ronscarpa Posted December 13, 2021 Report Share Posted December 13, 2021 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 I always thought that it would be somewhere between $3.86 and $4.25 but the more and more we're studying some files we are now finally opening...Kuwait...told the IMF IMO you can help Iraq lift the value of their currency...but all the things that Saddam did against us - fix it. And that's what they've been doing and paying them back. And then one of their clauses was when you do raise the value of their currency make sure that it's very near our currency value (but they must be less than ours). Their value right now is $3.32 so if you had a million dinars and it was that 1 to $3.32 you'd have $3.3 million American dollars. *** Pimpy Yesterday...[I was] talking about Iraq being in Chapter VII and if they're removed out of chapter 7 what happens...the article was from 2013. It wasn't about the year - I was trying to show the details of what the article said. The details are what were important because it explains what happens when Iraq is taken out of Chapter 7...that whole plan that's laid out there actually is happening now. The highlights of this article was saying 'Allowing Baghdad to regain control over its own currency...its return will not only revitalize the economy it will strengthen the value of the Iraq dinar and increase its purchasing power...' [See Pimpy's post from yesterday (12-12-2021) below.] *** Mnt Goat ...I know it seems very weird how they would devalue the dinar so much and then just 2 years later revalue it so much. It could go as high as over $4 if oil stays high enough by the the time they RV/RI... ************ Pimpy from 12/12/2021 *********** ** Pimpy Article: "Chairman of the Committee of Financial Experts Abdul Basit Turki, reviled today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation" Quote: "After that [Making the final payment], Iraq will submit a request to the General Secretariat of the United Nations requesting that it be removed from the provisions of Chapter VII of the UN charter." Chapter VII is major. It's so big it's one of the biggest steps we need to take in order for Iraq to do any type of rate change...be happy. Be a little excited but don't go overboard. We have no idea what's going to happen...We don't know what they're going to do until they do it. [Post 1 of 2]. ** Pimpy Article: Throwback - The first time they lifted Chapter 7 2013 "With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy" Quote: "the lifting of Chapter 7 sanctions last month can be considered one of Iraq's biggest achievements...allowing Baghdad to regain control over its own currency, oil and economy." Quote: "One of the biggest advantages of the lifting of the sanction is the return of all frozen assets to the Iraq government estimated somewhere around $82 billion according to the Central Bank data. Its return will not only revitalize the economy it will strengthen the value of the Iraqi dinar and increase its purchasing power." There's reason to be happy. There's reasons to be excited...but stay grounded...there's no date there. There's no rate there. It merely tells you what happens once Iraq is removed from Chapter 7..[Post 2 of 2]. 2 10 1 Quote Link to comment Share on other sites More sharing options...
sgtsanders Posted December 13, 2021 Report Share Posted December 13, 2021 Exciting times we are living in…. 2 3 Quote Link to comment Share on other sites More sharing options...
yendor Posted December 14, 2021 Report Share Posted December 14, 2021 Mountain Goat said: It could go as high as over $4 if oil stays high enough by the the time they RV/RI... The big question is, will any of us here be around when they finally RV??????? 1 Quote Link to comment Share on other sites More sharing options...
sgtsanders Posted December 14, 2021 Report Share Posted December 14, 2021 Just can’t help but wonder if the completion of Kuwait reparations was a much bigger piece than previously thought! Time will surely tell……….soon my actually mean soon!🤣🤣🤣 3 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted December 14, 2021 Report Share Posted December 14, 2021 Just now, sgtsanders said: Just can’t help but wonder if the completion of Kuwait reparations was a much bigger piece than previously thought! I think it's important and the troops leaving. Kuwait reinstated within 30 days of troops leaving. 1 2 2 Quote Link to comment Share on other sites More sharing options...
ATHIM Posted December 14, 2021 Report Share Posted December 14, 2021 When the troops leave, I think part of their "worthiness", is for Iraq to hold their own - without any major security upsets.... The training wheels will be off. 2 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted December 14, 2021 Report Share Posted December 14, 2021 48 minutes ago, sgtsanders said: Just can’t help but wonder if the completion of Kuwait reparations was a much bigger piece than previously thought! Time will surely tell……….soon my actually mean soon!🤣🤣🤣 Let’s hope it really does mean soon! 3 Quote Link to comment Share on other sites More sharing options...
