - looks pretty dang good. Article "Clarification of Foreign Reserves In The Central Bank of Iraq" They are saying whatever they revalue their currency at...they're going to be able to cover it and they are going to use the Iraqi dinar as the local currency...it's all worked out...that's incredible. They need to establish a rate. That's what this is saying...all the time that I've been researching this - to have an article like this where they're talking about the rate and international...it ain't over till the fat lady sings. But is it done? ...We have to keep being patient. Don't have a date. Don't have the rate but looks pretty dang good... *** Mark ...I have been looking at the first of July now for a couple of weeks…I really hope we are that close. Some folks in Iraq still think they will get a new rate before July 1st. Foreign currency markets have dried up everywhere…i think that is a sign of us finally pulling into the station.
  12. Good Evening Dinar Vets, here's other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan Article: "Mechanism for opening government documentary credits with private banks" ...A Documentary credit or "Letter of Credit" is to facilitate trade payments internationally. They are used to make sure things are fair and run smooth. Being internationally accepted in the world requires countries to play on a level playing field... They cannot give out the international exchange rate with out properly announcing they are Article 8 compliant by actually raising the value of the exchange rate. So they use the example of the program rate - IMO. Keep in mind they are telling us they are going to use the D/Cs [Documentary credit]. That means they are telling us they are about to change the value of the exchange rate to be internationally accepted and IMO that will cease the Multi Currency Practices (MCPs) they have been using...So, the timing of this is by design...Telling us they are ready to go ...IMO. *** Mark [Comment: Trump needs to get the RV done before the election...] I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election... *** Footforward ...I can't fathom why on Earth somebody in the dinar community would be talking about this going into 2021. This was in response to a comment made during a conference call.
  13. Good Afternoon Dinar Vets, here's other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat I want everyone to understand today that there is NO positive proof that the CBI intends to revalue or reinstate the Iraqi dinar by the end of June or even in July. However, there are many signs that yet more progress has been made to clean up the corruption and pave the way for the eventual reinstatement, and do it sooner rather than later... *** Mark We are still getting all kinds of chatter… but we are not out of the gate yet… [Q? : What's the deal with Iraq? Auctions have stopped…how is Iraq living?] Without them auctioning their currency for US dollars they do not do well…that they have suspended those auctions lets you know how important it is that they change their value. This lets us know how close they are to RV. Even Shabibi said that at the end, close to the RV, they would stop their foreign currency auctions. This is big. They are trying to get dinar off the streets and limit the supply before they RV…
  14. Good Morning Dinar Vets, here's other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem. We have a solution for that. Don't worry about that.' Along those lines. I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change... *** Kaperoni Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.
  15. Good Evening Dinar Vets, here's other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" There is nothing at all bad with this openness in regard to pushing forward to a market economy. Stopping the auctions will force the mechanism to be applied.. That imo is the first step and it is a very important one!!! imo Looking so very good now...imo *** Mark [Q? : More can kicking?] I don’t think they are kicking it anymore…they seem to be full tilt getting it out the door...I think we are awfully close to “the boy who cried wolf” being right. I believe we are exceptionally close now. Do I think a day or two? I hope it is. *** Pimpy ...in the foreign expo for Iraq, Allaq gave a speech...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The economy needed to be stable. The banking needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the success of its efforts to reform the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
  16. Adam's posts were taken from another site that follows Adam's Opinions and posts snippets from them. You can read Adam's whole chat at: Adam Montana Weekly 24 June 2020 ***** Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time..(post 1 of 2).. ***** Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV..(post 2 of 2)..
