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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 ... RON Pimpy Question: "What are the proper notes to hold for investment purposes?" Any of the currency is okay to hold at the moment so there's no specific denomination. If they do delete the zeros or they re-denominate they're going to have whole new currencies. That's why there's no rush to try to find lower denominations because they're going to replace all of them including the lower ones. But there is a possibility that they don't re-denominate and we get lucky and they change the exchange rate and keep the zeros on the currency. Militia Man Article: "Iraq, US to form joint team to address sanctions on Iraqi banks" Central Bank Governor Al-Alaq has worked for concessions for and on the behalf of Iraqi Banks to the UST with regard to current sanctions imposed on them.
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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 ... RON Breitling LOP...people that are smart, economist, get this wrong. The underlying definition is hyperinflation. How do people fight it? By removing the zeros. Nothing wrong with that. It's smart. But it's hyperinflation. People will point out incorrectly, look at Iraq... The best analysis I've read is that it [the dinar] was worth at it's height 2.25 to the U.S. dollar... Iraq has never had a customer problem. That's where you find the hidden value in this investment. It's not hyperinflation... [Post 1 of 2....stay tuned] Breitling There is inflation but it's 100% policy based inflation. You had this currency that was worth a lot of money... What was their number one export? Energy. Then war came along. You had war inflation. But did Iraq's customer base change? No. Did their oil producing output change? No, it went up. That's where you're going to find the value. That's where the value is coming from. That's it. [Post 2 of 2] Nader From The Mid East Sudani just got back home. Let's see what decision he's going to make. Let's see what he's going to say about his visit to United States. Let's see if they give him full control of the government and the banks and all that stuff... I'm waiting for him on Monday come out and say, 'Okay, we have control of everything, the coalition is going to go out soon. It's leaving soon. We control our banks. We have no more punishments.' From then we see. Deepwoodz Article: "Al-Sudani: Iraq is witnessing a new reality today in the private sector" MOU’s and Sovereign Guarantees…impossible without sovereign currency that has purchasing power. We’ve learned Iraq's contracts have recently been adjusted so that payment is made in dinar... If so, contracts in the billions... paid in dinar, would require assurances that the exchange rate would not move in a negative direction... It may even go so far as to give an exchange rate. If the rate were to move negatively, the foreign contractors would lose out because the value of the agreed upon amount in reflection to their home currency would also be less. That’s a no go... Sounds freakin fantastic.
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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 ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says that from the CBI the United States of America reconstruction on Iraqi banks will be lifted soon. FRANK: That is a powerful statement...They're already lifted. It just has to be made official... Clare Article: "Al-Alaq reveals the Central Bank’s reserve... in dollars and gold" Quote: “The Central Bank has a foreign reserve of more than 100 billion dollars...We have gold reserves of more than 130 tons, most of which are located in England."
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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 ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: The next meeting with the United States of America will be held in Baghdad the television is telling us. They're coming to us now... Clare Article: "CEO of JPMorgan Chase expresses Support for Iraq” Quote: "Prime Minister Mohammed Shia al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday, during his visit to the Washington DC." Samson Article: "Al-Sudani: We have reached satisfactory solutions with the US Treasury to address the conditions of the sanctioned banks"
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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 ... RON Militia Man Al Sudani...first off he shows up to Washington DC, big motorcade, heads over to the Pentagon the following day, big motorcade, comes to Michigan, what did he have? Big motorcade. He has the attention... The achievements the statesman Al Sudani has shown everybody is flat-out phenomenal... See Article: (A Summary) Al-Sudani returns to Baghdad after concluding his official visit to America - 4/20/2024 Frank26 [Iraq boots-on-the-ground report] FIREFLY: I love this. [Hearing the report of Al-Sudani's Q and A about raising the level of the value of the Iraqi dinar...see 4-20-2024 multiple guru posts below] Did he really say this? We are so excited here. FRANK: You have your leader telling the world in Washington DC that they are about to add value to your currency for purchasing power? ...This is exactly what the monetary reform has been teaching you... Now your prime minister said it. As far as I'm concerned it's over and it's done. Just have to wait now. Mnt Goat Remember...the Oil and Gas law looms in the background and will surface again soon. Also after this visit to Washington I fully expect the announcement of Iraq’s full accession to the WTO to pop out shortly. Oh…it’s all so good!
