Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Search the Community

Showing results for tags 'opinions'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Welcome to DinarVets!
    • Rules, Announcements & Introductions
    • Questions and Tech Support
  • VIP Area
    • VIP Section
    • VIP Section
  • Iraq Topics
    • Iraq & Dinar Related News
    • Dinar Rumors
    • RV & Dinar Questions
    • Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
    • Chat Logs
    • ISX (Iraqi Stock Exchange)
    • Warka and Iraqi Banking
    • Dinar-ify me!
    • Buying and Selling Dinar
    • LOPster tank
    • Debate Section
  • General Topics
    • Off Topic posts
    • Politics, 2nd Amendment (Gun Control)
    • Iraqi Inspiration and Stories of our Soldiers
    • World Economy
    • Music Videos etc
    • Natural Cures and Health Talk
    • DV Weekly Powerballs.
  • Investing
    • Forex Discussion
    • Penny Stocks
    • Wall Street
    • Gold & Precious Metals
    • Foreign Currencies
    • Tax Discussion
    • Investment Opportunities and Wealth Management

Calendars

There are no results to display.

Product Groups

  • VIP Membership Packages
  • OSI Products
  • Just a text
  • RV Intel and the Cash In Guide!

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Phone Number (for VIP text message)


AIM


ICQ


Jabber


Location


Interests


Biography


Location


Interests


Occupation


My Facebook Profile ID


My Twitter ID

Found 511 results

  1. Adam's Information taken from another site: 10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds...Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and...we're all like "wait what about the Iraqi Dinar?!" Article quote: "...After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran..." ...let's identify "the Kurds"... Quote: "Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan..." ..,.(post 1 of 2)... 10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq...a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain...(post 2 of 2)... NOTE: Adam's entire Chat can be found in the Dinar Vets Chat Logs Forum as: Adam Montana 14 October 2019
  2. 10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive. 10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up. 10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but inter-banking is certainly the possibility, the CBI has stated themselves that they are working towards that, but we'll have to wait and see when they accept Article VIII what happens. 10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo. ***************** Sunday Midnight Opinion ***************** 10-13-2019 Newshound Guru Whitelions ...I know the biggest problem is 99% of the people that got into this did it on the word or [of?] a quick payout and here we are still here but it will happen and fairly quick now...there is no going back now too much has and is being done but again to many people have pumped this now now that it very hard for people to just watch it unfold at the pace it needs to take to get it done right.
  3. 10-13-2019 Newshound Guru Kaperoni I don't mind having conversations with people that want to discuss different subjects pertaining to the dinar but I wish they would do their homework first. For example one individual thinks that the IMF only can encourage the CBI but cannot control them or dictate. But more importantly back in 2015 when Iraq was in financial dire straits when oil prices we're low an agreement giving trustee to the IMF over the CBI was sign around December 2015. There's also a significant difference between the guru oil credit nonsense and the recent agreement between China and Iraq selling oil at market price in exchange for work labor to rebuild the country. 10-13-2019 Guest Guru Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am. 10-13-2019 Newshound/Intel Guru BGG Article: "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption! “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”. They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar; “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”. Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them. That's all for now. Have a great Sunday afternoon & evening, and a Columbus Day holiday for those who will get it off...! RON
  4. 10-12-2019 Guest Guru Francis Albert There are more "loose particles" that are ostensibly good arguments why Kap's [Guru Kaperoni's] opinion that 40 Trillion Dinar "out there" make it impossible for any significant up tick in IQD is not a show stopper. The main one is the argument...that oil credits, which are not just guru non sense IMO, will soak up a bunch of Dollars/Dinar. Also 3 zero notes will have a 10 year shelf life and banks can manipulate how quickly they cash in. Here's the thing. IMO Banks, all big banks that are owned by the Dollar Inc. Boys where at the top of the food chain to even do this "war" with Iraq. They drive the agenda for most things. Remember these are the very same that run the IMF, World Bank, BIS and U.N. And the people they meet and sit with are also big players in defense etc. The people who love war...(post 1 of 2)... 