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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 5-12-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says from the United States of America that 46 business leaders from Iraq including Kurdistan will be attending a conference in the United States of American from the 11th to the 14th. This is pretty interesting. These are some of the most powerful business leaders in Iraq going to your country. FRANK: Do you think any American businessman wants to deal with 1310? Of course not. All of this is...signs pointing in one direction that you are the prettiest girl at the party and everybody want to kiss you. 5-12-2025 Clare Article: "The dollar's exchange rate is stabilizing towards its target: adaptation or adjustment?" Quote: "It became clear in the period from last April until this May that the dollar exchange rate in Iraq began to stabilize, declining towards the (official) target level." [Note: A decline in this instance is what dinar investors want to see.] 5-12-2025 Walkingstick [Iraqi banking friend Aki update] WALKINGSTICK: When do you think they're ever going to release the new exchange rate? AKI: Of course they have a date. Why do you think I'm here [in Michigan US]? WALKINGSTICK: Why don't you tell me. AKI: You know I'm here to collect the three zero notes. This is what I have been assigned to do. I am not to give out lower notes... Walkingtick: He's going to help the Middle Easterners in his Michigan area and in the east coast of the United States. 5-12-2025 Samson Article: "GOVERNMENT ADVISOR : THE CENTRAL BANK'S STRATEGY CONTRIBUTED TO A DECLINE IN DEMAND FOR DOLLARS ON THE PARALLEL MARKET" 5-12-2025 Militia Man They haven't exposed Article 12-2 paragraph C of the 2024 budget yet. I believe it is exchange rate related. 5-12-2025 Frank26 Article: "Iranian-American negotiations raise the value of the Iraqi dinar against the dollar" That's why the gap is closing in the black market. It is raising the value and it will eventually allow it to reach a certain rate where it can float...

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 4-9-2025 Militia Man The merger of the two state banks is likely awaiting the new exchange rate change. That's how I see it. You don't see oil flowing from the Cyan port. You still see them talking about retroactive budget, the salaries not being paid, not exposing article 12 section 2 and then paragraph C of their 2024 budget exposed publicly yet...Everybody's waiting for Iraq to make a move. 4-9-2025 Fnu Lnu Article: "Iraq's General Customs Authority has introduced new customs procedures aimed at enhancing trade efficiency, preventing smuggling, and supporting domestic industries." Here we see another way in which Iraq is earning a diversified revenue stream... Articles such as these also underlines the fact that "everything" is NOT done. They are still perfecting the operations at Customs. 4-9-2025 Walkingstick [Iraqi friend] Aki's bank does not have lower notes...Aki's bank as you already know is in Michigan. There is a gigantic Middle Eastern population up in that area from Hamtramak all the way to Dearborn. It is massive. This bank is simply a private bank. That's all. Aki runs it for his boss. His boss owns a few other private banks around the world...This one is positioned where it should be positioned at the right place for the right time. When the exchange rate of the Iraqi dinar goes up the citizens that left Iraq, that live in this area are going to go to this bank. Why? ...They already are doing business with them. Yes, the bank is open. They'll feel comfortable speaking in their own language if need be...They're not representing the CBI...They're private banks...It follows American bank laws. There's no such thing as dual accounts. These are simply American bank accounts. 4-9-2025 MarkZ The news this week has been fantastic, but I am trying to temper my excitement. 4-9-2025 Clare Article: "Al-Sudani: Iraq today enjoys political and security stability and is witnessing an unprecedented development boom." Quote: "Prime Minister Mohammed Shia Al-Sudani stressed Iraq today enjoys political, security, social and economic stability, and is witnessing an unprecedented development renaissance. It has a skilled workforce and promising competencies in various fields."

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 3-13-2025 MarkZ Question: Is this our week Mark? Not sure if it’s our we, but there is enough people moving and pushing that it could be. I’m not ruling it out with so many getting travel funds on the bond side. 3-13-2025 Walkingstick [Iraqi bank friend Aki update] AKI: Busy, very busy. We are finishing up a training on a new software that we have applied to all of our banks. Here, my private bank is also now being part of it. This software is called multi-currency sync software. The purpose of this software is to update the world, the banks, Forex, everybody that will need to know this, to update them on the new currency that we will be purring out...It is going to include the pictures of the lower denominations. WALKINGSTICK: Hasn't this software been around for a while? AKI: Yeah, but this is a new updated software. We're pretty much done with this. We've been at it for a long time.

