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Found 305 results

  1. 5-18-2019 Intel Guru Frank26 I WANTED TO SHARE THE FOLLOWING WITH YOU BECAUSE IF YOU RECALL LAST YEAR WS [Guru Walkingstick] TOLD US THAT THESE ATM'S WERE GOING TO BE PLACED IN STRATEGIC AREAS FOR THE CITIZENS AND THE BORDERS. OUR BROTHER TANK HAS SENT ME THE FOLLOWING...PLEASE ENJOY, AND ALSO...PLEASE SMILE. Tank: "Frank, Just coming back into Baghdad, from my 30d of R&R. There is a Master Card ATM here in Baghdad International Airport (BIAP) but it’s not turned on yet. The security personnel here tell me that it will be a while longer before it’s turned on still...Tank"; ; StephenMac63: "imo, they dont drop these machines off and let them sit idle for long...because any location at the airport is major rent...I'd bet it's active in less than a week..." 5-18-2019 Newshound Guru MilitiaMan [Referencing WTO Document] ... The part where it says they are members and their status is complete is interesting! Thereby, imo when they lift the exchange rate to trade they, us...as in you and I, the ITB, etc.., will be able to exchange in an international level. Until that happens we wait. ...They will not ever trade internationally at a program rate, nor will they open an operational international Bank in a foreign country using Iraq Dinar with out a significant rate change to reflect international standards and valuation...(post 1 of 2)... 5-18-2019 Newshound Guru MilitiaMan Another thing to think about is that Alak is the Vice President now of the AMF and will get the seat as President in the next Session. Are we to think he got all his awards, has his name on the new money and gets the nod for highest position at the AMF, second possibly to the IMF with out lifting the value of the IQD? No, He is not going to bring a program rate to drag the other countries down. He will bring value and expertise to the regional trading partners. Lets not forget the amount the AMF exchanges at... It is not a program rate I assure you all imo! ...I agree with [Gurus] Frank(26) and Delta and many others, they are telling us darn near every step they have made. Just not point as point blank and cut and dry as many may want.. But they are.. No delay, just finishing up final touches. imo...(post 2 of 2)... ********
  2. 5-19-2019 Newshound Guru G-Lin Article: "Agenda of the session No. (22)Thursday, May 23, 2019" Quote: "First: Vote on the draft Financial Management Law. (Finance Committee)." Vote on FML Thursday I hope. 5-19-2019 Intel Guru Frank26 We can't find any evidence for a delay, we can't find any evidence for no RI. Everywhere you look is nothing but the evidence of an announcement to be made...don't know when. I love what's going on with the Iraqi dinar.
  3. 5-16-2019 Newshound Guru Breitling If there's lack of information for a couple weeks I'm not shaken and neither should you. Regardless of what everyone else has said or what they thought about the dinar, their opinions. We still stand on the Iraq's parliament specifically went and said to the Minister of Finance, The Ministry of Planning, the CBI and the IMF, "We want to get the value of our currency to $3.25. First we want to get it to a buck then we want to get it to $3.25.'' That language has not once changed...(Post 1 of 2)... 5-16-2019 Newshound Guru Breitling So you can get all the people with the PHD's or whatever background and whatever bull$%&* they wrote and everything else, they will never ever be able to get around that. They just simply can't do it. Their opinion does not count. My opinion actually does not count...that's [what parliament said] never been taken off the table and it never will. It just keeps advancing. Sometimes it might not be as fast as people want and I understand that. If you thought this was a 'get rich quick scheme' then obviously you were wrong. So here we are. It's a great great opportunity. ...(Post 2 of 2)...