10-12-2019 Guest Guru Francis Albert So, on the Dinar and outstanding Dinar IMO the big banks want Iraq to succeed because they are in there with bases, protecting their oil and they are salivating over fertile land and water in Iraq. They will do all they can to keep Iraq peaceful and yes, happy and financially successful. So, since banks just create money, money is not an issue for them. It is about control and protecting Dollar Inc. Kap may be close to the 40 Trillion outstanding, I don't know..would not be surprised if that's accurate. But, you can't look at something in a vacuum. Who owns the notes? What is their agenda? It is like looking at an organ of the body without looking at the whole person...(post 2 of 2)... 10-12-2019 Guest Guru Sergio Even before Hussein came back into power the IQD was about 2.80 and all they had was oil...So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF... As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that counties central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it...As always we wait. 10-12-2019 Newshound Guru Jeff Article "Parliamentary Finance: Delegations form the region arrived in Baghdad to pressure the government to pass the 2020 budget" ...This article is very important. It's telling you that a Kurdish delegation is headed to Baghdad to recommend to them to approve and complete the 2020 budget...this is huge...this budget has everything to do with the rate change... 10-12-2019 Newshound Guru Kaperoni The guru's have been making silly statements about oil in exchange for dinar at a reduced price for years. It could never occur because Iraq is 90% dependent on oil and their annual budget is based on a oil dollar amount. Circumventing would prevent them from meeting that budget...I don't think Iraq will ever pay China in oil, I think that was only a guarantee to help facilitate the market economy. But even if they were, it is not the same as what the guru's have been talking about for years when referencing oil credits. 10-12-2019 Intel Guru Frank26 NDA's are a bunch of garbage. It's the gurus way of exaggerating what they think is valuable to give to you...and to make it look like they're special...This is absolutely correct...! Have a great Sunday everyone....RON
  5. 10-10-2019 Newshound Guru Breitling ...there's institutions out there that are already starting to fight for your currency. A lot of people are getting emails from these currency exchange dealers. They used to offer $650 for the dinar [1 million] you have. Now they're offering $850 right now I think in the emails I'm getting. So it's starting... 10-10-2019 Newshound Guru Kaperoni Article: "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy" You better hope that doesn't happen because they're talking about a lop it's clear as day..."I want to remove the zeros off the paper"...meaning lop them. ...my hope is the CBI is going to follow the directive of the IMF in float the currency and allow it to gradually rise based on the influx of capital as a result of significant investment to create a market economy. But as a backup it seems that Parliament wants to pass a law to Simply lop the zeros off the notes and create a one-to-one exchange rate, as well as reducing the currency from trillions to billions... We have to hope iraq succeeds in launching this market economy. 10-10-2019 Newshound Guru Whitelions ...this is an exchange only and we as private people have 2 years to turn in where as the banks of the world have 10 years. either Iraq can ask the banks to turn in as they need or the banks can turn in as the rate changes at a penny or 2. we will take our dinar to the banks and they will deal with the cbi from there...we do know the CBI has told us how they will handle the dinar its on their web site. [10 yrs to redeem?] ...for the banks of the world yes for us and all the people taking it to the banks 2 years... this is really close...the demonstrations have set it back a little... 10-10-2019 Intel Guru Delta ...MAHDI WILL SUBMIT NEW LIST TO REPLACE PROXY POSITIONS BEFORE 10/24...THEY HAVE NO MORE CAN TO KICK...THEY WILL BE KICKED HARD THIS TIME IF THEY DON'T DELIVER...
  6. 10-11-2019 Intel Guru RVAlready It does seem that Iraq is ready for early next week. 10-11-2019 Newshound Guru Kaperoni People can only sit for so long with empty promises to they get restless. The government needs to activate economic reforms, laws and the banking system needs to get open for investors to come in. Otherwise violence is only going to escalate. 10-11-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni's post 10-11-19] I’m not sure this is as much a “slam dunk” translation as is laid out here. Further…How would this POSSIBLY reconcile with all their previous statements that the new and old versions would co-exist in the market place for as long as 10 years? How would this be possible? Also note the...post [Reference Guru Kaperoni's post 10-8-2019] regarding Kaperoni’s dramatic statement about oil credits being “nonsense”, followed the very next day by an actual news release out of Iraq detailing just such an arrangement agreed to by both Mahdi and China. Hmmmmm…!