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 3-9-2025 Frank26 Question: "Do you think Trump will go to Iraq on Saudi trip?" No I don't believe he's gonna come. The only way is if Sudani pulls the trigger [on the exchange rate]. 3-9-2025 Walkingstick [Iraqi Bank friends Aki and East updates] This report is from a culmination of many meetings [they were] having with every department that you can think of but mainly the IMF, US Treasury and The World Bank were spearheading this. We had everybody at these meetings, not just countries...we had a lot of different companies that came in...Our dear friend that we call East was also involved in these meetings...These meetings have concluded and there is a date. There is a rate of when they want to bring out these budget tables. Aki's boss is the one we want to thank because he...got the information. He got a rumor that there's a rate and a date. You know...IMO it's real. You see, Aki's boss is a person in 'the need to know' about the monetary reform of the Iraqi dinar.

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 2-27-2025 Clare Article: "Confirming Shafaq News.. Trump is heading to impose sanctions on Iraqi groups" Quote: "The American website Fox News" published a report today, Wednesday, in which it referred to the 'maximum pressure' sanctions that the Trump administration is pursuing against countries that have economic and trade relations with Iran, including Iraq, which includes punishing a group of banks and controlling Baghdad's reserves at the US Federal Reserve...According to an informed political source, who told Shafaq News Agency, requesting that his name not be mentioned, American sanctions may be issued soon and will include a list of names of political figures who have armed factions." 2-27-2025 Samson Article: "Final warning and 'immediate implementation'.. Washington draws red lines for Baghdad: No more leniency." 2-27-2025 Militia Man For all you folks that have been in the dinar for a long time, if you remember back 15+ years ago, who was there? CitiBank was. Article quote: "In recognition of its outstanding performance gave the excellence award to the National Bank of Iraq...in managing incoming and outgoing financial transfers stressing that this is an achievement that reflects its commitment to the highest standards of quality and transparency in banking services." ...They're ready to go! 2-27-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says the Oil Minister is now saying the oil export flowing to regions is now happening much earlier than expected. It will start flowing next week. This is excellent news. We don't think the oil is going to flow at 1310. FRANK: I don't either. Everything seems to be coming to a massive collision. It's like an atom smasher. I don't think it's going to be flowing at 1310...I'm very confident the oil is going to start flowing next week. I'm not as confident it's going to be revealed at 1310. I am confident it's going to be done at a new exchange rate but I don't know when it will be revealed at that rate. FIREFLY: Now it's saying that it's going to be at 1310. 2-27-2025 Walkingstick [Iraqi Bank friend Aki update] Very early in the morning Aki will be part of a large meeting that will be broadcast to all the CBI banks, even all the private banks, financial institutions that have been working on the monetary reform with the CBI and the US Treasury...with the CBI. It will go for two days, Thursday and Friday. More than likely one day will deal with banks, exchange rate, currency, monetary reform and the other day will deal with the international status of Iraq. 2-27-2025 Clare Article: "National Bank of Iraq wins “Excellence Award” from “Citi Bank” in recognition of its outstanding performance" Quote: "This award is a global testament to the bank’s efficiency in executing financial transactions with utmost precision, as it excels in ensuring that transactions are processed according to the highest international standards ...This achievement reinforces the position of the National Bank of Iraq as one of the leading banks in the Iraqi banking sector..." 2-27-2025 Tishwash Article: "Parliament will not be suspended"...Parliamentary Legal Committee reveals the plan for sessions during Ramadan" Quote: "... Parliament sessions during the month of Ramadan will be in the evening...to ensure the continuation of legislative work before the end of the current session." 2-27-2025 Samson Article: "National Bank of Iraq wins the “Excellence Award” from “Citi Bank” in recognition of its outstanding performance" 2-27-2025 Frank26 Article: "Al-Sudani and US Secretary of State discuss areas of coordination between the two countries by phone" This phone call was magic IMO. You know when you strike a match everybody can smell you struck that match? Sudani and the US Secretary of State are talking about coordination between the two countries.

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 Walkingstick The rumor is according to 'East' [Aki's company in the Middle East] that they got nine currencies in a basket. It may be more, it may be less. It could come out asset backed, or it could come out with a float. The float makes more sense. But East is saying, if it is a basket, we're seeing the Euro, British pound, Krona, which is Swedish currency and shilling, which is Austria currency. Jeff The budget amendments cannot get approved till after the rate changes. They're working around a date waiting for the rate to change.