  4. 5-16-2019 *** DinarLand Newsflash *** Major media is reporting "The U.S. State Department has ordered non-emergency employees to leave Iraq amid Iran tensions." Things appear to be escalating quickly in the Middle East. The U.S. has sent an aircraft carrier and bomber planes to the region. Iran is suspected of attacking tankers and other "assets". The U.S. has requested Iraq remove Iranian backed militias from within Iraq...as of yet Iraq has not done so. Hopefully this is a catalyst for peaceful negotiations and the end of logjams...stay tuned as the gurus chime in on the news. 5-16-2019 Newshound Guru Breitling There is massive phenomenal news coming out of Iraq...article "The Finance Committee rebuild the of the draft for the Financial Management Bill and announced the establishment of a mechanism to pay off foreign debts warn the committee on the economy and investment to double the value of external debt because of the benefits of them.'" - Question..? - If I'm understanding correctly they're talking about making sure when the rate changes they won't overpay their debts. So they're changing all their rates on their debts. This was the law the CBI was talking about a year ago that needed to happen before they could change the rate...'(post 1 of 2....stay tuned - more to come).. 5-16-2019 Newshound/Intel Guru Mnt Goat The news is the same old stuff. No signs of any reinstatement or any news of the project to delete the zeros from the CBI. Remember the CBI pulls the trigger on the reinstatement of the dinar...the US treasury is part of the process and has some say but they are at the tail end of the process and not at the staring gate. (This differs from what Breitling indicates above - it's all a matter of perspective and insight)...RON 5-16-2019 Intel Guru Eagleone2025 I TALKED WITH ONE OF MY GENERALS...IT WAS VERY GOOD NEWS ABOUT RV... HE TOLD ME WHAT MY HSBC NY CONTACT TOLD ME TODAY...TIME VERY CLOSE...IT LOOK VERY NEAR...HANG IN THERE. DAY BY DAY. MAY 17- 24 THE RELEASE IS GETTING CLOSER.
  5. 5-15-2019 Newshound Guru ChrisC This may be a ridiculous thought, but what if the Fleet is not there because of a particular threat on US assets, but to make sure there is no "boat rocking" during an RI/RV since it will be such an important event that may so drastically affect the future and security of the rest of the world?...Just thinking, because if I was Iran and I knew there were B52 bombers and subs with Tomahawk missiles just waiting to see how big of a hole they could make in something, I would not want to provoke that event. This was a costly event to do based off of "intel" and not response to any action. How long are we going to sit there? Just some thoughts. 5-15-2019 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAN WILL LAUNCH ITS NEWLY-DEVISED INTEGRATED FOREIGN EXCHANGE MARKET NEXT WEEK" ...this “unified currency market” is of course a tactic from Iran in order to circumvent the US sanctions. It will be interesting to see how this all plays out in relation to Iraq and the reinstatement of the dinar, which we all have been waiting for so long. 5-15-2019 Newshound Guru Adam Montana Oil is still strong above $60. Remember I said months ago that $60 was the target? Target reached, stability is being proven on a daily basis, and that is perfect. Any huge spikes or drops would be bad. OIL is solid right now... even with some tensions in the Middle East. This is exactly what we want...It's definitely Ramadan, but I'm still keeping an eye on things. The current situation is just too close to ignore the possibility that things can happen this year despite the normal holiday lull.
  6. 5-15-2019 *** Dinar Newsflash *** Major media is reporting "The U.S. State Department has ordered non-emergency employees to leave Iraq amid Iran tensions." Things appear to be escalating quickly in the Middle East. The U.S. has sent an aircraft carrier and bomber planes to the region. Iran is suspected of attacking tankers and other "assets". The U.S. has requested Iraq remove Iranian backed militias from within Iraq...as of yet Iraq has not done so. Hopefully this is a catalyst for peaceful negotiations and the end of logjams...stay tuned as the gurus chime in on the news. 5-15-2019 Newshound Guru larrykn [...2020...we will be lucky to see it then.] the way they are moving, I just don't know. Alak was brought in by Maliki, I'm wondering why he is still here now. I was thinking they would have gotten rid of him when Adabi was around. [I know...he is stealing money thru the auctions...like crazy] and that is why I say they need to stop those Auctions...when they do we will see the RV. 5-15-2019 Newshound Guru MilitiaMan [Q? : Isn’t there a spoken timeline for the ITBs to open for banking business Mid-May? ...that would put us at this week...] Yes, it is thought that mid May per their words is to be the time frame for an operational branch (i.e., international.) to open in the SA Kingdom in Riyadh...Along with many others thereafter or possible in unison. As I believe even the Rafidain is going to as well open branches in varying countries in the region. We haven’t seen anything to suggest that it is still not the game plan thus far...I am very bullish for this window being mid May...In my opinion, the MR has been on steroids and we are seeing it. Just yesterday they speak of more success in the Financial Inclusion realm...Also, just as the IMF was given a report in regard to the 2018 Surplus on 04/10/2019 right on time. jmtc...So, yes things look great... We watch and wait...
