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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 The whole thing is basically doing what? Restoring confidence, engaging the private sector. Iraq's going to be going international. What we expect to see is that Iraq has an IMF article VIII compliant currency that has a Real Effective Exchange Rate (REER) that supports the value of the currency and does restore that confidence...Is 1310 exchange rate going to restore confidence? ...In my belief absolutely not.

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, Central Bank of Iraq, the whole country is going to bring confidence to the International financial system and they also stated the largest banks in the world...who's there [in Davos] is involved, JP Morgan Chase and all the bigger banks. Pimpy Infrastructure, education, tourism, oil and gas, agriculture, electricity, energy - a big chunk of these projects are targeted to be done the end of 2025...If this is accomplished by Iraq this would be a huge facelift to the entire country...Now what is the problem Iraq has always had? In the past...they would start them and then steal the money and never complete the projects...IF they could just keep the corruption low and do what they say they're going to do, these are why I think the Iraqi dinar will go up in increments... Nader From The Mid East We coming out from war. We coming out from the worst thing in our life. We just start to walk...We just start to grow...It almost collapsed but didn't collapse. It maintained itself and maintained himself stable...The only thing that destabilize the economy of Iraq is the war...Iraq is a very strong country...In a couple years Iraq is going to be one of the stronger countries in the world...Iraq is very strong. [Post 1 of 2] Nader From The Mid East Iraq survived the worst thing in their life. We survived 3 or 4 wars in the last 50 years. We survived it and each time we came back and we came back strong. This time we're going to come back very strong...Iraq economy never collapse by himself. Iraq economy always stable unless somebody else disable it for them. Iraq's economy is one of the best economy in the world and it's going to come back to the best economy in the world. The negative things about Iraq will never revalue, it's a scam, that's all bullshit. Iraq's going to come back one day and it's coming to come back soon. [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 Paulette I am very encouraged that if they can get their parallel Market Rate within 2% ending the MCP they currently have everything we are hoping for will begin to move quickly. Based on Aki's reports, it appears all is ready behind the scenes. Militia Man It's absolutely a fact Iraq is taking about the WTO. They're taking it serous. Saudi Arabia being one of the main focus points in the region are giving utmost support...They said there's no political boundaries anymore. They've completed everything they need to do to get in. I think it's awesome. I think it's great. Pimpy [Response to Nader's Iraq's economy is one of the best in the world - AFTERNOON] No it's not. Not right now...There are other contributing factors...I agree in the future [they're going to be fine] but I'm talking about now...Anything is possible in the future but in their current position these things are what's wrong that need fixed... Frank26 [Iraq boots-on-the-ground report] FIREFLY: On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar. FRANK: Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you. This is the next phase IOO...This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar. [Post 1 of 2] Frank26 [Iraq boots-on-the-ground report] FRANK cont: They will never talk to you about something that needs to be done. They will talk to you about it after it is done. That is what is called the float and that is what is going to take you back to your RI. Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...The goal of the CBI is to reach the Real Effective Exchange Rate. In doing so it adds value to you even thought it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for. [Post 2 of 2] Clare Article "An exciting statement by Al-Sudani: How will Iraq double its non-oil revenues by 200% in just two years?" Quote "For oil revenues to be 80% of total revenues, non-oil revenues must be more than 24 trillion dinars, which means doubling them by about 200% of their current number"

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 are involved in this dinar investment. The next step is the most crucial. It's the most dangerous for you...I'm concerned for you...I wish you well. I've already prepared you. I've already told you what to do... Pimpy Iraq's minimum exchange rate needs to be in order for them to be compliant with the IMF - Take the SDR $1.33 minus 2%...Iraq has to be at an exchange rate at a minimum in order to be in compliant with the IMF...$1.28... I like the way Pimpy is thinking here..! Walkingstick The rate doesn't matter. You're going to trip over you own feet when it finally does float because you're going to be looking for a rate. Watch the growth of the dinar's value. Samson Article: "More than 800 companies at the Baghdad International Fair...an active Japanese presence and solid international companies enhancing their presence in the local market"

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 "The International Monetary Fund welcomes Iraq's accession to a program that supports economic reforms" All I could say was Holy cow! That's huge. The IMF, remember who they are. They are the one who give Iraq/CBI permission to raise or lower the value of their currency, to print or to destroy currency. Everything they do in their banking structure is governed by the IMF...This is the announcement by the IMF that Iraq is international.