  17. Good Morning Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** Don961 Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" Quotes: "the economic white paper that the government intends to implement in the coming periods aims at a comprehensive reform of the economic system,"; "...the reformist white paper and its content...will be a road map for implementing a set of economic measures," noting that "calling it white because it is a new reform paper will be written in cooperation between the government and parliament away from the interference of political parties." ************************ The following is reposted from this morning's post which I erroneously posted as Monday Early Morning Opinions at 7:55 AM CDT - 6/248/2020. I just want everyone to have all the information that's out there in Dinar Land ... RON 6-24-2020 *** Dinar News Update *** The inventory of the Iraqi dinar in the U.S. market continues to tighten up. Some brokers are struggling to keep it in stock. As expected during a supply shortage the price to buy the dinar has increased. The sell price has also increased. If you're buying or selling currency, be sure you use a reputable source and confirm they have dinar on hand to ship you. It has always been said the supply of the dinar would dry up when the RV/rate change was near...It's unclear whether the shortage we're seeing now is because of Iraq's change in policy or corona related. Stay tuned as the gurus chime in on this important issue. *** Frank26 ...my broker called me around 3:00 in the afternoon yesterday to say to me, 'Frank, we're putting a freeze on the selling of the Vietnamese dong.' And I said, really? We already have a freeze on the Iraqi dinar...the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar...the Iraqi dinar...exchange rate for it is .000869741 somewhere in that ball park...so when you take that decimal point and move it over to the right 3 places...rounds out to about .86 cents and the goal is to get it to 1 dollar...(post 1 of 2....) *** Frank26 ...look what I did. I moved the decimal point over three places and by doing that I lifted 3 zeros electronically. Who has the power to do that? The CBI. With who? The Fab 4 because they give them the authority. The IMF, World Bank, The U.S. Treasury, The President of the United States...IMO the "white papers" contain a rate and a date...that was authorized...this is the reason why it's so hard to get the Iraqi dinar right now...2 and a half years ago did you notice that it was starting to get harder to get the dinar? Now can you find it? These places are drying up because of the monetary reform benchmarks that were met in order to have the white papers we have today...(Post 2 of 2)... *** Mnt Goat The WOW news of the week is the CBI has finally spoken up. They issued a “white paper” again on the financial sector of Iraq. It is all very good as they talk about going international and completing the “project to delete the zeros” in the “coming period”. So again, we just have to sit tight and wait it out. Please, please, please don’t sell you dinar. You are already RICH only you have to wait a bit to go to the bank. We are slowly progressing to the end of this ride and it will not be much longer. How much longer? We are now seeing many of the reforms we could only pray for these last couple years. Yes, they are actually doing them. All I can tell everyone NOW is it will be much sooner than later and certainly not January 2021. And we're off and running...!
  18. Good Afternoon Dinar Vets, here's other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ...there's been a lot of chitter-chatter about the IFEX conference...It was Allak who spoke about the dinar during the conference. This is what Allak said. The dinar must first be stable in the country before it can be international. But he also said... Iraq was open for business and that he encouraged outside investors to come in...We also know...if they're gonna come in and do business a couple of things must happen. One is Iraq has to have an internationally recognized currency. There is no "ifs" "ands" or "but's" about it. Not only that you have to change the rate in order for outside investors to come in or it's too expensive. Sure the labor is cheap in country but importing good from other countries that they will need to get their businesses going it's just too costly. So rate change is gonna have to happen... *** Footforward I have a pretty good idea on what the rate will be. It's just the date...That I'm working on. I've said for a long time it will be over $3.50 in my opinion. I can't get more specific then that... He seem to have forgotten the fuss raised by Kuwait when the IQD was to have revalued back in 2010 (and the following years). Part of the discussion was that Iraq couldn't revalue at a value above or equal the KWD (which is now at $3.29) as part of the resolution of war reparations...! If I'm not mistaken, Iraq still owes Kuwait about $7 billion. Besides, only Shabibi would be able to pull off any substantial value over $1.15 -- Just food for thought ... RON
  19. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** Pimpy ...When I started the conference last night I noticed that the link wouldn't go through to see the conference. So I emailed the organizers and I told them that I have the ticket to get into the conference but it's not letting me go through...they email me back and this is what the email says. 'Dear Luther, Thank you for your email. I am afraid we cannot be allowing companies that underrate dinar trading in the United States into the conference as per our strict attendance rules. You have been fully refunded via PayPal.' ...I know we were looking forward to getting some information from this conference but unfortunately one of the organizers there is a follower of my channel and he knew exactly that we talk about the Iraqi dinar. Now I don't actually undertake in distributing Iraqi dinar. I just give my opinion based on news articles about the Iraqi dinar so that was a little upsetting because I've been looking forward to it all week...unfortunately it just did not pan out... **** Jeff ...when Washington comes to Iraq that's to help them. Usually when Iraq goes to Washington it's to congratulate them and say congratulations job well done. IMO July 15th could be our back wall based on that...I would almost say that would be Kazemi going to Washington after the rate change...
  20. Good Morning Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Samson Article: "Corona may prompt the Iraqi parliament to hold unprecedented sessions" Quote: "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions. *** Mark [Q? : Why is there so much fake intel?] We knew this was going to happen…we have been told for years…we knew that at the tail end that this is exactly what we were going to see. I’m not letting it shake me and I am excited about where we are at.