  7. 5-14-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ'S OIL MINISTER DISCUSSES PLANS TO STRENGTHEN ITS OIL INDUSTRY, DIVERSIFY ITS ECONOMY AND ATTRACT FOREIGN INVESTORS" We know that 80% of Iraq’s economy is dependent on imports from Iran. Two of these major imports are electricity and refined oil products. OIL: In the coming years Iraq has plans to be gas and oil (refined gasoline and diesel fuel) independent from Iran and other suppliers. The oil ministers says Iraq is trying to break away from the dependence on Iran for the supply of these items... ELECTRICITY: We know that the German firm, Siemens and the American firm, General Electric both have major contracts with Iraq to bring up the war torn electric grid... AGRICULTURE: We also know that Iraq is working hard at being independent on agricultural products...(post 1 of 2)... 5-14-2019 Newshound/Intel Guru Mnt Goat Reconstruction: We can see...that in Kurdistan region that they are moving ahead with the continuation of the construction of the high-rise buildings. ...Today they are moving ahead with these projects once again building housing units and buildings for businesses. Many of these buildings from 2008 are not completed and occupied already. Many more are being constructed. Kurdistan is not some backward area in the desert. It is a civilized sector of Iraq that is moving ahead into this new century of modernization very quickly. How can they continue with a currency worth just an 8th of a penny? ...(post 2 of 2)... 5-14-2019 Newshound Guru MilitiaMan Article: "Financial inclusion and sustainable development" Quote: "...it is very clear that there has been a positive change in the scene Financial and Monetary For the Iraqis, after the launch of the strategy of the Central Bank, and indicators of this positive change..." ...The lack of trust for the Banks is gone now or at least significantly diminishing. They significantly increased the financial coverage and it is still growing. They have been successful in getting the citizens into the banks with large sums of chunky money. ...once they collect the chunky, they will need to issue the smalls. Hence the ATMs will need them, as will vendors of money (greenery?), shops, barbers, restaurants, etc...Don't forget they say this started about a year ago imo, more than that..!!
  8. 5-13-2019 Intel Guru Delta Article: "Economist: War on Iran raises the value of the dollar in Iraq..." Quote: "The outbreak of war on Iran, regardless of the position of Iraq, will have an impact on the Iraqi currency to increase the value of the dollar in front of it," said Smeisem, "indicating that" fear of the unknown will increase demand for the US dollar, which will raise its value compared to the Iraqi dinar and thus lead To a decline in the value of the dinar»." MORE GOOD NEWS FOR US ..THEY HAVE TO ACT FASTER NOW... 5-13-2019 Intel Guru Eagleone2025 TUES AT NOON BANKERS WILL BE DONE WITH MEETING… WE HOPE ...THIS IS THE PERFECT STORM FOR RV...I LOOK TO SEE MAY 17-24 CLOSER TO THE OPENING OF THIS CURRENCY DEAL. ALOT OF MOVEMENT GOING ON…THE LOOKS OF THE RV IS VERY STRONG. THE PERFECT STORM IS IN THE WORKS …THE MIDDLE EAST IS FALLING APART. 5-13-2019 Newshound Guru larrykn ...Iraq needs to get away from the auctions. to much corruption in it. If Iraq [politicians] could ever agree with each other and get politics out of the way, they might get something done...time will tell if their able too. 5-13-2019 Newshound Guru chattels Article: "Foreign currency markets in Baghdad recorded a stable dollar against the dinar on Sunday, reaching 120,000 dinars on all local exchanges." I think that it is accurate to observe that the market price on the dinar is increasingly now uniform in all Iraqi markets.