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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 ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying that Alaq the CBI governor is going to stay in Washington DC for a few extra days. They saying to us that he's following up on what Sudani was doing... FRANK: Now that Sudani is back he's going to start the process of explaining to you Iraqi citizens everything on how you are going to be receiving your lower notes, how you're going to use the ATM machines... accounts, maybe even the education on the coins that will be coming out eventually. You should be excited because I am! Militia Man Article: "Member of Sudanese delegation: We will witness a rapid decline of the dollar in the coming days" When they say the rapid decline of the dollar I don't believe for a moment they're saying the dollar is going to crash. What I believe they're saying is their expectation is the dinar is going to rise. Misdirection, IMHO..! RON Clare Article: "Vietnam central bank says it’s ready to intervene in forex market; Dong now at record low against dollar" Quote: "Intervention is possible even today, if needed, State Bank of Vietnam Deputy Governor Dao Minh Tu said at a briefing in Hanoi on Friday. The dong dropped to a record-low 25,463 per dollar on the day." Pimpy Article: "Parliament's finance advises raising exchange rates again. Money about oil revenues?" They are talking about changing the exchange rate to 1500 for every dollar. That's the wrong direction. We don't want that to happen... I know the news is frustrating but that's what they were talking about... It's the same thing they talked about in December. So don't be surprised. Let's hope it goes in the other direction. I believe this statement was meant to be clear MISDIRECTION. we've been told they would use misdirection before any significant value increase.RON Frank26 Like we told you IOO he [Al-Sudani] gave orders to have the screens put up. I don't know how long it's going to take for him to make this announcement to the Iraqi citizens but I just don't see it happening much longer...
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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 ... RON Clare Article: "Iraq ranks fourth as the best emerging market for investment in 2024” Militia Man Article "Al-Sudani receives Washington the Chairman of JP Morgan" Those that say JP Morgan don't know anything about it should read up. Pimpy Question:"So you're telling me we should sell our dinar because it's about to lose us a lot of money?" I'm saying we don't know what's going to happen. There's a possibility we can wake up tomorrow and it's 1 to 1 and they haven't deleted the zeros a lot of people are millionaires. There's a possibility we wake up tomorrow and they delete the zeros and we have to exchange it for the new currency and then they change it 1 to 1 and you're not a millionaire. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some lady is on the television news saying once the delegation returns from the Untied States of American the budget amendment law will be sent to parliament. She's saying one of the issues is about salaries and this will end all issues on salaries for the first time ever once and for all... FRANK: She's correct. When Sudani comes back he will deal with the budget and you will have your new exchange rate because that's the only way that the salaries are going to be paid. They're telling you they're going to be paid for the first time ever. They have never been paid because of a lack of good exchange rate... Clare Article: "Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund" Quote: "Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions." MarkZ ...Sudani just landed a few hours ago back in Iraq after a very interesting tour in the US. He took questions during a Q&A and was asked about the revaluation of the dinar. He said specifically that yes that was under the auspices of the CBI but we are very much working on that direction. That is paraphrasing and not exact because of the translation. But that is phenomenal news imo. Militia Man [Q&A portion of Al-Sudani interview] Question: "Is the government thinking of revaluing the dinar and readjusting the value of the dinar due to the current circumstances in the market or do you see it to stay the same?" Al-Sudani's answer: "This policy is dictated by the central bank and the government abide by what the bank decides. I believe we are in the best status we could be in and we have actually had an assessment which has given much trust, higher trust at a higher level from different global parties...This is going to raise the level or value of the Iraqi dinar. There is policy that is consistent policy that the central bank is using..." [Post 1 of 2] (reposted) Militia Man MILITIA MAN: Deletion of the zeros project, is that what they're talking about? If you're going to raise the value of the currency you're going to have to do something to it and that's the exchange rate. You don't just LOP three zeros off a currency and say, 'Snip! Go use this'. It doesn't work that way. They have to raise the value... We know their reserves are $110 to $112 billion, they have gold, they have all the new electronic systems, taxes and tariffs...tourism, agriculture, liquid gas, all that stuff added into this is going to benefit them. Basically what is he saying? They're going to raise the level of the value of the Iraqi dinar. That's really powerful... Post 2 of 2]
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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 ... RON Militia Man [Q&A portion of Al-Sudani interview] Question: "Is the government thinking of revaluing the dinar and readjusting the value of the dinar due to the current circumstances in the market or do you see it to stay the same?" Al-Sudani's answer: "This policy is dictated by the central bank and the government abide by what the bank decides. I believe we are in the best status we could be in and we have actually had an assessment which has given much trust, higher trust at a higher level from different global parties... This is going to raise the level or value of the Iraqi dinar. There is policy that is consistent policy that the central bank is using..." [Post 1 of 2] Frank26 [Al-Sudani Q and A in Washington DC 1 hour 28 minute mark] Community Member: The question was asked...Is the government thinking of revaluing the dinar and reinstating the value of the dinar due to the current circumstances in the markets or do you see that it say the same? Sudani replies by saying 'This policy is dedicated by the central bank and the governments abide by what the CBI decides. Right now I believe we are in the best status that we could be in...We started the reforms...this is going to raise the level of the value of the Iraqi dinar.' He told the whole world...
