Wednesday Early morning News & Opinions @ 7:58 AM MST - 12/03/2025

[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 

 

 

12-3-2025  MarkZ  I very much believe the CBI has submitted a new rate to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened,  so I believe it.  I have heard it from several sources.

 

12-3-2025  Mnt Goat  My Saturday call to Iraq: My contact told me...the project to remove the zeros is still targeted for December, be patient and instructions are ready to be posted in the news on how to conduct the swap out. Article: "Iraq is set to implement a new currency mechanism on December 1, 2025" Quote: “includes the introduction of a central bank digital currency (CBDC) and a redenomination plan.” The CBI intends to being [begin ?] the redenomination plan or remove the zeros. This means to replace the larger three zero notes with the lower denominations.  When this occurs we know the IQD rate will be about 75 cents in-country until they collected what notes they need to collect.

 

 

[BETTYBOOP]

I pray that the goats explanation of how this is all going to work is true and accurate. 

[Luigi1]

MarkZ  I very much believe the CBI has submitted a new rate to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened,  so I believe it.  I have heard it from several sources.

 

 

Only a handful of people know the date & the rate & it's not the Gurus & their sources.

Go RV.

[Shedagal]

56 minutes ago, Luigi1 said:

MarkZ  I very much believe the CBI has submitted a new rate to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened,  so I believe it.  I have heard it from several sources.

 

 

Only a handful of people know the date & the rate & it's not the Gurus & their sources.

Go RV.

In my much earlier life, I was an administrative assistant to the Exec. VP of a large institution.  As such, I was very aware of the goings on of the Board's decisions.  Of course, we were expected to keep quiet, but it was amazing how it would end up in the newspaper.  Sometimes one of the culprits was suspected to be a board member wanting to get it out there.

[Luigi1]

28 minutes ago, Shedagal said:

In my much earlier life, I was an administrative assistant to the Exec. VP of a large institution.  As such, I was very aware of the goings on of the Board's decisions.  Of course, we were expected to keep quiet, but it was amazing how it would end up in the newspaper.  Sometimes one of the culprits was suspected to be a board member wanting to get it out there.

 

Here's my view on MZ, Bruce & Mnt Goat...

They are not true Gurus...they are news commentators...there's a difference.

MZ, Bruce & Mnt Goat base their opinions on what they hear in Dinar related news.

They are only as good as their sources are.

 

Sometimes, People,  especially Bruce...puts way too much faith & trust in their sources. 

 

Not saying they are bad people...be careful of your sources no matter how good their intentions are.

 

Here's a prime example: a Guru started a rumor over the weekend of the Dinar RV at $1 in Iraq & $4 international.

 

Many Gurus jumped on the bandwagon & ran with the same rumor.  all IMHO.

[Shedagal]

5 minutes ago, Luigi1 said:

They are only as good as their sources are.

 

Agree.

[NWGUY]

There have been a whole lot of Guru's over all these years, and still not one has been accurate.  We wait!    

[screwball]

7 hours ago, ronscarpa said:

My contact told me...the project to remove the zeros is still targeted for December, be patient and instructions are ready to be posted in the news on how to conduct the swap out

i could have said that, i believe i said if the planning on a Jan rv we should see stuff come out late nov or dec!

[screwball]

I do believe the "how to" wont happen until they do it, but could be wrong...they have already posted about bank and cash handling procedures...

[screwball]

they could post night before or when banks are closed??

[screwball]

6 hours ago, Shedagal said:

In my much earlier life, I was an administrative assistant to the Exec. VP of a large institution.  As such, I was very aware of the goings on of the Board's decisions.  Of course, we were expected to keep quiet, but it was amazing how it would end up in the newspaper.  Sometimes one of the culprits was suspected to be a board member wanting to get it out there.

i sat on the leadership team for department of Justice and let me tell one of the high ranking official was used to leak stuff.....people could not keep secrets

[screwball]

7 hours ago, ronscarpa said:

12-3-2025  Mnt Goat  My Saturday call to Iraq: My contact told me...the project to remove the zeros is still targeted for December, be patient and instructions are ready to be posted in the news on how to conduct the swap out. Article: "Iraq is set to implement a new currency mechanism on December 1, 2025" Quote: “includes the introduction of a central bank digital currency (CBDC) and a redenomination plan.” The CBI intends to being [begin ?] the redenomination plan or remove the zeros. This means to replace the larger three zero notes with the lower denominations.  When this occurs we know the IQD rate will be about 75 cents in-country until they collected what notes they need to collect.

 

 

if they are planning on Jan 1st kick off then I would expect something to hit the news around christmas time!

[md11fr8dawg]

Well come on Santa, bring that big news for Xmas!!