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  1. 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 CBI wants more dollars? No, they want less dollars. What does the US Treasury want? More dollars in Iraq? No, they want the CBI to introduce the new currency with the new exchange rate. That will benefit the United States because the United States and the Federal Reserve have billions and billions of dinars stacked up just like they did the last time they did this...with Kuwait from 1990 to 1999. The only problem this time is they took twice [the time]... Pimpy Sovereignty means freedom. That means you're in control. Nobody else tells you what you can and can't do with your country, with your currency or anything else. That's the whole purpose of sovereignty. Iraq wants control of their currency. This is what we want for them to do...We have to make sure the people that are in control don't screw things up...Let's hope Iraq is ready to do this because if not it really could be a major setback... Guru Clare Article: "Al-Sudani: We have natural resources that enable us to export products outside Iraq " Quote "Prime Minister Muhammad Shiaa Al-Sudani said on Saturday that Iraq has the natural resources that qualify it to meet the market’s need for local products and export the surplus outside the country." Nader From The Mid East The revolution of the dinar exists, yes. Is going to revalue? Yes. When? I don't know. It can be now. It can be next month. It can be 2 years from now. It can be 5 years form now. You know people are going to hate this but the reality is there...You have to be a realist...You know it's going to revalue. Breitling Question: "Why haven't all the big sharks bought in anticipation of the RI?" Who says they haven't? I told you guys with some of the companies that I've worked with we did research and we had contact with a lot of senators and congressmen from both sides of the aisle, they all have it. They all have Iraqi dinar. They have other currencies too. Militia Man The last two weeks what did they do? They [countries around the world] opened 'corresponding banks' with Iraq. To do what ? To facilitate trade. Through what? All these different currencies. Is it fact or is it fiction? It's a fact. I deal in facts. I deal in truth. I deal in data. Article quote: "With the assistance of the Untied States...there is opening of accounts or correspondent banks which have now reached more than 40 new accounts." Frank26 Some of you were asking, Frank, You don't want me to take my eyes off of my dinars but some of the banks I called said they're going to send them to another bank and inspect them and then bring them back? Yeah, well you ask them for the address of that bank and you take your dinars to that bank and let them inspect them in front of you. Once that's done and they give you credit and you see your account is credited with the right amount well then you're happy they can have all the dinars you took to them. But never separate yourself from your dinars. There are evil people in this world. They'll find a way to steal.
  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 Frank26 Question: 'Is it December for Iraq or for international as well?' [Frank's current timeline for the RI is before 2024] Both, because the citizens will be receiving their purchasing power and the currency will then start to go outside the border in international trade and start to climb in value. Pimpy Article: "Central Bank reveals two agreements during joint Iraqi delegation talks in Turkey" This agreement with Turkey allows... merchants to purchase goods from each other's country using their own currency. If I'm a merchant in Iraq and I want to buy goods from over there in Turkey to sell in my store I can purchase those goods using Iraqi dinars and vice versa. If I'm a merchant in Turkey and I want to buy some goods that I can sell in my store over here in Turkey I can use the Euro or the Lera and then the banks will settle the issue with the two currencies. That's why they [the banks] do currency swaps. These are pretty big hurdles Iraq has managed to get over. Let's hope they continue down this path and nothing bad happens... Mnt Goat ...The rate is NOT going to start at 1/6 of a penny and climb from there when it does get reinstated. The rate has to reflect the TRUE rate of the value of the assets Iraq now holds. Not the value of an intentional, sanctioned, suppressed currency. Why would they even bother to do all this work for the banking, financial and currency reforms if they were just going to leave the rate at 1/6 of a penny?
  3. 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 found the steps Iraq would need to take in order to reinstate its $3.22 rate...Stabilize the economy by addressing issues such as inflation, unemployment and corruption...diversifying the economy beyond oil dependence...Monetary policy - To reinstate a specific exchange rate the Central Bank of Iraq would need to implement appropriate measures...like interest rates, reserve requirements and open market operations. Third, Foreign Reserves - Iraq's foreign reserves...The more they get the better it is for them...particularly the US dollar would provide the CBI with the necessary resources to support the desired exchange rate..[Post 1 of 2] Pimpy Currency Auctions...Adjusting the auction mechanisms and policies could help control the supply and demand dynamics of the IQD...Fifth, Government of Iraq - Investors...have to feel their investment is secure. Having a stable government and stable economy goes a long way. Political stability...that encourages domestic and foreign investment ...Lastly, International Support...IMF and World Bank...these organization can provide financial aid, technical assistance and guidance on implementing economic reforms...Those are the steps necessary to reinstate the $3.22 rate. I still think it'll go up in increments just so they can make sure there is stability in the economy without bankrupting themselves..[Post 2 of 2]
  4. 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 Anybody that tells you, 'give me your dinars and I will give you more than what the CBI will give you' because, 'I belong to the [whatever] group/organization' They're thieves. They're vipers. They're liars...No body is going to give you more than what the CBI can and is willing to give you. Pimpy Iraqi dinar is going to go up in increments because as you go up one step at a time you're able to see what kind of shock you're going to have to your economy, if at all. As they keep making a move forward with the value of the Iraqi dinar measured against your economy they're able to determine whether they can keep going forward and make the value of the Iraqi dinar increase or whether they should decrease the value of the Iraqi dinar. Militia Man What we're seeing is probably one of the most exciting times we've ever been in and there's more to come...