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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 ... RON Militia Man [Executive] Order 13303...according to the US National Emergency law failure to renew the executive order within a period of 90 days from the date of previous renewal means it will become invalid. We're not even into May yet and that's when it was signed. There's still an additional 90 days tacked on to that last date...What we're seeing, I frankly don't care... It's a protection for Iraq's interests and the US's interests... All these years it's been in place. In my view a good thing because it's protection... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says...if it is 1 to 1 that's a good start but he feels like because what he personally knows the rate could carry a $5+ and support it very well because our reserves are way higher than what they are telling anyone. That's just his opinion... FRANK: It will not start at 5 to 1 IMO as it will not start at 1 to 1. Clare Article: "Al-Sudani receives in Washington the Chairman of JPMorgan" Deepwoodz Article: "Al-Sudani: Iraq is a country full of opportunities and its projects amount to 400 billion dollars" 400 billion x 1310 = 524 trillion dinar...ummmmm….i don’t think so. Budget ain’t that big! Unless you have a roundabout 3:1 rate the opposite direction.
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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 ... RON Pimpy Article Quote: "Removing zeros off the Iraqi Dinar can indeed impact liquidity issues in Iraq. By re-denominating the currency and removing zeros, the Central Bank of Iraq aims to reduce transaction costs and make it easier for people to carry less physical money. With a lower denomination, larger amounts can be replaced with fewer notes...This can potentially enhance liquidity management within the country's financial system." So the deletion of the zeros could help Iraq with their liquidity issues...
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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 ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing new audit report showing Iraq as the best new investment for the year 2024. FRANK: I'm sorry... How in the world is this kind of statement even possible for you to make? You're at a program rate. Ain't no way in the world Iraq is the best investment for anybody in the year 2024 unless you're trying to tell us that you changed the exchange rate, which is what you're doing ever day to the whole world... Pimpy [In a LOP] The only thing that changes is the bank notes themselves... You're not changing the value of the currency. A 25,000 dinar is going to have value as a 25 dinar. They're just going to lop the zeros off. Debt is still going to be the same, your paycheck is still going to be the same. They only difference is when you go to cash your check, the dollars [dinars?] they give you back are going to look different if they lop off the zeros. He has his brain locked into a LOP, and no matter what other facts are out there, he just can't seem to see them. MarkZ ... the bond folks have expectations of things starting from between the 15th to the 22nd. And we were told from day one that bonds need to be close to completion or well underway before they pull the trigger… Hopefully we will know by tomorrow if bonds kick off - from European contacts... Clare Article: "His advisor: Sudanese attention will focus on the economy during his meeting with the American President” Quote: "Counselor Saleh believes that the economic aspect (investment, development, and financing) “will be activated for the first time in this broad form of the strategic framework agreement in order to be consistent with the data and principles of the program.” Militia Man Article: "Sudanese visit..Government advisor: The economy with America will be activated on a large scale for the first time" The red carpet is laid out for Iraq and the news we see is phenomenal ... That motorcade shows it. This is not a shun like we saw with Haider al-Abadi on the White House lawn.. A stark and profound difference today is and it is a good thing!