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 Amendment 12 second C component of the [budget] they haven't exposed yet publicly. Why? They haven't exposed their exchange rate yet. That's my view. Frank26 [Former banker & Federal bank examiner with the US Treasury - Bill update] Let me just say what I'm going to do. Say I bank with Chase Bank; I'll Google them, find out where is their private bank division. That's where the upper net worth [people go]. You already know what the rate is going to be. The question becomes what are they going charge you for a fee. That can be significant, it could be anywhere from 1% to 3%. You want to get it down, It's not locked in. I think it's negotiable. [Post 1 of 2] Frank26 The more you bring to the table the better negotiating position you're in. Take two people. Ask for whoever is in charge. Don't talk to anybody else, not a teller, not a customer service representative. I would set up a meeting and say this is why I'm coming in, this is what I'd like to talk about, when can we get together. Keep it simple. Know the value going in. The only thing you want to do is determine what is going to be their exchange fee and can you negotiate it. I recommend that folks check out two or three different banks. It's going to become very very competitive. [Post 2 of 2]

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: “AL-NUSAIRI: EXPLAINS THE NEW MECHANISM FOR EXTERNAL TRANSFERS AFTER THE PLATFORM IS CLOSED” The best part of the article is the CBI is telling us that this new strategy is normal and is working so far. I Quote: “This means that the Central Bank has achieved a basic objective of monetary policy.” MarkZ Article: ”Parliamentary Finance: Political Blocs do not agree to amend article 12 on the region’s oil” HCL gets its second reading on Monday…it appears there will be serious progress on the HCL. This is a case where the title of the article does not reflect the content...I am being told if the second reading goes well…they will immediately do the third reading…then Boom we will finally have the HCL. *** Midnight Sunday Opinions *** Frank26 I bought dinar at Well Fargo 20 years ago. They stopped because they got wind of what's going on around 2012/2014 but now they don't say that it's a scam anymore because they got wind of the U.S. Treasury's communications with them. Militia Man I try to be calm cool and collected as much as possible because I'll be honest with you, this transition, when it happens is going to be something that everybody's going to have to deal with and it's going to be a shock. Just like the World Bank had said to not just us but they said to the countries of the world, be prepared for shock. They said it in writing that, hey, be prepared for shock and when Iraq does a big move and other currencies are involved markets will be shocked to some degree... Jeff They're bringing the budget off the shelf. I told you the budget would stay on the shelf collecting dust until they're about ready to revalue. From October 8th to now the budget did remain on the shelf collecting a whole bunch of dust. What did I tell you about January? I said January is a very critical month. Keep your eyes on it. They are now talking about pulling the budget off the shelf and getting the budget schedules approved by parliament. Thing are now finally preparing to happen and come forward because they're about ready to revalue the currency. Walkingstick [Iraqi Bank Friend Aki update] They are de-dollarizing the whole Middle East. They are obligated to use IQD only and obligated to have a new exchange rate and currency. Samson Article: "Foreign Policy: Demographic gift will make Iraq a 'global economic power' with Washington's help"

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 It used to be they would steal the money through the auctions, but now there is no more auctions. The cash cow is dead and the security and stability is blossoming inside of Iraq because of the efforts of Sudani, the United States Treasury and Donald Trump. The black market was another powerful weapon they used to manipulate the exchange rate of the Iraqi currency...The black market rate is dropping. It is dying. The black market does not feed the evil people anymore. Clare Article: "Among them is the Iraqi Elina Habba.. Trump honors his supporters from the leaders of the Arab and Muslim community" Quote "US President-elect Donald Trump is scheduled to meet with leaders of the Arab and Muslim community in the United States and honor them, including the Iraqi Elina Habba, the lawyer who was known for being one of Trump's defenders and one of his most prominent supporters in the elections." Militia Man The 2023, 2024, 2025 budget amendment looks to be on the table. It was supposed to be read on Monday, it looks like it's slated for Sunday. So powerful weekend...It looks pretty promising it really does. Pimpy They continue with all the necessary reforms which is really great for Iraq. Let's hope they continue. What we're looking for is Trump to erase the last of these sanctions maybe in return for something that he needs from al-Sudani. Kaperoni Iraq is clearly working to diversify their economy away from oil Independence. They're also diligently focused on investment, rebuilding and integrating their banking system into the global economy. Good signs! Frank26 The monetary reform of the Iraqi dinar is now entering another step, another stage because the last one is just finished. We were hoping they were going to expose the new rate... Walkingstick [Iraqi bank friend Aki update] AKI: We are just sitting here waiting for the introduction of the new exchange rate that will come from the '25 budget. We wait for the budget laws that will expose the budget and its components and the new rate..