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: Banking news today on Channel One for the first time ever they're telling us our bank in Iraq have recorded assets over 200 trillion dollars. News says accounts are up all over the place. FRANK: I kept telling you, you have no idea how much they have to back up their currency. That's just assets. You also have futures in the ground, contracts that have been signed, supply and demand of the basket...I get the chills thinking about the power of this nation. Guru Clare Article "For the first time...the assets of Iraqi banks record an unprecedented number" Quote “the volume of assets of Iraqi banks operating in Iraq amounted to more than 202 trillion dinars, which is the first time that it has exceeded the barrier of 200 trillion dinars.”

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 Question: "Once the black [market] rate gets close to the official rate of 1320 will the CBI wait for a while to move to 1000 to be sure it's stable or will it quickly make the next move to 1000?" Our desire is to see another exchange rate movement which would be somewhere between let's say 1,200 or 1,000 to 1. We believe that's what will happen next. But I don't think we'll get to see it because of the speed things are happening right now...

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 Wolverine Iraqi Prime Minister Al Sudani and the Governor of the Central Bank of Iraq Al Allaq would both be attending the World Economic Forum in Davos Switzerland for the annual meeting January 14th to 19th. “Everyone is expecting the RV on Sun. 14 Jan” according to Sudani... The IMF, which is in charge of timing, said, “Anytime Friday to Sunday.” When & where did the IMF say that..? - And, if said, it is probably for next weekend...LOL ... Everything is ready to go. There is nothing more to do, we just have to sit back and wait for the Green Light. Well, it's the 14th and nothing has happened, and the CBI had another Auction today. Militia Man The Central Bank of Iraq...they're not going to be doing all the banking...JP Morgan Chase, CitiBank...those are the the banks that are going to be doing the correspondent work with the trade, cross border payments...That's what we've been waiting on. That's what happening. It looks like the international institutions have the green light. Looks like it's a pretty phenomenal time frame for that....

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 IMO they'll go up in increments. One of the things Iraq needs to really start working on is non oil revenue...A lot of [construction] projects started in 2023, a huge chunk of them start in 2024. The deadlines are between the end of this year stretching out all the way to 2028 with the bulk of them having a deadline of 2025. This is a lot of job opportunities. This is a lot of infrastructure being done. This is a huge change in Iraq. All of this strengthens their economy and...strengthen the use of the Iraq dinar...This is not small by any stretch of the imagination...When Sudani said 2024 was going to be the time Iraq was going to change, this is what he's talking about. This is huge...This is what I'm focused on. There are hundreds and hundreds and hundreds of projects starting in Iraq... Frank26 [Iraq boots-on-the-ground report] FIREFLY: House of Representatives is talking today about what is needed in the final steps of the WTO. We are part of it now. They've told us this. Iraq can perform global trades. They're talking about this how it's needed for our monetary reform.. Militia Man Article: "The International Monetary Fund welcomes Iraq's accession to a program that supports economic reforms" Quote: "Thursday...the International Monetary Fund welcomed Iraq’s accession to a non-financing program to support economic reforms" After decades of involvement...the specificity of many things are likely to be known by the IMF, exchange rate regimes be sure. For Iraq to be moving forward with all reforms ...in that there is no financing needed should be eye opening for everyone. How does non-financing work with the IQD at 1,310 IQD to 1 USD for to pay for projects and commodities? It has not ever while with an IQD exchange rate of $.0006 or even $.0007 to the dollar. So why would it be any different now? It clearly wouldn't. MarkZ Article: “Iraq won the position of Director General of the Arab World Institute in Paris” This means they are on the world stage. What is going to be necessary for this? Full membership in the WTO and a new rate. That would make sense. Yesterday was a great news day from Iraq where they are openly talking about changing their value and a rate competing with the US dollar. Clare Article: "Al-Sudani concludes his visit to Switzerland and returns to Baghdad" Quote: "meetings were also held on its sidelines, which are the following: ■ Meeting with French President Emmanuel Macron ■ President of the Swiss Confederation, Viola Amherd ■ Secretary-General of the United Nations, António Guterres ■ Secretary General of the North Atlantic Treaty Organization (NATO) ■ US National Security Advisor ■ President of the World Bank Group ■ Director General of the International Monetary Fund ■ President of the European Commission ■ President of the European Bank for Reconstruction and Development (EBRD) ■ Saudi Ministers of Trade and Investment ■ International Finance Corporation (IFC). ■ regional CEO of JPMorgan ■ Secretary-General of the Organization for Digital Cooperation ■ President of HKN Energy Oil Company ■ 57 international companies specialized in oil, energy, and other economic fields ■ Interview with Bloomberg website ■ Interview with the Wall Street Journal..

