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

Recommended Posts

8-31-2018   Newshound Guru Adam Montana   [...tell me what do you really think the value will be once this is RV... I've been a long time supporter of a .10 RV.

8-31-2018   Intel Gurus Frank26 and Delta   Iraq new 500-dinar note with Kurdish confirmed.  [SO WHY CBI IS GOING TO INTRODUCE MORE 500...IF ALREADY DID A LOT OF THEM ON 2016.] CAUSE THE NEWER ONES HAVE THE SECURITY FEATURES ON THEM VERSES THE OLD ONES AND...TO TRACK EVERY DINAR IN THE WORLD.  (big grin) 

8-31-2018   Newshound Guru Don961   Article: "Advisor To The Prime Minister For Finance To Imn: Iraq's Financial Coffers Increased To $ 58 Billion"   Quote:  "monetary policy more transparent than fiscal policy," noting that "the economy's economy created a convergence between the financial and monetary policies." Hmmm...converging of financial and monetary policies hey Mr. Saleh...what are you trying to tell converging exchange rates next?

8-31-2018   Newshound Guru MilitiaMan   Quote:  "...We welcome the existence of any cooperation between us and neighboring countries in the field of local currencies..." fact it is a kind gesture to be so considerate at this juncture, as to almost tip his hand on what is effectively going to happen in the short term. If there were not a need to mention currencies, why do so? He wouldn't, he would if there is an all likelihood a big change or differential in currencies to come and soon, that is why.. Imo.. 

8-31-2018   Newshound Guru Adam Montana  [When the elections will be really over? And the new PM will be announce? They are dragging and dragging the process. Actually, they are moving faster than they have in previous situations. I'm optimistic over their constant improvements in their political processes - it would have been nice to cash in already, but it would not be nice to have them not making improvements.  Patience and a little bit of faith... sometimes both come in handy.

8-31-2018   Newshound Guru Don961   Article: "Dagher: $ 58.7 billion in Iraq's hard currency reserves and 89 tons of gold"   Quote:   "...And the deletion of the three zeros of the Iraqi currency, he replied Dagher that "this issue purely technical and has nothing to do with the rise or fall of prices, and we are in the form of coins in our future projects, although it is high cost, but it is longer in circulation..."  cool...telling the citizens and the world , deleting the 3 zeroes ain't no thang...doesn't reduce purchasing power or cause inflation in market prices...merely a technicality just replacing the big notes with more manageable numbers to use in the marketplace...and adding coins ...even though they cost more to mint...they will last longer in circulation...imo.

8-31-2018   Intel Guru Bruce   [via Pinkroses]   ...what is going on in Iraq...there is a super freighter...full of goods from China...They are waiting for the Bill of conjunction of payment coming from newly revalued new Iraqi dinar at midnight...Friday night.   The other thing we are hearing that the new Qi cards have been issued throughout the citizens of Iraq.  Those will be activated on Tuesday. They will be available to be utilized and paid the oil revenues that are paid to the citizens, a certain percentage. I believe those payments will be available after those cards are activated which will be September 5th, Wednesday.  ...The 1st is...Saturday and we are hearing we supposed to wrap this thing up at the end of the month which is tomorrow [Friday]. It is still quite possible that will happen... there is an off chance, possibility that we could get started over the weekend. We are right down to the wire.

8-31-2018   Newshound/Intel Guru BGG   Where are we with this investment?  ...Here are some thoughts on the current situation... So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”.   A basic definition of currency?  It is a promissory note on the underlying economy of the country. I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking. How is this formation coming along? There are now two main groups competing for the chance to form the next GOI…

  • Thanks 1
  • Upvote 2
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Similar Content

    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** Footforward *** ...I don't think Trump has to be in office. I think it would be better if he was in office. I believe Trump and Kushner have fixed things so that the RV can happen... 

      *** Jeff *** ...they actually launched the reforms on December 20th when they devalued the currency...that was a preparation step for the rate change.  That's them confirming to you they're preparing to change the was a tool being used to reduce the 3 zero note count in country...We are in a great spot.  We're in the best position ever...I've been telling you that January through March was the season for the rate change.  Iraq confirmed that when they implemented the reforms...

    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** MilitiaMan *** The HCL is ready to be voted on next week. 0 cash sales in the Auctions. 2021 Budget to be voted on next week as well.  The timing of these things is by no coincidence. It is to be show time.. imo. I highly doubt they came this far to go into a private or market economy at less than a program rate of 1460.. SDR is still $1.44 real close.. imo ~ Things looks very good.