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 Samson Article: "Exchange rate rises in local markets as dollar selling platform in Iraq nears completion" Frank26 I will show you the thousands of places where Aki's type of bank will be. Those are the CBI private banks where you can exchange the IQD for whatever currency you want. If you're at a bank in Michigan it's converted to American dollars. If you're in Australia it's converted to Australian currency and so forth and so forth. For everybody outside of Iraq it will be super easy because of all of these exchange centers they are setting up. Militia Man Saudi Arabia worked heavily to get Iraq ready to be able to have accession to the WTO. You haven't heard about that lately have you? Probably not. I haven't really either. The truth is it is ongoing in the background. Sandy Ingram Iraqi banks outside of Iraq...when you visit one of these banks it may be easier to ask for the currency of the country you are in. You can then transfer the monies into your PayPal or bank account, whereas you would not be able to transfer the monies...using the Iraqi dinar. Then convert the currency once you're back in the United States into U.S. dollars. Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is talking about allowing electronic passports to the United States of America. Cities like Los Angeles and Michigan. They're saying there are large numbers of Iraqis in those two USA states...Iraqis in USA will have money to get back here...Maybe if they give us our money, these Iraqi citizens will be able to travel back to the country they left. We think this means something. FRANK: You're seeing it correctly. Sudani is reaching out brilliantly to the core of Iraqis that ran away back in 2003. Sudani is welcoming them back and making it easy for them with these passports... Walkingstick [Iraqi bank friend Aki update] WAlKINGSTICK: How do you feel about Chase Bank being in your country? AKI: It's ok. We work with all kinds of banks. Chase is going to be the largest player in the exchange of the Iraqi dinar. Chase is very vital to our monetary reform success. Chase is not in Iraq to lose money.

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 Walkingstick [Iraqi Bank Friend Aki update] The USD is what the currency use to maintain the value of the IQD. The USD value on the world stage has drawn down the value of many currencies over the last few years. That is about to cease. Hence, Iraq moving toward a basket. The USD at auction has always been a means for the profiteering and smuggling of the USD outside of Iraq. Money transfers are a fact. They have no restriction on your currency. In country all payments in IQD only. Remittances, payments and transfers only with IQD value. Yada Comment: I have this amazing feeling that something wonderful is going to happen today. Yada: I have the same Feeling. The number of representatives going to Iraq were there to see one thing, the beginning of Iraq going international. The amendment for article 12 to give value to their contracts was put in the Gazette and the people are to see the rate change In their salaries. Militia Man [Budget] Article 12-c...hasn't been exposed to us quite yet. That's what we're looking for I hope. Item 4805 was published in The Gazette and yet to be opened to the public to see. All of this is looking to be a part of the mechanism that is likely to have already established that 'mechanism' for the suitable basis for pricing. That would be an exchange rate. That is what we're waiting to see... Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are hearing another gazette is missing from the publication. They say it's number 485. They say it was completed but it is not published publicly yet. We thinking it's because it has the article 12 items related to it... FRANK: Article 12 is the introduction of a restricted free currency with no sanction to the international world. It does not mean it has to have value but it means that it can leave your borders and gain value in an international basket. Everything is set up so perfect.

