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
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Wednesday Afternoon Opinions @ 5:10 PM CDT - 7/29/2020


Recommended Posts

Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you.  Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what  they perceive to be happening in Iraq.  :twothumbs: RON


*** Frank26 ***    ...what did we say last week?  Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now.  And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks.  They know when to buy the Iraqi dinar.  NOW!  And they're buying it left and right.  You're seeing the proof of it...What's missing is the announcement... how is it they know?  I call it the "white papers"...what do the white papers contain A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they?  IMO yes. :drunk:

 

 

*** Ray ***   Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday.  Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.:twothumbs:

 

*** Frank26 ***  ...Iraq is International.  The sharks know it.  They are buying up billions and billions of dinars.  They're buying them up.  Not because they're psychotic or bi-polar, it's because they know...they can see 2 + 2 = 4...:drunk:


*** Mnt Goat ***   [Q? I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...?]  I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now...(Post 1 of 2)... 

*** Mnt Goat ***   [Q? Where do we stand today?] ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay  can not go on much longer...(post 2 of 2)...

 

:tiphat:

  • Like 1
  • Thanks 4
  • Upvote 2
Link to post
Share on other sites
40 minutes ago, wizard1 said:

My birthday is Aug.16 and I hope it will be a lucky day for everyone.

My big 50th is August 19th and this version of Clooney Would appreciate an RV on this monumental age accomplishment.. lol

  • Like 6
  • Upvote 2
Link to post
Share on other sites
8 hours ago, ronscarpa said:

*** Mnt Goat ***   ...First, I want to re-emphasize that we will NOT see the RV in July.


Oh Ya - Way To Step On Out There With Only One Day Left In The Month ! :o 


AncientVictoriousCapybara-size_restricte


Especially With Only 487 Failed ‘RV’ Predictions During The Previous Decade ...

 

:D  :D  :D 
 

 

Edited by DinarThug
  • Haha 11
Link to post
Share on other sites
7 hours ago, eaglefan said:

Mtn. Goat said in a prior post that there was no way this would go into 2021. Now she is saying that it may go into early 2021. So much for solid intel straight from the CBI.

A guru that has solid intel.. what an oxy moron.. is that like the phrase military intelligence? Lol

  • Haha 5
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.

Guest
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.

Loading...
  • 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 
       
       
      *** Breitling *** People can say whatever they want.  But you're sitting here watching somebody build a race car.  You ask them are you going to go racing?  Or are you building a race car?  [They answer] 'No!'  Well you have a chassis there.  You've got the biggest engine I've ever seen, 6 point harness to keep you in in case you roll, you've got roll bars.  What are you going to use it for?  Doesn't make any sense.  You have to watch what they're doing physically...They're not always going to reveal exactly what it is they're going to do because they can't because if they do say they're going to revalue and the word gets out in Iraq they [the citizens] are not going to spend their money.  It's going to cause a huge economic crisis...they're trying to prop up their own currency.  That has not changed and will not change.  And that is exactly what Iraq is doing and you can have confidence in it...

       
      *** Frank26 *** There's a new rate coming...there's no need to talk about printing the currency.  There's no need talking about the HCL. There's no need to talk about the white papers...A month ago the articles were saying they lowered the value of our currency...and it's going to stay that way for 4 years...everybody got discouraged...that's beyond stupid.  None of that is logical.  Then a little over 2 weeks we told you they were going to talk to you about the 3 zero notes and then they're going to talk to you about the 3 zero exchange rate.  For the last 2 1/2 weeks articles...are saying they lowered the exchange rate and that was a dumb thing to do and we should increase it...so where's all the negativity?  It was all garbage.  It was all rumors.
       
       
      *** Militiaman *** I think you have every right to be excited about what's going on.  I'm looking forward to seeing this final push for them to get this thing done.
       
       
      *** Frank26 *** The budget is the key.  The budget is the heartbeat of what's going on...it is absolutely erroneous to believe the 1460 rate that they have right now is going to be the permanent rate for this budget...the tell tale sign is the international world pouring into Iraq.  That's the biggest clue...article this week came out and said 'hey stop with all the rumors and negativity talk.  We can retroactive this anytime we want.'  Why would they bring that subject up?  Because that's what their intentions are.  Why would the CBI and the GOI say this?  ...we are beyond very close...


      *** Petra *** We all know the budget was passed on the 31st and now the clock is ticking and the pressure is on...the heat is getting insurmountable that the CBI has got to make their move.  With that budget passed now all we're talking about is implementation... Many of the article today they used that word implementation, to implement, implement, begin, get going, let's move!

       
      *** Mnt Goat *** I am now being told by my CBI contact that they are moving ahead aggressively with the RV and will replace the older larger 3 zero notes very soon. This means to us RV time!  ...Let’s all hang on to our hats. This is going to be a very interesting month ahead. We could end up rich at the end of the ride.


      *** Kaperoni *** For those interested, over the weekend after being signed off by the Iraqi president the Gazette posted the 2021 budget despite objections from several political blocks. [Reposted]
       
       

    • 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 
       


      *** Breitling *** Let's do a thought experiment.  Let's say you live in Iraq and you have a certain amount of currency.  They are not going to gain like you and I are.  Because we bought with U.S. dollars. That means we bought it at a tenth of a penny.  Well their economy is set up at a tenth of a penny.  In other words they didn't pay anything.  The currency was just given to them.  If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over.  Now it's just a dollar.  So now you have the currency that's a dollar and a coke that has the price tag that's a dollar...There's going to be a little bit of gain for them but not like you and I are going to get because we bought with the U.S. dollar.  That's a principle you have to understand.
       
