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Tuesday Midnight Opinions - 10/191/2021


ronscarpa
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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  

 

 

 

*** Frank26  [Iraq Boots-on-the-ground Firefly TV update]FIREFLY: TV loaded with commercials today showing Iraq as up and coming country showing new banks new businesses coming showing all good things about Iraq we seeing new commercials for banks…Arab league fund and IMF starting changing rate policy study and guideline big event going on it’s on tv about changing exchange rate policyIt’s all over our television every channel...new commercials...talking to us about the exchange rate...this is amazing.  Says it’s a course on exchange rate policy. It’s hard to believe what we are hearing...our banks will soon give us a modern currency with a modern exchange rate this is all so hard to believe but we are so grateful….

 

*** Newshound Guru Pimpy  What have we learned over the past year...?  Is an RV or an RI possible?  Are we getting any closer at all to achieving what we all want?  Just so you know an RV is when they revalue the currency and RI is when they reinstate the value of a currency to its prior value...the United Nations, United Nations Security Council, the Forum On Economic Development all said there's no reason for Iraq not to be reinstated to their value of $3.22 cents prior to the devaluing of the currency by our country [USA].


*** 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...

 

 

:tiphat:

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I vote for reinstatement!   $3.22  :twothumbs:   Don't want to hang around, and wait for it to go up.  I know I am very optimistic, but gosh, I just want them to get it done, and make it simple!  :drunk:

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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 
       
       
      *** Pimpy  There's no back numbers.  There's no back screens...Nobody has the codes.  There's no military intel.  There's no redemption centers.  There's no 800 numbers...When the time comes and you feel like changing in your Iraqi dinar you will go to an exchange center, unless it's some astronomical amount that they gotta give you, then...you have to wait until you find a bank that will allow you to deposit the money...That's it.  You don't have to turn it into nobody.   Don't get scammed.  Nobody's going to get you together in a group and get a better rate.  The rate is going to be the same for everybody.



      *** Frank26  Question: "After the reinstatement occurs where will we look to find out how much time we have to exchange certain notes...?  I assume they will expire at different times?"  Yeah, there is a possibility they will expire at different times.  There's also the possibility that they will all expire at the same time...we don't really know...Here in the United States of America we still have three zero notes that are legal tender...
       
       

    • 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 
       
       
      *** Sandy Ingram  Article: "Central Bank of Iraq begins to activate self-management of foreign reserves"  Iraq's increase in foreign reserves since the devaluation last December and now the announcement of self-management of foreign reserves all points to a country coming onto the global financial platform...the increase in foreign reserves is a good thing, a really really really good thing...

       
      *** Frank26  Question: ["Once this change takes place...have your friends indicated what the time frame on calling in the three zero notes may be?  Are we going to have 30 days?  90 days?  Maybe a year?"]  We don't know.  We know that by standard it's usually at least up to a year to coexist.  I don't think that is an issue because if it was our friends would have been told already and they haven't...it would be very bad because you think you're the only one that has dinars?  Hundreds of counties have dinars in their reserves right now.  And what you're going to screw them all over?  Iraq is about to become the Mecca of financial currency in the Middle East...they will coexist...
       
       

    • 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: "Iraq Announces its Imminent Accession To The World Trade Organization"  We've been waiting for this.  This is big.  Once they are in there they really start becoming big players on the international scene...being in the World Trade Organization does nothing but help the economy as well as strengthen the dinar...
       
       
      ** Mnt Goat ** Remember to keep Iraq also in your prayers. We are so close to getting this GIFT but remember this gift is first for the people of Iraq. Then we as steadfast investors deserve to share in the wealth.
       
       
      HAPPY THANKSGIVING to everyone on DinarVets ... May Almighty God bless each one of you and your families ... 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 


      *** Sandy Ingram  The information you want to keep track of now so that when your tax professional asks you for this information it will enable he or her to complete your taxes accurately and with ease...more than likely you will file your IQD capital gains...They want to know the sales price or the cost that you paid for the Iraqi dinars [and how many]...the date that you purchased the Iraqi dinars...the date that you sold the currency...that's what you must do right now.  [Post 1 of 2]..
       
      *** Sandy Ingram  For this example...we are going to say...you have over 1 million Iraqi dinars...We're going to say that Iraqi dinar floats to or equals 1 dinar to 1 US dollar...when you do the math you find out quickly that your total tax would be right around $335,423.  Do I need to repeat that? $335,423.  That is how much you will owe the IRS.  I know some of you don't believe in the IRS.  Others say it's not a real government agency. And some of you up until now have never cared, but let me tell you, if you want your profits...you're going to need to claim the financial gain...[Post 2 of 2]...[NOTE:  Some others feel your tax will be based on Ordinary Income not capital gains. So, consult your tax professional at the appropriate time so you pay what the IRS expects you to pay.]
       
      Sandy is giving us some very wise and sound advice. We don't know when any increase in value will occur, but when it does many of you will  choose to cash in ASAP ... so her advice is: "BE PREPARED"..! 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 
       
       
      ** Mnt Goat ** ...Remember we are getting very close to December and so if the CBI is going to reinstate the IQD on FOREX in early January we should expect some action now for the “Project to Delete the Zeros” and a strong education program to get underway to let the citizens know what to expect. We should also see pictures of the new lower of the lower notes.  My source in the CBI is also now telling me that they are preparing an announcement and a long educational program to air soon in Iraq. WOW..!!! 

       
      ** Pimpy ** There are rumors going around that the IQD or the Iraqi dinar is going to be revaluing tomorrow.  That obviously is not true.  There's no announcement whatsoever.  When they go to make the announcement they're not going to tell people ahead of time.  Just calm yourself people.  Use common sense.  If they were going to tell people in advance when they were going to revalue the currency and how much people would flood the markets trying to buy as many dinars as possible so they can get super rich.  They're not going to announce it.  They'll just do it. 
       
       
       

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