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Saturday Midnight Opinions - 9/18/2021


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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 



*** Pimpy  ...Monetary Fund Recovery Conference - I was curious to see what the outcome is.  I'll find out more about it and share it with you when I can.  That's where my focus has been...things are looking good.  Business continues to grow there internationally.  Things in Iraq are starting to look good.  They're staring to really get out there more on an international scene.  We got a lot of companies coming in.  They're rebuilding.  It's looking really good.  I know we're all waiting to hear about the 2022 budget so let's keep our fingers crossed and see what happens...

*** Helpful Joe  Question: "How will I know for sure if the rv happens? And if it does happen, what's the first thing I do?" Great question!  Either you'll get an email from me, see the change clearly displayed on numerous Dinar forum websites homepage, or if you're super early and one of the absolute first to know, you can see the CBI official rate on the CBI Website @ www.CBI.IQ home page. (Post 1 of 2).. 

*** Helpful Joe  The first thing you do is give the special person in your life a big ole smacker and smile big!  Next thing is you calm yourself down, take some breaths and make a short term and long term plan/strategy.   That includes speaking with a couple of financial advisors about your specific circumstances and consider taxes.  We have a big community here, so there will be lots of exchange experiences to'll get the good, the bad and the ugly and I'm sure the gurus will have information to share about best practices and worst practices.  You're in the right place here at Dinar Guru . [Post 2 of 2]

9-18-2021   Newshound Guru Kaperoni  ...There have been several articles that says they will be lucky if they ever pass it [The 2022 budget] within the next 12 to 16 months...


*** Walkingstick ...Iraq's oil will always be sold internationally with American dollars but what has changed is that internally Iraq can sell its oil in Iraqi dinar and no longer in American dollar...This is huge for the monetary reform...


*** Fleming   ...We have heard that Iraq has revalued, creating the Golden Dinar bringing peace to the Middle East. IRAQ has their lower denominations in the bank. These lower denoms are NOT in ATM machines, “not until they have REVALUED.” Although the IMF wanted IRAQ to revalue on the 22nd, the Iraq Financial Leadership refused this deadline and told the IMF, “before the end of the month we will revalue.”...

*** Frank26  Article: "Economist: Compensation for the loss of cash reserves must be met with a decrease in the dollarWow I agree.  You need to increase the exchange rate of the Iraqi dinar and decrease the exchange rate of the dollar against the dinar.  Bravo...

*** Mnt Goat  I encourage you hold on to the Iraq dinar because we see more positive signs of conducting the Project To Delete The Zeros than ever before since 2012. We have all come a long way and so why give up now.




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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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      *** Newshound Vital Brad  If you look at the region where Iraq's at - Kuwait...their currency is very very valuable because of oil reserves.  If it [Iraqi dinar] comes out at 10 cents I'll probably cash out half at the 10 cent rate and then I'm gonna wait.  I'm gonna hold for it to raise even more.  That's just my opinion.

      *** Newshound Kaperoni  Speculative Challenge: [They may LOP and let it rise and fall from there which it looks to me like all the cards are stacked in that direction. They are just waiting for the right conditions and timing. Please convince me that the odds are over 50% in other direction. Hope I’m wrong!...] A:  Remember, Iraq intentionally sold the dinar around the world so that it could eventually be held in central banks as a hard currency. Such an event would contradict that intention.  Countries that have done that [LOP] have not been successful...

    • 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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      *** Mnt Goat ...Changes are coming and these changes we will like. This is when we will get the reinstatement...

    • By ronscarpa
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      ** Newshound Mnt Goat  Article: "IRAQI OIL IS HEADING TO APPROVE A “GIANT” EXPLORATION PROJECT IN THE WESTERN DESERT" ...Iraq is floating in oil and is very rich. There is so much wealth yet to be untapped...

    • 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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      ** Vital Brad   We had talked about October 17th.  The Central Bank of Iraq put out an Article: "Instructions for buying and selling foreign currency for the year 2021" ...mentioning their currency being traded at the International window - am I interpreting it as a potential revaluation?  Maybe.  I don't know what's going to happen that day...if anything happens I'll definitely be letting you know if anything breaking comes.  (Post 1 of 2)

      ** Vital Brad    This is what gets me interested...Right now Iraq's currency is not on the International market.  It's not a tradable Forex currency.  So why is this all the sudden saying that the bank decided to adopt in allowing foreign currency to be traded at what they're calling this currency sale window?  That's going to start working as of the date October 17th...I'm really interested to see what happens Sunday.  (Post 2 of 2)

      ** Kaperoni  The CBI also published monetary policy expectations 2020 through 2022. Which included many steps including digital transition, banking insurance, development of the banking sector, facilitating financing and putting the dinar on par with the dollar globally. We shall see.

    • 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   [Iraq Boots-on-the-ground Firefly TV update]  FIREFLY: Sadr...on tv saying...we will improve the dinar to be in the ranks of the international currencies... FRANK26: Improve your currency to international levels …no kidding… and he [Sadr] says that Iraqi citizens are about to be rich… no kidding …Like we need to hear it from him lol but you will soon hear it from Kazemi and the governor of your CBI …by the way...the auctions today they are at a phenomenally low level for a phenomenal reason…

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      Blessings Everyone..!  RON 
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