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 IMO those of you that deal in commodities...you saw 1.68...on the 15th. Today you saw 3.04 on the commodity trades with the Iraqi dinar and you saw it being done in Iraqi dinars, no other foreign currency ...based on what we are seeing, they are agreeing to the future rate of the Iraqi dinar in commodities in dinars. These are contracts...to buy or sell a specific quantity of a physical commodity at a specific price on a particular date. Basically what you saw...IMO are Futures. MarkZ Article: “Iraq and the IMF are discussing cooperation and start meetings soon to support a reform program” They would not be having these meetings on Iraq on the world stage unless they were ascending to the WTO and about to have a valuation change. And that is certainly what we are hearing from contractors and government officials inside Iraq. We just don’t know the exact time…but know they are prepared. And they told us via an article...that they are getting ready to peg their currency to a basket of currencies from the region to increase the value of the dinar to compete with the US dollar.

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 I've had people say can you make an argument for the $3.22 rate? Yep. Can you make an argument for the $1.17 rate. Yep I can. I can make an argument for all these different rates easily but there's a difference between making an argument for what you want versus the reality of things of what's going to happen. Frank26 What did we say they were going to do on the 15th? Go international. Do you think they did? Yeah. It's not for me to prove it to you, it's for them to show it to you. But let them show it to the citizens first. Not so Frankie. They're working towards that, but haven't yet achieved it..! Militia Man Now you have 5 articles from the WTO, you have documents from the Central Bank of Iraq, 11 pages talking about metal coins? Why would you be talking about metal coins/currencies and exchanging notes, counting them, mechanisms to do all that when you don't have any? 1310 there's no coins. Then you see 5 articles about the ascension to the World Trade Organization...I'm pumped. I'm excited about it. Militia Man & MarkZ Militia Man: Last July Al Alaq said the “Drop the 3 zero” project still exists. Not a lop…. They are going to add value to the dinar and adjust the exchange rate... A good thing is Sudani keeps warning the citizens that the dinar is going to be stronger then the dollar…he said it more than once. Mark: Iraq is positioned well for the world wide economy... Militia Man: Iraq is going to be a very wealthy country. GameOfPatience Iraq is waiting for their reforms to be implemented to complete their accession and join [WTO]! Clare Article: "Saudi Arabia strongly supports Iraq's accession to the World Trade Organization" Quote: "the head of the Saudi delegation confirmed that the Kingdom believes that Iraq is a country that has chosen peace and stability and seeks to achieve economic development, pointing to the importance of Iraq to the Kingdom of Saudi Arabia from an economic standpoint." Paulette Based on the articles today, it looks to be clear that Iraq still has some work to do for full accession to the WTO, but it appears the final push is on.... MarkZ & Militia Man Article: “Iraq recalls ambassador from Iran after missile strikes-Ministry” Mark: This is concerning while we watch what is going on in the middle east. There were missile strikes launched from Iran to the Kurdish region of Iraq. Question: Do you think the attacks on our embassy…in Erbil, Kurdistan will hinder/delay the RV? Mark: To me this doesn’t change what’s going on economically…and if anything may put the pressure on to move things faster. Militia Man: Iran is in a pinch…their cash cow is going away. Stopping the graft at the Iraq border will stop their ability to do the money laundering and smuggling through customs. So, imo this attack is blow back…. Pimpy This was a concern, Iraq was definitely on the right track but it appears that at no fault of their own their country is being bombed by two different nations [Iran and Turkey]. Let's just hope whatever is going on it gets over with quickly so that Iraq can get back on track... Frank26 Beside Sudani and Alaq, the only two we listen to, I want you to add Barzani. As time goes by you'll understand why. Barzani is working very nicely with Sudani, Baghdad, the GOI...We're adding Barzani to the group. Sudani and Alaq are explaing the monetary reward to the Iraqi citizens, so is Barzani for Kurdistan Iraq. MarkZ In Iraq Article: “Al Sudani discusses with JP Morgan the opening of accounts with Iraqi banks.” This is a worldwide thing and to me this means international. Fnu Lnu [Response to Pimpy's 1-15-2024 post below] Iraq has more oil than Kuwait. They also have a huge, top of the ground, gold deposit...Iraq has a very large gas supply which would add nearly 3 billion cubic feet a day (bcf/d) – around 517,000 barrels of oil equivalent per day. This will fuel gas powered electricity production. This will eliminate Iran from the equation and they would lose their grip on Iraq..[Post 1 of 2] Fnu Lnu There are several plans afoot... Iraq recently held a two day event looking for foreign investment to develop their mineral resources. During the event, Minister of Industry and Minerals Kahlid Battal Najam offered investors long-term partnership opportunities in a long list of state-linked phosphate, nitrogen, Sulphur, fertilizer and glass production projects. No, Iraq is not short of means of diversification. These examples just scratch the surface..[Post 2 of 2] Pimpy Q? : Why is it that the Iraqi dinar is unstable? That is because they rely too much on oil sales. 95% of their budget relies on oil sales. There's too many people out there going, they got so much oil there's no reason why their currency isn't valuable. No, you don't understand. That's the problem. Article Quote "The CBI devalued the notation currency in December 2020 amid a sever drop in global crude prices which threatened economic collapse given Iraq's heavy dependence on oil exports..." If it wasn't for the fact that they devalued the Iraqi dinar they would have collapsed...Reposted (1/15/2024)