  9. 5-12-2019 Intel Guru Delta Article: "The parliamentary economy warns of the doubling of external debt because of the benefits ... Finance Committee reveals the "Zora" details of the Financial Management Law and announce a mechanism for debt repayment" Quote: "...committee awaiting the report of the Economic Adviser to the Minister of Finance Kamal Al-Basri to put the finishing touches on the law to be ready for legislation." THEY ARE WAITING FOR THE RATE... RATE WILL COME FIRST BEFORE PASSING THE LAW...IMO. 5-12-2019 Newshound Guru Chattels We are now almost one year and counting on the formation of a completed government / cabinet in Iraq. 5-12-2019 Newshound Guru Kaperoni Floating the currency is not a requirement but with the influx of capital expected through Iraq's banking system it will create inflationary pressure. If they don't float inflation will start to rise throughout Iraq. Floating the currency is a tool the CBI uses to counter inflation.
  10. 5-11-2019 Newshound Guru MilitiaMan Article: "The International Monetary Fund sets out 3 structural measures to reform Iraq's finances, including wages and electricity" ...they are not only involved now during the process but have been very active in the implementation phase we are in now. ...My view is this was ready to go yesterday, and it still is today through the opening of the Iraq Trade Bank by or around mid May. Imo The Futures market this last Sunday and other markets reflected a move by the USA in the trade deal realm and that was a clear shot across the bow to China, imo. Now we see the key player coming back to the table at the end of the week...(post 1 of 2)... 5-11-2019 Newshound Guru MilitiaMan This reform is not just about us, it is about effecting the lives of not only millions of people but, billions of people! imo. Everyone knows Iraq is ready now. It is imo go time now. The King of Saudi Arabia, imo gave his blessing to have the Iraq Trade Bank be the first International Trade bank for Iraq to show case on his soil. I highly doubt that they miss that time line. Big money doesn't like to wait long. They would most likely also like to see stability with the Iraq Monetary reforms prior to the opening of said international branch. I don't believe in what I see they have any intentions of being late to the party. Alak has the keys to the AMF. Lets see what happens with the trade deal in the short term while we watch the next move...(post 2 of 2)... 5-11-2019 Newshound/Intel Guru Mnt Goat ...this is still a MAJOR concern since Sadr gave Mahdi until June 1st to form the government. The question is does he have enough support to hold a “no confidence” vote and change out the PM? There is no firm target date to vote on the remaining 4 ministers. We still wait for any more news.
  11. 5-10-2019 Newshound Guru Adam Montana Ramadan is officially under way, and for once in this wild ride... I'm very pleased to see how things are moving. OF COURSE there are going to be snippets about things being pushed back to outside of Ramadan, but we're not even a week in and we are already seeing a difference. Not only are Parliament meetings continuing as of tomorrow (Saturday), but we're finally talking about OIL! OIL has been missing from the news over the last couple months, and I was expecting it to resurface shortly. It is unusual, but not surprising, to see it popping up now. I say it's not surprising because even though it's Ramadan, the timing is right. This time around, they may just surprise us. 5-10-2019 Newshound Guru Kaperoni They can float anytime. Moving to Article VIII only means the CBI and its banking system meets a level of compliance equal to the rest of worlds banking system. Thus should make the dinar more acceptable worldwide. Investment laws need to be passed still. In order for the investment community to put money in Iraq to rebuild they need laws, stability and validation from the IMF. When investors to come it will create pressure on the banking system allowing the currency to raise in value. So the bottom line is ...until they have a private sector (laws), and move to Article VIII to open the banking system, investors will not come and with no investment the dinar will stay where it is. ********
  12. 5-10-2019 Intel Guru Bluwolf ...we are about to give you the good news, just be prudent and patient for a little bit more. ...They [banks] have been placed on high alert and have been instructed to perform on a minute's notice. The time to see this is in the NOW and all securities worldwide have been put on this alert status. We are now looking into what might be left from the crooked and banksters. All banks are Basel 3-4 compliant... Iraq borders are now locked in and all that needed to be announced is now a reality. 5-10-2019 Newshound Guru larrykn Article: "In response to a request by the Anti-Corruption Council .. Baghdad today announced its readiness to provide documents reveal a major smuggling of money through the sale of currency auction" they really need to get rid of those auctions. [...auctions appear to be the center of underworld.] they always have been, until they get rid of them they will always have corruptions and that is why they need to revalue their currency and only have the dinar in their country.
