ronscarpa Posted June 28, 2023 Report Share Posted June 28, 2023 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 ... RON Pimpy An increase in the exchange rate of the Iraqi dinar would be a big help to Iraq when it comes to rebuilding infrastructure, but it's not going to happen. They depend way too much on oil. Anything can happen to oil prices and it could be really detrimental to Iraq. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Due to a new 6 day holiday EID all stock market trading will be closed until July 3rd. FRANK: They are trying to talk to you again. The budget is at 64 trillion. That is impossible at a program rate. MarkZ Question...what do you feel worst scenario will be with taxes on this? I still believe there will be no taxes…but be prepared in case I am wrong…. No one will know for sure until the RV happens. [Check with your Tax Professional at the appropriate time.] Mnt Goat I feel we have been in a critical period of the currency reform program since January of this year 2023. Now we are in a “vital” period since the three-year budget has been passed on Sunday June 11 and now ratified by the president on June 21, as needed to become law. It is now law and needs to be posted in the Gazette but only for records sake. Anything could now happen and is going to happen. In fact, this week or next could be the pivotal last days for our investment. The CBI has told me they want to conclude this process of currency reform by July 1. 1 5 1 2 Quote Link to comment Share on other sites More sharing options...
Dretown39 Posted June 28, 2023 Report Share Posted June 28, 2023 I have officially lost respect for Pimpy! Iraq is trying to get away from depending on oil & they want to diversify. The last weapon they have left to get going is their currency!🤦♂️ 1 1 2 Quote Link to comment Share on other sites More sharing options...
cranman Posted June 28, 2023 Report Share Posted June 28, 2023 Pimpy flip flops on a daily basis. At least the other gurus post positive BS everyday. 1 6 1 Quote Link to comment Share on other sites More sharing options...
HowieC Posted June 28, 2023 Report Share Posted June 28, 2023 I'm glad the CBI tells Mtn Goat what they're doing, and when. 12 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted June 28, 2023 Report Share Posted June 28, 2023 42 minutes ago, HowieC said: I'm glad the CBI tells Mtn Goat what they're doing, and when. Exactly what I'm thinking 1 4 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted June 28, 2023 Report Share Posted June 28, 2023 1 hour ago, ronscarpa said: The CBI has told me they want to conclude this process of currency reform by July 1. Currency reform ar 1300 to 1 . 1 2 1 Quote Link to comment Share on other sites More sharing options...
T B Posted June 28, 2023 Report Share Posted June 28, 2023 i think that goat needs to get on eating all these vines around my bigg fence on this place , maybe as the CBI can they tell all of us too! HE! HE! BE BLESSED! 1 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted June 28, 2023 Report Share Posted June 28, 2023 These eggsperts illustrate their ignorance every day... Russia is 92% petroleum....Kuwait & Saudi Arabia...same...all doing pretty well economically.... Why not Iraq? CL 2 3 1 4 Quote Link to comment Share on other sites More sharing options...
edbeach Posted June 28, 2023 Report Share Posted June 28, 2023 We have a bunch of liars given advise of what will happen with the dinar. How can you believe anything they say this MarkZ feels there be no taxes what an as*hole we all will pay taxes on this money if it happens. While the goat says the CBI tells her they want to conclude this by July 01st. then you have the Frank26 telling you they trying to talk to you again and finally the Pimp is doing his flip flop about the dinar. How in the hell can anyone believe anything any of them says. As I have said all you need to do is read the articles coming out and you know more than the so called guru's on this board and what lies they are telling you about the dinar. Have a good evening and read the articles to be ahead of the so called guru's. 1 Quote Link to comment Share on other sites More sharing options...
ninu320 Posted June 28, 2023 Report Share Posted June 28, 2023 2 hours ago, HowieC said: I'm glad the CBI tells Mtn Goat what they're doing, and when. he's the man like that LOL! 2 Quote Link to comment Share on other sites More sharing options...