  7. 10-10-2019 Newshound Guru chattels Article: "Iraq, China launch 'oil for reconstruction' agreement" Quote: "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day." Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford. The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports. The main problem here is that Chinese workers will be in the field, taking jobs away from Iraqis who desparately need the work. It's the same thing as Iranian workers in Iraq, taking away Iraqi jobs. Sad situation. RON 10-10-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi: Thursday, Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform. Now we wait for the results of the meeting, and the results of the vote, if it took place. RON
  8. 10-10-2019 Newshound Guru Adam Montana I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger. The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived... 10-10-2019 Intel Guru Frank26 ...I believe the phase that they are in now is to distribute these lower denoms...what do you need before or synchronized with? A rate change. The description, the pictures, must come before a rate change or simultaneously. We truly believe that the phase is to show it to them, the citizens, and while they're understanding it, ding-dong Avon calling! 'I'm here to deliver you lower dinars private banks. Are you ready to accept them? Yes. Sign here.' ...this is the last and final piece of the puzzle...
  9. 10-9-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...Notice there has been no effect on the Iraqi dinar exchange rate due to the protesting. Not one pip movement of the Iraqi dinar exchange rate. Because it is not unstable. It is not off track. It is a process moving forward and I'm excited about Monday [October 14th]. (Reference Guru Frank26 10-8-2019 post).. 10-9-2019 Newshound Guru Jeff ...everybody else was telling us that Mahdi would be removed and that the government would be dismantled. Why aren't you giving us any of those details? Great question. Thank you for asking. Here's why. From the beginning I have told you that the demonstrations would have no bearing on this investment. If anything the demonstrations have confirmed and proven everything that I've been telling you since the end of August...the demonstrations have had no bearing...(post 1 of 2)... 10-9-2019 Newshound Guru Jeff Remember the CBI and the GOI are completely autonomous. So whatever happens with the GOI it has nothing to to do with the CBI. The CBI controls the money. The GOI controls the government and they work with the people. The only thing the CBI is seeking from the government is stability. Before they will agree to change the rate, they want the GOI to have a formed completed government...and they also need to have an approved 2020 budget because that's where post rate change monies will come from for reconstruction, Article 140 and the HCL...(post 2 of 2)... GOODNIGHT ALL......RON
  10. 10-9-2019 Newshound/Intel Guru Mnt Goat ...as an investor in the dinar, we are not yet seeing the currency reform demand of the protestors being met. Let’ s see what happens in Thursday’s session in parliament... 10-9-2019 Intel Guru Frank26 ...the CBI 4 days ago told [guru] walkingstick's firm that on the 14th 'the acceptance of new currency to be followed by the fils.' The "Acceptance". These aren't just ordinary words. They are up here for a reason. They're well calculated...the bank must accept the responsibility of the lower denoms. This is the highest intel of the monetary reform of the Iraqi dinar...I believe very deeply in my heart they're about to show pictures and descriptions of the lower denoms to the citizens...and one more thing they will be given, the explanation...behind why their exchange rate has changed. [Reference Guru Frank26 10-8-2019 post]
  11. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports. And over 50% of the annual budget itself is salaries. Therefore they could never sell oil for less that that amount in the budget calculation for a particular year or they couldn't meet their budget not to mention they wouldn't be able to pay their people. Maybe someday if Iraq ever had a fully functional market economy and diversified to 50% or so and the state payroll was less than it is they may be an opportunity to do something like that but that is so far in the distance... 10-8-2019 Intel Guru Frank26 ...what are we looking for? We're looking for pictures and descriptions [of lower denoms]...Saturday or Sunday it's possible we might finally be introduced to those pictures and descriptions...