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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 ... RON Frank26 You know the competition that is going to be with those private banks from the CBI [in the US] with American banks? It's going to be massive and people don't even understand that right now. American banks are going to come after you and they know you. They know who has dinars. The US Treasury will tell them... Yes, they're going to tell them. They already told them. This is massive what is about to happen... Pimpy What is the deletion of zeros of currency? An action aimed at increasing the nominal value of money. Nominal value, NOT the exchange rate. Re-denomination, that's what this is. What is lopping off zeros? Same thing. Changes the nominal value. What is the removal of zeros off currency? ...Also known as deleting of the zeros...Re-denomination. What is reducing of zeros off currency? Re-Denomination. I'm telling you guys all those things are the same thing...You remove the zeros off the currency and when you do that .00076 will be .76 but it doesn't change the value of your currency versus other world currencies. That stays the same. MarkZ I continue to hear rumors of the different spots that Sudani has visited. I am hearing there was a clandestine meeting with a signatory of seven of the banking families from China. Hang tight guys as we sort this over the next day or two and figure out what is hopeful rumor and what is fact. But things are very positive. Samson Article: "The Iraqi Private Banks Association praises Al-Sudani's visit to Washington" Militia Man [Iraq] is now in a security and stability and debt free state and now they're going into a state of expansion on their economic reforms, development programs, sustainable development... all of the things we've been talking to you about are coming to fruition. They're not going to do that at 1310...
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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 ... RON Frank26 Article: "After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings" This is so powerful. The closing of the auction windows is the end of those that were stopping the monetary reform... Paulette Article: "Al-Ardawi: The Sudanese government seeks to liberalize the Iraqi dinar and stabilize the economy" Quote: "The visit comes in a very heated situation and everyone is awaiting its outcomes, and the Sudanese carries... ideas and projects that move towards consolidating the relationship with the American side and transferring it from the process of guardianship to friendship... In a way that allows Iraq to assume its pivotal role in the region." As I have been stating... Iraq needs the US Guardianship to end!! (UN 1483)
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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 ... RON Pimpy Really great news came through today... Article "After 21 years of dollar actuation Iraq is approaching the window closed amid reassurances and warnings" Iran was using Iraq's currency auction to funnel the dinar into Iraq for the US dollar... The goal is to have the currency auction ended by the end of this year. MarkZ ...I am happy where we are right now. The only thing that would make me happier is us exchanging.
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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 ... RON Clare Article: "Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables" Quote “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024..." MarkZ Question: Is it true people have started to get notifications? Mark: ...most of my sources have gag orders right now. Some have actual NDA’s, and some of them are being leaned on by leadership to not say anything. Especially with groups. With so many people being leaned on to stay quiet - I think this is fantastic news. With some contacts I am going straight to voicemail which means their equipment is turned off. To me this is an excellent sign. So it appears we are close to the finish line... my Iraqi sources seem to think so. PompeyPeter Where are we? Why hasn't he pushed the button? Ever, ever ever closer. If we look at what's in front of us, no citizens entitlements...no budget...no rate change that's why... We don't know what we don't know but if we anchor in the articles we have to realize our situation is fantastic... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Reported on our television...Part of the government delegation saying we will witness a rapid drop in the dollar in the coming days. FRANK: Whoop there it is! ...They're about to put up those screens to show you the lower notes when Sudani returns... Samson Article: ”After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings" 4-17-2024 Newshound Guru Pimpy There's more than just paying attention to what's going on in Iraq. When your own country is trying to provoke World War III it makes it a little hard to focus on whether or not the Iraqi dinar is going to revalue... You've got Iran bombing Israel. We're just waiting for Israel to retaliate. That's just going to provoke things even further along. We'll see how things play out. Don't assume anything Pimple..! Militia Man They just said they're going to decrease the value of the dollar, which doesn't make any sense. How is Iraq going to decrease the value of the dollar? The only way they can do that is if they increase the value of their currency because the United States dollar is the most prolific currency in the world. The volume traded is the largest in the world...Obviously, the reciprocal is the same thing - increasing the value of te IQD against the USD. Wolverine “My Contact confirmed that there was a “pause” on everything because of our safety. But it was lifted. She said this is the closest we have ever been. She doesn’t want to give dates. But things can go any moment. Keep watching Iraq – big announcement coming soon.”