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Thursday Afternoon Opinions @ 4:35 PM CST - 2/06/2025


ronscarpa
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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 ... :twothumbs: RON 



2-6-2025   Fnu Lnu  Here are the key components [of the new training happening now]:  First, Cross Border Payments - Iraq did a very poor job of remittances across borders which branded it as untrustworthy and undependable. This training will give Iraqi banks the necessary tools to completely eliminate the former days of suspicion. This will open up the wide world of trade which will in turn continue to drive up demand for this valuable currency.  Second, Financial Integrity - The banking industry has struggled with corruption and inefficiency...No one wants to take a chance on countries that cannot be trusted. This training is tackling these problems head on. Adherence to AML standards is a must. (Anti-Money Laundering) The mere involvement with K2 Integrity consultants, the gold standard...sends a clear message that Iraq is serious about becoming a global partner. This is the final piece of the RV puzzle. [Post 1 of 2]

2-6-2025   Fnu Lnu  So what does this mean to you as a Dinar investor?  It means the groundwork is being laid for the RV of the Iraqi Dinar. It is no longer a question of "IF" but but one of "WHEN"?  Only the most serious of potential global traders are tutored in the protocols of the Integrity and Cross Border Payments regimen. The RV has always been a matter of speculation but now we have tangible proof that it is about to happen. The INI wouldn't bother nor would the K2 consultants, if they didn't believe that Iraq is ready. We can now relax and wait for Iraq to acquire this training and apply it to the RV which has already been established. [Post 2 of 2]

 

2-6-2025   Militia Man  Iraq's had restrictions on her currency and currency transfers.  She hasn't been on the Forex in an international capacity.  Why?  Because...it has to do with the IMF...obligations...compliance and it has to do with currency transfers across the world for trade...The central bank is talking like she's going international...That sounds like having the ability to move her money, which is the dinar, across borders and to do trade.  It looks like Iraq has the ability to fully access the IMF's compliance with Article VIII and Article IV of IMF's requirements...which promote free convertibility of member currencies...It looks to me Iraq has gone as far as she possibly can in making an announcement...

 

2-6-2025  Clare  Article: "Trump Restores Tough Line on Iran—Includes Watch on Iraqi Banks, Gulf States Transshipment of Prohibited Goods"  Quote:  "U.S. President Donald Trump revived the tough line toward Iran... Two documents released by the White House:  National Security Presidential Memorandum/NSPM-2 and Fact Sheet: President Donald J. Trump Restores Maximum Pressure on Iran. NSPM-2 is addressed to 17 senior officials at 16 U.S. government agencies, including the State Department... NSPM-2 directs the Secretary of State to take immediate steps in coordination with the Secretary of the Treasury...to ensure that the Iraqi financial system is not utilized by Iran for sanctions evasion or circumvention and that Gulf countries are not used as sanctions evasion transshipment points.”

 

2-6-2025   Frank26  [Iraq boots-on-the-ground report] FIREFLY: Television is saying great efforts are being made to protect our national currency with counterfeit and money laundering. FRANK:  That's true.  There is a very great effort being put to protect your national sovereign currency ...And it will have a new exchange rate to match it.  All the monetary reform education taught to you up to this point is what's going on.  The training at the border is playing an important part in the security of your currency.  IMO your dinar is about to become the most powerful currency in the world surpassing Kuwait.

 

2-6-2025   MarkZ  Article: “Parliamentary Finance discusses with a US delegation the file for contracts of foreign oil companies operating in Kurdistan”  They are getting things sorted out to put final numbers on the budget tables for HCL.   Big things are going on.