       
      *** Pimpy *** There's obviously a lot of pressure to have the rate change take place in Iraq and it's coming from all angles.  Having said that, these reforms are doing exactly what they were supposed to do - help get Iraq back on their feet.  I know they were talking it's going to take three to five year.  I'm not seeing that.  They're actually moving at a much faster pace...


      *** Mnt Goat *** Article:"MEANING OF CURRENCY REVALUATION AND WHAT WILL HAPPEN IF IRAQ TAKES THIS PATH" Quote: "The act of altering the value of a nation’s currency relative to other currencies is typically influenced by market pressures. The pressure is now." The pressure is not going to end until the CBI completes the project to delete the zeros and the revaluation of the dinar against the dollar.


      *** Kaperoni *** ...we have spent the last eight plus years telling members the truth of how or if the dinar can ever appreciate in value. It's based on sound principles and the economic success of Iraq. There is no magic wand or overnight RV. There is no significant overnight RV, it's not how monetary policy works.

       
      *** Pimpy *** Obviously the more they grow the private sector the better the economy rebounds.  It it strengthen the currency...building up your foreign reserves assets helps the currency.  The GDP of your economy helps grow the currency.  We won't necessarily need to have some RI or RV called out.  There could be other things that happen that affect the value...that does not mean there won't be an RI or RV called.  That still might happen but there are other things we can be focused on that help our situation...
       
       
      *** Breitling *** What if somebody out there put an article out and says, 'hey we're going to revalue next month.'  What do you think the population in Iraq is going to do?  Do you think they go out and spend the dinars that they have?  No!  They'll squirrel it away.  It would literally shut their economy down.  That's why I tell people you're not going to find a magical article coming out of Iraq saying we're going to revalue in a month or two months or a week...Iraq is not telling everybody we're going to add a ton of value to this - it would ruin the supply times velocity of the Iraqi dinar.
       
       
      That's all for today Folks ... 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 
       
       
      *** Pimpy *** One of the articles says that Al-Kazemi is going to appeal the 2021 budget.  What that has done is started all kinds of rumors in our nifty little arena of the Iraqi dinar.  People are like 'oh yeah they're going to change the rate again.'  Guys we don't know what they're going to do okay.  Is it possible?  Of course.  Anything is possible.  First things first...he wants to put in some amendments.  Nobody knows what those amendment are...people are saying that in there is going to be the rate change.  There's no proof of that anywhere.  Does that mean it won't happen?   No.  Does that mean it will happen?   NO.  That's the point.   We won't know until they do it...changes are coming.  We'll see what they are shortly.

        *** Mnt Goat *** We all need to relax and let this play out in Iraq. All the conversations now are about implementing the financial reforms, as listed in the “White Paper”.  ...We know that the White Paper states that the project to delete the zeros will be completed. So, it’s now on the radar, its documented and they can’t avoid it much longer. Oh… we know the budget is passed and ratified. We are just waiting for the publishing in the gazette. But will we get the RV once it’s in the gazette...No one knows for sure but I will say the IMF does want Iraq to get its act together and follow a budgetary process. It is now done. But the CBI has said noting about an RV anytime soon. Is this just a coverup for what they might do? ...So far the CBI is not advertising any rate change in the next 2 years. Yes, two years. Will it take that long?   *** Frank26 *** They will float it [the dinar].  And the reason why is because internally they have fixed it [fixed rate] and they will float it internationally...that float equals a middle eastern basket that the Iraqi dinar will be in there with the American dollar 1 to 1 and all of these other countries that are around the Middle East they're gonna pour into that basket...maybe 6,7,8 different countries...those other counties will also be 1 to 1 with the American dollar.   
    • 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 
       
       
      *** Pimpy *** Article: "Al-Kazemi:  We have succeeded in stopping the waste and the great corruption in the Central Bank auction, and we will not stop" ...he seems to be doing what it takes to clean up Iraq and to get them back on their feet where they belong.  They are a rich country...unfortunately the corruption is so bad and people are so greedy...these are the types of things [Cleaning up corruption] I like.  It's a great reflection on the country when it comes to the international people...this is good.  We want to see the corruption being taken care of.


      *** Mnt Goat *** Article: "MEANING OF CURRENCY REVALUATION AND WHAT WILL HAPPEN IF IRAQ TAKES THIS PATH" Quote: "The act of altering the value of a nation’s currency relative to other currencies is typically influenced by market pressures. The pressure is now."   The pressure is not going to end until the CBI completes the project to delete the zeros and the revaluation of the dinar against the dollar.
       
       

    • 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 *** (When the value increase occurs) I personally am going to a bank to cash out my dinar. I would be a little wary personally of anywhere saying that there is no tax. For one the tax has not been determined yet on this exchange...I think people are so caught up in the highest rate or no tax that they lose perspective of the big picture. [I have never paid tax on converting usd to Canadian or Canadian to usd but that was under $200.]  This is very different.  It would be awesome to pay no tax...But this isn't just a currency exchange in the traditional sense... (Consult your Tax professional at the appropriate time.).. 

       
      *** Walkingstick *** They're going to keep a tight band and watch the cap.  The reason why is because supply and demand is going to shoot the Iraqi dinar into a crazy situation.  Phase 3: Flotation is actually...a Middle East basket...in order for them to tell you the next step is flotation [it means] Step 1 and Step 2 are already done.  You just have to wait for them to show you and tell you. See previous daily posts for the 3 steps explained.
       
       

  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

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