      *** Mnt Goat *** Article: "IRAQ: CLOSING DOWN THE GREEN ZONE AFTER TWO SUICIDE BOMBINGS"    “security breaches"...This is the deep state and they will use Iran as their scape goat. Do you see they are creating FEAR again just when things were settling down and moving ahead once again. They will continue with these events until they get what they want or they are found out and shut down. This is how the deep state works..

    • By ronscarpa
      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** Walkingstick and Frank26  They finished.  They found the sweet spot.  They collected enough of the three zeros.  We believe over 40 trillion extra.  They are very happy with what they have as far as their numbers - the counts of the notes...we sense a rush to this process...they'll meet this coming Saturday.  They're putting together the poster-boards to show to the citizens...This coming Saturday they are making their final decisions...          

      *** Bruce   We were under the impression that Iraq had read their budget...our understanding is they did read the budget 3 times ...We did not get confirmed whether that made it into the “official” record or it may have made it into the official record and just held back so we did not see it - because if we had seen it  - it would release the actual value of the Iraqi Dinar ... it looks like the budget was passed – it looks like they might have a new rate...

      *** Mnt Goat  Article: "AFTER THE ECONOMIC CONSEQUENCES...THE DEVALUATION OF THE DINAR "PREPARES" FOR NEW PROBLEMS FOR THE IRAQIS"  Quote: "IT FORMED A NEGATIVE IMPRESSION ON THE INVESTMENT SECTOR, so that IRAQ HAS BECOME A REPELLENT ENVIRONMENT FOR FOREIGN INVESTMENT." ...this article tells me they must raise the rate of the dinar against the dollar very soon or they will never rebuild their economy. We know the main reason they did this was to pay off their outstanding debt...

      *** Adam Montana  We have some optimism on the Budget side, namely: Articles: "Barzani's party affirms guaranteeing Kurdistan's share of the budget: "No obstacles" so far"; "Parliamentary Finance: The budget will be ready next week"   If the Kurds weren't happy with their share, there would be a problem with HCL.  This says the opposite - all in agreement, ready to go next week, and that says to me:  Let's go HCL! ...GO RRRRVVVVV..!!!  Taken from another site that follows Adam and posts snippets from his chats. See Adam's full chat on our DV Chat Logs forum at: Adam Montana Weekly 20 January 2021

      *** Mnt Goat   ...they already told us in many previous articles that they have already collected substantial amounts of the currency and that electronic banking is now effective in every major city. We also know that limited amounts of the newer lower denominations are in fact already printed. not give up on the reinstatement of the Iraqi dinar. It will be reinstated when the corruption both in Iraq and in the US is dealt with and things settle down...

      *** Walkingstick and Frank26   IOO they are finished with the tally.  They are finished collecting the 3 zeros and they are happy with the results.  The CBI is very pleased with the note count...this Saturday coming up they will continue to meet...It is our opinion that they are now going to talk about the new small category notes [NSCNs]...the topics they're covering are - how they are going to present it to the public.  Which ones because they may not come out with all the categories/denominations at the beginning.  The value.  In other words the exchange rate.  The note count that is to be distributed - how much are we going to be putting out into the streets.  They will continue the distribution of these notes even as they bring in the 3 zero notes before, during and after this whole process.  There seems to be a mad rush to do this.  We believe they brought in another 40 Trillion 3 zero notes.  
      *** Frank26    the budget itself is about to come out.  Now, if they come out with the budget, it's exposed.  It goes into the gazette and everyone will be able to see what the rate is...the exchange rate is not waiting on the budget.  The budget is waiting on the exchange rate and now we see the budget ready to be released for the 3rd reading.
      That's all for today folks ... Blessings ... RON
    • By ronscarpa
      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** MilitiaMan *** They want to Track...The Money...And the supplies...And the corruption.  Level playing field...the private sector is what they are talking about...businesses from all over the place.  To get the private sector they need an internationally accepted traded currency.  They have to have article 8 compliance.  They have to raise the value of their currency.  And that is what they are talking about...

      That's all for tonight folks ... Blessings ... RON
    • By ronscarpa
      Good Afternoon DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** MilitiaMan *** It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move.  The devaluation created more inflation.  Pricing has gone up 30 to 50%.  That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year?  My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that.  What's more likely is that they change the rate again in early 2021...   *** Footforward *** Right now there isn't a ton of RV info to talk about. Iraq is basically going in circles and I suspect they will keep doing so until Iran is delt with...They aren't holding because of Iran...But there is something that needs to be broken with Iran.  
  • Testing the Rocker Badge!

  • Live Exchange Rate

  • Create New...

Important Information

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