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
  • 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
       
       
      *** Mnt Goat *** Article: "OIL REVIEWS THE FINAL VERSION OF THE DRAFT FEDERAL OIL AND GAS LAW '" ...every time Iraq gets close to a revaluation the oil and gas and the article 140 laws comes up in the news. They talk about completing it and how close they are to passing it as law. Coincidence? I don’t think so. ...they need to fully address their new constitution before they can reinstate their currency back to normalcy. They need referendums passed in parliament on both of these constitutional directives prior to going global. Sure, they can set up all the mechanisms to do so over the years, as this takes years. But in parallel to this effort, they must also get these two laws in place.

       
      *** Jeff ***...Iraq becoming international, Article 140, HCL, the reconstruction reforms - all that is hinged upon the physical rate changing.  Once the rate changes they become international and then all those secondary dominoes will fall right into place...

       
      *** Frank26 *** [Question: Do I need a receipt to go in to exchange my dinars? ...I lost my receipt so I'm afraid to go to a bank without my receipt. Maybe they'll think I stole it. Maybe they'll question me. Maybe they'll ask who bought this - Who does it belong to?  I'm worried about it.]  No...just my option...You're going to walk into a bank and you're going to present your dinars or you're going to have a representative do that for you.  The bank is in the business of exchanging that currency so they can make a profit off of you...They also want to keep you as a customer because once you exchange they want you to keep that money in their bank.  The bank has no interest in who bought that dinar...The bank is only there to exchange it and to follow through with their banking services.  So when do you need your receipt?  IMO you need it for your taxes...if you're ever audited... [Note:  Consult your financial advisors at the appropriate time]
       
       
      Good Night Everyone - that's all for today ... Blessings - RON
    • 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 *** They will not be going into a market economy with a devalued currency at 1460... The new exchange rate will need to be applied...   One that is the strongest in the region will do it... imo... Setting a new exchange rate is exactly right. It is part of the plan! Has been for years, and it is sure welcomed now...

       
      *** Frank26 *** Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th item?  Chapter 7 of the UN security council.  What is it?  Handcuffs on their currency...can you say free as a bird?  Can you say Iraq is about to legally raise the value of their currency under the IMF/World Bank regulations so they can attend to their obligations not only internally but externally internationally?  Quote:   "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions."  That's article VIII.  That's raising the value of their currency... this is huge.  This is monstrous.  This is article VIII carved in titanium.  Free as a bird to do what they want to do.  You think they want to stay at a program rate?  No...

       
      *** Breitling *** [Question: If they increase their rate after paying down their debt with this [December 20, 2020] devaluation do you see a dramatic increase quick or slow increase?]  There's no way to tell right now.  The markets change.  Everything changes so quick.
       
       

    • 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
       
       
      *** Mnt Goat*** Article: "LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS" Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need now to set standards of how they will exchange these not so good notes. After all this was part of the point of devaluing the dinar in the first place. They needed to get the people to realize that the US dollar is worth more than the dinar and so turn in the dinar for US dollars. They needed to really shake them up. The longer they hold on to the 1450 rate the more dinar stashes will come forward...

       
      *** Frank26 *** Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month."  Not anymore.  We stopped the auctions and we got Iraq a little bit under control.  Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era."  This translation ugh!  But you understand don't you.  To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
       
       
      *** Jeff *** Since the start of the week Iraq has been finally putting an emphasis on their exchange rate. Article: "The Minister of Finance announces measures to support the effects of changing the exchange...and discusses the White Paper procedures"  ...they're really now putting an emphasis on the exchange rate and moving it in the correct direction - raising the dinar against the dollar not the dollar against the dinar...everything is coming together right before us...we're in a great position.  We just have to sit back, stay patient with it and let it happen...
       

      *** Mnt Goat *** ...they are once again moving ahead with the oil and gas and then the article 140 laws. These laws need to be legislated in parliament in the form of laws and then passed into laws.   In 2011 the CBI told me that there was a mandate by the US and UK for Iraq to have a fully implemented constitution prior to reinstatement of their dinar thus getting out of the US Treasury OFAC sanctions completely... have they?

       
      *** Jeff *** One of the things we've guesstimated in this is that They would most likely change the rate specifically over a holiday...here's the next holiday in Iraq - Sunday March 21, 2021.
       
       

    • 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 *** Article: "The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure."  Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday was on purpose or was it? ...Apparently that has never happened before...(post 1 of 2).. 
       
       
      *** MilitiaMan *** My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming...Kinda like, hey world we are resetting the system, rebooting...Then we resume like nothing happened, until x date which may be within a very short predetermined window with a new adjustment made... everyone would have had to have been given equal notice, and once the adjustment is made, a level playing field is set in motion and all are on equal footings...So did the FED test the system live in real time to see how it would work out? Then if successful, notice has been given, then game on?...(post 2 of 2).. 
       

    • 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
       
       
      *** Jeff *** The news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil.  They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change.  They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth."  This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget. 


      *** Frank26 *** Federal Reserves - have you ever been closed before?  I didn't think so.  This is historical.  This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing.  What this is is a collaboration...international understandings...(post 1 of 2).. 

      *** Frank26 *** If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform.  Why?  Because what are they pegged to? ... The U.S. Dollar...(post 2 of 2).. 
       
       

       
  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

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