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 My CBI contact has told me that if the switch over of the currency, better known as the Project to Delete the Zeros, was not connected with a revaluation, then Iraq would have completed it a very long time ago. They would not have to wait. It does not take a rocket scientists to see that a one dinar note etc., etc. would be worthless without a revaluation to coincide. We can now see why they delay in doing the Project to Delete the Zeros. When will this next move occur. So, we are coming very close to the switch over from the currency auctions to the international process of currency exchanges to operate in Iraq. [Post 1 of 2] Mnt Goat Why did the CBI decide to wait until the end of their fiscal year to do it? Hint..Hint..could it be under the direction of Dr Shabibi they also told us the most opportune time to conduct a substantial revaluation is at the beginning of a fiscal year? Their fiscal year begins January 1st. Also I then back up with my conversation I had with my CBI contact that told me her committee to switch out the notes still intends to go forward with the process of deleting the zeros at this same time period also. Coincidental? We can only pray that this new process to begin at the end of 2024 will bring success for Iraq. [Post 2 of 2] Yada Folks, just because we hadn't gotten the release yet, doesn't mean that it's not happening in Iraq. 140+ delegate have left, the celebration at the Port Faw taking place and the contractors were paid. Sandy Ingram A trade surplus generally increases the value of a currency due to higher demand, while a trade deficit tends to weaken it because of increased supply...The relationship between import and export costs and currency value is driven by the supply and demand dynamics in international currency markets - Forex. Iraq's plans for income outside of the oil industry hopefully can eliminate any potential imbalances in imports and exports. Even the United States is striving to balance the import and export revenues. When you hear [Trump] saying, let's make the country great again, what he is actually saying is, we should decrease imports and increase exports. And we will decrease the imports by adding tariffs to imported goods. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy just told me when Iraq cancels the auctions and the change over occurs to the dinar, that's actually a process of the revaluation. FRANK: That is the last step in the process...The question is, when will this happen? In my strong opinion this is based on the ending of the auction on December 31, 2024 then January 1, 2025 should be a start. Of course you know this is the Middle East so I'm not offering you a date. You know the Iranian politicians in Iraq are doing everything to stop it. If this event wasn't real, they wouldn't be stopping it. MarkZ Article: “Our economy and banks in 2025” This is an ongoing theme in Iraq. We saw similar articles right before Kuwait revalued their currency. Iraq is in a phenomenal position compared to the rest of the world. I understand why Jaimie Dimon called Iraq the “Economic savior of the world”. Walkingstick [Iraqi bank friend Aki update] AKI: My bank represents the CBI. It represents my boss Sudani. We will give you hundreds of these private bank sites that will represent the CBI. They are not going to be hard to find. You will see them all over in many different areas especially close to banks. Militia Man Article quote: "Tomorrow the opening of the electronic passport system in American cities of Los Angeles and Detroit." What's that mean? We have some big populations of Iraqis in those communities. On the 16th they're going to allow you to get a passport electronically. There's going to be a lot of Iraqis that have Iraqi dinar just like we do. When that purchasing power comes...they're going to have purchasing power. That's why Sudani and other have been hoping they could repatriate those people to help that money they have come back home and invest. The electronic passport system...in coordination with the Ministry of Foreign Affairs is a big deal. Is there any coincidences? I don't think so. There are no coincidences. Frank26 You know how many times that makes that Sudani told the citizens that he's going to keep his solemn oath promise to give them purchasing power? You know how many times he has said that? This is the ninth time...Why would Sudani be a habitual informer to the citizens that he's going to keep his promise of giving them purchasing power through a new exchange rate by lifting the three zeros off their exchange rate and introduce lower notes? Why would Sudani do that so many times? Clare Article: "Interior Ministry: Tomorrow, the opening of the electronic passport systems in the American cities of Los Angeles and Detroit" Quote: "The Directorate of Civil Status, Passports and Residence would like to inform citizens regarding the campaign to open the electronic passport system outside the country to be available to Iraqis residing abroad." Samson Article: "Interior Ministry: Tomorrow, the opening of the electronic passport systems in the American cities of Los Angeles and Detroit"

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 Walkingstick [Iraqi bank manager friend Aki update] WALKINGSTICK You told us about these bulletin boards/ billboards that are going be brought to you there at the bank...Do you have the bulletin boards, you know the ones that you told me that they were going to send you with the pictures...explanations/descriptions of all the notes? You have...the ones you told me are going to be distributed to all these currency centers, to all the banks? [Post 1 of 2....stay tuned] Samson Article 1: "Al-Awadi: The communication between the Prime Minister and the US President-elect was highly positive" Article 2: "Trump welcomes working with the Sudanese and wants to meet him in the near future"

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 Walkingstick [Iraq bank friend Aki update] Aki, where is he at? Michigan. What's he doing? Taking care of a bank. Also taking care of over 90 currency centers around Michigan. Why? Because of the Arab population in Michigan. It's massive. It's probably the largest of all the 50 states. That's why Aki has his bank there. Clare Article: "Iraqi Priest Prays for Trump’s Victory: Calls on God to Send a Strong Leader to Protect Persecuted Christians and Bring Peace to the Middle East" Quote "In a heartfelt prayer on the eve of the U.S. presidential election, an Iraqi priest publicly appealed for divine intervention, asking the Lord to bring a strong leader to the United States - one who would protect persecuted Christians across the globe, particularly in the Middle East."