  13. 5-8-2019 Intel Guru Frank26 IMO, I believe the President of the U.S. is in control of the whole RI of the Iraqi dinar & his dealings with China because they're digging up Iraq...not just with China but with others that are working with Donald Trump. So he tells China get your financial negotiator here...we have got to do some things and finalize it with you regarding Iraq ...because I have business to do with Iraq and you're postponing it...(post 1 of 2)... 5-8-2019 Intel Guru Frank26 ...So they don't show up... So Trump says ok we're jacking you up from 10% to 25% on your tarriffs by this coming Friday. So China says ok we'll be there. The next thing we know Pompeo shows up in Iraq...he says we're getting some things done...China's almost done. There's a combination of China, the USA, Iraq and Iran...that is going to open a lock to the Re-Instatement of the Iraqi dinar...(post 2 of 2)...
  14. 5-9-2019 Intel Guru Eagleone2025 THERE IS A LOT OF MISINFO TRYING TO BRING DOWN MARK [GURU MARKZ] AND OTHERS. CONFUSION IS RISING. DO NOT PANIC. THIS WINDOW IS CLOSING TONIGHT AT MIDNIGHT. WE ARE ON A DAY BY DAY GO. WE TALKED ABOUT DIFFERENT WINDOW. THERE ARE SEASON (REASONS?) FOR HIGH ALERT. JUST STAY CALM. IT'S IN THE WORKS. REMEMBER IT'S A PROCESS. 5-9-2019 Newshound/Intel Guru Mnt Goat There is talk that the PM Mahdi has said he will reinstate the dinar by June 1st. I have absolutely no evidence that he has said this. Yes, indirectly he has made reference to the economy getting better by June but this could mean lots of things. He also said the ministers would be competed by June. ...But we do know the IMF wants Iraq and the CBI to move ahead and reinstatement and “free their exchange rate”. They have said to directly to the government and this was reported by the news media...(post 1 of 2)... 5-9-2019 Newshound/Intel Guru Mnt Goat This means the need to reinstate it and put it on the planned “free float” just like all other currencies on the open trading platform. The IMF wants the investors to drive the rate and keep it stable. They say that Iraq is now ready and so why are they waiting? We know why they are waiting. It is due to all the corruption in the currency auctions and the reluctant to end them, as they are today...(post 2 of 2)... 5-9-2019 Intel Gurus Frank26 & Delta [Member? ...if the Emir of China is going to DC and they do actually make a deal this week, then I believe we could see what we seek on Sunday...all imo] Frank26: I...SECOND THAT EMOTION... DELTA: I...THIRD THAT...
  15. 5-9-2019 Intel Gurus Frank26 & Delta [...if the Emir of China is going to DC and they do actually make a deal this week then i believe we could see what we seek on Sunday...all imo] Frank26: I...SECOND THAT EMOTION... DELTA: I...THIRD THAT... 5-8-2019 Newshound/Intel Guru Mnt Goat "IMF STAFF COMPLETES 2019 ARTICLE IV MISSION ON IRAQ" This is the article IV consultation session we have been waiting for since last year and it was postponed twice in 2018. We knew any reinstatement could not occur outside of the early January-march period without this last consultation. Now we have it. ...Am I saying the reinstatement is now free to go? No, there are still approvals and the will of the CBI and the Finance Committee to approve it and go ahead. There are no signs they intend to do this now. But at least now we know we are getting closer and there are possibilities.
