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Monday Evening Guru Opinions @ 9:55 PM CST - 12/09/2019

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12-9-2019   Newshound Guru Kaperoni   The only way we're going to see an increase in the value of the dinar is to see laws passed to support a private sector and significant investment in the rebuilding of Iraq. Only then will we see the dinar begin to rise.

12-9-2019   Newshound Guru Jeff  Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government"  From what we learned over the weekend.  Mahdi and his cabinet will stay in place until the end of December.  Now the news is telling us the political blocks have reached an agreement on a new PM candidate.  That's great news.  So what the the news is showing us is there most likely will not be a lapse in the PM.  It will just be out with the old in with the new.  Just a seamless transition from old PM to new PM.  And that's great news for us. 

12-9-2019   Newshound/Intel Guru RVAlready  ...the CBI is getting the RV released, the UN knows it is a priority, and nothing else will have any effect in delaying the RV...Protestors are demanding the RV. It is not going to be delayed for anything else. 



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    • By ronscarpa
      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're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** MilitiaMan  Article:  "KRG FINANCE AND ECONOMY RUNS FIRST CURRENCY EXCHANGE"   Quotes:  "After announcing plans to do so earlier this month, the Kurdistan Regional Government’s (KRG) Finance and Economy Ministry ran a currency exchange on Wednesday (September 23) in Erbil city."; "$35 million ($41.9 billion Iraqi dinars) was exchanged.";  "On September 19, the ministry said it would exert greater control over the exchange of US dollars and Iraqi dinars in the Kurdistan Region, taking over responsibility for currency auctions from the Central Bank of Iraq."     A change in pattern... Very good find...Nice to see the change, we know that for the next part of the reforms will require them to do this. The fees and taxation being strictly monitored, sounds like the new system is in place now.

      *** Mnt Goat  Article:  "GOVERNOR OF THE CENTRAL BANK OF IRAQ: DEVELOPING A DELIBERATE BANKING PLAN TO STRENGTHEN THE NATIONAL CURRENCY"   I need everyone to pay attention to what the new governor Al-Kitab is saying in this article. He did NOT say he was going to delete the least not yet. However...another article from an economist also taking about the currency and he does talk about the project to delete the zeros. Yehhhhh! What does this all mean? This all means they are discussing the possibility and Al-Kitab may in fact also be considering it. This is the important part of today’s news about the currency in that finally once again they are talking about and discussing the timing of the project to delete the zeros. Why else would the economist just come out with a discussion on this topic...Why else would al-Kitab have this conversation? So we can be assured this is FACTUAL and they are planning to do something soon.

      *** Pimpy  Article: "With documents and names...Nouri al-Maliki's gangs control Iraq's banks and plunder currency auctions to finance Iran and Hezbollah"  Whoever did this investigation they laid it out in extreme detail about what these guys did.  They used the Central Bank of Iraq and the public currency auctions to funnel money through organizations and to fund money over to Iran...they plundered billions of dinars from these guys and it tells you in step-by-step how it was done...again this is Al-Kazemi putting the beat-down on making sure the corruption is being dealt with...where they go with Maliki is going to be very interesting...Al-Kazemi is the man.  He is definitely getting stuff accomplished.  It's awesome.

    • By ronscarpa
      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're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** Footforward   [Q? : what’s your thoughts on Iraq’s 2020 budget? They keep delaying the vote for it and are trying to add stuff to it.]  I'm not watching the budget honestly. People have believed the budget will bring the RV. I don't care about their budget. Without an rv, it doesn't matter.  I'm still watching Iran and Iran's influence being erraticated in iraq.

      *** Pimpy   ...remember...even if they did a rate change right now over here in America it'd be really hard to exchange your currency.  There are some restrictions on the currency...Article:  "Iraq announces its exit from the list of "high risk" countries and an increase in its oil exports"  Quote:  "The Ministry of Foreign Affairs announces that it has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by the U.N Security Council resolution 1518 which classifies Iraq as a high-risk country seeking to lift a ban on the rest of the entities."  Yay! Come on Iraq!  That means they're doing good.  We're almost there...Yeah, go ahead you can do the pee-pee dance...we're not out of the wood-works yet but we're still working on it...Iraq is being allowed to open more and more to the international community.  This is good news.  Very excited about this.  This is what we were hoping to see...

      *** Mnt Goat  Looking at the Iraq Central Bank (CBI) we can see a miracle finally we have that new director under the al-Kazemi administration. But what are the views and plans of this new CBI director? Will he work towards the currency reforms we look for? The answer is YES and he has come right and told us. So be patient and look towards January of 2021 for these reforms to take place. Could we see the RV earlier?  Yes, we could but I doubt it. The CBI would have to make some announcements very soon about the project to delete the zeros and are just not talking specific enough about it, as they have in the past. Remember too they will have to re-educate the citizens on this process and this too will take time. They have to also get out of OFAC sanctions with the US and Europe and so they have goals to accomplish prior. So, these next 3 months are critical for us and our investment. The momentum is moving forward but, as usual Maliki and Ameri are already conspiring a plot of chaos to bring down Al-Kazemi.