 

2-6-2025   Mnt Goat  Article: "PARLIAMENTARY FINANCE COMMITTEE “EXPLODES A SURPRISE” REGARDING THE COST OF EXTRACTING OIL FROM THE KURDISTAN REGION" Kurdistan has always wanted a bigger % of the oil proceeds as the % now allocated is not enough. The cost of extraction varies by oil well and this has been the reason all along why the Kurds are illegally selling their oil outside of the pumped metered system. This can easily be remedied but Baghdad has to take the time to listen and then take actions to reason with the Kurds on this matter. They are going to work it out as the budget amendments have been passed.

 

 

*** Wednesday Midnight Opinions ***

 

 

2-5-2025   Frank26   Even if the budget comes out at the old rate, don't panic.  Sudani knows what he's doing.  The  longer he can hide this form parliament the better...All the information about the new exchange rate has not been released yet, but within...13 days this budget will expose itself.  It has no choice...This budget has no choice but to show its true colors in order for it to come to life...A new exchange rate cannot wait much longer.
 

 

2-5-2025   Clare Article "Two experts to {Sabah}: Iraq's cash reserves are {reassuring}" Quote "Academic Dr. Nabil Al-Marsoumi Iraq ranked third in the Arab world in terms of foreign exchange reserves for the year 2024...to (106.7) billion  dollars in 2024 according to data from the Central Bank of Iraq...He added that the country has large cash reserves, which are  greater than 100 percent of the volume of the issued currency..."

 

2-5-2025   Sandy Ingram   Over time the Dong's value decreased, making it one of the lowest-valued currencies in the world.  Despite this, Vietnam's economy has grown rapidly in recent decades, and the dong remains a crucial symbol of the country's resilience and independence.  The word Dong means copper in Vietnamese, a nod to the traditional copper coins used in ancient times...You can trade the VND on the Forex Market or you can do what many investors...have done and that is purchase the currency...and wait for the value to increase.   

 

2-5-2025   Militia Man  I think we all know the United States is sitting on a very large stack of Iraqi dinar.  Probably many other currencies as well because if we know about it they know about it.  If we can figure it out, they probably have.  They're one step ahead of us.  That's a good thing because if this is a benefit for the United States of America and if it's a benefit for Iraq and if it's a benefit for other Middle Eastern countries...let's get going.

 

2-5-2025   MarkZ  Article: “Iraq and Jordan agree to reorganize entry of goods” They are working on a joint economic city on the border so this will become a “border city” or a trade city for both sides. Jordan is widely accepted as a friend to all westernized countries and will open up an enormous door for Iraq internationally.  This is big and exciting news.

 

2-5-2025   Frank26  IMO they are using the lower notes at the [Iraqi] border for training.
 

 

2-5-2025   Clare   Article: "Trump cancels US exemption for Iraq to import electricity and gas from Iran"  Quote: "US President Donald Trump canceled, on Wednesday, the exemption granted to Iraq to import electricity and gas from Iran, as part of the new package of sanctions on Iran...It also includes taking immediate steps, in coordination with the Secretary of the Treasury and other relevant agencies, to ensure that Iran does not use the Iraqi financial system to evade or circumvent sanctions, and that the Gulf States are not used as a transshipment point to evade sanctions"

 

 

:tiphat:

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27 minutes ago, BETTYBOOP said:

I have just read the goats newsletter published today. Taking what she said and what fnu lnu has said things make better sense to me. I believe if trump had got his 2nd term in 2020 , we would not be sitting here. 

I'm sorry BB, and to all you who thnk Trump will do this...but I don't think he has anything to do with the dinar.  I definitely don't think he owns any. Why would one of the richest people in the world want to be part of this? And on that side of the coin, I wouldn't think he wants millions of people to become instantly wealthy, in his social class so to speak. Think about it, he wants all of us to be on his level, or them think they're close enough to?  And the whole 'the US will make millions on taxes' is just an excuse to believe he will do this for us,imo.  I just don't see it, sorry.