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 They are so so close. Our elections, we're down to what, five days. These five days will be concentrated with so many concluding thoughts. These remaining days of 2024 are so concentrated on the monetary reform policy. Guru Clare Article: "The CEO of the Iraq Stock Exchange has been relieved of his post" Quote: "The market's CEO, Taha Ahmed Abdul Salam, was dismissed from his position today, Thursday...The head of the Securities Commission, Faisal Al-Haimus, was also chosen to replace Abdul Salam." Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is saying Sudani and Saleh are telling Iraqi citizens our relationship with America needs and will turn to economic and will fade away from a military relationship. Militia Man Key point, Iraq has very little external debt based off her income streams, non-oil, oil, she's got a lot of money. $20 billion [external debt] isn't a whole lot of money in comparison to what they have income wise. Walkingstick [Iraqi Bank Manager Friend Aki Update - Reference Walkingstick's 10-31-2024 Aki update] It would behoove them to now put the pictures and the explanations of the lower denoms on the bulletin boards at these currency exchange centers. Aki owns 90 of these exchange centers with his conglomerate. You know why? Because it's all about the money. They don't get involved in politics. They don't care about parliament. They don't care about any delays. It's only about the bottom line. Frank26 The HCL cannot function at a program rate. That's why they're giving you the scientific interpretation of why they're lifting the three zeros, in order for this to make sense...and work for you Iraqi citizens. Clare Article: "Al-Mashhadani is the new speaker of the Iraqi parliament" Quote: "Mahmoud Daoud Salman Musa Al-Mashhadani (May 20, 1948-), an Iraqi politician and the first speaker of the Iraqi parliament after the US invasion of the country. He chaired the Iraqi Council of Representatives from 2006 to 2009 and was elected again today, October 31, 2024. He was also elected President of the Arab Parliamentary Union in 2008." Samson Article: "Al-Mashhadani is the new speaker of the Iraqi parliament" Quote: "The Iraqi Parliament elected Mahmoud Al-Mashhadani as its Speaker on Thursday evening, after nearly a full year..." Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy said all branch bank managers have gone through and now completed international service standards in banking reforms as of yesterday morning. FRANK: Why? Because of the float. You have to have a new exchange rate if you're going to float it.

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 There's no inflation so there's not going to be a lop...They're going to add value to their currency. Why? Because they have valuation. Walkingstick [Iraqi bank friend Aki update] Question: You're asking us why we are not talking to you about these [lower note] commercials. Can you tell us more about them? AKI: Yes, they are coming out. This is the media campaign we told you about. It's getting faster and faster and louder and louder. The purpose is to show the citizens the new lower notes and more information. These commercials are coming out at any time now. Nothing is in the way to block this next step. It is a massive media campaign. [Reference: Walkingstick's post from 8-27-2024 below] Walkingstick [Iraqi bank friend Aki update] New York is to remove the red tape that the United Nations is still holding on the banks of Iraq that are not participating in the monetary reform. These sanctioned banks may stay sanctioned or be shut down completely. It really doesn't matter to the monetary reform process but this is something that is needed to be done. [Repost of 8/27]

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 Obviously the budget is going to need to have an exposure of an exchange rate. After all these months, 8 months, 9 months, 10 months, why haven't they gone international at 1310? Why haven't they been put on the Forex at 1310 so they can...pay for all the roads, pavement, buildings, schools and try to find investors to physically come in with not a freedom of capital movement? I don't think they're ever going to be able to do that without having a Real Effective Exchange Rate. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Not seeing anything about the lower notes but...Saleh was on TV talking about how hard it is to stabilize a currency saying many things go into this and said the dinar is stable now and secure...He is opening up more to us on the progress of the monetary reform. FRANK: They give you all this monetary reform education because they are about to give you your purchasing power from it. If the purchasing power was not coming to you they would never have promised it to you in their speeches and you wouldn't be seeing your country exploding the way it is right now. MarkZ I am not hearing we are waiting until after the election. Walkingstick [Iraqi bank friend Aki update] New York is to remove the red tape that the United Nations is still holding on the banks of Iraq that are not participating in the monetary reform. These sanctioned banks may stay sanctioned or be shut down completely. It really doesn't matter to the monetary reform process but this is something that is needed to be done.