... Clare Article: "The Sudanese advisor expects the dollar to decline after the Washington discussions” Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing the CBI governor and team is meeting with the United States of America Treasury Department about the Iraq banks saying it's about the rehabilitation of these banks to the United States Treasury regulations. Talking about those banks are needed for the reform to maximize. FRANK: Didn't I tell you these 28 banks are the key part of the reinstatement? But that would be internally. Externally that's like Aki [Walkingstick's banking friend in the U.S.] and the private banks. Mnt Goat I was told by my CBI contact that the currency swap out will happen as they will not hide this event and must inform the citizens (education process...). Yes, they also have to explain the exchange swap-out process and how it will work along with descriptions of the newer lower denominations. The CBI will then post those pictures of the lower denominations my contact told me were taken weeks ago. So, just wait and watch it all play out... You should be excited - with FACTUAL knowledge... MarkZ We know Sudani right now is traveling all over the US. We know people are positioning …and everything coming together is to me – very important.. I originally thought Sudani was going to do it before he came to the US…. but now that I know the bond schedules - it makes more sense to me that they do it when he gets back to Iraq, I cannot imagine him not wanting to be in country for it.
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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 ... RON MarkZ Sudani‘s travels are very interesting here in the US. He is going to Texas where the CBI keeps servers… and he is going to Michigan where there is a large population of Iraqis there… dispelled from the war. And also in Dearborn they will be adding a Warka bank location. To handle exchanges for Iraqis in Michigan. Sudani traveling to Texas and Michigan is big. He is also going to California... I am hearing he is to meet with someone named Robert who is a signatory for Chinese banking elders. This is very interesting – what we are watching. Sudani has 130 people with him… a huge entourage... Including many important people from the Finance ministry and the CBI. Things are looking positive for the next week. Mnt Goat Article: "IRAQ’S FINANCIAL REVENUES EXCEED 11 TRILLION DINARS (about 11 Billion US Dollars) WITHIN A MONTH" Yes, even in a “rentier” oil economy the Iraqi dinar can still maintain a realistic rate of at least $3 or more...
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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 ... RON Clare Article: "Prime Minister Muhammad Shiaa Al-Sudani met this Monday evening (April 15, 2024) with US President Joseph Biden at the White House in Washington, DC. Al-Sudani said during the meeting, "We are working to move from the military relationship to a full partnership with the United States." Frank26 There are many Chief Executive Officers of many banks around the world at the US Treasury meeting right now with Sudani, Alaq and Barzani... Also, CEOs of CitiBank, Chase Bank and Bank of America are there. We also have all of the JP Morgan representatives, Merril Lynch, all investment companies you can think of, all of them are meeting... The meetings are going on now... This [Iraqi] entourage is here in the United States to meet with their counter parts.
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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 ... RON Clare Article: "Al-Sudani: Meeting with Biden is an opportunity to put the two countries’ partnership on a new basis and expand relations" Quote: "Prime Minister Muhammad Shiaa Al-Sudani saw the meeting he will have with US President Joe Biden during his visit to Washington next Monday as an opportunity to put the US-Iraqi partnership on a new and more sustainable basis.” Samson Article ”The prime minister’s visit to Washington. Activating the economic partnership is one of the sectors of the Strategic Framework Agreement" Militia Man Al-Sudani was supposed to be in Washington on the 15, well it sounds like he's arrived and it sounds like he has the Central Bank delegation with him and it sounds like Al-Alaq is with him which would be a really good thing...They said he was going to be here on the 15th, it turns out he's early which is phenomenal...