  16. 5-4-2019 Newshound/Intel Guru Mnt Goat Next parliamentary session is scheduled for [today], Saturday. No announcements that they will vote on the remaining ministers. 5-4-2019 Newshound/Intel Guru Mnt Goat ...there is NO sound or reasonable evidence that the Iraqi dinar will or can RV anytime soon. ...the window of opportunity quickly closed at the end of March 2019 as it did in 2018. This happened when the government had the CBI send out the electronic payment files and paid out at the old 1180 rate both times. The only window we now know is for January 2020. Could this change? Yes, it could but there is no sign or evidence it has or will...([post 1 of 2).. 5-4-2019 Newshound/Intel Guru Mnt Goat ...The banks DO NOT control the RV. The US Treasury DO NOT control the RV. The initiation must come from the CBI. An indication to us that they have done so will come from the “project to delete the zeros”. This [is] now on hold again and we wait...Does the US have some impact? Yes, the US does have a say in the approval cycle once the CBI is ready. So now April is gone and we will see what May brings us. Remember April showers brings May flowers so we wait and see…lol. We know something has to break soon and so will it happen in May or will this be strung out all the way until 2020? ..(post 2 of 2)...
  17. 5-4-2019 Intel Guru RayRen98 ...on Iraq tv they are reporting that all citizens will have their purchasing power before June and that is a correct statement Mandi saying Iraq moving in a positive manner. 5-4-2019 Newshound Guru MilitiaMan "Alak has been promoted to Vice President of current session and the President of the AMF in the next session to follow." Alak is not bringing a program rate to the head of the class at the AMF [Arab Monetary Fund] , imo period... 5-3-2019 Newshound Guru ChrisC "Alak is not bringing a program rate to the head of the class at the AMF [Arab Monetary Fund]..." Of all the signs, or pieces of evidence, this is the most clear and pertinent to me. This is like saying some fat guy that has never played football is the new quarterback for Dallas. That's not happening. There should be NO possible way that a CB governor that doesn't even have an international currency could occupy such a high profile position. It would be embarrassing.
  18. 5-3-2019 Newshound Guru MilitiaMan Laundry list of thoughts of mine why we are going to the Bank so very soon, imo! 1) The Parliamentary Finance Committee is moving in the current legislative session to develop mechanisms to change the monetary policies in the country, in coordination with the Central Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation." ~ March 20, 2019.." "the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation In the country"." 2) Mahdi stated that before June he would increase purchase power for the citizens...(post 1 of 3)... 5-3-2019 Newshound Guru MilitiaMan ... 3) An article from the Basra Branch of the CBI, told us that they were to facilitate exchange trade with all groups of currency. The spoke of lower denominations and small category notes, and all groups!! ...IRAQ TRADE BANK to be operational, as the first international bank of Iraq, in Riyad Saudi Arabia come mid May. 4) Alak has been promoted to Vice President of current session and the President of the AMF in the next session to follow. 5) Alak was recently in Erbil at a new Bank with what looks like him giving education on currency that has different coloring, etc. They don't need education on old notes...(post 2 of 3)... 5-3-2019 Newshound Guru MilitiaMan ... 6) IMF at least twice has addressed their exchange rate to be in line with international standards.imo 7) IMF talking about changing the currency auctions or effectively ceasing them as we know them. 8 ) Article from the CBI talking about a unified Arab Currency! 9) ISX to be linking with the Nsadaq. 10) Financial Inclusion was a success to date. Those are a few thoughts that come to mind. Most all the items above have no validity while the IQD is at a program rate. I'll be watching the out come from Mahdi in France. Mahdi and Abadi were involved in the Paris Club. So lets see if Mahdi brings home the kittens.. lol...IMO.! ...(post 3 of 3).
