Thursday Midnight Opinions - CDT - 12/13/2023

[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 ...  RON 

 

 

Walkingstick  They have told them [Iraqi citizens] a change is coming.  Do you need another clue?  Come January 1st what are the citizens supposed to do?  What are they supposed to use?  Should they continue to use a worthless currency?  Should they continue to live in misery, poverty, when they were promised other things?  Iraq will be another Dubai.  What more can the CBI do after the first?  Reinstate and float.  That will make the Iraqi citizens very happy...  

 

Frank26  1 to 1 is stupid...Did they not say their desire is to be on par 1 to 1 with the American dollar?  Did they not say their desire is to take that relationship and de-peg from the dollar and go into a basket where the dollar, ...instead of being pegged, will be paired with the dollar along with many other currencies...They told us that did they not?  I didn't make this up in my imagination.  This is the monetary reform plan...They told us about what is going to happen on the 1st...1 to 1 in a basket to start out with?  No.  IMO when it comes to calculating...look at inflation factors...M1, 2 and 3 figures ...No - 1 to 1 is stupid...it's ridiculous.

 

MarkZ  In Iraq Article: “Central Bank achieves a new step in the right direction to regulate foreign trade.” Also the CBI just wrapped up meetings with the US Treasury and the Federal Reserve about “Becoming International” and they are content with the changes they have made for Iraq to be fully recognized internationally.

 

Breitling  Question: "These articles that keeps coming out where starting January 1st commercial transaction will only be in dinar - How significant is that?  To me it sounds significant." Yeah, that's a big deal. It is. It's a super big deal because at a minimum it's the beginning of the end for them raising the value of their currency. It will be the beginning of it for sure.  

 

Jeff  You'll be able to go to 53rd Bank on the east coast [to exchange your dinar].  I've already consulted with them.  You'll be able to exchange your foreign currency there and they won't charge you any fees to exchange your foreign currency..  [Rumor]

 

Clare  Article: "Iraq agrees with the UAE to launch financial transfer and trade financing operations between the two countries" Quote: "The Central Bank stated in a statement...that Central Bank Governor Ali Mohsen Al-Alaq met in Dubai with the Chairman of the First Abu Dhabi Bank Group, Hana Al Rostamani, indicating that during the meeting it was agreed to launch financial transfer operations between the two countries and finance trade and imports between them. Iraq and the United Arab Emirates in the UAE dirham currency through First Abu Dhabi Bank"

 

Militia Man  Iraq is presenting that they're going international and they have been talking about it for a long period of time.  They've actually doing it for a long period of time and they're coming to fruition to where they've publicly told us they were going to start spending money and that could be as soon as around the 20th.  Then you have the end of the year dinar only.  They have the taxation in dinar on the same time frame.  These little bits and pieces they feed us, their time frames, we put it together...and we'll see how they roll out in the coming days.  It's a phenomenal process...

 

MarkZ  Most of my Iraqi people think we are within a couple of days. My banking people think we are within a couple of days. Just remember we don’t know the timing. But I am super excited.[Rumor]

 

Frank26  Question: 'How fast do you think the rate will increase [Once it floats]?' Frank: I always thought within a year. [Now] Anywhere within 3 to 6 months IMO.

 

Samson  Article: "The Governor of the Central Bank visits the branch of the International Development Bank in Dubai"

 

Walkingstick  Q?: [Why only [spend] 20% [of their budget] in 11 months?]  IOO they're waiting for a new exchange rate.  They're going to use their currency...pressure will be reduced on the citizens by adding value to their currency...Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing.  IMO they are telling them all so they will understand where the monetary reform process is at at this moment.

 

Pimpy  When this thing happens and it's gonna happen...we have no idea about 2024.  That doesn't mean it can't happen in 2024.  I'm anticipating a rate change happening in the first quarter as they get away from using the dollar and they use the dinar more, as they start doing business with these countries they did a currency swap with, the demand for dinar will increase and is it'll go up in value.

 

Frank26  [Beaver West Virginia Chase Bank Story] BANK STORY LADY: ...I got into the wealth department...The lady was very pleasant and nice and she said, ma'am I do have the currency...She explained they should be all set up a week from Friday.  FRANK:  I guess it's no secret.  Bank Story Lady:  I said I would love to be your customer.  You respect me, I will respect you...I asked what would I need to do?  She says just come right up in here to this branch office and we'll take care of you.  FRANK:  They're ready to do exchange with any foreign currency but they're not ready for the dinar until a week from this Friday.  Bank Story Lady: ...I said I do have dinars, but I do have others...[she says] Yes ma'am we should be ready a week from Friday.  FRANK:  They didn't deny the dinar will be exchangeable, they told you we'll be ready for the dinar a week from this Friday...that's the 21st or 22nd...