Edited by hspotman
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7 minutes ago, hspotman said:

wouldn't think he wants millions of people to become instantly wealthy, in his social class so to speak. Think about it,

incorrect...he will get taxes.......as for him owning dinar hes legally NOT allowed to say he has it whilst President and to my knowledge he has never said he owns it...He has in interview said that Iraq ill repay America for the cost of the war and that in his words would be in the "trillions" he also said they have Iraq's money???? read into that what you wish! so I believe BB is correct by saying if TRUMP had won in 2020 we would not be sitting here!

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51 minutes ago, ronscarpa said:

to ensure that Iran does not use the Iraqi financial system to evade or circumvent sanctions,

this means they must join the system....they use nuclear weapons and terrorism as an excuse to stay out of the system...this will change very soon....

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55 minutes ago, ronscarpa said:

2-5-2025   Militia Man  I think we all know the United States is sitting on a very large stack of Iraqi dinar. 

yes through currency swap arrangements dinar for USD....USA will then use Dinar to buy oil..Iraq used USD used to rebuild, survive and Iran smuggled USD through bogus banks, auctions etc to fund their bullshite...

Edited by screwball
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58 minutes ago, ronscarpa said:

2-5-2025   Sandy Ingram   Over time the Dong's value decreased, making it one of the lowest-valued currencies in the world.  Despite this, Vietnam's economy has grown rapidly in recent decades, and the dong remains a crucial symbol of the country's resilience and independence.  The word Dong means copper in Vietnamese, a nod to the traditional copper coins used in ancient times...You can trade the VND on the Forex Market or you can do what many investors...have done and that is purchase the currency...and wait for the value to increase.   

I had a look at my dong in storage its interesting i have 500,000 dong note but they have the three zeros enclosed and a decimal point in between the 500 and three zeros????? is this them showing their hand does this mean a 500,000 dont note will become 500.000 as displayed a 500 dong note????

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@hspotman why are you apologising? You are entitled to your opinion... SO STOP APOLOGISING NOW! Boop demands it! I don't think he has dinar but I think he can reverse the damage the last lot sis. However  I also think we would be surprised by who owens it. The way o see it, trump wants the best for the USA and it's people regardless of race , creed , colour or religion , provided you are in the country legally. As a nation you are exceptionally lucky maybe even blessed, to have a leader who wants that for his own country and the people. I do believe if he had gotten his second term In 2010 we truly would not be sitting her. Iraq would have needed to fulfil  the Greement they made woth him which they haven't. Trump might not be able to make them RV but he can certainly push them to do things that should have been done a long time ago. 

 I am sitting in a beautiful wee country called S otland and it is falling apart and in in its knees. We npe have many of the immigration and economic issues you all had with the last lot. . I dread to think what is going to happen to is of we can't get rid of the dictatorship we are now living under.  Trump wants you all to prosper; so I think he would be happy to see nprmL people gain from this. Consider how all the projects many in this forum have planned which would help the economy my and humanity.  Surely3 that would something worth aspiring to. In reality, I think you would be lucky if 1 % of the world population has di ar. Yes it seems there is  a lot of us when you sit and blether in the forum bit really there is only a tiny spec of us. So there would NPT be million of folks becoming millionaires over night. Take care amd stick with it even if you doubt things just now. We all have those days. 

Boop x

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1 hour ago, screwball said:

I had a look at my dong in storage its interesting i have 500,000 dong note but they have the three zeros enclosed and a decimal point in between the 500 and three zeros????? is this them showing their hand does this mean a 500,000 dont note will become 500.000 as displayed a 500 dong note????

This is what came up on line. It is a 500,000 note. Overseas periods are used in lieu of commas. Thoughts?

65ca1a3c37c767.33491922-360.jpg

65ca1a4112ae69.44780004-360.jpg

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2-6-2025   Fnu Lnu  So what does this mean to you as a Dinar investor?  It means the groundwork is being laid for the RV of the Iraqi Dinar. It is no longer a question of "IF" but but one of "WHEN"? 

 

Agree.

