"RV UDATE" BY PIMPY, 8 JAN

 Pimpy 

 You'll see changes IMO after the end of the 1st quarter of this year.  I might be wrong on that but I'm anticipating.  With all the trading they're doing, the fact that they got rid of the dollar, that is going to cause the Iraqi dinar to increase in value to the point where they might have to change the exchange rate...But any major major changes like 12 to 1 that's not small.  That's a big change in the exchange rate.  

 In 2003...for every 1 IQD you got back $1.53 of US money.  That's what it was in 2003. 

 They're saying 12 to 1  [possibly revisit/consider the change in 2026].  If they implemented that tomorrow I would not have any dinar left over.  I'll take 12 to 1.  I can pay off my house as well as a lot of other debt and start all over debt free plus having pretty church of change to put toward my retirement.  [Note:  Use the free Dinar Guru Calculator at the top of this page to determine how much dollars that means to you.]

Community Comment "The bad part would be when you minus taxes on it."  Yeah, it's going to be capital gains tax...Whenever you're dealing with foreign currencies as an investment you're dealing with capital gains. [NOTE:  Speak to your tax professional at the appropriate time to determine the right tax for your unique situation.]

To see any real significant change in Iraqi dinar, no.  I just can't imagine that happening anytime really soon.  They're too dependent on oil.  As Iraq continues to change that situation that's better for Iraqis plus those holding on to the Iraqi dinar altogether. You can't rely on oil for 95% of your budget.  If oil crashes then guess what, so does that country.  Period. 

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-pimpy-7-jan_01113939017.html

Iraqi dinar from $3.22 to $4.50 | The Forex Rollercoaster of Iraq's Curr...

Exporting more than 5 million barrels of Iraqi oil to America in a month, 8 JAN

Exporting more than 5 million barrels of Iraqi oil to America in a month

 Shafaq News/ The US Energy Information Administration announced on Monday that Iraq’s oil exports to America amounted to more than 5 million barrels during last December.

A table published by the administration, viewed by Shafaq News Agency, showed that Iraq exported 5.611 million barrels of crude oil to America during the month of December, with an average of 181 thousand barrels per day, higher than the month of November, in which Iraqi oil exports to America amounted to 5.130 million. barrels and an average of 171 thousand barrels per day.

He added that Iraq exported crude oil to America during the first week of January at an average of 85,000 barrels per day, while it exported an average of 22,000 barrels per day in the second week, and exported an average of 380,000 barrels per day in the third week, indicating that exports in the fourth week reached an average of 239. One thousand barrels per day.

The US Energy Information Administration stated that “Iraq came in fifth place in its exports to America during the past month after Canada, Mexico, Saudi Arabia, and Brazil. It also came in second place in the Arab world after Saudi Arabia, whose exports to America amounted to 7 million barrels, indicating that Canada came in first place.” As the country that exports the most oil to America, followed by Mexico.

shafaq.com

"RV UPDATE" BY MILITIAMAN, 8 JAN

 Militia Man

  Article:  "URGENT: The Baghdad Stock Exchange operates on the “NASDAQ” system, and foreigners and banks have become more investors"  

This is a very good sign that Iraq is opening to the world...Take notice of what they say about what currency the shares will be denominated in.. The Iraqi dinar. Take even more notice that they are telling the world that the shares will be affected by the exchange rate. With the expectation of a rate change to be stronger than the dollar one could imagine the impact that is already having and how much more growth there will be. This is a very good sign of things to come. I am so ready...

The Central Bank of Iraq is giving out instructions for what they're doing and how they're doing it...I think you should be pretty excited because I know I am...

They've totally said they're going to cease using multi currencies.  You go to the grocery store, you pay your bills inside the country you're going to be doing it in dinar.  You're not going to be using the dollar.  You're not going to use the yuan, yen or any of those things. You're going to be using one currency ...

The dollar exchange rate will stabilize with the broader launch of the budget...

 The United States Treasury, the US Federal Reserve Bank, the Bank of International Settlements, World Trade Organization, the EU, many different entities have been working with Iraq to get her to go to an international standard.  The stage is set for Iraq to be international... Everybody should know that and it's not just a simple Dinar Guru situation, it's actually the largest financial entities in the world are the ones that are giving us this information.   I hope you take that to heart and pay attention to it.

All of this is coming together. There's no reason for any pessimism or snide remarks for anybody around in dinarland... There's shouldn't be any doubt anymore that this is a real process and it's underway...

 Iraq is going to be interconnecting with international countries and they're going to be doing it by International standards and guess what they're not going to be doing that with a 1310 program, or I call it, a  punishment rate..

