ronscarpa Posted January 3 Report Share Posted January 3 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 Question: "When you say, managed float, if it hits Forex tonight and comes out let's call it $0.22...if that thing shot up to $1.00 in 24 hours are they going to try to restrict it?" There has to be more growth. You would de-stabilize the economy. They're just now getting on their feet. The last thing you want to do is drop some huge exchange rate in their laps because it effects all businesses...there's a lot more involved. I'm not saying it's not going to go up in value. Obviously...I believe that it's gonna go up in value but I'm not a person that supports...we're gonna get a $3.22 rate. Walkingstick The evidence for the monetary reform was perfectly set up at the start of 2024. If that's the case, what happened? Ka-ka happens. Things happen. It is what it is. What...I'm very very excited about, it's not about rumors..Iran stealing...lies...our government here in the United States of America...Right now what it is, is they are announcing the monetary reform to the Iraqi citizens. There talking about the float and the reason why they're talking about the float IMO is because that's the next phase... 1 5 3 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted January 3 Report Share Posted January 3 Seems those who think they're in the know all believe it is still on and close... CL 1 2 3 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted January 3 Report Share Posted January 3 Let's not forget, Iraq banks are still closed. It's a one-week holiday in Iraq. I'm still expecting something big to happen. IMHO. 1 4 5 3 Quote Link to comment Share on other sites More sharing options...
stanleypower Posted January 3 Report Share Posted January 3 1 minute ago, Luigi1 said: Let's not forget, Iraq banks are still closed. It's a one-week holiday in Iraq. I'm still expecting something big to happen. IMHO. I thought they reopened today? 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted January 3 Report Share Posted January 3 3 minutes ago, stanleypower said: I thought they reopened today? So did I, didn't Iraq move the payments to today because banks were closed on the 2nd? 1 Quote Link to comment Share on other sites More sharing options...
NWGUY Posted January 3 Report Share Posted January 3 I was hoping for the 1st with the banks requiring their employees to work over the weekend, but I am sure that it will take a little longer for something like this. I have heard over the years they needed at least 3 days to get it done, but if it takes a little long...all good with me! 3 Quote Link to comment Share on other sites More sharing options...
cody406 Posted January 3 Report Share Posted January 3 10 minutes ago, NWGUY said: I was hoping for the 1st with the banks requiring their employees to work over the weekend, but I am sure that it will take a little longer for something like this. I have heard over the years they needed at least 3 days to get it done, but if it takes a little long...all good with me! 5 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted January 3 Report Share Posted January 3 So are they opening tomorrow and then closed again Friday n Saturday? 1 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted January 3 Report Share Posted January 3 14 minutes ago, BETTYBOOP said: So are they opening tomorrow and then closed again Friday n Saturday? My guess, the banks will be open on Friday. Saturday is their Holy Day, if I'm not mistaking. Their banks were supposed to be closed from the 30th to the 3rd after a five-day holiday. Iraq celebrates both New Year & Islamic New Year. 1 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted January 3 Report Share Posted January 3 1 hour ago, Longtimelurker said: So did I, didn't Iraq move the payments to today because banks were closed on the 2nd? My error. It looks like the banks are trading today from this updated article... Goldilocks: Intel: Dee and I did get confirmed in a meeting with our CBI contact that the Iraqi Dinar is currently trading through electronic mechanisms. As their currency expands into the International stage this year, they do expect to have a currency with a higher value as the year progresses. This is a learning curve for them as well as other currencies around the world as many of them began the process of trading in their own currencies on an official level today. We did schedule a meeting with our contact and other members of their IT Department for later this week or early next week. © Goldilocks. 2 2 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted January 3 Report Share Posted January 3 26 minutes ago, Luigi1 said: My error. It looks like the banks are trading today from this updated article... Goldilocks: Intel: Dee and I did get confirmed in a meeting with our CBI contact that the Iraqi Dinar is currently trading through electronic mechanisms. As their currency expands into the International stage this year, they do expect to have a currency with a higher value as the year progresses. This is a learning curve for them as well as other currencies around the world as many of them began the process of trading in their own currencies on an official level today. We did schedule a meeting with our contact and other members of their IT Department for later this week or early next week. © Goldilocks. All good Luigi1 👍 We're all trying to figure this out together. 1 1 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted January 3 Report Share Posted January 3 37 minutes ago, Luigi1 said: My guess, the banks will be open on Friday. Saturday is their Holy Day, if I'm not mistaking. Their banks were supposed to be closed from the 30th to the 3rd after a five-day holiday. Iraq celebrates both New Year & Islamic New Year. Any excuse to take a few more days off lol 😂 1 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted January 3 Report Share Posted January 3 @Luigi1 Who is Goldilocks? I've yet to run across her anywhere. 1 1 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted January 3 Report Share Posted January 3 Friday is their holy day. Saturday is there normal day off. The great prayer gets said in the mosques on fridays 1 1 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted January 3 Report Share Posted January 3 14 minutes ago, Longtimelurker said: @Luigi1 Who is Goldilocks? I've yet to run across her anywhere. I think she is part of bond ladies corner.. so not really a guru 1 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted January 3 Report Share Posted January 3 37 minutes ago, BETTYBOOP said: I think she is part of bond ladies corner.. so not really a guru Ty. Where do I find bond lady? 2 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted January 3 Report Share Posted January 3 @Longtimelurker. I think if you just google bond ladies corner you should find it. @Luigi1 bring quite a bit from it so he would be better to advise 2 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted January 3 Report Share Posted January 3 4 minutes ago, Longtimelurker said: Ty. Where do I find bond lady? Bond Lady unfortunately passed away several years ago and apparently someone else continues to manage her site. 2 1 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted January 3 Report Share Posted January 3 2 minutes ago, wealthhound said: Bond Lady unfortunately passed away several years ago and apparently someone else continues to manage her site. From what I recall, some good info came from Bond Lady’s Corner back then. 2 1 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted January 3 Report Share Posted January 3 1 hour ago, wealthhound said: From what I recall, some good info came from Bond Lady’s Corner back then. Her info now doesn't seem to bad either, whoever it is.. 2 2 Quote Link to comment Share on other sites More sharing options...
currenzcraze Posted January 4 Report Share Posted January 4 After Bond lady passed away the site floundered, but info was good. 1 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted January 4 Report Share Posted January 4 6 hours ago, Longtimelurker said: Ty. Where do I find bond lady? Bondlady's Corner mods are mainly dinar information & news commentators. They are not real Gurus. Their comments can be found on many other alternate Dinar Sites. 3 Quote Link to comment Share on other sites More sharing options...
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