  19. 4-29-2019 Newshound/Intel Guru Mnt Goat Article: "TO ENACT THE LAW OF FINANCIAL ADMINISTRATION" Quote: “...the Committee is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state...” I don’t know exactly how long this will take but it is very good news. I quote from the article. – “the change will raise the exchange rate of the Iraqi dinar against foreign currencies”. We wait and see what happens. How many times have we heard this and yet NOTHING ever happens? 4-29-2018 Newshound/Intel Guru Mnt Goat ...there is NO sound or reasonable evidence that the Iraqi dinar will or can RV anytime soon...the window of opportunity quickly closed at the end of March 2019 when the government had the CBI send out the electronic payment files and paid out at the old 1180 rate. The only window we now know is for January 2020. Could this change? Yes, it could but there is no sign or evidence it has or will. ...So now April is just about gone and we will see what May brings us. Remember April showers brings May flowers so we wait and see…
  20. 4-25-2019 Intel Guru Frank26 [via Iobey77] YESTERDAY AN EXPLOSION OF INFO WAS RELEASED BY THE CBI. [GURU] DELTA LABELED THIS INFO CODE RED AND I APPROVED IT. IMO ONCE AGAIN SHOWING US THEY ARE OPERATING INTERNATIONALLY AS ARTICLE 8... 4-25-2019 Newshound Guru Kaperoni [The new CBI bank being built makes me think they need a world tradable dinar to go along with that Big Fancy Bank!] For sure. Article VIII is coming. 4-25-2019 Newshound/Intel Guru Mnt Goat ...The Iraqi Central Bank determines the reinstatement timing not the banks...The bank screen with rates have very little to do with the process other than they are at the VERY last point in the food chain in the process... By the time they are of any significance we would have already known about all these other points and we would know for sure that the reinstatement has already occurred. The CBI also is going to let us know and not just pop this out on its citizens without sufficient warning. We have been told this by the CBI itself over and over again, and each time they attempted to reinstate this has been the case...
  21. 4-24-2019 Newshound Guru MilitiaMan Article: "International Smart Card Company contributes to financial inclusion" Financial Inclusion and Financial Coverage are both addressed here...They are telling the citizens most important, but, they are also telling us now how far they have come and how safe and secure it is to bring in your money and get cards. They can facilitate all your needs and concerns through the Smart Cards. They are telling them with a card you can not only deposit but, spend...So, clearly this is now well within supporting that Financial inclusion is becoming and more likely is a success and rolling out now as we speak to a level they see fit for MR to date. Lets see if it has a finality this week in respect to how the process is unfolding and at what level they feel is enough Financial Inclusion for the state as a whole... 4-24-2019 Newshound Guru MilitiaMan Article: "US agency: Baghdad Tehran to negotiate the purchase of natural gas in Iraqi dinars" It looks like the work in progress is heating up since late last year. Now that Iraq and Iran must make a deal in dinar to circumvent sanctions (possibly have made one)...I suspect the pressure in Iran is red hot to get a proper deal done with the neighbor and in a currency that has value or at least adjust as to not take a hit in trade value between Iraq, and so an appropriate deal can be utilized to alleviate disparity in exchange rates and to avoid sanctions by the rules in place per the USA...We shall see if Iran makes a proper deal to sweeten the pot or not for her citizens. My take is regardless, it is getting very hot...IMO
  22. 4-23-2019 Newshound/Intel Guru Mnt Goat Article: "200 SAUDI BUSINESSMEN WERE ENTERING IRAQ WITH CAPITAL ESTIMATED AT MORE THAN 65 BILLION DOLLARS OVER COMING YEARS" Quote: "An agreement was signed" between the Iraqi National Investment Commission and the Saudi Investment Authority to develop a roadmap soon..." So the growth is slow but they still need the corruption gone or it will stifle any real growth in the long term. 4-23-2019 Intel Guru MarkZ [Q? : What should we take with us to the exchange apt?] I would take with me whatever you would take if you were to open up a bank account…or pick up a drivers license. ..its better to have too much and not need it then have to little and need it...I say take a drivers license, SS card, birth certificate,and a piece of mail addressed to you. This is my opinion. 4-23-2019 Newshound/Intel Guru Mnt Goat There is lots of chatter about the Dong currency and whether it is planned to revalue. Remember Vietnam was considered on the “underdeveloped” country list of the IMF and so it is one of these countries they want to bring forward because it has great potential...The State Bank of Vietnam has been giving us signals for almost a decade now that they plan to get rid of 3 or up to 4 zeros from their Dong currency. So, we know something is up. But what we don’t know is just exactly how they plan to do it...(post 1 of 2)... 4-23-2019 Newshound/Intel Guru Mnt Goat Article: "ACCORDING TO THE NATIONAL BANK OF VIETNAM, VIETNAM WILL ISSUE A NEW VERSION OF THE VIETNAMESE DONG ON JANUARY 1, 2015." Of course this did not happen. Why? This is another case where they need to rethink what they are doing. They do not want a bunch of new billionaires overnight. They must first “withdrawal” a certain % of the current larger notes out of circulation, the same process of the project to delete the zeros that Iraq is now going through. The only way to do that is to go electronic banking, just like Iraq did.This is now in the process... They plan to accomplish the conversion to electronic banking by 2020. So could this be a target?...(post 2 of 2)...