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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 ... RON Frank26 If you don't like what they [Chase Bank] have got, then go somewhere else... And when you go somewhere else you already studied the bank...vetted... looked at their portfolio...know their officers... know their structure...know how they're going to take care of your money... invest your money right? If you say no to any of those questions you're in trouble because the leeches and parasites... vultures sense you, once the sharks know that there's chum in the water, they're going to circle you. They're going to tear you apart. 'Hey, MC Hammer... You Can't Touch This. You can't touch my money Frank.' How much money do you have? $200 million...How much you have now? Nothing... [this] is the situation we will be facing very soon. You're going to be attacked... You don't like Chase, make sure you check out where you're going carefully... Militia Man We know Al-Sudani is gearing to come to the United States on or around the 15th. Today we see he's ready to spend about a week in the Untied States. His saying about a week in the United States is a big deal because that's a long time. He's bringing... senior representatives from the Central Bank of Iraq... They're going to be talking with the United States Treasury... Clare Article "Bankers excited to meet the Treasury Al-Sudani will stay in America for a week.. A source from Baghdad and another from Washington reveal the agenda" Quote "The Iraqi government source confirmed to the 964 network that Al-Sudani will hold meetings with businessmen, and will be accompanied by Iraqi bank officials...The Sudanese visit lasts a week and includes 3 American states." Samson Article ”Bankers excited to meet the Treasury Al-Sudani will stay in America for a week.. A source from Baghdad and another from Washington reveal the agenda" Pimpy My gut feeling is they're going to re-denominate and then change the exchange rate right after that to where it should be, somewhere around $3 and something cents per dinar. I've got 5 million. If it goes to $3 and something, I made $15,000. I'm a happy camper with that. It's better than not having anything. I understand for a lot of you you're like, 'No. No. NO. that's not good because that's not what I had in mind.' And I'm sorry but you're asking me my opinion. That is my opinion. They will re-denominate the currency, LOP off the zeros - your 25,000 dinar will become 25 and then they'll reinstate the old rate... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about our international debt going from trillions to billions... FRANK: That is the definition of lifting the three zeros... It's that simple... Going from trillions to billions - how? 'We already told you, we're lifting the three zeros from our exchange rate.' Why? 'Because we're re-denominating our currency.' How? 'By bringing out lower notes and getting rid of the three zero notes...' Why? 'Because we suffered enough.'
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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 ... RON Pimpy Iraq is right on track to do some great things.They're going to continue to do that. Let's get this coalition forces out of there plus the United States military, which is why I think Al-Sudani is coming over here to talk to the president to see about getting these people out of there and leaving Iraq on it's own devices. We'll see what happens from there... Clare Article: "Iraq 24 sources: Al-Sudani will meet a delegation from the Energy Companies Complex in Houston, which includes the largest oil, gas and alternative energy companies" Militia Man [Sudani] is going to need some exceptional strength, which is exchange rate oriented to do business deals with the likes of GE... big oil companies... big solar energy... They're looking to get people in the steel industry, rebar industry, cement companies because they're going to need more than Iraq has on the ground. They're going to want the support from around the world and Al-Sudani is stating he's ready for business and opening to the world. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is visiting Washington, Michigan, and Texes while he's in the United States of America. FRANK: Understand the seriousness of this trip. It's not to go see some guy at the White House. It's to go lay out the groundwork for both of their reforms.