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 I'm not the 100% good news guru, sorry. I'm the grounded and I'm just going to tell you the truth guru - Good, bad or ugly. I'm hated in the dinar community. I was given the bad body of the dinar community label which is kinda funny because you would think I would be the good boy because I'm being honest...But it doesn't bother me...This is about what we need to accomplish, what direction we're going into, how much we've accomplished, How close is it to a reality... Militia Man The fun part is we are watching history in the making...Saudi Arabia strongly supports Iraq's ascension to the World Trade Organization...They've basically said Iraq has completed everything needed to be done. Everything is just shy of announcing they have WTO ascension.

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: "JPMorgan Bank announces its readiness to open accounts for three private Iraqi banks" HEY CHASE BANK MANAGER... READ 'EM & WEEP!!! I TOLD YOU SO! MarkZ We have articles that say their ascension to the WTO was approved back in Feb of 2023. At this point I believe they are just dotting the i’s and crossing the t’s … My contracting sources in Iraq say the valuation has been determined …and we are just waiting on the release. I think that is very accurate... Nader From The Mid East The export of oil is going to go up. Tourism...go back to normal. A lot of things will go back. But nobody know that. I see a lot of negative things. Everybody is talking bullshit. They are going to have to revalue it [the dinar].... Sandy Ingram So far the conflicts in the Middle East have not affected the Iraqi dinar exchange rate. Iraq continues to increase its GDP and create more streams of income outside of the oil industry. These are the recommendations of the IMF to create economic stability. Pimpy Let me make this perfectly clear, the deletion of the zeros has nothing to do with the exchange rate. They're talking specifically about the bank note... Militia Man The deletion of the zeros project off the exchange rate. Alaq has done it. Seleh has come out and done it in the last two days...It's fresh. It's important. We all know the WTO is about trade. If anybody thinks they were going to do this at 1310, show me why because they could have that that a year ago at 1450...They didn't... Clare Article: "JPMorgan Bank announces its readiness to open accounts for three private Iraqi banks " Quote: "JPMorgan Regional CEO for the Middle East and North Africa, Khaled Hoballah, announced ...the bank’s readiness to enhance cooperation with Iraq and open accounts for three private Iraqi banks." Samson Article 1: "JPMorgan plans to open accounts for 3 Iraqi banks" Article 2: "Al-Sudani discusses trading in digital currencies with JP Morgan Bank" MarkZ They are calling to no longer have a fixed rate. But, attaching it to a basket so its value can compete with the USD. You know they have been working on de-dollarization. One US dollar buys 1300 dinar right now. For it to compete with the US dollar…the rate needs to be a whole lot closer...I know things have been moving slowly, slowly, slowly… I think we are about to see the “suddenly” part of this thing. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television showing Sudani in Davos. He's sitting right next to JP Morgan. A representative on the news showing they are ready to open three more branches here in Iraq with private Iraqi banks...FRANK: JP Morgan...knows what's going on and they know that a new exchange rate is coming. The employees of Chase don't know anything but the Chief Executive Officer of Chase, Dimon obviously does know and is making an amazing statement in these articles... Militia Man & MarkZ Militia Man: Economic experts in Iraq are talking about using a basket of currencies. They are talking using other currencies and for the dinar to compete with the value of the dollar. Mark: When you said Iraq plans to compete with the US dollar- They cannot compete with the USD at 1 dollar buying 1310 dinar. Militia Man: I just read that the basket of currencies with the Euro, the Chinese yuan, and the UAE durham will be used to value the Iraqi dinar in the way that competes with the US dollar. That is the quote. Mark: That is telling.

