Tuesday Afternoon Opinions @ 5:55 PM CST - 1/24/2023

[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 comes from Mark...  RON 

Frank26   What did we tell you 3 weeks ago? 'It is possible the governor of the Central Bank of Iraq may be fired because he's just not moving fast enough for Sudani, the monetary reform, for all of those that are involved in the monetary reform.' Bravo! That made us look good but we're not here to try to look good. We're here to try to help you understand what's going on. The only reason we knew that is because we knew the scuttlebutt that was going on INSIDE of the CBI...We told you 3 weeks ago this was going to happen...boom it happened!

 

Kaperoni  ...Iraq's prime minister dismissed the current central bank governor Mustafa Ghaleb for his inability to control the exchange rate and reassigned former Al Maliki central bank governor Ali Al-Alaq to run the bank...Back in 2012 the CBI Governor Shabibi was run out of town when he tried to shut down Maliki employees within the CBI who were contributing to smuggling money to Iran. [Post 1 of 2]

Kaperoni  And recent months the US Treasury has been working with the CBI and current [former?] governor to shut down the smuggling of currency to Iran. And we see Al Maliki influence to get rid of Mustafa and replace him with his appointed CBI Governor from a few years back Ali al-Alaq.  A pretty obvious pattern is being repeated here... Maliki is controlling the Central Bank of Iraq or at least influencing currency sales to help Iran. [Post 2 of 2]

 

Clare  Article: "Iraqi delegation to discuss dinar-dollar exchange rate with Washington"   Quote: “Prime Minister Mohammed Shia’ al-Sudani is in talks with the US to increase the value of the Iraqi dinar in comparison to the dollar, and we will visit Washington soon, he added."

 

Walkingstick  It is not a shock. It is not a setback. This process that Sudani did with the CBI is because the governor of the CBI was not being transparent enough. And the education to the Iraqi citizens of the monetary reform was not fast enough. The new governor Alaq  was the student of Dr. Shabibi, the author of the monetary reform of Iraq's currency.  IMO Alaq is a lot better to take the monetary reform to its promised land of an international float. Under his tutelage was when they printed the new small category notes.

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: There's going to be a national day of protest Wednesday at the CBI...We people are mad at the CBI because they're not doing anything... thousands are going to show up. FRANK: ...Your voice must be heard by the CBI that you need this new exchange rate now, not tomorrow ...your new governor of the Central Bank Alaq knows exactly what the monetary reform plan was and he knows exactly what Sudani wants...Let Wednesday be a form of communication...

 

 

MarkZ ...They have to raise the value before they can be Basel 4 . They cannot be basel 4 first and then raise the value for a couple of reasons. 1. It’s not tied to an asset until they raise the value…but more importantly …If they were to go Basel 4 first… everybody around the world would know it is time to buy IQD in a massive way. It would create such a security headache and pain in the butt for this and really toss the value up in the air.  They need to revalue first and then go Basel 4. I hear this will all happen within minutes. Mark you just ruined a good post by telling you what you heard " within minutes". RON 

 

MarkZ ...there is no negative news today … we are still getting positive stuff.  [Q? : Mark, What does you gut feel for the timing of this to go?]  I get in trouble everytime I say this…but my guy feels it could go anytime in the next 2 weeks…with an emphasis on the next 2 days. I hope my gut is accurate...lol. It would be nice if you were finally right for once, but we're not going to hold our breath..!RON 

 

 

Edited January 25, 2023 by ronscarpa
spelling

[Luigi1]

 

3 minutes ago, ronscarpa said:

1-24-2023   Newshound Guru Kaperoni  And recent months the US Treasury has been working with the CBI and current [former?] governor to shut down the smuggling of currency to Iran. And we see Al Maliki influence to get rid of Mustafa and replace him with his appointed CBI Governor from a few years back Ali al-Alaq.  A pretty obvious pattern is being repeated here... Maliki is controlling the Central Bank of Iraq or at least influencing currency sales to help Iran. [Post 2 of 2]

 

 

Nothing will change until a bullet is put in Maliki's head.

[ronscarpa]

5 minutes ago, Luigi1 said:

Nothing will change until a bullet is put in Maliki's head.

 

I just said essentially the same thing on your earlier post "HOT: New CBI Governor are Maliki & Iran controlled."

[screwball]

25 minutes ago, ronscarpa said:

Under his tutelage was when they printed the new small category notes.

???????? they printed 7 denominations, how many did they release??? how many are lower denoms??? when did he print them? dont remember this?

[screwball]

26 minutes ago, ronscarpa said:

IMO Alaq is a lot better to take the monetary reform to its promised land of an international float

100% agree

[ronscarpa]

2 minutes ago, screwball said:

???????? they printed 7 denominations, how many did they release??? how many are lower denoms??? when did he print them? dont remember this?

They printed 14 notes - 7 we have used, and 7 LDs were to be released after an RV/RI...that was Shabibi's plan. RON