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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 ... RON Frank26 Sudani is walking on the yellow brick road to Washington DC. This is going to be historical trip... not just for Iraq, for both sides... the trip to Washington DC is crucial. Pimpy The more they get their sovereignty back, they're already on the Swift system, they're working their way through the World Trade Organization, it's just a matter of time before they remove all restrictions and we can start buying them [Iraqi dinars] (and exchanging them) through the banks again... Deepwoodz Sudani has a very long statement out today and there are no plans of America leaving... Furthermore, I have a feeling that although Sudani has the well being of his people in mind concerning the exchange rate, O’Biden has his eyes on the dinar in our treasury. It’s a win win. No horse trading needed. Militia Man Iraq has met the required security and stability in country that is needed to be productive and to perform her duties as a nation to her people in a correct and internationally acceptable manner. If she hadn't she wouldn't be where she is now, which is out from under the protection of EO 13303 outside the DFI. Iraq is still covered under EO13303 until mid May 2024, unless it is rescinded by Biden - let's not jump the gun with assumptions. Frank26 [Iraq boots-on-the-ground report] Firefly: They talked a long time about how the national cards we have will be used for all transactions in our country. FRANK: The national cards tell Iraqi citizens that their currency is about to have value, that it's about to go international. The International world would not want anything to do with the toilet paper valued currency. These are the hints. These are the telltale signs that they are are re-denominating and a new exchange rate is at your doorstep... Samson Article: "Al-Sudani to American companies: The current stability in Iraq is encouraging for you to engage in development projects"
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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 ... RON Mnt Goat the TRUTH finally coming out in the Iraq news. We don’t have to guess, it’s in all the news channels from Iraq now. Yes, the Iraqi dinar and the future revaluation of it is on the agenda for the April 15th visit of the Iraqi prime minister Al-Sudani to Washington, DC...The next stop is the in-country rate if all goes well that we should expect shortly after Al-Sudani’s return from Washington DC. We then know the rest of the process and what happens next… We can almost see the finish line as the train is about to come around the bend. Paulette Article quote: "Two Iraqi and American sources said that Prime Minister Muhammad Shiaa Al-Sudani will spend a week in the United States, including discussions with President Joe Biden, and a tour of 3 states." Will one State be Florida???? & @ Mar-a-Lago???
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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 ... RON Frank26 I told you there are four banks [for exchange]. I told you the echelon...What was the first bank? Bank of America. What's the second bank? [JP Morgan Chase Bank]...In my estimate, JP Morgan Chase, then Wells Fargo, then Citibank, then Bank of America (they're having some financial issues)...RON Sandy Ingram Oil has risen to over $90 a barrel... OPEC is cornering itself into position of oil profits by reducing the amount of oil available... Pimpy Nearly everybody [In Iraq] earns less than $2,500/month. 75% of the population makes less than $770/month. 50% of them earn $540/month or less. And 25% of them earn less than $400/month. This is your average monthly salaries over there in Iraq... Labor over there is cheap. Clare Article "THE DOLLAR IS ON THE SUDANESE DIALOGUE TABLE IN WASHINGTON.. AL-AWADI TALKS ABOUT THE FUTURE OF THE IRAQI DINAR" Quote "the dollar file and the work of banks will be strongly present during the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington, suggesting that the dinar’s situation in the future will be better." Militia Man The Iraq stage is clearly set for Al-Sudani to come to the USA... His achievements to date are phenomenal in totality! The DFI funds have been the legal basis for depositing oil revenues in the new "IRAQ2" account with the Federal Reserve Bank in New York; so "is the expiration of EO 13303", which granted Iraq the ability for her funds to be deposited in an account to be protected with legal authority, and to be where they are now....The end of this statement is missing... Samson Article "THE DOLLAR IS ON THE SUDANESE DIALOGUE TABLE IN WASHINGTON ... AL-AWADI TALKS ABOUT THE FUTURE OF THE IRAQI DINAR" Pimpy There still seems to be some major confusion about what a real effective exchange rate is versus an actual nominal exchange rate...A Real Effective Exchange Rate is for assessing its trade capabilities...an increase in the nations REER is an indication that the exports are becoming more expensive and its imports are becoming cheaper. It is losing its trade competitiveness. So the REER is used to check out its competitiveness with other trade partners. That's it...It's not the same thing as a nominal exchange rate... Frank26 Iraq is a sovereign nation now with a sovereign currency. Therefore IMO Sudani goes to Washington to deal with Monetary Reform and banking advancement... Billions and billions are retuning to Iraq. It's an incredible amount of money that's coming back. It'll [DFI?] probably come back to them now or after the 15th when Sudani comes back.
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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 ... RON Mnt Goat Article Quote: “Approximately 1,000 ATMs will be installed across all provinces, districts, and areas of the Kurdistan Region of Iraq (KRG) by the end of 2024” We have been told years ago that the ATMs are pivotal to the Project to Delete the Zeros... good news!
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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 ... RON Clare Article "Al-Sudani to American companies: The current stability in Iraq is encouraging for you to engage in development projects" Breitling The dinar is real. The opportunity is real. I know you have to have an atomic, almost God like patience. I'm just like everybody else, can't wait for them to add value to it. But it is real. I think people who stick with it are going to benefit from it, 100%. It is real and it will come.