      *** Kaperoni  ...the term "program rate."...came from an IMF Stand By Agreement with Iraq to maintain exchange rate stability and has nothing to do with a RV.  

      *** Footforward   [Q? : has anything like this happened before in the dinar RV world? A Iraqi bank travelers check routed to a bank in New York?...]  not that I'm aware of. People will use this to say the RV has happened in country. It hasn't but this is a good sign.

      *** Frank26 & Walkingstick   The white papers IOO...contain the HCL, the new exchange rate for the Iraqi dinar, the date when they will release it.  It also contains the the agreement, the process, the execution of the "Cancel Currency Auction Agreement" that was agreed upon at these meetings.  Isn't this wonderful?  Right about now you should be saying Wow!  The speed of things happening is in God speed.  It's just amazing how fast this is unfolding.  All of this is just so quickly.  Right after Donald Trump talked with Kazemi in D.C. and quickly returned back home... 

      *** MilitiaMan  Article:  "Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks"  Once they bring or add Purchase Power to the new small category notes, the liquidity will begin to absorb those large amounts of notes. The sooner the better too...imo.  
      That's it for today everyone ... Blessings ... RON
    • By ronscarpa
      Good Evening Dinar Vets, here's an opinion & comment 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
      *** Frank26  ...the new Central Bank Governor of Iraq, he's not waiting any time is he?  He is direct implementation.  There is no delay.  It's also very interesting how much of a hurry this new governor of the CBI is in.  As much of a hurry as Kazemi.  Kazemi gave the new CBI governor Mustafa the authority of the white papers...

      *** Adam Montana    First, the normal stuff...OIL - nothing crazy, just the normal expected good stuff. Stable and steady upward trend.  Budget - This may not seem like a big deal, but...submitting it, then withdrawing it, then returning it, then stating "we need 3 weeks to approve it"...there is some number-crunching, pencil whipping, fiat manipulation going on in the background. By itself, that news would raise some eyebrows, but let's hop right into the stuff that does more than raise eyebrows:  In particular, this part:..(post 1 of 3)... 

       *** Adam Montana   "Deputy Haybat Al-Halbousi indicated that the committee had opened the cabinet to send oil and energy bills,  including the oil and gas law." ... in case you missed that:  "including the oil and gas law".  If I had the ability to make fireworks...jump off of your screen right now, I would consider it - that's how big this kind of news is!  If it seems like "all Adam talks about anymore is HCL", that's because things are so smooth and streamlined in Iraq right now... HCL is all we need at this point.  HCL is oil and gas law.  That's it.  That's all, end of story, all she wrote, finito...done...(post 2 of 3.)... 

      *** Adam Montana   Our man Kazzammie is hands down the best thing to ever happen to this situation. Not because he's a messiah or anything crazy like that - the man has just done so much it's almost unbelievable.  Prior to him taking the position, Iraq was torn and confused by riots, revolts, and failure. That short period of time came after much incredible progress, including getting out of Chapter 7 and booting Maliki. There was a time (not too long ago) when it looked like one of the previous Prime Ministers would make some progress, but we have never seen this much HCL action.  Ever. I'm excited... Go Iraq, Go Dinar...GO RRRRVVVVV!!!  ...(post 3 of 3)...
      Adam's Posts were taken from another site that follows his Opinions, and posts snippets from them. His full chat can be found at: Adam Montana Weekly 23 September 2020

      *** Kaperoni  More good news today from the central bank of Iraq as the new governor makes changes in policy. Efforts seem to be improving as prime minister Kazemi goes after corruption.  
      *** Mark  The news I am getting out of Iraq is they are hoping to have a budget vote on Thursday...even though all the news is saying they still need 3 weeks.  [For the first time in IRAQ you can exchange Dinar with Dollar between your accounts.]  Yes – they are making it seamless in preparation for the new banking system. This is big news. Much concern in the world that Iraq is running out of dollars as this thing has drug on…yes they are running into a budget crisis.  My last update was they are pushing to have a vote by Thursday of this week for a budget with value. Otherwise they cannot pay this months salaries, government, pensions and all those good things…there is a serious push going on in Iraq right now.

      *** Jeff   Article:  "A member of the Financial Committee, Ahmed Hama Rashid said on Tuesday that the 2020 budget needs 3 weeks to vote on it."  Quote:  "Parliament have not yet seen the numbers in the budget."  Parliament have not seen the freaking numbers in the budget! ...They're hiding the numbers from us, from the public news and from parliament because it's calculated in the billions of dinar and it's linked to the rate change.  It's calculated off the rate change.  Doesn't have a rate in it but its figures are calculated off the rate.  That's why they're freaking hiding it...we look amazing...