  5. 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 Floating a national currency is intended ...to determine its price in a free market according to the forces of supply and demand. That is what we are looking for... Samson Article: "Washington congratulates the Sudanese on the launch of the five-year development plan: We appreciate our partnership with Iraq"
  6. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Parliamentarian: Al-Halbousi’s imprisonment for one year is within reach" Quote: "Iraqi Parliament member Basem Khashan expected, on Friday, that the deposed Speaker of the House of Representatives, Muhammad al-Halbousi, would be imprisoned for a period of no less than one year, after the “Taqaddum” Party, which he heads, paid a sum of money to the American company BGR without obtaining legal approval." Frank26 Question: Article VIII, WTO do these matter? Yes without a doubt. WTO you notice they have not been ascended into it. Doesn't matter. Whenever they do it they'll do it but what's really important is in order to join the WTO you have to be Article VIII...All they have to do is raise the value of their currency, that's it. Pimpy When we talk about stability this is not what you want to see. Article: "10 Killed, 14 injured in Iraq roadside Bomb Attack" If you're going after politicians that's not a stable country...Essentially you're talking about assassinations...these are types of things we hope Iraq can get away from. Not the kind of news we want to hear. Mnt Goat Article: “The Prime Minister’s philosophy confirms that economic reform cannot be achieved without reforming the banking system, and therefore the priority begins with reforming the financial system.” ...more proof that Iraqi’s economy does not need to grow any more at this time in order to get to the value of the dinar to what we need for a fair and honest rate reflected...the “priority” begins with reforming the financial system and currency reform is a large part of the financial system. ...Iraq will never be able to raise enough the money alone to rebuild Iraq and its economy unless they first complete the needed banking and financial reforms needed to attract investors... Frank26 Question: 'Do you think the rate might come out more than 1 to 1 or higher?' It is possible they might be looking at $1.18...1 to 1 is a good start no doubt but it's been 20 years and I think $1.18 is fair enough to start the float at against the dollar. The goal is to go past the dollar.
  7. 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 Do your own research. Get professional advice. I don't care if it's legal, tax, anything, everybody should get their own professionals. I'm not one. Nor is my crew. We just help read the news...Right-On, Militia Man..! Clare Article: "Strengthening the balance of Iraqi banks in foreign currency supports the private sector and the local market" Quote: “The increase in the currency exchange rate by accredited banks provides another safe path to meet the local market’s needs for foreign currency.” Kaperoni Those who are wondering about the dinar market rate in Iraq. It is currently about 18% over the official CBI rate. Not acceptable. Until Iraq is in compliance they will not be able to accept IMF article VIII...The problem in Iraq right now is the spread which is completely out of whack from IMF guidelines... The 18% spread, and it's being unacceptable is obvious, BUT, an exception can always be made to the 2% rule should the IMF decide it's in their best interest. With all the Chaos in the world, and the worldwide benefit should Iraq increase the value of the IQD, an exception can be made - especially since Iraq is considering joining BRICS. Kap is too fixated on rules, even considering these unique times. that's JMHO - RON
  8. 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 Why are all these countries, why are all these companies saying such great and wonderful things about Iraq and Sudani when they never did before? Why is it that parliament is saying beautiful things about reforms and the success of it that Sudani has had? There is a change in your [Iraqi citizens] monetary policy. Your monetary sovereignty is coming to you before '24. Breitling In the article, they want to go and do this monetary sovereignty. What do they have to do? They have to eliminate the US dollar out of the public. But the dollars they eliminate they want to put into their reserve. So they're not de-dollarizing. They're trying to build up their reserve and at the same time expand the supply times velocity of their currency... Pimpy Content creators are trying to be the first out there to break some news...so they could go, 'See I told you so!' When you've been doing this as long as I have you get past all that crap. So, God is telling [this content creator] that the Iraqi dinar no longer has any restrictions. Well I made a phone call to God myself personally, he