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 We [The United States] are circling the wagons. If we circle the wagons we're going to cut the economy off of Iraq and we're going to make them hurt. That's not good for the Iraqi dinar. Fnu Lnu It has now been announced that the US troops will not be leaving Iraq. The United States will never, in the foreseeable future, be leaving Iraq. We simply have too much invested in them to have another Afghanistan style departure. The USA is there to stay! Walkingstick [Iraqi Bank friend Aki in Michigan] The monetary reform is very solid. Things are looking good...What happened with the CBI governor, he's not going anywhere. The government can't fire Alaq in the same way Maliki fired the governor of the CBI Dr. Shabibi. Maliki had no authority, he had no right to fire Dr. Shabibi. Dr. Shabibi went and worked with the US Treasury to make sure the monetary reform plan was completed. Zester [MarkZ's son] is currently undergoing the stem cell treatment. He is in good spirits. He will give an update as soon as he can about the first treatment. Please keep Mark & Zester in your thoughts and prayers.] I am hoping this is the week we are all blessed...keeping my fingers crossed it happens in the next couple of days…but, no one knows. If it was my choice it would have happened years ago. But I am confident it will happen. Militia Man Article: "Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days" To be fair, that statement could be misleading because it's not Iraq's job to do anything to the United States currency value. They don't have any control over it, period. But what they do have control over is the dinar, that metro-dinar. They can change the value of the currency. Alaq said the delete the zeros project is still in play. If they raise the value of the Iraq dinar, obviously the value the currency in respect to that ratio is going to change. Samson Article: "Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days" Quote: "The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days." Nader From The Mid East The U.S. is not a hold up. You guys can call it like that but the US is not a hold up. They want to really help the economy in Iraq. Because they destroy it, now they want to build it again. They're waiting for the right moment to put it back normal. Jeff The middle of Iraq's fiscal budget period has everything to do with the timing of the rate change. Militia Man Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Saleh...is educating the people...They're keeping it fresh in the citizens minds as there's a likelihood there's going to be a big change coming. That will likely reflect the flexible exchange rate system. Clare Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Quote: "Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices? These are paths that have no answers on the ground and are really very ambiguous" Samson Article: ”Government advisor explains the possibility of using the dinar instead of the dollar in oil sales"

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 Jeff The Supreme Judicial Council are suggesting [Alaq] is going to be forced into retirement. I want you to realize he was only put back in to commission the rate change because they've already printed the new small category notes in the year 2018, and his signature is on them. The timing of his retirement is critical. Breitling Would they revalue their currency right now, wouldn't the US force them to do it? No. They can revalue the currency, they've been able to revalue to the currency any time. The key is their note count. This is what sucks. They could have done it five years ago, ten years ago. Reduce their note count. But once they reduce their note count and they get it up to its value, if they're not situated in the market correctly, it's going to loose it's value, people are going to loose confidence in that currency, then it's done for. They're never going to be able to get it back. They'll probably have to re-denominate. That's what they're worried about. MarkZ Well this is the craziest thing…the CBI have started sending out procedures and instructions on how to handle exchanges to banks. It is clear to me that they are preparing. You can go to the CBI and read it yourselves. Pimpy If it could be proven that [Alaq] was involved with some criminal activity...then he should be out of there and convicted...But if it's all bullshit and this is another one of those moves by Maliki and the Coordinating Framework then people have to do something...So we're not sure where this information is coming from. But that doesn't mean you shouldn't listen to the news, because this person is like, 'See Pimpy, you said there is no fake news.' I did not say there was no fake news but not everything can be fake news. Just because you don't like the information...it must be fake news. Nope. What you got to get to is the bottom of why this situation is there in the first place...Like anything else you have to be able to sift through the crap that you're hearing and make a decisions on whether the news is real or not... Walkingstick [Iraqi Bank friend Aki in Michigan] Question presented to Aki - Concerning the statement that was made by a representative of the WTO [about Iraq launching a fully convertible currency in October - See Frank26 Lunchtime post]? AKI: I didn't hear anything about October. WALKINGSTICK: I would call it scuttlebutt because the interpreter was telling me that he says he's not sure about that...but he knows there are rumors out there about when this is going to happen. AKI: I did hear about the WTO guy. Maybe he's talking about a new currency that would be convertible prior to October but there is no mention at the banks about October being the date. If anything I have heard it is before that. Militia Man Article: "Government signal: high export capacity boost currency value" It's an education piece. Why is the country of Iraq and the financial advisers talking? Because the fact things are changing. They want to make the people aware that there are things happening. I believe give reassurances to why they're doing what they're doing. If you're going to have a value change...people need to have a little bit of a warning.

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 Sandy Ingram If the Iraqi dinar revalued next week are you ready? ...Understanding this one fact, you will do just fine. The wealthy never never ever spend their bases or the foundation of their wealth. In your case this would be the profits from your Iraqi dinars. Wealthy people invest their initial profits. The first person they hire is a financial advisor. The second is a tax professional to make sure Uncle Sam doesn't get large sums of their money. If you do anything else you are in the fast lane to going broke. Clare Article: Iraq announces the start of direct flights between Baghdad and Beijing" MarkZ I keep getting loaded up on the Rumor side …There is a lot going on and they are saying that we hit the banks sometime around July 12th. We will see what is accurate as we get closer… but my goodness, the enthusiasm from the banking side and the group side is nuts. It’s exciting but I don’t want it to be another let down. Frank26 Question: "Have the new smaller notes been revealed to the citizens of the public?" No. Walkingstick [Iraqi bank friend Aki update] The CBI board of directors decided...to hold meeting with only all of their executives of all their banks. These two or three meeting are going on. This is on the subject of the monetary reform, lower notes, exchange rate, budget. These next few days are going to be very silent. The press will not cover it. No one will know anything about it. They will suppress this information. This silence is normal and to be expected right now. [Aki] has seen this quietness before when the CBI was getting ready to make a major move. Militia Man Key players are ready to get this thing done. It's a very good sign. I honestly believe we're watching history in the making. We're seeing progress like no other. If you're paying attention I think you guys should be really pumped and excited that things are happening.