  12. 10-8-2019 Newshound/Intel Guru Mnt Goat The Iraq protestors continue until the list of demands are met. We know these demands include stopping the currency auctions. We know if they do this they will then move the dinar to trade international. We have been waiting for this for many years as investors in the currency. But the question is - will this protesting effort actually put pressure on them to do it? We know there is already a plan to roll out the smaller and the small category notes and coins by the CBI. They keep telling the people of all the corruption but it seems to make no difference...(post 1 of 2)... 10-8-2019 Newshound/Intel Guru Mnt Goat So, there was talk of dismissal of current prime minister Mahdi. According to the constitution this would be a no confidence vote. So what happened on this vote on Saturday? A parliamentary source said on Monday that the House of Representatives will hold its eighth session to discuss the demonstrations on Tuesday. The source said in an interview with Alsumaria News, "The House of Representatives will be held at one o'clock on Tuesday, its regular session." He added that "the session will be dedicated to discuss the demonstrations and take the necessary measures to meet the demands of the demonstrators."...(post 2 of 2)... 10-8-2019 Newshound Guru Kaperoni Any such idea to release a new currency or small denominations right now would be a disaster. Iraq is doing everything they can just to maintain stability. Criticle this month is the vote on Special Grades which includes the CBI governor (Allaq could be replaced), parliament voting on laws, and parliament getting the 2020 budget to begin review that includes a significant increase in spending for the private sector. 10-8-2019 Newshound Guru chattels Article: "Parliament officially votes to freeze the work of provincial councils" Quote: "...The House of Representatives officially voted to freeze the work of the provincial councils. It also voted on the recommendations of the parliamentary committee charged with considering the demands of the demonstrators" It appears that the Iraqi Parliament managed to obtain a quorum for today's business.
  13. 10-6-2019 Newshound Guru MilitiaMan ...The so called brotherly neighbor has tentacles deep inside helping them selves to the cash cow called Currency Auctions. I don't disagree, there are things in the country that are and will be far from over. However, one hell of a good way to solve that is to stop the auctions, raise the value, which will provide jobs that will come from going international with a new internationally excepted currency. That will be the facilitator for global trade for the world which will in turn beget purchase power for the citizens, while they grow economically with the new jobs created from the positive effects of raising the value. imo. 10-6-2019 Newshound Guru Bloodloch There are somewhere between six and a dozen or more different factors that may influence exchange rates, depending upon who you are talking to. The money supply or currency issued is just one of them. Investor speculation, interest rate differentials, inflation rate differentials, gross domestic product, international investments, trade deals, and other factors all may come into play. At times it may seem like such determinations are more art than raw number-crunching science, or perhaps it's just whatever the central banks want it to be in order to achieve some global political agenda. Investopedia says, "... exchange rates are determined by numerous complex factors that often leave even the most experienced economists flummoxed... " I couldn't agree with them more. 10-6-2019 Newshound/Intel Guru David M. Witty In ministerial cabinet meeting, Iraqi PM Abdel-Mahdi makes promises to meet demands of protesters: corrupt officials to be held accountable, land & housing for those with low income, interest free loans, opening Army to volunteers. Good Night Everyone - Be Blessed...! RON
  14. 10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes... 10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
  15. 10-5-2019 Intel/Newshound Guru Frank26 ...we're thinking the CBI is going to bring out the pictures of the lower denoms/smaller notes. What do you think will happen if they all of a sudden they saw this tomorrow or Monday or Tuesday? It would quell the anger. It would stop the protesting. It would stop the killing...why? Because the citizens would have their minds on something that belongs to them. Finally! 10-5-2019 Newshound Guru Jeff Sader is now backing down from removing the government. Because their hands are tied and boxed in a corner (waiting for the RI). They could only offer 3 items to the citizens: 1. Jobs. 2. Cheap Housing. 3. Money. 10-5-2019 Newshound Guru larrykn Articles: "Saleh, al-Halbousi call for maintaining community security of protestors"; "Arab League voices concern over unrest in Iraq"; "Baghdad`s protests death toll rises to 100 and injuries to 4000" I hope they can settle the people down soon , this can be either good or bad for the country, they will either get off the pot or stall. we shall see...
  16. 10-5-2019 Newshound Guru Jeff (This post was from yesterday's chat) ...they said on this Saturday the 5th they were going to vote on the Education Minister now they're not showing any intentions of doing that...ONE article says that tomorrow, Saturday, most of the political blocks will vote to dismiss the government. So be cautious with that. It may not happen. We'll have to wait and see... 10-5-2019 Newshound Guru Kaperoni These Iraqi protests have gone on now for several days. This is not what we as investors want to see happen. Delays in reform and investment will be the result. Not good...They need to get investment and companies to come in and put people to work, that is what will raise the value of the currency.