  23. 4-22-2019 Newshound Guru MilitiaMan They told us...that Iraq has the full resources from the Saudi Arabian Kingdom to further their progress in re construction and oil exploration in the Sahara. This supports they are waiting on an international rate to be exposed for them to be secure in that investors are taken care of in kind, imo. They want safe and secure, a level playing field if you will. 4-22-2019 Newshound/Intel Guru Mnt Goat The news today is mostly all about getting investors in Iraq. They know they need to kickstart their economy somehow but can’t just seem to be able to do it with any level of success. But the news today suggest maybe they might move ahead finally in the coming weeks and months. There are still no signs from the CBI of an urgent pending reinstatement of the dinar any time soon... Article: "POST OF GOVERNOR OF THE CENTRAL BANK OF IRAQ" Quote: "It is noteworthy that some sources said earlier, that the post of governor of the Central Bank will be a coalition led by Moqtada al-Sadr." I am seeing that Sadr is NOT pleased with the efforts of the CBI and still feels it is enormously corrupt and not doing all the necessary actions too deal with it. Sadr also wants currency reform and wants it NOW.
  24. 4-21-2019 Newshound Guru MilitiaMan Article: "The opening of the first Iraqi bank in Saudi Arabia and cooperation includes security and intelligence" It was a big day. We learned not only did the Citizens and even the Kurds get their pay on time electronically and through out the 04/08/2019 - 04/18/2019 time period, then the ITB did a ribbon cutting bank ceremony and were somewhat vague on when they would open branches once done bragging about it, just as the Rasheed Bank was vague as well. Why be vague? Smart move...Imo. ..(post 1 of 2)... 4-21-2019 Newshound Guru MilitiaMan Yet today, the ITB forecasts mid May to be open and be operational for investors in and out of the Kingdom? Well, imo there is a possible logic for that. It is an Iraq Bank in a foreign brotherly land. Therefore, they will need to meet the needs of both brothers, imo. ...We also should know by now that investors that trade internationally and by the same international standards, typically trade in quality and not at "Sub Par". A program rate is by far, sub par...(post 2 of 2)...
  25. 4-21-2019 Newshound/Intel Guru Mnt Goat Iraq has been sucking in these large 3 zero notes “unofficially” when they went to electronic payment system. By means of not redistributing these 3 zero notes over and over again during payrolls, they essentially were able to collect nearly 2/3 of them and get them out of circulation. The remaining 1/3 the CBI says will remain in circulation and “coincide” with the newer smaller category notes. So far they are using three denominations of the lower categories 250, 500 and 1,000...(post 1 of 2)... 4-21-2019 Newshound/Intel Guru Mnt Goat We wait for the CBI to make the next move and launch the other needed smaller categories. This is when we go to the bank. They will have to raise the RATE (of exchange).Note I did not say VALUE since we all should know the value is already in the Iraqi dinar. What we want is a reinstatement to the global currency exchanges and with this a justified new rate to coincide and to reflect with its current VALUE...(post 2 of 2)...
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