Tuesday Afternoon Opinions @ 5:44 PM CST - 11/29/2022

[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... So, take everything with a grain of salt... Especially if it's Mark...  RON 

 

 

Sandy Ingram  Article: "Opec+ decision did not reduce Iraq's exports" OPEC+ produces 43 million barrels of oil per day.  Iraq produces 11% of this total...supply and demand is still king... next years prices per barrel...will be between $85 and $95 maybe less...OPEC controls and hold approximately 80% of the world's oil so for now Iraq's revenue is okay and for that we are grateful.

 

Pimpy  I got people out there talking [that] this next budget we're going to see a huge increase in the Iraqi dinar exchange rate.  No you're not...Let me tell you why.  For the same reason I stressed the first time you might not see the exchange rate happen, they were still missing a ton of money...you might indirectly end up financing a terrorist group who stole the money.  Remember ISIS stole a big chunk of the Iraqi dinar so if they couldn't account for it then they weren't going to change the exchange rate in fear of accidentally financing a terrorist group.  The same could be said for this right here..[Post 1 of 2]

Pimpy  Article: "Al-Sudani announces the recovery of large sums from the theft of the century" ...over 2.5 trillion dinar has been stolen.  They recovered 182 billion of it.  In your wildest dream you think these people are going to turn around and increase the exchange rate knowing that a huge amount of money out there...in the hands of criminals?  And make these people even richer than they are?  No it's not going to happen..[Post 2 of 2]

 

Mark  Article: “KRG delegation in Baghdad to resolve outstanding issues” ...This is the Kurdistan regional government. Why is article 140 important? ...We were told years ago that when we saw 140 pass it would be very close to seeing the revaluation of the Iraqi dinar. Article 140 addresses sharing money with individual Iraqi citizens…of course this is oil and gas revenues for the Kurdish region as well. This was an enormous missing piece that got filled last night.  I was reminded of this by folks last night that are way up the chain on this…They are very excited..[post 1 of 2]

Mark  The passing of article 140 is huge…and a big part of the excitement today.  ...Iraqi chatter...from overnight…is they are going to announce to the world that they changed their rate on the 3rd of Dec...theoretically they need to RV a few days ahead of that… This would mean things need to happen very soon…seems the 140 implementation has shaken things loose over there and was a massive step forward for Iraq.  I think it could be tomorrow…or it could be the 3rd…I think we are in the short end of it. No one knows the exact timing until it happens…we just know what they are expecting..[post 2 of 2]

 

Frank26   Ladies and gentlemen drum roll..!  We have Article 140...We have HCL...Now that equals Article VIII. Article VIII is what every contract...country...investor have been waiting for.  Article VIII tells the people to bring their money into this country of Iraq.  They are now secure.  All the banking systems are international, modern, up-to-date.  We're even about to add value to it with a new exchange rate.  They know what's going on...

 

Samson  Article:  Jordan: Baghdad supplied Amman with 3.4 million barrels of oil at a "preferential price" Quote: "The official Jordanian News Agency (Petra) reported that about 3.4 million barrels of Iraqi oil had arrived in the Kingdom as of Tuesday, according to a Jordanian-Iraqi agreement to buy oil "at a preferential price less than the price of a barrel of Brent by $16"
 

 

 

[Luigi1]

2 hours ago, ronscarpa said:

Pimpy  Article: "Al-Sudani announces the recovery of large sums from the theft of the century" ...over 2.5 trillion dinar has been stolen.  They recovered 182 billion of it.  In your wildest dream you think these people are going to turn around and increase the exchange rate knowing that a huge amount of money out there...in the hands of criminals?  And make these people even richer than they are?  No it's not going to happen..[Post 2 of 2]

 

 

Corruption worsens. 

IQD in the hands of crooks by the trillions. 

All the more reason why not to RV-RI anytime soon. 

 I'd be really surprised if we see this anytime soon.  IMHO.

[pokerplayer]

22 minutes ago, Luigi1 said:

 

Corruption worsens. 

IQD in the hands of crooks by the trillions. 

All the more reason why not to RV-RI anytime soon. 

 I'd be really surprised if we see this anytime soon.  IMHO.

 

A ruby for giving your opinion ? I evened you out Luigi1.

 

   pp

[ronscarpa]

3 minutes ago, pokerplayer said:

A ruby for giving your opinion ? .... I evened you out Luigi1.

   pp

 

I did also .... and to you as well PP.... RON 

Edited November 30, 2022 by ronscarpa

[cjdavid]

8 hours ago, pokerplayer said:

 

A ruby for giving your opinion ? I evened you out Luigi1.

 

   pp

Me three!

And if any country should be getting special pricing for their freedom, it should be America! Just sayin. 

[Luigi1]

11 hours ago, pokerplayer said:

 

A ruby for giving your opinion ? I evened you out Luigi1.

 

   pp

 

Thanks Ron, thanks PP.

There are just too many articles coming out on a daily basis of out of control corruption.  We cannot ignore the 500 lb gorilla in the room,

[Fairways&Greens]

If Article 140 indeed is implemented, that is great news! 
 

I too worry about the corruption and theft of trillions of Dinar. I think it is a big reason we haven’t seen an RV/RI yet; however, they have been hunting down the big fish for a while behind the scenes—I would imagine they have recovered more than they let on. We’ll see. 
 

Go HCL! GO RV!!

Edited November 30, 2022 by Fairways&Greens
Correct spelling

[stanleypower]

Maybe an RV could identify and/or locate the missing dinar? 

[Luigi1]

1 hour ago, stanleypower said:

Maybe an RV could identify and/or locate the missing dinar? 

 

 

 

here's another article related to the corruption...in addition to the 2 Trillion taxes gone missing...we have this latest just come in...

 

 

Petra:  Article:  “Al-Fatlawi: The torrent of anti-corruption will affect many names, most notably Al-Kazemi”  I believe we heard $150B dinars were being returned to the people per the announcement by Al-Sadani.  He didn’t hold that information back…for a reason.  He wants not only the people to know his governments actions but also a message to the international market that they mean business!  They will need the secondary markets soon and they need to demonstrate action specific to corruption…and yes, more $$$ to come.  Anybody hear from Maliki?

Read More https://dinardetectives.com/petra-3/

[coorslite21]

Hey.....corruption is everywhere...in the most recent audit at the Pentagon they seem to be unable to account for $2 Trillion bucks....

The US mentored Iraq well.....😮

[hspotman]

I tried searching the web and couldn't find a specific answer.  So I'll ask you guys...does it say anywhere about art 140 and/or HCL specifically having to do with raising the currency value?

[Luigi1]

1 hour ago, hspotman said:

I tried searching the web and couldn't find a specific answer.  So I'll ask you guys...does it say anywhere about art 140 and/or HCL specifically having to do with raising the currency value?

 

HCL has to do with sharing the oil wealth with the citizens & nothing to do with the RV-RI.

HCL will help pave the way towards economic reform & to the RV-RI.  IMHO.

[ronscarpa]

4 hours ago, Luigi1 said:

 

Thanks Ron, thanks PP.

There are just too many articles coming out on a daily basis of out of control corruption.  We cannot ignore the 500 lb gorilla in the room,

 

Whoever gave you the ruby changed it - I guess he read it with new insight after our comments. 

[hspotman]

2 hours ago, Luigi1 said:

 

HCL has to do with sharing the oil wealth with the citizens & nothing to do with the RV-RI.

HCL will help pave the way towards economic reform & to the RV-RI.  IMHO.

What I thought.  So as per usual, a lot of hype for speculation.