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-militiaman-3-jan.html

Iraqi Dinar Latest Exchange Rate In Opening-Iraqi Dinar News Today-IQD U...

Politician: Isolating Al-Halbousi stopped the project to divide Iraq, 8 JAN

Politician: Isolating Al-Halbousi stopped the project to divide Iraq

Information/Private..
The leader of the United Anbar Alliance, Abdul Wahab Al-Bilawi, on Monday, attributed the delay in choosing a replacement for the expelled Speaker of the House of Representatives, Muhammad Al-Halbousi, to the political parties conspiring with progress, while he stressed that the removal of the latter from the position of Speaker of Parliament stopped the project to divide Iraq.

Al-Bilawi said in an interview with the Maalouma Agency, “Al-Halbousi took advantage of some parties by forging and manipulating the results of the provincial council elections,” noting that “the complicity of some politicians prevented Al-Halbousi from being held accountable for the crime of fraud.”

He continued, “Most political forces refused to vote for a candidate who came forward in order not to participate in the forgery and numerous illegal cases,” noting that “the removal of Al-Halbousi from the position of Speaker of Parliament stopped the project to divide Iraq.”

Al-Bilawi added during his speech: “Postponing the vote on the speaker of a new parliament gave illusionary power to Al-Halbousi during the elections,” adding that “the delay in choosing a replacement for the expelled Speaker of the House of Representatives, Muhammad Al-Halbousi, is due to the political parties conspiring with the Taqadum Party.”

The representative of the coordinating framework, Thaer al-Jubouri, had confirmed in an interview with the “Maalouma” agency, that “the identity of the replacement for the expelled Speaker of the House of Representatives, Muhammad al-Halbousi, has been identified,” while he confirmed that there is a consensus among the political forces affiliated with the coordination framework to nominate Representative Mahmoud al-Mashhadani for the presidency of Parliament.

almaalomah.me

"RV UPDATE" BY TEXAS SNAKE, 8 JAN

 Bearded PatriotUSA

Telegram post
1/7/23

Forwarded from Texas Snake:

Well the call confirmed what I had heard and was going to share. There are more rumors and tentative release dates than anyone can keep up with starting today thru the end of March but the folks I am hearing from are suggesting our notifications will occur between the 10th and 12th of this month with exchanges commencing somewhere between the 18th and 20th with a maximum initial cash distribution via debit card of 10k with balance due deposited in your new QFS Account within 10 to 15 business days after your exchange. Is there confirmation of this via official agencies, NO, but the exchange centers are preparing for the dates suggested to schedule appointments.   Best I have at the moment…….

https://t.me/Bearded_PatriotsUSA/11616

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Telegram post
1/5/23

Forwarded from Texas Snake:

It is 2300 hours on the 4th of January and while I have no definite date or time I am encouraged based upon preparations dealing with exchange center preparations I have become privileged to learn about that our window drawers nearer and nearer. GOD Bless you folks for hangin’ in there.

https://t.me/Bearded_PatriotsUSA/11304

https://dinarevaluation.blogspot.com/2024/01/exchange-centers-by-texas-snake-6-jan.html

Tues. 2 Jan. 2024 Texas Snake: 

• “The WF Banker is back in Texas and does not anticipate on returning to the West Coast until we have concluded our exchange process and his job in these five states has concluded. He seemed very positive it wouldn’t be that long a period before he could rejoin his family.”

Folks, as I have stated before the world economy cannot continue without the RV and the powers that be know this. On Fri. 23 Dec. I spoke with a banker contact. He was going to Los Angeles or San Francisco to spend the holiday with his family. He indicated that point it might be much later  into January before we did anything.

 So today (Thurs. 28 Dec.) since I hadn’t heard from him, I called and spoke to his Assistant. She said he’s planning to fly back into Texas  tomorrow Fri. 29 Dec. He’s got these five stages he’s involved with. He’s training a number of Wells Fargo bankers on the procedures that they have to follow in order to do exchanges. 

He said that everyone that goes through an exchange process will be getting some type of a new Credit Card/ Debit Card that hooks into the QFS system. At your exchange you will get at least one or two percent of whatever you’re going to exchange immediately put on that card. They will open a new account for you, or possibly multiple accounts.

 If you have more than one currency and wish to open an account for each currency, they will do all that at your exchange meeting. Then it will be 10 to 20 days after that funding will actually appear in your new accounts. I think he said it was a $10,000 dollar debit card to leave the exchange process with so you have funding at least up to 10 grand to do certain things you may need to do. 

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-texas-snake-4-jan.html