      *** MilitiaMan   Article:  "In the first decision...the new central bank governor settles a controversial matter"   Wow, this is telling me that they have every intention to raise the value of the currency. The importance is straight forward and addressed. It is my understanding...we know they have been printing small notes (possibly coins) in 2018 and more recently in 2019 and 2020...They had issue with Alak's name on of the categories. Imo The new CBI GOV has been around along time and would have known about all of this, thereby, imo they have that issue under control and we are about to see a big change and much improvement to the management of the new currency...WOW  This article about the smalls is awesome. It sure shows us they have an incredible intention to use the smalls...That is a good thing...
      *** Mark  ...there is a tremendous amount of dis-information released right now. They have done this in the past when they have done a revaluation or a reset…the most recent example we have is Kuwait . The morning of the revaluation they had a big article in the paper on how it was going to be years before they RVed….then BAM…later that day they had the revaluation. Before that was China . 3 days before they did a revaluation they released stories in the papers- domestic and international that they were not prepared for it yet…and then boom…so look for that smoke...we are seeing a tremendous amount of smoke right now.

      *** Pimpy  This is a pretty big time for us.  It's close to the end of the month.  Remember the reform papers are supposed to be submitted by the end of this month.  The 2020 budget was supposed to have already been voted on.  The 2021 budget is coming.  Now the anticipation is that we are going to hear something about the Iraqi dinar rate in the reform papers.  There's no guarantee.  We just know that it's going to be discussed...we know the Minister of Finance has said in the reform papers there is discussions about the Iraqi rate and what that might be...

    • By ronscarpa
      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're simply stating their opinions based on what  they perceive to be happening in Iraq. 
      *** Frank26  Things are happening so fast it's hard to keep up with them...he's [Kazemi] arresting them by the 1,000s...the moment Kazemi landed [From August 20th meetings with Trump] he started arresting everybody left and right.  If he could arrest his grandmother he would if she broke the law...they're fleeing.  Just as Maliki.  He went to Iran.  That was a big mistake...

      *** Mnt Goat   There is nothing but very good news and Iraq is now on a good path to appreciate their own true sovereignty from other Arab countries especially Iran.  ...Al-Kazemi is amazing as they are rounding up corrupt individuals. By the news we can see that Nori Al-Maliki and Ameri are next. They will not escape this and there will never be peace in Iraq unless Iraq is finally cleansed of them.

      *** Footforward   [...can you clarify for us... did Parliament get the 2020 budget and do its first read or not?...]  For the record I believe they do two budgets. One with a new rate and one with the current rate. I'm not sure if they have done the first reading or not...I don't think it's that important to the RV.  I think they may pass this budget, have an old rate, and the revalue and pass a new budget...

      *** Pimpy   ...People are like, 'Weren't we told that on September 15th the rate will happen?' I was like yeah, I know. 'Weren't we told that on the 18th the rate change is gonna happen?' Yeah I know. 'Weren't we told on the 2020 budget we would see a rate change?' Yeah I know.  I didn't tell you guys that.  Other people did.  See this is why I try to avoid the dates and the rates because it's all speculation...what did I say?  Do not get excited even if it's good news and don't get down if it's bad news...I try to bring an educated perspective.  We take a look at the evidence.  Get an idea of when it might happen.  But the truth is nobody knows...there's nothing wrong with listening to other people's information ...that's what I encourage you guys to do.  But be very careful when they make some very over promising predictions... 

      *** Delta  ...we are all waiting for the CBI.  It looks like the new governor he's really doing an excellent job.  It looks like he's in a hurry to accomplish the stuff that we are all waiting for...they had an emergency meeting on Saturday...with the Board of Directors of the Central Bank of Iraq...there is more confirmation they're going forward.  They adopted the banking reform.  IOO they are going to bring us to the rate...he's moving forward with the reforms. 

      *** BobTheTaxMan ...Based on my view of where we're at and what's happening all over the place it seems like everything is moving forward.  And right now rocket speed...

    • By ronscarpa
      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're simply stating their opinions based on what  they perceive to be happening in Iraq. 
      *** Frank26 *** ...what Donald Trump did in the Middle East is for your investment.  A lot of people said, 'Wow, that Frank is really stretching it.  That's stupid.  Really?  The Middle East Peace Accord?  That's for the Iraqi dinar?'  Yeah.  Remember when [community member Bluestar] asked Shabbibi in Washington D.C 'When are you going to do it?  When are you going to lift the value of the currency?'  And what did Shabbibi say?  When we have security and stability.  Well guess what we have - security and stability because of the Peace Accords.  All the middle eastern countries are going ballistic right now.  All the middle eastern countries are happy with the Untied States of America.  They are all onboard with the basket.  They are onboard with the accords...
      *** Breitling ***  Question: "How do you see Trump's Middle East Peace Accord affecting the dinar?"  It means everything...our solution is economic.

      *** MilitiaMan *** Article:  "The financial sector is required to support the energy sector"   More evidence supporting the view that a new system is coming to Iraq and E-Finance, E - Government will be hand and glove going forward. This too, supports the movement of money is to be from [front ?] and center. Not 3 months from now. Just like Barzani said today. We have verification from Kahdimi and we are ready for investors and the public sector! That is now.. Not in 2021 imo.

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