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 Walkingstick [Iraqi bank friend Aki update] AKI: It's about time. WAlKINGSTICK: What he's telling us is it's about time to release the budget and the new exchange rate with the lower notes. That's what he meant. Suzie WTO Article: "FORMAL WORKING PARTY MEETINGS 2024 18 July 2024 - THU 18 JUL 10:00 Working Party on the Accession of Iraq" This is good news for Iraq on their accession to the WTO. Hopefully they will have or shown us by that time a new rate for the dinar. While international trade and economics are the important criteria for membership, having an international tradable currency is not a "cast in stone" issue but I certainly would think Iraq WOULD want that for credibility purposes if nothing else.

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 Walkingstick [Iraqi bank friend] Aki in Dearborn...he's got one [new ATM machine like the ones delivered in Iraq]. Militia Man All we're looking for now, to some degree, is when are they going show these amendments to be law. We heard different things about the president having to sign, not sign, we have 15 days time frames and people are debating on when that time frame starts - was it June 3rd or was it the day he received it? Do we know the exact day he received it? I don't. But we know our time is short...Once the amendments are passed into law, we'd like to think that prior to that they're going to expose the new real effective exchange rate and probably mention they've done the project to delete the zeros which get you the nominal effective exchange rate.

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 Kaperoni ...New currencies coming out in Iraq. Not true, the Iraqi dinar is the currency of Iraq. As far as any new smaller denominations, they will be introduced only as needed, if and when the value increases and warrants so. There is no significant RV! MarkZ I do have some reports of a few groups that were requested to update NDA’s this weekend. There were multiple reports, which is interesting. A couple of these sources I know personally so believe it is spot on. This is from “Grouped currencies” Not individuals like you and I. With updating their NDA’s – the leaders are expecting something very soon. Walkingstick [Iraqi Bank friend Aki update] In the coming days means at any moment now. The articles are going to be showing pictures of the lower notes. It's also going to give descriptions in the articles of the lower notes. Militia Man Article: "You will start with the transfer of 2 billion dinars" Quote: "Parliamentary legal department, the budget will be dispersed and will not be affected by appeals." There's been some misunderstanding about that out there...

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 Walkingstick [Iraqi bank friend Aki - highest level banking meeting update] Sudani is putting contracts in place to be implement inside of Iraq. Sudani has been doing this with thousands of contracts. "In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's projects. Those contracts will be fulfilled for their value but paid in IQD's only. Samson Article: "A parliamentarian challenges the budget schedules before the Federal Court.. Document" Jeff The budget is unconstitutional and appeals have already been filed with the court. The court is going to step in, it's going to be overturned. [Reposted]

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 Walkingstick [Information from Iraq bank owner #1- a friend] Ever since Sudani came back from Washington DC the government of Iraq...has been in the process of making...videos, commercials, advertising. Sudani has been doing this on behalf of the executive level of all the private banks...These videos will soon be released and shown on Iraqi television and the big screens. Suandi and the GOI are making these videos with the executive branch of each bank to teach the Iraqi citizens about the new national currency...and the process of the new exchange rate. [Post 1 of 2] Walkingstick There will be a primary video, a spearhead video. The videos will be with the head of the private banks, the governor of the Central Bank of Iraq, the whole of the board members, the government of Iraq, Sudani himself, the Minister of Planning, the Minister of Finance, the Minister of Oil. It will encompass all of the GOI of Sudani because the GOI encompasses the entire executive branch. The videos will explain to the Iraqi citizens the process of the monetary reform and where it is at that moment. [Post 2 of 2] Militia Man There is an existence of the Chapter VII charter of the United Nations that has not yet been resolved. It's still restricting the sovereignty at the international level. The pressure is on and it looks like the UN is waving that flag to Iraq reminding them that there is that component still. MarkZ Gold is up in Iraq- meaning Iraq’s gold reserves rose significantly. They are preparing to be unplugged from the SWIFT. To do that they are going to need a new value.