"THE REDEMPTION CENTERS ARE THE SAME AS THE BANKS" BY FNU LNU, 29 AUGUST

 Fnu Lnu 

 With the RV drawing near, the crazies are coming out of the woodwork...

First of all, The redemption centers ARE the same as the banks. They are merely off premises due to an expected increase in traffic. They are not separate entities. 

Secondly..."The Law of One Price"...states an instrument cannot be sold in different markets at different prices.

 In other words, the "redemption Centers" (banks) are NOT going to offer you an exchange rate three times what the "Banks" give you. IT IS ILLEGAL! The rate will be the rate no matter where you go. 

The only thing that may differ is the percentage of the fee.  This fee is usually 2% but that isn't etched in stone.

--

Fnu Lnu 

 It has been reported that Hezbollah plans to open a HQ in Baghdad and implied that Baghdad will allow it. PLEASE! ...Nuri Al Maliki owns all but one newspaper in Iraq...and is Iranian sympathetic ... Next, think the United States is ever going to leave Iraq? ...That will never happen...Do you...think the United States military is, for one minute, going to allow Hamas or Hezbollah, or any other Iranian proxy group to set up shop in Baghdad, no less? This is commonly known as fear porn and has zero credibility...

Fnu Lnu   

[Response to Guru Henig post 3-16-2024 below] The taxation issue is not complex and I  have it directly from the taxing authority (IRS) and an agent within the IRS. The taxation will be a matter of choice (YOU DECIDE).  You may either pay tax as "REGULAR INCOME" or as Capital Gains. YOU CHOOSE! Depending on your structuring for tax  advantages...Regular Income is the easiest way to deal with the income/profits as it is amenable with classic Asset  Protection...The notion that you must have receipts is not true because you can choose Regular Income. 

  It is also not true that one must have a receipt or pay 40-50% in taxes. The tax code is  written for both kinds of people. Those who pay taxes and those who do not. Guess which side the rich are on? They use Asset  Protection...to defer and reduce...tax liabilities and anyone can do it...Do not be misled. Consult an ASSET PROTECTION ATTORNEY and forget the rest of what you hear and read. 

https://dinarevaluation.blogspot.com/2024/07/rv-update-by-fnu-lnu-18-july.html

🔥 Iraqi Dinar 🔥 Being Distributed 🔥 Today IQD Value to Dollar RV News Gu...

Digital platform for financial efficiency books, financing plans and their controls , 29 AUGUST

 Digital platform for financial efficiency books, financing plans and their controls

August 28, 2024

Based on the Central Bank of Iraq Law No. (56) of 2004, as the sectoral body supervising the work of all licensed financial institutions, and within the framework of this bank’s orientation towards automating the work of the banking sector, as well as supporting government efforts in implementing its contracts, a digital platform was created that includes establishing a new mechanism for issuing (financial efficiency books, and financing plan books) from all licensed banks, and their controls ..

 For more, click here

https://cbi.iq/news/view/2656

"INTERESTING QUOTE FROM SALIH" BY KAPERONI, 29 AUGUST

 Kaperoni  

Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" 

 Interesting quote from Salih in that article... 

Quote:  "The strength and stability of the Iraqi dinar will remain linked to the factors of real growth and diversity in the national economy,"

 Kaperoni

  Article 1: "Is it time to remove the zeros?

"Article 2: "Is Iraq heading towards printing new paper currency?"  

These articles discuss a LOP...Iraq is converting to digital currency over time removing the paper money.

 Kaperoni 

   The discussion in Iraq is not an RV but a currency exchange LOP.  Symposiums were held last fall to educate many of the citizens on such an event.  There would be little to no gain, in fact, based on the numbers published it would be a loss if they did so.

 Kaperoni  

Community Comment: "Seems like there's some good news & some so not good. I have the feeling we aren't close, by a long shot."  

I pointed out a few months ago that Iraq was ending the currency auction at the end of  this year.  Nothing is going to happen with the dinar until after that and they begin to diversify their economy.

Kaperoni 

  The Iraqi dinar is a currency of a country it's not a lottery ticket. There is no magical RV...Owning dinar is risky, which may strengthen over time, but it's a long-term investment.

 Article:   "Iraq speeds up steps to join WTO"  Those that follow me know that we posted information that stated the Central Bank of Iraq planned to end the currency auctions at the end of this year, joining the WTO sometime next year would also benefit them.

Kaperoni 

 Seems to be a lot of hype lately that people are getting excited for some Dinar RV.  Not how currencies work. Iraq has a lot of work to do...If and when the dinar goes up in value it will be based on the success and growth of Iraq's economy. 

Kaperoni 

  Community Comment: "Does this have a negative, positive or neutral effect on our investment?"

  Article: "Mazhar Muhammad Salih: Our cash reserves are the highest and there are no fears of the dollar rising"  This is good news.

--

Kaperoni 

   Question: "So the RV tomorrow 3:00? Lol"  You need to change your thinking. There is no RV, never will be one. The only way that dinar can go up in value is 'gradually' over time based on the success and growth of Iraq's own economy.

Kaperoni  

 Article:  "Establishment of the Commercial Arbitration Center in Iraq"  Article quote: "the importance of commercial communication with various countries around the world and organizing relations in a way that achieves mutual benefit for all parties, especially as Iraq is on the verge of rejoining the World Trade Organization (WTO). He explained

that this project comes as one of the achievements within the file of Iraq's accession to the International Chamber of Commerce (ICC)."  WTO requirement. Establishment of the Commercial Arbitration Center in Iraq

---

https://dinarevaluation.blogspot.com/2024/08/latest-from-kaperoni-23-august.html

Iraq Showing New Lower Notes on TV🚩Expect What in 24 - 48 Hours?🤔Dinar R...

Including Iraq.. Three countries have the highest number of investment contracts signed during the month , 29 AUGUST

 Including Iraq.. Three countries have the highest number of investment contracts signed during the month

8/28/2024

A report by the British magazine "MEED" stated on Wednesday that three countries, including Iraq, had the highest number of investment contracts signed in July.

The magazine stated in a report, which Shafak News Agency reviewed, that "the Middle East and North Africa region witnessed the signing of investment deals worth $23.9 billion in July."

The report explained that "Saudi Arabia ranked first among the Arab countries by signing investment contracts worth 14.3 billion, while the UAE came in second place by signing contracts worth 4.2 billion dollars, while Iraq came in third place by signing investment contracts worth 2.5 billion dollars."

He pointed out that "Egypt awarded contracts worth $2.1 billion, Kuwait $515 million, Oman signed contracts worth $140 million, Bahrain $33 million, and Qatar $27 million."  LINK

LATEST FROM MARKZ: " GROUPS ARE EXPECTING MONEY MOVEMENT AT ANY MOMENT" , 29 AUGUST

 MarkZ 

  [via PDK]  

A lot of people calling for it to start within 24 hours. There is a whole lot of chatter with groups who are expecting money movement at any moment or over the weekend.

 The rumors out of the groups are everybody will be working this weekend.  Group leaders are all charged up and ready...we hear Al Alaq (Governor of the CBI) is to go from New York to DC today.  We are hopeful it means something….  Comment:  Slowly, Slowly, SUDDENLY.  

MarkZ:  I think we are finally at the suddenly part.

 Comment:  Wealth manager sent out memo saying the dinar is a scam.  

MarkZ:  Well if it is a scam - Trump invested in it, Warren Buffet invested in it…the US treasury has invested in it.  I believe even George Soros has invested in it…and almost every central bank around the world has invested in it.  So if it is a scam…well, all the smartest people in the world fell for it.