3 bucks new rv rate Posted December 14, 2021 Report Share Posted December 14, 2021 1 hour ago, Longtimelurker said: Kuwait reinstated within 30 days of troops leaving. thanks for the info Longtimelurker. so we just wait until the US troops leave out of Iraqi country 100% completely by the end of this year 2021, and then hopefully first quarter of 2022, Iraq will rv/ri, then we can get our rewards. again, we can only hope. 4 Quote Link to comment Share on other sites More sharing options...
Kenny_Logins Posted December 14, 2021 Report Share Posted December 14, 2021 Question: Frank26 is always reading reports from his "Fireflies" who describe what they see on Iraqi TV. Is there a way for someone here to confirm this? Does anyone know anyone in Iraq who can confirm what's actually shown on TV about the dinar? 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 14, 2021 Report Share Posted December 14, 2021 5 hours ago, Longtimelurker said: I think it's important and the troops leaving. Kuwait reinstated within 30 days of troops leaving. exactly....or before....troops can pull back to bases and then can revalue....maybe condition of pullout? 1 1 Quote Link to comment Share on other sites More sharing options...
GregHi Posted December 14, 2021 Report Share Posted December 14, 2021 2 hours ago, Kenny_Logins said: Question: Frank26 is always reading reports from his "Fireflies" who describe what they see on Iraqi TV. Is there a way for someone here to confirm this? Does anyone know anyone in Iraq who can confirm what's actually shown on TV about the dinar? Trust me if what Frank says is true about what is being said on Iraqi TV my Shia friend would be texting me everyday! Don’t believe lying gurus! 5 4 Quote Link to comment Share on other sites More sharing options...
goldwinger57 Posted December 14, 2021 Report Share Posted December 14, 2021 Thanks Frank for doing that math for us....duh 1 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted December 14, 2021 Report Share Posted December 14, 2021 6 hours ago, Kenny_Logins said: Question: Frank26 is always reading reports from his "Fireflies" who describe what they see on Iraqi TV. Is there a way for someone here to confirm this? Does anyone know anyone in Iraq who can confirm what's actually shown on TV about the dinar? Youtube has Iraqi news live in English. I've watched about 10 minutes worth and saw nothing iqd related 2 2 1 Quote Link to comment Share on other sites More sharing options...
bigdog1 Posted December 14, 2021 Report Share Posted December 14, 2021 It doesn't look like the troops are leaving anytime soon. U.S. Announces End to Combat Mission in Iraq, but Troops Will Not Leave - The New York Times (nytimes.com) 1 2 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted December 14, 2021 Report Share Posted December 14, 2021 6 hours ago, Kenny_Logins said: Question: Frank26 is always reading reports from his "Fireflies" who describe what they see on Iraqi TV. Is there a way for someone here to confirm this? Does anyone know anyone in Iraq who can confirm what's actually shown on TV about the dinar? Watch "🔴 Al Jazeera English | Live" on YouTube https://youtu.be/-upyPouRrB8 2 1 Quote Link to comment Share on other sites More sharing options...
Artitech Posted December 14, 2021 Report Share Posted December 14, 2021 8 hours ago, Kenny_Logins said: Question: Frank26 is always reading reports from his "Fireflies" who describe what they see on Iraqi TV. Is there a way for someone here to confirm this? Does anyone know anyone in Iraq who can confirm what's actually shown on TV about the dinar? This is strictly MY notice my, opinion! The stuff Frank is putting out is nothing but pure D Fraud! Frank is what we in Texas, call a tobacco road conman! Plus now we are getting these pie in the sky rates! JMHO we are looking hopefully for a rate .30 to a $1.00! If the dinar comes out at a dime Im gone so fast it will make your head spin! Full Disclosure, this is coming from someone that sold his 2000 bit coins for $12.00 a coin!! Merry Christmas!! 🤠 1 1 2 Quote Link to comment Share on other sites More sharing options...
Kenny_Logins Posted December 15, 2021 Report Share Posted December 15, 2021 Good responses, thanks everyone. I'll watch some of the Iraqi news in English. 1 Quote Link to comment Share on other sites More sharing options...
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