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Frank26 says inside Iraq rate will be 1:1 but outside will be higher
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Frank26 says inside Iraq rate will be 1:1 but outside will be higher
Frank26
Give me Mosul! That was the battle cry that we had. But yesterday, they started to tell you more about Fallujah, and the reason why is because now they can tell you their activities, their advancements in these cities..
it’s building confidence. Great confidence, not only obviously in Abadi who is making all these proper calls, but it is also building confidence within the country. The citizens are watching very carefully.
They’re very proud. The international world is watching. The citizens and the international world are finding confidence in what Abadi, its Gov’t and its Central Bank…is doing. They are very astute that the IMF and the CBI are together.
They’re very astute that the IMF, CBI and the GOI are getting together in meetings...this is all very, very good.
Now, granted…the capture of Fallujah and Mosul, it’s not the Monetary Reform, it’s not directly but indirectly…you can not have the Reform without these cities...
we’re showing them how to do their Reforms. And the Monetary Reform leads all the Reforms. Yes, the Western World, the European investors…they’re gaining confidence to come in to Iraq. NO. MORE. WASTING. TIME! This is the IMF, this is the Twelve, this is the United States of America…and we are guiding you...
Now when do you want your loan? June or July? Obviously they want it as quickly as possible. I believe, IMO, that we will see Article 8 and Mosul next and I believe, that these two are important. I believe that these two (2) are of equal importance. Not only for financial reforms, but for all of the reforms...to me, Mosul and Article 8 are coming.
...the BIS, the IMF, the World Bank…all three (3) of them gave them permission to raise the value of their currency.
Holy Cow, that’s big. we believe...that when they lift the value of their currency it’s going to be on the Arabic side for three (3) days, in Arabic, Arabic numerals…it’ll be hidden.
And then, three (3) days later…legally…the CBI has to release that information to the international world.
I told you that inside, it will stay 1:1 but outside…look out. In a few months? What were we looking at…three (3), four (4) dollars? Yeah…IMO.
IMO? If they get this done? Ya know, let’s say, June…by the end of this year…IMO they will be at a number that they’ve never even been before.
You know why? IMO, because the world is dying to trust the Iraqi currency.
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What about Ramadan? Will that delay things? I don’t believe that Ramadan will interfere with anything...it’s not even a holiday...It’s a period of fasting. The IMF doesn’t practice Ramadan.
...IMO...they got Fallujah weeks ago.
As soon as they get the 2 cities back...they’ll tell the citizens...The timing for them to tell you that the enemy is collapsing ...that they are succeeding in their expectations...incredible!
This has strengthened Abadi within the INTERNATIONAL world.
Would anyone in their right mind invest a billion dollars in Iraq?
Heck no!
But, once laws, rules, regulations in place...yeah! Abadi has proven himself. IMO – we’ve cleaned up everything “militarily wise” --- and now all Abadi has to do is take credit and simply take a bow to the INTERNATIONAL world!
Certifications...SWIFT codes...this is all good. The BIS told Iraq a long time ago to go ahead and raise their value. The IMF is watching Mosul.
I told you...give me Mosul..and you’ll see INTERNATIONALISM! ...we believe that is a precursor for the RV of Iraq. When you see Mosul...BOOM!
The confidence in Iraq is changing everything.
Abadi is building confidence in the GOI and the INTERNATIONAL world. The citizens are pouring back into Iraq with tears of happiness to their homes. They know about the reforms.
IMO – they are ahead of their time line...we believe they are ahead of the conditions that they agreed too. Iraq is going through a propaganda campaign with the citizens.
The purchasing power is about to change inside of Iraq!
In Iraq...a Dinar is a Dinar. You need to grasp that. IMO – they will come out at 1 to 1 inside of their country. Then 3 days later, you’ll take it.
They are about to enter the “INTERNATIONAL” world.
~~~~~~~~~~~~~
They got a LOAN! IMO -- This loan is the equivalent of Article 8...What is the definition of Article 8?
The completion of their financial reform.
The only way they could qualify for the loan is to do the financial reform...
They got the loan...a shadow of what they needed to do. All of this to establish a CREDIT RATING. They DO NOT need the money...
They DO NOT need the loan...They have more assets up their “wazzoo” then you’ll ever know.
They needed the credit rating...and they got it...and in return they got a little “chump change”.
15 Billion does nothing for them...but establishes a credit rating for them...for the INTERNATIONAL world!
Better credit rating = INTERNATIONAL BONDS = INTERNATIONAL RATE.
The Jordan/Amman meeting...they agreed in principle...(with conditions)...before they could get the loan...so the IMF could then turn it over to the Board of Directors of the IMF.
They had to complete the list for the monetary reform.
Iraq knows that they WILL NOT get the loan unless they complete the list for the monetary reform. All of that info is on the ARABIC side of the CBI website.
The instructions are all there...and they are implementing them!
So Iraq is moving pretty fast...
I don’t think it we’ll see it this month...but we don’t think they’re going to wait until July either. I believe that Iraq is ready. The timing is right for them to raise the value/exchange rate.
Last edited by Ponee on Thu May 26, 2016 11:22 pm; edited 8 times in total
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Frank26 says inside Iraq rate will be 1:1 but outside will be higher
They do not have a better credit rating, nor is any improvement of it to be expected until major security and other issues are resolved. The loan is given irrespective of currency reform, or credit rating. They most definitely NEED the loan, as their income is less than their expenses. Your information, as usual, is useless.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: Frank26 says inside Iraq rate will be 1:1 but outside will be higher
The road of gossip is the longest route you can travel when trying to get to the bottom of bullshit.
power123- VIP Member
- Posts : 424
Join date : 2016-01-18
Re: Frank26 says inside Iraq rate will be 1:1 but outside will be higher
OH and BTW, they got Fallujah weeks ago? So tell me, how do you explain articles such as this: https://www.dinardaily.net/t54409-a-new-formula-in-the-battle-for-fallujah#279899
Or this? https://www.dinardaily.net/t54410-u-s-backed-iraqis-prepare-for-battle-for-fallujah#279901
Or this? https://www.dinardaily.net/t54410-u-s-backed-iraqis-prepare-for-battle-for-fallujah#279901
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Re: Frank26 says inside Iraq rate will be 1:1 but outside will be higher
GOOD POINTS OF REFERENCE KevinD53!
Ponee- Admin
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Join date : 2011-08-09
Re: Frank26 says inside Iraq rate will be 1:1 but outside will be higher
Some more added to the Franksters "intel"
Ponee- Admin
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Join date : 2011-08-09
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