don't recall seeing anything like that at all...God's telling her there's no more restrictions on Iraqi dinar...I looked around to find out if that was true because, you know, when it comes to God, God's not wrong and if she's getting a message from God and God's telling her there's no more restrictions on an Iraqi dinar well that would be splendid, that would be wonderful. [Post 1 of 2....stay tuned] Pimpy The problem is I could find no such information...There's still restrictions on the Iraqi dinar. That's not counting they're still under sanctions with the United States. This is why we see them having to get permission from the United States to do certain things... There's been a lot of good news lately coming out of Iraq and it's exciting. I get it. Be we don't want to get too far ahead of ourselves. You're got people out there talking about...God told them there's no more restrictions on the Iraqi dinar...I guess we're going to find out. It would seem to us that that kind of news would have been out and about real quick because that is a major major step for Iraq to have no restrictions on their currency...Getting rid of any kind of sanctions on the Iraqi dinar would be a huge step for Iraq. It would be exciting for everyone. [Post 2 of 2] Frank26 Question: 'Are we at the point this could happen this weekend as well as the last week of December or any time in-between?' IMO December is a month to remember if they stay on the schedule that we believe before '24. Mnt Goat Article: “ADVISER TO THE PRIME MINISTER: ECONOMIC POLICY IN IRAQ IS MOVING TOWARDS IMPLEMENTING THE PRINCIPLE OF MONETARY SOVEREIGNTY” WOW! WOW! WOW! It tells us flat right out in the open that Iraq is about to take complete control over their currency again. WOW! ...This has reinstatement and RV written all over this statement... yada Article: “Baghdad today - Baghdad Today, Friday (December 1, 2023), the National Public Retirement Authority announced the start of disbursing salaries to retirees next Sunday“ Yes, that is this Sunday the 3rd.; The reduction of the oil output by 650,000 barrels means an increase in the price of oil, higher rates in the dinar value will follow.; Lastly, the official change in the auction practice stopping the auctions while the banks are NOW transferring dollars through the designated banks connected with Chase and Citibank started... All clear signs we will see our expected end, now IMO. And NOW, The Rumors of the Day from our clowns Bruce [RUMOR]...we really do have good contact in Iraq. And we're getting word that the ATM machines are filled with the lower denomination bills like ours...10 20 50 and 100 dinar notes - I think those are all available in the actual ATM machines...Now they have been working...since Thanksgiving - maybe a little bit before that - in the airport locations in Baghdad and at the border location – where ever the ATM’s are at the border...they are working now and they are in use...I do not believe they're all in use all over the country yet. But I think that is about to change... they are minting new coins for people to use...Iraqis are going to feel a little jingle in their pockets soon... Bruce [RUMOR]...we were supposed to according to pretty high up sources...to be exchanging Wednesday or Thursday and I had clarifications that we would be exchanging...Well, guess what, we are not – yet – exchanging...I think there’s a number of factors and...one in particular ...that's delayed us slightly...Everything really is ready to go. I really do believe that we are ready.
  9. 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 Goldilocks Bonds increase demand for a country's national currency. It also increases its value. Iraq is beginning to sell bonds to their people and investors to participate in the growth of their new economy supported by Gold and the Dinar. Iraq is beginning to make moves that will make their countries' economy self-sustaining going forward utilizing only the dinar to make it happen. Militia Man & MarkZ Militia Man: ...Iraq is going International big time…Iraq is considered to be one of the world’s wealthiest nations with vast reserves…They have the money they need for a new real effective exchange rate. With the oil, natural gas, sulfer, precious metals etc…they can afford it. Mark: And the rare earth minerals…Iraq has just discovered…Iraq is worth much more now than when the rate was $3.22 over 20 years ago. Militia Man All the data we've had in the last two weeks has been pretty much phenomenal because it sets the stage of so many things that converge on one another. Frank26 Question: "Do I need my receipt when I go exchange my Iraqi dinar?" The answer is no but you will need your receipt if you are ever audited to determine the tax bracket that they would charge you under. [Note: Speak with your tax professionals at the appropriate time to determine the right tax for your unique circumstances.]
