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Monday Morning Opinions @ 10:40 AM CDT - 10/25/2020


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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  



** Kaperoni  If anybody understands how Iraq forms a government, must realize it is not an elected prime minister it is political groups joining together to form the largest block  which they then choose the next prime minister.  Al-Maliki has been working diligently to form the largest block.  This needs time to play out but to see Al-Maliki hosting meetings to form the largest bloc to choose the next prime minister (which he hopes is himself) is not what we want. This won't happen...Sadr, who has the most seats, hates Maliki and won't let that happen...RON 


** Mnt Goat  Article: "OIL EXPERT: IRAQ WILL ENTER ONE BILLION DOLLARS ANNUALLY IF THE PRICE OF OIL INCREASES BY ONE DOLLAR" Boy, oh boy, I have to admit they are very good at hiding their numbers. Well so, at $1 billion additional monetary reserves for every $1 increase in a barrel  of oil then with and increase of $20 a barrel (additional $20 billion in monetary reserves ..right?) they are telling us they can reach over $100 billion in monetary reserves by the end of the year. I said by the end of the year… Could this be their goal all along..?




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Maliki is a non-factor anymore.  I doubt even his party doesn't want him.  Who knows though?   I just don't think Maliki will be the man again.  He has had it, and done nothing, but get his hands in the cookie jar, and get rich.  Iraq can't afford him again!   Sadr's block I hope will at least work for the Iraqi's!   :twothumbs:

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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   [Iraq FIREFLY boots-on-the-ground TV update] FIREFLY: All last night they kept talking to us about the digital platform again...telling us that it is complete, saying that in early 2022 the budget will be supporting a rate that will enable it to bring the white paper reforms. FRANK: When you say 'When is it going to happen?' It's happening...the first video made it very clear 'we're international.'  The second video is about, 'should we raise the value of our currency.' FIREFLY: They just told us they have 3 shows and the next 3 shows will be Friday, Saturday and Sunday to finish the whole pros and cons series. [Post 1 of 2].
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      *** Pimpy   Iraq's doing everything they can to regain their sovereignty to get removed off the blacklist.  We got more oil in the fields that need to be drilled and discovered.  We need to develop the private sector so people have jobs but in addition to that less reliance on oil for the budget.  The elections are over.  Corruption is being dealt with. And we know that Sadr met with Al-Kazemi.  Let's hope something comes out of that and we see this continuation of great work...

    • 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
      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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      *** Frank26  [Firefly boots-on-the-ground Iraqi TV update]  This is weird.  The CBI governor is on the television talking about some state-of-the-art technology...they're telling us that we have a 1 of a kind prepaid card for all payments in a Visa card.  First of a kind in the Middle East...this is a fully Digital platform and is complete and wishes to have this on the global front so all citizens can make payments internationally.  This is getting very serious...

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    • By ronscarpa
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      ** Frank26  [Firefly boots-on-the-ground Iraqi TV update]  FIREFLY: We now see the special commercial.  It's on TV. We're watching it right now.  They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend.  It's at 9pm Iraqi time.  It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022.  Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency..[Post 1 of 2].
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      ** BobTheTaxMan  We're going to take an example.  Let's say the announcement came from the CBI...with an anticipated rate of .50 cents...So you take your 10 million IQD and you rush off to the bank and you exchange it for $5 Million dollars.  Yippie!  Your IQD investment finally paid go home petting your precious money fantasizing over what you are going to spend it on...the lifestyle you have dreamed of is in reach.  The house, the car, the vacation, the toys they all appear and your long dreamed of funds begin to disappear.  Now all the money is spent...whatever you set in payments is still there draining your income and your income cannot continue to support the lifestyle your fantasies created.  Then comes a letter... [Post 1 of 2].

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      ** Sandy Ingram  Article: "Central Bank of Iraq governor meets with head of Turkey's banking licensing and supervision authority" This is happening...The Central Bank of Iraq setting up bank branches in Turkey. This was good news because it means investors possibly can visit a safe country in which to exchange Iraqi dinars and/or open a banking account and set up possibly 4% interest rate...

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      ** Frank26  Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq"  What are you putting in there? Quote: "...amounting to 1.47 billion dollars (0.4 billion dinars) in April, July and October of this year."  Dude you just gave the mathematical formula!  That would be $3.61!  About an hour after this news agency...resent it without that information in the translation.  Was it a mistake - don't pay attention to that?  Or was it a mistake - I can't believe you did that!  Get rid of that!  Release the next article without that information!?  Honestly I don't know...IMO Kuwait is being paid off for a reason right now.  It is part of the agreement for Iraq to lift the value of their currency... The rate of Kuwait is around $3.32...I don't know if it's an honest mistake but the calculations are fascinating.

    • 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 ***  If they are openly telling the citizens and from what we Iraq that they are going back to the glory days. That will require Article 8 compliance. A rate of 1460 is not Article 8, nor is 1190 or even 1166...They'll need the similar notes, as they had back in the glory days. Thus, they are said to be showing them the old notes in videos lately and still on going. ...The new digital system will require them to have new currency and one they can monitor efficiently and transparently.  They have not destroyed 000s notes and reduced the supply of them as well, and...printed new notes to not change the exchange rate to get them on a level playing field like back in the glory days...Iraq has way to much value for them not to not raise the value of the Dinar...Things look very good...imo...

      *** Mnt Goat *** ...Do not give up on this. It is coming as my CBI contact says; they are preparing the final stages of the executing the project to delete the zeros. Then they plan to then monitor for inflation and if this part of the revaluation is successful then they will move back to FOREX (reinstate) and then we go to the bank... Everything is being lined up for either very late December or early January. I am VERY excited..!

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