Mnt Goat  I asked [my CBI contact] what the next targeted steps were and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process.  I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq.  I was told this is close to being completed and should be done this week ending. This lines us up for next week to begin the currency sway [swap ?] out, but they told me it is delayed until further notice. [Post 1 of 2]

Mnt Goat  So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week. [Post 2 of 2]

 

 

[Dretown39]

Breitling Question: "These articles that keeps coming out where starting January 1st commercial transaction will only be in dinar - How significant is that? To me it sounds significant." Yeah, that's a big deal. It is. It's a super big deal because at a minimum it's the beginning of the end for them raising the value of their currency. It will be the beginning of it for sure.  

 

Light at the end of tunnel💯👊🙏

[Luigi1]

7 hours ago, ronscarpa said:

MarkZ   “Becoming International” and they are content with the changes they have made for Iraq to be fully recognized internationally.

 

FYI: 

IQD is already international.  Iraq just signed agreements to trade in their own currencies between Turkey, UAE & Egypt.

Last month Russia & China agreed with the same deal.  This makes the IQD internationally traded.   

IMHO.
 

[screwball]

6 hours ago, Dretown39 said:

Breitling Question: "These articles that keeps coming out where starting January 1st commercial transaction will only be in dinar - How significant is that? To me it sounds significant." Yeah, that's a big deal. It is. It's a super big deal because at a minimum it's the beginning of the end for them raising the value of their currency. It will be the beginning of it for sure.  

 

Light at the end of tunnel💯👊🙏

100% it’s the beginning of the end for them! And hopefully us! They must starting making a move! 

[NWGUY]

Getting very excited to see this end!  Everything is pointing in the right direction!  

[ronscarpa]

8 hours ago, Luigi1 said:

FYI: IQD is already international.  Iraq just signed agreements to trade in their own currencies between Turkey, UAE & Egypt. Last month Russia & China agreed with the same deal.  This makes the IQD internationally traded.   IMHO.

 

As much as I think Mark is a blowhard, I believe he was referring to it not being an international currency since it is still considered an exotic currency, and NOT yet traded on FOREX. Just because it has a few side agreements with a few countries (regardless of size) doesn't make it an internationally traded currency as defined by the IMF, World Bank, and the broader international markets. JMHO...RON 

[NMP2017]

9 hours ago, Dretown39 said:

Breitling Question: "These articles that keeps coming out where starting January 1st commercial transaction will only be in dinar - How significant is that? To me it sounds significant." Yeah, that's a big deal. It is. It's a super big deal because at a minimum it's the beginning of the end for them raising the value of their currency. It will be the beginning of it for sure.  

 

Light at the end of tunnel💯👊🙏

[PKN123]

Davis411, Thank you for forgiving me of what you called a shithead statement I'm really not sure what I said that was offensive I have been a platinum member for 15 years. I am now 72 years and just graduated from the University of Texas with yet another degree while I continued to work 70 hours each week in 2 separate hospitals. My time is valuable to me, but DV still holds my loyalty and my concern about Adam was sincere. I was the only member in the 2016 election that bet on Trump from the beginning when odds were $100 to 1 he would win. I won $4000. on that bet , it was Adam who told us about the odds. I am still betting the Dinar will finally revalue and we will all win. Sincerely, Paulette Newlin.

[yendor]

 

 

Frank26  1 to 1 is stupid...Did they not say their desire is to be on par 1 to 1 with the American dollar?  Did they not say their desire is to take that relationship and de-peg from the dollar and go into a basket where the dollar, ...instead of being pegged, will be paired with the dollar along with many other currencies...They told us that did they not?  I didn't make this up in my imagination.  This is the monetary reform plan...They told us about what is going to happen on the 1st...1 to 1 in a basket to start out with?  No.  IMO when it comes to calculating...look at inflation factors...M1, 2 and 3 figures ...No - 1 to 1 is stupid...it's ridiculous.

 

 

So, what happens when January 1st comes and there is no RV/RI and again February then March on into January 2025 and STILL no RV/RI what will these people be saying? Same ol' Same ol', huh?

