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Monday Night Opinions @ 9:45 PM CDT - 7/25/2021


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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 



** Breitling  Question: "Do the high oil prices help or hinder  the revaluation Iraq was pressured when oil prices down.  They were being pressured and right now that pressure is not there but that hasn't stopped them at all.  


** Pimpy  I can't promise there's going to be an RI or RV because nobody out there knows.  That is the honest to God truth...Is it possible?  Of course it is.  Has it happened before in history More than don't have to watch for some magical announcement.   We can pay attention to what's going on in the country, in their economy, in their stability...their commodities...geopolitics in the area...all contribute to the value of their currency..(post 1 of 2).. 

** Pimpy  We all want to wake up one day and hear...they just announced it - We're gonna do 3 American dollars for one dinar.  Will that happen Yes it's possible.  I'm not saying it's not...the United Nations/the United Security Council have all said the same thing - that when the value of the dinar was devalued it was at a rate of 3+ dollars.  That's every 1 Iraqi dinar you exchanged you got 3 American dollars.  And they said there's no reason for it not to go back to that rate... if I didn't have faith in it I wouldn't own it..(post 2 of 2).. 


** Holly   Kazemi is to meet in Washington DC today. It is to be an announcement that they are part of the WTO (world trade organization). The USA is sponsoring them in. They need a rate change and an international currency…. Something big should be coming...We all hope..!


** Frank26  The Minister of Finance and the Minister of Planning and Saleh...they know.  The citizens know.  The international community knows - that a change is coming to both of these things - their currency and their exchange rate...


** Mnt Goa  ...the Finance Committee is telling us that the CBI plans to keep the rate of the dinar as it is until the end of the fiscal year which ends in December not October. Just because they want to have the next years budget completed and in parliament by October does not mean the fiscal year ends in October...So here we are once again with watching for the January 2022 release of the we wait to see what happens. Remember this is the move opportune time to release the reinstatement. Can they get their act together by then? 




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Well, it is Friday 4 days after the meeting Kazemi , had in the White House, with the moron,  that  is squatting in there! I have not seen any announcement of Iraq  joining the WTO! Maybe I have had my eyes closed are something! This should have been something the lame stream media would have picked up on. Nobody knows what went on in that meeting. Even that knothead that was sitting right next to Kazemi in the press conference held after the meeting doesn’t know. JMHO!🤠

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    • 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 
      *** Frank26  [Q? : What if they show you the new 'samples' [of the new small category  notes]?] will be inches away from what you want. 

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      *** Desert Advisor  10% of the world's phosphate in Iraq.  Huge amounts of it.  But it just came out a few days ago Article:  "7 billion weighted tons and 2 billion confirmed...Phosphate rocks in Western Iraq are waiting investment"  Quote:  "The total resources of the Iraqi deposits are estimated at 9.5 billion metric tons."  How much is 1 metric ton worth?  "$245 to $388 for a metric ton. Let's do some math, if it's around $300 for a metric ton an Iraq has 9 billion of're telling me Iraq has 2 quadrillion dollars worth of phosphate in the ground?  That's pretty's now being attracted for investors.  Come mine it.  Come get it out of the ground y'all..!

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    • 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 

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    • By ronscarpa
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    • 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 
      ** Frank26  Article: "Al-Amiri promises the "Lord of the Land" a promising plan and pledges to end the "occupation of the dinar"  Quote: "the plan includes the development of the industrial and banking sectors, accompanied by the practical sovereignty of the national product," pledging to "end the external occupation of the Iraqi dinar by certain and specific countries." THE NATIONAL PRODUCT ...  IS THE NATION’S CURRENCY 

      ** BobTheTaxMan  Keeping your taxes as low as possible saves you money...Cashing in - my suggestion if you have just a small amount of IQD just cash in enough to meet your goals.  You want to reduce those taxes as much as possible.  [for example] I'm gonna say $1 just for a number...I think it's gonna be lower than that but for calculation purposes I'm gonna say $1.  Lest say it does come at $1 and let's say you've got 2 million IQD.  If you run off and cash that in, remember, you bumped over that $400,000 mark, you also got that extra 3% tagged on there and you got the state coming after you as well.  You lost...(Post 1 of 2).. 

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      ** Kaperoni   From time to time people ask me why they just don't float the currency now? Part of the reason is because this is on Iraq's time table...But most importantly, Iraq needs to create the engine to drive the economy forward first and foremost. Once they do they can float the currency and let market forces dictate the rate.  That engine is a process of passing laws, creating a suitable business environment, and encouraging a diverse diverse market economy.  Be assured everything Iraq is doing is being watched by professional organizations such as the IMF and World Bank.
      Good Night Everyone ... 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 
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      ** Pimpy **  I spoke about this before, I said Iraq didn't just have oil they discovered the second largest gold deposit found in Iraq and no body is mining it right now.  The gold is close to the surface of the Earth which makes it real inexpensive to mine.  What I'm monitoring is which company wins the opportunity to go into Iraq and start mining for gold because that's one I definitely want to invest in...Investing in Iraq is a good deal.

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