  21. Good Morning Dinar Vets, here's another opinion & comment by MilitiaMan that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** MilitiaMan Article: "In the first official position, the central bank proposes a mechanism for the government to cross the financial crisis" Quote: "...there are 3 advantages enjoyed by the financial situation of Iraq, the first of which is a rich country and its oil resource is quantitatively stable and the last barrel of oil in the world according to studies will be from Iraq and secondly that the bank The central bank has good reserves..." Currency Rates are mechanisms. Bonds are mechanisms, bonds have interest rates associated with them, the are liquid assets just as currency, that can be traded on the secondary markets... Looks like they are even mentioning the banks international interface as the vehicle to do so... The bonds will be for local and or global availability. They even have an open for business sign out (lol) for all days of the week to keep things flowing from now on, even taking into account the epidemic. imo. Maybe we're on track. Let's keep our hopes high for Good News soon..! RON
  22. Good Evening Dinar Vets, here's other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** Footforward [Q? : I'm assuming no chance of a rate change today.] I wouldn't say no chance. [Q? : ...figured we were done until July...?] not done at all. June still has alot of days left. I haven't at all given up on June. **** MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it. **** Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No, but they said that they have one. Wow. I like it a lot.
  23. Good Morning Dinar Vets, here's a few opinions & comments by Mtn Goat & Kaperoni that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** Mnt Goat Article: "AL-TAMIMI WARNS OF MAJOR FINANCIAL CORRUPTION DURING THE NEXT 6 MONTHS" Quote: "The Information", that "not approving the budget will lead to the loss of a lot of money, AS THERE ARE NO ACCOUNTS FOR WHAT GOES INTO THE TREASURY AND WHAT COMES OUT OF IT." You can bet that there will be no reinstatement under these conditions as the funds would not be safe if they did decide to put the dinar back on the trading platforms. We do know however they fully intend to do this soon but when? Again I am telling everyone to RV the currency under these conditions is not going to solve all of their problems, and in fact may only make them worst. **** Kaperoni Only when Iraq passes laws and creates the conditions for foreign investors to come will the Central Bank be in a position to improve the value of the dinar via a float as the economy grows. **** NOTE: The Al-Tamimi Law Firm wrote the Anti-Money Laundering Law (AML) in 2015 - so this appears to be a warning by the firm. I couldn't find anything else relating to this article referred by Mtn Goat. Remember, Shabibi told us years ago that there would be lots of mis-information prior to any rate change to keep everyone off balance...RON
  24. Good Evening Dinar Vets, here's other opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** MilitiaMan ...Alak just said, "We have a new price." As in past tense. That's fascinating because he's already got it ready. It's ready to go. I think the other thing he's going to come back to tell you is "when". And how does he tell you when? ...The central bank, I don't care who you are they're not gonna come out and say we're revaluing our currency tomorrow at xyz. At such and such a time. They're not going to do that...the central bank is not in the business of telling you exactly what they're going to do...they do give you a guidance...and that's what they're doing here. They're being very very careful... **** Footforward ...we need to see all the things that are lining up. All the boxes that are being checked off. How things have shifted. How things are coming together...I believe this is absolutely going to happen. That's my opinion... I like what MilitiaMan just indicated...let's hope it is soon revealed...RON
  25. Good Evening Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON **** Jeff Let's look at the facts. Iraq is putting out a crazy amount of economic articles now that they have finished the formation of the government. That's not coincidence guys. They're telling you they're close to changing the rate...if they had intentions of changing the rate in the Month of June then IMO they would have only extended Alak through the end of June. They didn't. They extended Alak through July 15th. That to me removed June from the equation and walks us into the first half of July...IMO they're keeping him in there long enough to commission and execute the rate exchange. Second. On or around July 15th you have Kazemi going to Washington. Why? For those strategic dialogue talks...those are about economic investment and long term relations between Iraq and the U.S. That's all post rate change items...IMO Kazemi is going to Washington after the rate has changed... **** Pimpy ...what's the one thing we're waiting for in order for the rate change to happen? I'm still sticking to my guns, I don't care what other people say...here's my opinion...Iraq has to prove Iraq can stand on their own. They have to believe that they deserve their sovereignty and when that happens they will have once again an internationally recognized currency and you will see that currency trade on the Forex. That's what the heck we want...One major step in achieving that goal would be it Al-Kazemi could figure out where the he'll the money [missing Iraq Treasury money] went and then hold all those people accountable... **** Mnt Goat News from US banks in the last couple weeks has been very encouraging as they are telling us they are preparing for the reinstatement and the handling of people coming to exchange. I say this is good news since we have not had any cheerful news from the banks since October 2019. So something is at least being planned. Will it be finally executed and over soon? **** Jeff ...right now the news is suggesting they might be rolling the rate change process possibly into the first half of July... **** Delta I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20...THEY NEED HIM UNTIL RI IS DONE...SO IMO...RI SHOULD TAKE PLACE IN BETWEEN...AMAZING...GAME OVER... That's all for today folks...! RON
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