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 Article Quote: "We completed in one year the equivalent of more than 15 years of work..." The delegation has been working with Iraq to have an ascension to the WTO. They're telling you they did the equivalent of 15 years worth of work in one year...It's flat out knock your socks off good information. It's not me making it up, not anybody else making this stuff up. This is what they're giving to us to share with you... Clare Article: "The House of Representatives discusses the latest requirements for Iraq’s accession to the World Trade Organization" Quote: "... Iraq has completed all the requirements for joining the World Trade Organization in 2023, and only legislation remains." MarkZ Article: “Al Sudani arrives in Davos to push the “Development and Road Agenda” He is pushing to be international in world trade. Mnt Goat The news...could not get any better. I know we all await news of the accession of Iraq to the WTO. Many have asked if Iraq has already completed the accession process. I will tell you they have completed it and we are waiting for the announcement of full accession but there is some legislation requirements that must be met first. Why is the WTO important for our investment in the dinar? It is important because Iraq will need an international currency in order to trade with the international markets.

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 There are 4 major reasons Kuwait, Iraq's next-door neighbor has the strongest currency in the world...Kuwait dinar is $3.36... 1. Major exporter of oil. Kuwait is estimated to hold 10% of the world's oil reserves. The tiny country has a population of 4.3 million people vs Iraq who has approximately 43 million people and a lot more oil than Kuwait. 2. Kuwait has an excellent reinvestment of oil revenue. Kuwait uses its oil revenue to build infrastructure and develop microeconomic sectors to increase its GDP. [Post 1 of 2] Pimpy If I'm being honest I'm expecting a small increase in the exchange rate in this budget. I told you in the first quarter of this year I was expecting it. But the last thing you need is all these headaches with bombings in Iraq and all the crap that's going on all the way around them... Frank26 Article: "Instructions and standards for the circulation and exchange of banknotes and counting and sorting mechanisms" FINALLY ... WHAT WE CALLED THE 2ND ARTICLE FOR THE CBI TO THE IRAQI CITIZENS! MarkZ There is a lot of news out of Iraq. According to the Iraqi press they are working hard on a change of value and deleting of the zeros. Deleting the zeros does not mean just take the zeros off…it means the dinar gains so much strength that you cannot use the bills with the 3 zeros on it… This is good news for us. Militia Man Article: "Iraq returns to the World Trade Organization 14 years after its expulsion” They didn’t finish fifteen years of work in one year to not have accession. The development road and sustainable development projects are only just beginning. Iraq as we have been noting here has been setting the stage for entering the international financial system. We are a part of and watching history in the making!! This is truly an amazing article... Walkingstick Movements before they release the lower denoms and new exchange rate we expected to see this... December was to have everything ready in place to go. January all these systems are being implemented through the monetary reform education. From private banks like the one Aki [Iraqi bank friend] represents to international markets as of today January 15, 2024 they're all international now. It's what we expected...there's not more to say...because everything now is in print... Mnt Goat NO, the RV did not yet happen! But we all should know the process is in motion. How can anyone deny it when we look at all the progress made in 2023 on currency reform. The dinar and dollar crisis filled the headlines every day. MarkZ Iraq needs the official rate to be close to the trading rate. They can fix this. Saleh and others are suggesting they let the economy figure the rate out and no longer have an official fixed rate. If the market decides that would remove the black market completely...This is similar to conversations Kuwait was having just before they RV’d and had a release in value. These are steps we have seen before in past currency revaluations. They have been doing this for quite some time…they are just now starting to tell us about 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 Sandy Ingram There are 4 major reasons Kuwait, Iraq's next-door neighbor has the strongest currency in the world...Kuwait dinar is $3.36... 