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Thursday Evening Opinions @ 6:55 PM CST - 11/25/2021


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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 



*** 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' 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...




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  • ronscarpa changed the title to Thursday Evening Opinions @ 6:55 PM CST - 11/25/2021

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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 
      ** Walkingstick A dinar is a dinar in country...Iraqi citizens are not 'cashing in' any of their 3 zero notes.  Not like you are.  They're simply exchanging their 3 zeros for the lower denominations for more purchasing power.

      ** Kaperoni  ...A "program rate" for the Iraqi dinar. The exchange rate of dinar is the exchange rate. The term program rate is a term that was taken from the IMF in a Stand by Agreement and twisted to imply the exchange rate is fake.  All BS....there is no lottery ticket magical RV.

      ** Pimpy  There's one heck of a report that came out on behalf of Iraq.  A really positive step.  Report:  "IMF Staff Concludes Virtual Visit to Iraq"  the write up is really good.  To start off you can see that Iraq is definitely on track...they're expecting a 12% growth in GDP.  That's good...that is a nice little write-up from the IMF staff.  Of course it just indicates Iraq is definitely heading in the right direction. Their economy is strengthening...looking good but we still need Iraq to get yanked off that so-called blacklist over there in the UK...we need this election to be finalized and we need peace and stability to remain...we need the troops to get out of there.  All these things seem to be happening... 

      ** 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].

      ** Frank26  [Firefly boots-on-the-ground Iraqi TV continued] FRANK:...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you.  They can't just give these new currency note in your hands because you guys will not fully understand.  It must not fail with you.  Once that step has been accomplished they will show a new exchange rate.  IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st..[Post 2 of 2].

    • 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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      ** Kaperoni   If you own dinar do yourself a favor, spend your time reading and learning about Iraq and rebuilding of their economy. Until then, nothing is happening...Until Iraq has a new government in place, and they passed laws, build a diverse private sector economy there will be no change in the Iraqi dinar.

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      ** Walkingstick  In the 2022 budget the governor of the Central bank of Iraq and the prime minister Kazimi both are telling the Iraqi citizens we have a guarded secret that was well studied... What's in the '22 budget... what's in the white papers?  [the rate].

      ** Frank26   [Firefly boots-on-the-ground Iraqi TV update]  FIREFLY: They're talking about the old currency again...the ones from the 1940's...they're saying how the new currency will support a true dinar rate as long as Iraq enters the global markets...they're telling us about deals with foreign countries...and they must have a strong dinar to have these deals with these foreign countries because Iraq will be a centerpiece in the Middle East...  FRANK:  The CBI is trying to explain to you why you need this new currency because it has to match the new math that they're trying to explain to you..[Post 1 of 2].

      ** Frank26   [Firefly boots-on-the-ground Iraqi TV update]  FRANK continued:  the new exchange rate of 1 to 1 against the American dollar and not the sanctioned program rate of 1190 because that does not mathematically work with the new small category notes that they are about to give you.  This is a wonderful step in your education because IMO it is putting you in a position to receive them now...IMO you're going to see them before they officially give you the new rate so that you are prepared for the budget at the beginning of next year.  They are showing you again this week the old small category notes from the 1940's because they want to make sure you understand that they will be looking almost like the ones that they're going to hand out to you..[Post 2 of 2].

    • 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  At this stage without having said that they have changed their rate yet but they can at a moment's notice with inter-connectivity and that's what they're saying that they have simulated.  The keywords are simulation, simulator, incubator they're using all these different terms.  They've tested it.  They've simulated it.  That's where we are in this...

      *** Mnt Goat  There are many very good articles coming out and most of them are all about the election and the revaluation of the currency. WOW! I have never seen so much pressure from all areas to revalue...Many of the articles are following along the lines with the concept of revaluation but they tend to move towards just getting back to pre-December 2020 rates. This is not what the CBI is aiming for. I am telling this as FACT!. Instead they are going to go all the way to reinstatement of the dinar back to global trading platforms. This is the end process. They have been aiming at this for a very long time.

    • 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  [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Many of us are upset that the exchange rate has not changed yet and more and more are protesting and speaking out.  'Need a change' is the word on the street. FRANK: ...the governor of the CBI is doing a good job of educating you isn't he?  And you know that...your country is so rich that the concept of changing your exchange rate is actually an afterthought...

      ** BobTheTaxMan  We do have a lot of changes that have happened in our tax situation and it's still under flux...We are moving from a conservative to a liberal administration with changes in attitudes, goals, and especially taxes!  Under the previous administration we had the attitudes and goals that favored our IQD investment...The current administration's attitudes and goals favor limited retirement, capped charitable sharing and increased taxes for those making over $400,000 per year.  I want you to remember that the political pendulum swings both ways...currently it's swinging to the left...[Post 1 of 2]

      **   BobTheTaxMan  It doesn't mean it's going to stay that way forever...this is...normal...don't get too excited over it...crying over spilt milk...doesn't do any good for anyone...let it go.  Realize this is where we're at now.  We're facing some challenges and some changes that's going to have some effect on our IQD investment plans...Your personal financial ship is up to are the captain of your ship.  Your preparation, implementation and the results of what you do are yours.  Understanding ...changes in policies...the world of taxes is the key...and the hopeful plans we have for our financial future in regards to the IQD...[Post 2 of 2]

    • 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  Article: "THE MINISTER OF FINANCE REVEALS THE POSITION OF THE INTERNATIONAL COMMUNITY ON CHANGING THE PRICE OF THE DOLLAR AND PROMISES ABOUT THE 2022 BUDGET"  Everything I am hearing and seeing  in the news from Iraq is now telling me that there is a very good opportunity to reinstate the dinar in early 2022 with possibly the project to delete the zeros in mid to late December 2021. Yes, it is looking real good..! 

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