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

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

Monday Night Opinions @ 10:48 PM CDT - 8/31/2020

Recommended Posts

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. :twothumbs: RON




*** Footforward *** ...I am fairly confident that it will happen on a would be an easy way for this to unfold...I'm asked if I have anything else in terms of timing and I don't...I don't feel like I can give a date at this point.  :confused2:


*** Jeff ***  Article:  "Away from the political file..a high-level Kurdish delegation in Baghdad".  Quote:   " discuss the proposal of the international Monetary Fund and the International Central Bank to change the budget system from 1-year budget to a 3-year budget."  ...I've been in this 11 years that's the first time in 11 years they've ever talked about that.  That pretty much has rate change written all over it...:twothumbs:



  • Thanks 3
  • Upvote 5
Link to post
Share on other sites

That pretty much has rate change written all over it...  Help me understand, Jeff, why this is so?  Every time any mention is made of Iraq's finances you assume rate change is why they are doing it.  I would like to know where the facts for this statement are.  I want it to be all about revaluing too,  but I prefer facts to daydreams.  Thanks Ron for bringing these opinions to us..

  • Like 2
  • Thanks 1
  • Upvote 1
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 
      *** Petra *** The price of oil is on the rise.  This only bodes well for all the Gulf cooperating countries, OPEC and of course it's going to impact Iraq as well because they are making money hand over fist right now with these higher oil prices.  That only drives success and strength in the currency itself.  It's all good. I'm excited...

        *** Frank26 *** When they de-peg from the American dollar they will automatically become compliant with the Swift Codes, with Article 8, which will allow them to say goodbye to the Swift Code and go into the QFS.  That is what we are looking for.  That is the definition of Article 8...

      *** MilitiaMan *** The things before us now are clearly showing a transformation. They have some many things done that have never been done before. The brass ring is  to be ready for the taking imo once they give the mechanism for the 2021 activation to pay the retro active payments...When bankers talk compliance, they are serious about it... I seriously like where we are now. By far better place than ever before from what I now see. Amazing things ahead...  
    • 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 ***..."According to the information, the salaries of employees and the region’s share in the budget law will be launched by the Federal Ministry of Finance after the Eid al-Fitr holiday."  They told us the mechanism was agreed on, and was to be dealt with immediately after Eid Al-Fitr…Lets hope they have the international mechanism ready to roll out..!! 

      *** Mnt Goat *** Article:  "China agreement with Iraq will be activated soon, while noting that the annual volume of exchange between the two countries has reached 30 billion dollars." This is very important as China needs the Iraqi oil real bad. This is a geopolitical move on China ’s part...

      *** Frank26 *** All I know is that they need to lift all of the restrictions.  They need to announce they are article 8 which is lifting all the restrictions.  This is the key to our investment.  Not the rate increase.  The international status of Article VIII to be announced.  The de-pegging of the American dollar so that then they are free.  They're liberated...!

    • 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 
      *** Petra *** They came out with some matrix that I was frankly kind of surprised. They said 99% of the citizens in Iraq now have cellphones.  That's massive.  And over 75% of them are connected to the internet.  Put that in your about digitization and being able to safely and securely transfer money both internally and externally...

      *** Kaperoni *** If the Iraqi dinar is ever going to appreciate in value it will be as the IMF says..."a predictable and gradual appreciation."...

    • 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: "Saleh assures the Saudi delegation the importance of strengthening bilateral relations and the role of Iraq in consolidating the security of the region"   This is a big deal and it looks like they have agreed on many things. Security and Stability are a couple items, as are the economy and investments... Oh, I like this... Bring on the MECHANISM!!! ~ imo. 

      *** Mnt Goat ...I can tell everyone with complete and utmost assurance that there is NOT going to be an RV anytime soon unless the CBI announces going ahead with the project to delete the zeros. They have not. I know they are planning it and working out the details but the economy and other issues, such as the move to increase the reserves are standing in the way...They...need the Iraq constitution FULLY implemented. That means HCL and the Article 140 referendum that the constitution calls for. But  not just written but passed in parliament and implemented successfully. Yes, these are the obstacles. We know that both of these referendums are in parliament being reviewed but not yet voted on.

      *** Frank26   Walkingstick and I shared with you that they have a date...and it is solid.  It's not a date that's going to jump around all over the place.  It is written in titanium.  Remember that?  So when I was talking with I-Team they said look at the 20th.  We're looking for the CBI to do's's solid...I-Team tells me almost the same exact words that Walkingstick told me almost 2 months ago.  They overlap with each other.  I told you, 'In the near proximal future.' - this date that they have that is carved in titanium.  Apparently now is immovable and solid as well too...IOO.
      *** Petra  Remember, the dinar is still at a PR (sanctioned) rate.  Even though they have been given a clear approval to move forward by the IMF/WB/UST they still are under the old rate.  And because of that, they CANNOT use the IQD to purchase goods outside of their country.  The only 'mechanism' they have currently is to trade their dinars with the banks for USD to purchase medicines, computers, Pepsi, and other good that are not manufactured in Iraq.  So, they must continue to purchase using USD until they change their rate to an internationally recognized and accepted currency...the auctions serve two purposes:  it allows for import well as drawn in more notes from the citizens.  Will this change after the bet!  But for now, this is the necessary process in order to continue international trade to provide what Iraqi's need to live.  All IMO.

    • 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  My contact in the CBI told me that late week that leading political figures along with the IMF met with the Central Bank to plan out how to conduct the project to delete the zeros. So, we know they are now considering moving ahead with the project and funding it.

      *** Petra  Article:  "The government will provide all conditions for the success of investment in Iraq"  What does that mean?  In order to have success with investment you have to have a tradable currency.  You've got to have mechanisms by which that currency can be tracked and traded internationally. i.e. BUNA.  We have the Prime Minister himself coming out and saying ALL CONDITIONS for the success of investment in Iraq.  That IMO was a huge statement...   *** Frank26  The Iraqi Stock Exchange and the Erbil Stock Exchange, oh my gosh they've been hot!  It's been going on since right around December and January...IMO all of this 'hotness' really has been propped up.  Artificial.  It's under the pretense that Iraq is about to raise the value of its currency...if they don't go International.  If they don't increase the rate of their currency, all this market activity with the ISX and ESX will just crash.  1930 has nothing on what can happen to Iraq if they don't raise the value of their currency and go Article VIII.  
      *** MilitiaMan  More interest in the dinar in relationship to the stock exchange is very heavy.  I think that's an indicator that investors around the world are getting excited and having to put money where their mouth is.  The country of Iraq knows that.

      *** Pimpy  The people in Iraq rising up going after the politician Maliki who is backed by Iran - that to me is good. The fact that oil prices are up is great.  The fact that the deficit is already taken care of this early into the year is awesome news.  Biden expending the declaration of emergency that's not good.  That sends a really bad message...there's a lot of good things going on but there's also a lot of bad. You should be aware of all of them...we are super pumped about the oil prices going up...

      ***Frank26  The rate is not waiting for anything.  It is done...just because you can't see it doesn't mean it's not occurring. But you can see the evidence of it.  Look at all the tell me that this country is not international.  Look at their banking structures...that is an international status for the banks of Iraq...  
  • Testing the Rocker Badge!

  • Live Exchange Rate

  • Create New...

Important Information

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