1. Major exporter of oil. Kuwait is estimated to hold 10% of the world's oil reserves. The tiny country has a population of 4.3 million people vs Iraq who has approximately 43 million people and a lot more oil than Kuwait. 2. Kuwait has an excellent reinvestment of oil revenue. Kuwait uses its oil revenue to build infrastructure and develop microeconomic sectors to increase its GDP. [Post 1 of 2]Repost Sandy Ingram 3. Kuwait is tax free. Being a tax-free country enables the GDP to be higher and it just makes everyone happier not to have to pay taxes. Since May of 2007 the Kuwaiti dinar (KWD) is pegged to an undisclosed basket of currencies... 4. This is good news for some of you and not good news for others...Kuwaiti currency is scarce. It is very difficult to get your hands on a Kuwaiti dinar unless you are inside of the country...Being scarce when it comes to currency is a good thing. [Post 2 of 2] Frank26 Notice articles this week are focusing on the monetary reform education, which is about the currency, lower denoms, new exchange rate, accounting, banking reform, everything. It's all being unloaded onto the citizens of Iraq...Let's be fair, they're just getting started. Let's see what happens this quarter... Militia Man It's a numbers game and - the project to delete the three zeros, off of what? Monetary transactions or we can say off the exchange rate...That's a key important thing. Do the math on it... MarkZ Article: “Liberation of the dinar from the official rate: Obstacles and Solutions” They are again talking about the need to increase the value and adjust all the mechanisms to do so. They talk about killing the black market because the markets will determine the new rate. Walkingstick They are now in Davos... Iraq's monetary reform is a hot topic because Iraq's monetary reform is restoring confidence in the Middle East...These conferences are only by invitation only. To see Iraq there and to be the star at the Davos meeting tells us Iraq is no longer with a program rate. It is an impossibility...

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 No, it's not going to be reinstated at $3.22 rate. This is something that's going to be done in increments. There's either going to be an adjustment up or down. We don't know yet so don't get overly excited... Frank26 Question: "Is Firefly [boots on the ground in Iraq] optimistic or frustrated?" Both. He's optimistic because he knows what Sudani and the CBI have been telling the citizens of Iraq...Because he can go into a bank in Iraq now and ask questions and they will answer them point blank. But he's also frustrated because how much longer? We're talking about going into...January already. This thing should have happened at the beginning of the year. What's the hold up? Why are we waiting? MarkZ Comment: Another intel provider said the redemption center staff are on 45 min. notice to show up for work. Mark: I am definitely hearing they are on call for an hour or less to get to work according to 3 different contacts I have. Militia Man Article Quote: "The new role of government banking in financing foreign trade for the private sector is in accordance with approval of the International standards..." Iraq is telling you that they have the private sector in mind. They're doing it in what? In accordance with the approved international standards. Did they have that before? Obviously not. Why would they be talking about it if they did... Nader From The Mid East A lot of people talking about the circulation of the dinar. Some peoples 120 trillion, the other one 170 trillion ...The circulation of the dinar has been decreasing since last April...you see it going down, down, down by billions...Anyone worried about the circulation of dinar and it's too many dinar out there and all that the dinar is disappearing slowly...the dinar has been going down by billions, 156 billion, 160 billion...each month last year...