hspotman Posted June 28, 2023 Report Share Posted June 28, 2023 2 hours ago, ronscarpa said: Frank26 [Iraq boots-on-the-ground report] FIREFLY: Due to a new 6 day holiday EID all stock market trading will be closed until July 3rd. FRANK: They are trying to talk to you again. The budget is at 64 trillion. That is impossible at a program rate. I'm gonna play a little devils advocate here, because it seems as if the devil may have a little bit of common sense here...😔 64 trillion is based on the 3 year budget. So at 1300 dinar per dollar,that is the only way 64 trillion dinar gets used. If it were 1 to 1, with a 64 trillion budget....that is one helluva HUGE budget. Please someone correct me, because I don't like how those numbers make me feel. True, they may not even have that much dinar printed....or they might?. But it is over 3 years, and it won't get used all at once. Gawd I hate common sense on this side of the equation... 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted June 28, 2023 Report Share Posted June 28, 2023 3 hours ago, ronscarpa said: MarkZ Question...what do you feel worst scenario will be with taxes on this? I still believe there will be no taxes…but be prepared in case I am wrong…. No one will know for sure until the RV happens. [Check with your Tax Professional at the appropriate time.] Hey Z...It's windfall profits. Of course it will be taxed. 1 1 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted June 28, 2023 Report Share Posted June 28, 2023 2 hours ago, HowieC said: I'm glad the CBI tells Mtn Goat what they're doing, and when. I was actually wondering who his contact is at the CBI… The Janitor or the Doorman? 😃 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 29, 2023 Report Share Posted June 29, 2023 4 hours ago, Dretown39 said: I have officially lost respect for Pimpy! Iraq is trying to get away from depending on oil & they want to diversify. The last weapon they have left to get going is their currency!🤦♂️ I never had respect for any of them 1 3 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted June 29, 2023 Report Share Posted June 29, 2023 1 hour ago, Luigi1 said: Hey Z...It's windfall profits. Of course it will be taxed. I can see the possibilities for a no tax situation... CL 2 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 29, 2023 Report Share Posted June 29, 2023 25 minutes ago, coorslite21 said: I can see the possibilities for a no tax situation... CL yep.... 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted June 29, 2023 Report Share Posted June 29, 2023 it is possible for those awake 😉 1 Quote Link to comment Share on other sites More sharing options...
Stabstones Posted June 29, 2023 Report Share Posted June 29, 2023 3 hours ago, new york kevin said: Currency reform ar 1300 to 1 . Delete 3 zero.. will be 1 : 1.3 2 Quote Link to comment Share on other sites More sharing options...
Bob Posted June 29, 2023 Report Share Posted June 29, 2023 If they decide to delete 3 zeroes, then the budget goes from trillions to billions which is most likely a normal 3 year budget! 64,000,000,000,000 Maybe! My calculator would not extend to trillions! 64,000,000,000 3 1 Quote Link to comment Share on other sites More sharing options...
cranman Posted June 29, 2023 Report Share Posted June 29, 2023 (edited) 2 hours ago, NoviceInvestor said: I was actually wondering who his contact is at the CBI… The Janitor or the Doorman? 😃 What a crazy question. Everyone knows its the doorman! Lol Edited June 29, 2023 by cranman 4 Quote Link to comment Share on other sites More sharing options...
psdon Posted June 29, 2023 Report Share Posted June 29, 2023 18 minutes ago, cranman said: What a crazy question. Everyone knows its the doorman! Lol no it's the elevator operator the currency keeps going up and down 5 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted June 29, 2023 Report Share Posted June 29, 2023 52 minutes ago, Stabstones said: Delete 3 zero.. will be 1 : 1.3 What three zeros are you deleting? 1 1 Quote Link to comment Share on other sites More sharing options...
cranman Posted June 29, 2023 Report Share Posted June 29, 2023 7 minutes ago, psdon said: no it's the elevator operator the currency keeps going up and down Ha! Noice! Quote Link to comment Share on other sites More sharing options...
Shedagal Posted June 29, 2023 Report Share Posted June 29, 2023 1 hour ago, screwball said: it is possible for those awake 😉 More are getting there every day, thank God. 3 Quote Link to comment Share on other sites More sharing options...
psdon Posted June 29, 2023 Report Share Posted June 29, 2023 1 hour ago, Shedagal said: What three zeros are you deleting? 1 IQD = 0.000763538 USD (1 IQD = 0.763538 USD) *** 4 Quote Link to comment Share on other sites More sharing options...
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