  17. 10-4-2019 Newshound/Intel Guru Mnt Goat [Guru] Frank26 says 12 large armored trucks traveling to banks seen...I want everyone to know these trucks are NOT filled with the smaller of the smaller category notes. They are the promised 250, 500 and 1000 dinar notes...the CBI needed to replace these notes. These are now the replacement notes. So this has NOTHING to do with the RV... [Reference Frank26 10-3-2019] 10-4-2019 Newshound Guru Bloodloch [reference sandyf post 10-3-2019 last night] "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt." Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency. In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD...! 10-4-2019 Newshound/Intel Guru Mnt Goat Article: "SAUDI ARABIA ALLOWS AND ENCOURAGES INVESTMENTS IN THE IRAQI STOCK EXCHANGE" ...we already heard that October was the timeframe to begin the Nasdaq indexes also. Now we are seeing the Saudis also coming online. This is all fantastic news. How can they go much longer without having a rate to trade on FOREX?... 10-4-2019 Newshound Guru Adam Montana Every ounce of effort put into this venture will one day (soon) return many times over.
  18. 10-4-2019 Newshound Guru Jeff ...What is the rate change waiting on? What steps does the rate change need for the rate change to occur? ...(Things shared with you are not set in stone)...they still have to get the money ready to go and the money has to be allocated and be ready to be dispersed. Those steps have to come from a budget...the 2020 budget is linked to the rate change big time. It's got a lot of financial allocations and monies...items that pertain strongly to the rate change. So they have to complete the budget before the rate can change. It's that simple...that's the reason I've been telling you that the rate cannot change this year. It's because they have to finish and approve and complete the 2020 budget which will roll into next year. 10-4-2019 Newshound/Intel Guru Mnt Goat "IRAQ: DEMONSTRATIONS OVER UNEMPLOYMENT, CORRUPTION AND POOR PUBLIC SERVICES." ...they were demanding currency reform. ...The protestors actually do have this on their list of demands. This is all VERY good for us and our investment. A government like the GOI can’t keep making these promises to the people and then do nothing. Eventually the people will rise up and do something to get what was promised...is the GOI going to meet the demands? We know one of them is the currency reform. The demonstrators gave them 15 days to meet the demands.
  19. 10-3-2019 Newshound Guru Kaperoni I am very confident with all of the economic activities going on in Iraq that they certainly will launch a market economy and receive private investment to rebuild the infrastructure next year. They must open the banking system for that to succeed and float the currency. 10-3-2019 Intel/Newshound Guru sandyf ...The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt. 10-3-2019 Intel Guru Frank26 I think Alaq is going to say a lot tomorrow...They moved 12 trucks, gigantic armored trucks out of the green zone. They were escorted by Blackwater and whoever else...they escorted these 12 armored trucks and Alaq went on television and he told the citizens, 'we are moving these 12 armored vehicles to undisclosed destination.' He told the people the trucks were loaded with funds. There's no doubt these are the lower denoms because the day before he told them, 'I'm going to give you the lower denoms.' And now he's telling them, 'look I'm moving them.' But he's not telling them what funds they are...it's possible they are either going to show them tomorrow the pictures of the lower denoms or Saturday...I really think this week they are going to show it to them... 10-3-2019 Newshound/Intel Guru Mnt Goat Article: "THE NEW SESSION OF THE BAGHDAD INTERNATIONAL FAIR WILL WITNESS A MAJOR BREAKTHROUGH FOR THE CONTRIBUTION OF THE PRIVATE SECTOR" ...the more the private sector is engaged in Iraq the more likelihood they will have to change over from the currency auctions and go to a free market economy, thus get the currency on FOREX. 10-3-2019 Intel Guru FRANK26 IF YOU THINK THINGS ARE NOT LOOKING GOOD DUE TO THE DEMONSTRATIONS, DON'T... I AM VERY EXCITED BECAUSE OF WHAT TEAMS ARE TELLING ME..!!! 10-3-2019 Newshound Guru larrykn Articles: "Iraqi protests turn deadly as security forces open fire on demonstrators"; "UN expresses concern over violence in Iraq protests" this should get the attention on the government. they better get going or the whole government will collapse. This might be the turning point for Iraq.
  20. 10-2-2019 Newshound Guru Adam Montana ...OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is...There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil...the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. ...(post 1 of 2)... 10-2-2019 Newshound Guru Adam Montana Whether they barter directly for oil or not is kind of irrelevant. China probably doesn't give a hoot either way, because they know exactly what we know - Iraq is rich with oil, Iraq will not be an impoverished land with no way to pay their debts, and Iraq has every ability to pay their debts... because of oil. I wish I had a date to put out here, but you all know by now I won't do that. It sure does look promising, though! Iraq has an RV button to push...(post 2 of 2)... Adam's entire Chat can be found in the Chat Logs Forum as: Adam Montana Weekly 2 October 2019