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 Tishwash Article: "Iraq returns to the World Trade Organization 14 years after its expulsion" Quotes: "Iraq is taking steps to return as a strong economic player by opening relations with Arab countries and all countries of the world..."; "...we accomplished in one year the equivalent of more than 15 years’ work..." Frank26 I don't think they're waiting for much of anything right now. They're moving fast. They're moving quickly in every aspect of the monetary reform. The next step is to show the lower denoms...new exchange rate and to allow it to float on an international platform...These are not subjects we are proposing to you, these are subjects that are in the articles themselves... Militia Man There's some very significant, big, big players exposed to this. We all know JP Morgan, CitiBank and others are 100% involved...See the picture of the Vice President of JP Morgan Chase doing deals with Iraq...You walk into the bank at Chase and your average guy doesn't know what we know, because what we know is - we study and we have the data to support and the articles that are public that present that information.

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 Question: "Is the US government placing a hold on the currency revaluation to keep people from becoming wealthy?" No, our government has nothing to do with the monetary reform of the Central Bank of Iraq...We did everything possible to make them modern and they are. But can we tell them, Okay go ahead do it now? No. It is strictly their prerogative. Pimpy Stop falling for that crap that there's no way Iraq can get all these major projects that they have listed in their budget unless they change the exchange rate. That's false. It's already accounted for. The budget is already created with the proper amount of money set aside for these projects. It's just done in Iraqi dinars with the current exchange rate. Henig Article: "Vietnamese currency to appreciate despite forex fluctuations" Quote: "Experts predict that recent fluctuations in foreign exchange rates are short-term, and the Vietnamese currency, the Dong, will trend to appreciate again in the medium to long term." Militia Man The Port of Faw is going be absolutely insane when it comes to...global expansion...How much revenue streams are going to go through? From the Silk Road...development road in to Europe...This is really exciting stuff...Why would all this be happening if Iraqis use going to be at this punishment rate of 1310 to the dollar? Why would Al-Sudani be going to Davos trying to explain how his country is going to be the savior of the Global Financial System? Fnu Lnu [Response to Pimpy's Post 1-12-2024 above] ...Iraq is an "IMPORT COUNTRY" with, at this time, little to export except oil. To rebuild the country, they will have to IMPORT almost everything they need, so they WANT a very STRONG currency so they get much more for their Dinar...If they were an export country they would want a very cheap Dinar as is the case with Vietnam who profits from a vigorous export business due to cheap DONG.

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-Alaq said he was going to delete the zeros/the project to delete the zeros off the exchange rate. What did Al-Sudani say? He said the dinar would be stronger than the dollar. What did Salih say? He said they were going to have a major announcement. We're going to see if all three of those guys are telling the truth or not. I have a feeling they are... Clare Article: "With the exception of Iraq...the World Bank announces a rise in food sector inflation in the world" Quote "..the International Monetary Fund announced a decrease in the inflation rate in Iraq, which is expected to stabilize due to the policy of the Central Bank of Iraq and the impact resulting from raising the exchange rate 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 Frank26 Question: "Do you feel the dong will go with the dinar?" I believe the dong is still a little bit behind the race of the monetary reform. I believe Vietnam has a lot of issues with China. I believe the Vietnam Dong has great potential...But unfortunately it is being shackled ...retarded ...abused by the banking policies that China continues to use... Pimpy Don't get me wrong, they're going in the right direction. They're taking the right steps to strengthen their economy to strengthen the Iraqi dinar but if you're thinking this is going to happen overnight, you are sadly mistaken...The Iraqi dinar IMO is going to go up in increments. I still believe you're going to see an increase in the first quarter of this year.

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 The lower denoms to me is the most top secret subject of the monetary reform of Iraq. The lower denoms and the new exchange rate that they have selected through the RV process. That to me is the most critical piece of information to release and that should be released in the last seconds of the monetary reform... MarkZ Article: “Sudani: We are proceeding in the wheel of reconstruction and construction despite the challenges facing us” Sudani says they are meeting and fulfilling their promises to the Iraqi people. Part of the wheel of reconstruction is the Monetary reform and the White Papers and making the dinar stronger and more valuable.