[Shedagal]

8 hours ago, PKN123 said:

Davis411, Thank you for forgiving me of what you called a shithead statement I'm really not sure what I said that was offensive I have been a platinum member for 15 years. I am now 72 years and just graduated from the University of Texas with yet another degree while I continued to work 70 hours each week in 2 separate hospitals. My time is valuable to me, but DV still holds my loyalty and my concern about Adam was sincere. I was the only member in the 2016 election that bet on Trump from the beginning when odds were $100 to 1 he would win. I won $4000. on that bet , it was Adam who told us about the odds. I am still betting the Dinar will finally revalue and we will all win. Sincerely, Paulette Newlin.

@davis411

[davis411]

@PKN123

 

it was my shot at humor

looks like came across totally wrong

 

weird sometimes in my head I think it’s funny

sometimes Nope

merry Xmas 

[marilyn rose]

humor is always is in someones head one way or another...Im just glad to see three other platinum vets, not something one sees very often. Im a bit surprised at this juncture in time ADAM is still MIA. while we r all chewing at the bit now. 

   heres hoping. once again!!

[BETTYBOOP]

I get the feeling Adam is permanently MIA. and I would be surprised if we will even receive an email when this pops. 

[davis411]

18 minutes ago, marilyn rose said:

Im just glad to see three other platinum vets

Yep will try again

 

i hang out cause I enjoy the thoughts and the banter back and forth

like a deranged family you never met

 

plus I don’t have a life 

[nannab]

Good morning sunshine 😄

2 minutes ago, davis411 said:

Yep will try again

 

i hang out cause I enjoy the thoughts and the banter back and forth

like a deranged family you never met

 

plus I don’t have a life 

 

[davis411]

10 minutes ago, nannab said:

Good morning sunshine 😄

Good morning to you also

hope all is well

and merry Xmas 

 

[md11fr8dawg]

On 12/15/2023 at 12:26 AM, ronscarpa said:

they told you we'll be ready for the dinar a week from this Friday...that's the 21st or 22nd..

Well I guess the Ole Beaver missed that prediction seeing as how today is the 23rd and no RV, hmmmm!

[8th ID]

7 minutes ago, md11fr8dawg said:

Well I guess the Ole Beaver missed that prediction seeing as how today is the 23rd and no RV, hmmmm!

Don’t give up hope yet!!! 😂😂

 

After all, they haven’t spent their budget yet. They still have two days left. They said beginning on the 20th and be done with it in five days. That gives us till Christmas. Now, after Christmas if it hasn’t happened, I’ll buy you a beer and we can cry together over it till the first. 🍻😂😂

[nannab]

Merry Christmas!!!  Davis411 and Here is to our best New Year ever!!!!🤞 

[nannab]

1 hour ago, davis411 said:

Good morning to you also

hope all is well

and merry Xmas 

 

 

[wealthhound]

2 hours ago, BETTYBOOP said:

I get the feeling Adam is permanently MIA. and I would be surprised if we will even receive an email when this pops. 

Betty, I have total faith that when necessary, he will “suddenly” be available with all promised to those that have participated!

Merry Christmas 💜!

[Shedagal]

2 hours ago, BETTYBOOP said:

I get the feeling Adam is permanently MIA. and I would be surprised if we will even receive an email when this pops. 

I still hold out hope that we will, but I have prepared for not.  I might be wrong, but I do believe he comes on anonymously (See who's online) sometimes.  Like I've said before, he's posted in OSI/VIP a couple of times.

 

I almost feel sorry for the moderators.  Either they know no more than we do or they have been told to keep quiet.  I do remember them saying they had been in touch with him.

 

I also remember him saying that if it was imminent, he would be busy preparing for post-RV events and would not be giving everyone a heads-up.   

 

Time will tell.

[Bama Girl]

I hope the money we spent on VIP etc wasn’t in vain to gain the VIP members a more favorable cash out position.
I don’t care how “positive” the articles sound, it’s not happening until the “fat lady sings”. 
A lot of the articles posted are different people's opinions from different government entities  but I find it most difficult to believe the CBI would be sending out powerful signals that the RV or RI was imminent due to obvious potential problems. 
Only the CBI has the power to adjust the value of the Dinar. I do believe it will be in cooperation with the IMF and the U.S. Treasury but only they know. All imho. Having said all this, I would love to wake up Sunday morning in a lot better monetary position than I am Saturday night. 😌