Budget Amendment passed, Kurds paid, Kurds Resume Oil shipments to Baghdad,

This tells me he Budget & HCL are done.  We are waiting on right timing & nothing more.  IMHO.

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1 hour ago, screwball said:

Think about this Obama had been funding Iran to wage war which they are under sanctions....cut their funding off off starve them, people will rot, government will fall and they will stop any nuclear intentions and re-join the financial system.

 

Yup.

OBiden passed on classified Intel to Iran.

Democrats did nothing but get in the way, hindered Middle East peace, or stopped the process, altogether.

Israel sets the record straight after OBiden tried to take credit for the cease fire & hostage release.

Israel gives all the credit to Trump.   IMHO.

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2 hours ago, screwball said:

incorrect...he will get taxes.......as for him owning dinar hes legally NOT allowed to say he has it whilst President and to my knowledge he has never said he owns it...He has in interview said that Iraq ill repay America for the cost of the war and that in his words would be in the "trillions" he also said they have Iraq's money???? read into that what you wish! so I believe BB is correct by saying if TRUMP had won in 2020 we would not be sitting here!

Well of course I hope you and BB are correct, I just have a very different opinion of our POTUS than some. 

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14 hours ago, hspotman said:

I'm sorry BB, and to all you who thnk Trump will do this...but I don't think he has anything to do with the dinar.  I definitely don't think he owns any. Why would one of the richest people in the world want to be part of this? And on that side of the coin, I wouldn't think he wants millions of people to become instantly wealthy, in his social class so to speak. Think about it, he wants all of us to be on his level, or them think they're close enough to?  And the whole 'the US will make millions on taxes' is just an excuse to believe he will do this for us,imo.  I just don't see it, sorry.

 

 

I'd tend to concur with your take, hspotman.....

 

In the end we will see I guess......

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14 hours ago, screwball said:

incorrect...he will get taxes.......as for him owning dinar hes legally NOT allowed to say he has it whilst President and to my knowledge he has never said he owns it...He has in interview said that Iraq ill repay America for the cost of the war and that in his words would be in the "trillions" he also said they have Iraq's money???? read into that what you wish! so I believe BB is correct by saying if TRUMP had won in 2020 we would not be sitting here!

 

 

Ok...I didn't know about this....Again...We will see

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14 hours ago, screwball said:

Think about this Obama had been funding Iran to wage war which they are under sanctions....cut their funding off off starve them, people will rot, government will fall and they will stop any nuclear intentions and re-join the financial system.

 

 

But people are already in generally dire conditions  over there.......About re-joining the financial system....I believe they expressed the intention to enter BRICS or they did already

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2 hours ago, umbertino said:

 

 

Ok...I didn't know about this....Again...We will see

I didn't mean that the US 'wouldn't' get taxes off this event if it happens...I was only inferring to people use that statement to help justify this rv. Nothing more, nothing less.

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20 hours ago, hspotman said:

I'm sorry BB, and to all you who thnk Trump will do this...but I don't think he has anything to do with the dinar.  I definitely don't think he owns any. Why would one of the richest people in the world want to be part of this? And on that side of the coin, I wouldn't think he wants millions of people to become instantly wealthy, in his social class so to speak. Think about it, he wants all of us to be on his level, or them think they're close enough to?  And the whole 'the US will make millions on taxes' is just an excuse to believe he will do this for us,imo.  I just don't see it, sorry.

Read somewhere on X post that he is holding $50B dinar. 

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26 minutes ago, dacklen said:

Read somewhere on X post that he is holding $50B dinar. 

There are a lot of gullible people on X. Just read their posts. Much of how we all thought when we were all green too. They will learn what to believe and not to believe.

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What folks need to know/understand is that Iraq went to the U.S. a long time ago stating to whomever they needed to talk to that they (Iraq)wanted to restructure their currency. U.S. helped them with that so I'm pretty sure that government officials over here is holding dinar. It's not something to make a big deal about.

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