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: There are many reports coming out today from Sudani people indirectly through the CBI telling us the amount of corruption here in Iraq is still staggering. They are finding ways to seal our currency...FRANK: It is extremely hard for you guys to deal with your currency when...the currency you do have is being stolen. MarkZ The news continues to be great…Things look great and I’m not hearing anything negative...We just have to wait and see what is real …We are getting so many things thrown at us…we don’t know yet what is accurate...Most groups are looking for over the weekend or first of next week…let’s see what happens.His story is always the same..! Walkingstick The only thing missing is the lower denoms and the new exchange rate. Everything else is in position.

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 What's attractive about coming over to Iraq to do business is the fact that the currency is so cheap, that labor... production...and product cost are all cheap as well. Why do you suppose Nike gets their shoes made in China? Because...they pay $5/month and then bring the shoes over here to America and sell them for several hundred dollars. Do you see the huge profit margin. That's the same thing with Iraq. The currency is so cheap the companies would rather do business in Iraq ...because of the cheap labor...When they increase the exchange rate it's more costly for labor, products and production...Do you think they want this low exchange rate? Yes. And...they want it much lower. They don't give a ****. Mnt Goat ...in my conversation with my CBI contact on my Wednesday call...We...talked about...the monetary reform and where it stood. I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar. But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even. But I was warned not to expect instant success, as there is still a period of monitoring it for wide swings, in other words it needs to be stable...We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.

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 You'll notice as they have finished those elections, they're now hitting the ground running. The ball's rolling and everything is now starting to move forward to prepare for the revaluation ...That is why you are seeing the aggressive forward movement that you are. Samson Article: "We are not planning to withdraw currently.” The Pentagon: We are not aware of notification from Baghdad of a decision to withdraw American forces" Militia Man The oil & gas law is a very important and is considered to be integral to the citizens needs and the economic development of the country. They stop short of telling us what came of the oil & gas law today. Why? ...One reason would be that there is exchange rate sensitivity with respect to the law...An exchange rate to be one that is stronger than the dollar (Per Al-Sudani) will help largely in that regard. So, yesterday they were focusing on the importance of this law and with urgency. A very good sign!!! Walkingstick [Aki - Iraq Bank owner in US update] Question: "The new orders you got on January 1st, are they for you to dispense the lower denoms and collect 3 zero notes?" Aki: Here in the Untied States we are preparing to do everything with electronic platforms...We are prepared to collect the 3 zero notes from those that wish to exchange them for American dollars...We follow International banking laws, the same laws American banks follow. Here in the United States the bank that I am in charge of will be all electronic. [Post 1 of 2] Walkingstick When you ask about the LDs they are only found in Iraq. We do not possess them. Iraq will give to the Iraqi citizens, when the time comes, physical lower notes and coins and collect three zero notes...The difference is that here in the US I have to do everything electronic where my friends in Iraq, their banks can do it electronic or physically, if they want the lower denoms and coins in their hands. [Post 2 of 2] MarkZ Iraq's stock market is up 90% in valuation based on the US dollar…and they continuously talk about the exchange rate and what their market is going to look like after a change in the exchange rate. They are telling us its coming and that they will address it in their first parliamentary session. And that session has just started. Positive stuff. Pimpy I've heard so many [gurus] talk about - according to the IMF Iraq needs to be within 2% between the parallel rate and their official exchange rate. No that's not right...To maintain stability Iraq needs to maintain a narrow spread, that's the gap between the official exchange rate and the black market. Generally a spread of less than 5% is considered acceptable. Not 2%, 5%. A spread more than 10% is considered a significant risk to the economy. Iraq is going to have to shoot for between 5 and 10%. They want to be less than 10. It'd be idealistic if they can get around 5... Frank26 What have the articles been telling us? That the Iraqi dinar and the American dollar are divorcing by mechanisms...It's causing the American dollar to go down...just in one week 150 to 140 to... 135. The value of the Iraqi dinar is going up as the American dollar inside of Iraq is being put away...it's not in the picture anymore. Mnt Goat Article: "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS SOON" If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know. But this is fantastic news today. Frank26 The next step in the monetary reform investment that you're involved in will be the most difficult step. It wasn't difficult to decide to buy the currency. It wasn't difficult to put it in a safe all these years and wait. Well I guess it was a little difficult. But you're now at the point where you have to make decisions with what you have...You will be attacked ...You all need to take this a little bit more serious...