  21. 10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with the [Lower Denom] pictures IMO...It will be Allaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms (to educate the people, as Frank is so accustomed to saying)... 10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar...(post 1 of 2)....REPOSTED for Continuity... 10-2-2019 Newshound/Intel Guru Mnt Goat Right now the rate is still being suppressed at the program rate. The program rate was supposed to be a temporary de-facto peg to the US dollar to help they through a time of high inflation and prevent hyper-inflation. The CBI has told us there is a process to getting the dinar “reinstated” and in use as an international currency once again. It is not as simple as just pulling a trigger and wamoo, the new rate appears on FOREX...(post 2 of 2)...
  22. 10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar...(post 1 of 2)...stay tuned...More to come... 10-2-2019 Intel Guru Frank26 ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar. They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes. 10-2-2019 Newshound Guru Kaperoni Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be. Expectations are as high as $70 billion as they attempt to launch a private sector.
  23. 10-1-2019 Intel Guru Frank26 ...the Iraqi dinar is live on NASDAQ and Forex and a lot of currency counters...If it's on NASDAQ does it have a different rate to it? No. I told you yesterday they can come to NASDAQ with a program rate...it is now going to be on the international boards trading...the dinar is now playing with the big boys and big boys don't play with program rates... 10-1-2019 Intel/Newshound Guru sandyf It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years... How can the projected figure be higher unless they keep printing and selling IQD at auction - which is something they all agree will soon need to cease. 10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools...(post 1 of 2)... 10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild...(post 2 of 2)...
  24. 10-1-2019 Newshound Guru Jeff [Article: A surprising new forecast for the 2020 budget deficit] ...goes into detail about the 2020 budget...I'm done looking at the year of 19 and I've already advanced into the year of 2020...they're telling you that the 2020 budget should create the conditions to support economic reform, reconstruction activities focused on immediate reforms and implementation of the government program...the government program is...all the government services after the rate change that are gonna be offered to the citizens post rate change to give them a better life...look at what they've linked to the 2020 budget... 10-1-2019 Intel Guru Frank26 ...the 3rd phase has ended pretty much as of today. These are steps that have to be done. I call them phases but the CBI is calling them blocks...I told you there were four phases. I believe we are about to start the 4th phase...the momentum of the monetary reform, it is picking up...IMO these samples/specimens that were given to the bank by the CBI...or lower denoms these are next to be seen by the citizens as part of their education. Then the real small category notes/lower denoms will be put in their hands with a change in the rate...the only step important now is for the citizens... Well, I guess we still have a wait - according to Jeff & Frank, still needed: * more monetary education for the citizens, * the budget to be opened in 2020, * conditions needed to support economic reforms, * for the GOI & CBI to get off their duffs and agressively move forward. LOL...they were originally supposed to increase the value in 2010, then in 2012 - but we had Maliki screwing up the works, then ISIS, then Iranian influence & forfeiting....what next...only God knows...! RON
  25. 10-1-2019 Newshound/Intel Guru Mnt Goat ...Well, well here we are done with September and it’s October already...Yes, the weeks and months are clicking away... They...bash me for justifying this might just go all the way until early January 2020. ...SO, WHERE DO WE SIT RIGHT NOW WITH THE RV? ...We are just waiting on the CBI to launch the smaller of the small category notes. Remember they already launched the 250, 500 and 1000 notes way back in 2003 and in 2011 they told us these notes will REMAIN in circulation as part of the smaller category notes... We are waiting for notes yet even of smaller denominations...(Reposted 1 of 2 - for continuity)... 10-1-2019 Newshound/Intel Guru Mnt Goat ...I have stated in the past that maybe in September the CBI might issue the new smaller categories if they were to follow the 2012 planned schedule. So it appears to us now they are not strictly following this plan. ...I am beginning to see that they are still moving towards an early Jan 2020 move since their accounting year begins on Jan 1st. We know they have told us through their past attempts to reinstate the dinar that this is the BEST and MOST CONVENIENT time to do so...(post 2 of 2)... I can live with that - let's hope and pray it happens by then..! RON
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.