  10. 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 Can the CBI, Alaq and the board of directors reduce the exchange rate of the American dollar? No, of course not. They don't have jurisdiction to do that. Who can do that? The US Treasury. Alaq and Sudani said to the citizens, 'Private banks will give support to the Iraqi citizens by reducing the dollar exchange rate.' What that means is they're going to give value to the Iraqi dinar...It reduces the value of the American dollar in the country of Iraq. MarkZ Very little out of Iraq overnight. But everything coming out of Iraq this week has been overwhelmingly positive. I know this is tough…I know we have been sitting at the edge of our seats for entirely too long…But, it’s hard to nail down a world-wide historic, once in a millennium event…But we know its coming. Sandy Ingram Article: "Inflation rate in Iraq declines in 2023 compared to 2022" The Central Bank of Iraq announced the inflation rate decreased in 2023 compared to 2022. Inflation in Iraq reached approximately 3.7% in August 2023, compared to 4.4% in August 2022. Iraq's inflation rate is good compared to many countries where inflation has reached 30% and 40%... Pimpy It looks like Iraq is pushing for its own monetary sovereignty... Article: "Iraq is moving towards applying the principle of monetary sovereignty. What does that mean?" This is actually really good news...This is what we've been bugging Iraq to do - get out of the shadow of the United States and do your own thing...In other words, our little child is wanting to be all grown up and make a move to be on its own. This is exactly what we've been looking for...Once we kick the training wheels off of Iraq, you have to trust the people who are making the decisions about the Iraqi dinar make smart ones and not screw everything up... Frank26 Every day those that were against it [The dinar/monetary reform], those that were negative like parliament are complimenting and cheering on what is about to happen. Everyday they come up with new ways of saying the same thing. Article: "Advisor to the prime minister: Economic policy in Iraq is moving towards implementing the principle of monetary sovereignty" MONETARY SOVEREIGNTY... ANOTHER BEAUTIFUL WAY OF SAYING WE HAVE A NEW CURRENCY.
  11. 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 A lot of the sites that study the Iraqi dinar they are on the same page that we are on now. We're at that point where it's a venturi effect. Everything is being squeezed into a narrow little opening and it's creating a lot of pressure, which is good. It's positive pressure. Pimpy All those gurus out there making the claim that because of the amount of oil they have, 'Oh, my God, they're going to be reinstated. The Iraqi dinar is going be extremely valuable. Pimpy doesn't know what he's talking about.' What did I say? I say, stay grounded. That's not true. Not true at all. There are other hurdles Iraq has to go through in order for the exchange rate to increase in value. I said this a million times, Iraq relies too much on oil to fund their government so it's not going to go up just because they got tons of oil. Militia Man Article: "The story of the Faili Kurds with the Central Bank of Iraq" This story is looking to be what they need to do. That is to educate the citizens. The recent talk shows that it is what is to be expected going on. The citizens will need to have confidence. Their confidence will build and will come more quickly with the realization of having purchasing power. Samson Article: "Iraq is looking to eliminate the dollar and buy imported goods in local currency" Walkingstick [Iraqi Bank friend Aki report] [lower note tests] are happening now. Where? North [Perhaps Kurdistan] ...He said it's happening right now. In fact he says it's been happening...for about a week...We're looking for any rumors or scuttlebutt in the markets. Look everywhere. We're looking for 6 currencies - 1, 5, 10, 20, 50 and 100. Do we have colors for them? Yes, yellow, green, blue, tan, orange and light red. And coins...they're going to come out with coins too. Frank26 There's going to be a meeting with the CBI and the US Treasury in Dubai. All you got to do is figure it out. The first [meeting in Washington] was for what? The American dollar. So you go to the US Treasury. This one is important for what? The Iraqi dinar. So you go to a place like Dubai. Would you go anywhere else? ...It is exciting times. It's amazing what's going on. MarkZ From Iraq: Article: “The dinar will recover: Iraq nears imminent end of dollar crisis before end of 2023” We all know only one thing that will cure the dollar crisis …and that’s a new higher dinar value. They are telling us this is coming…. Clare Article: "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023” Quote: “The government and the central bank are working to end the dollar crisis once and for all, and there is great progress in this file and there is control over the market, as well as a gradual decline in exchange rates in the parallel market..." Pimpy I've heard people talk negatively about the Iraqi dinar several times...What you find out is a lot of these professionals, their reason for why the Iraq dinar will never revalue are not real reasons. Those are reasons why Iraqi dinar has not revalued YET. I've never heard a so-called professional come out and give a 100% reason why it's never ever going to happen... Militia Man Article: "Electronic Payment raises the value of the dinar" Quote: "electronic payments will in all circumstances restrict all local cash payments and currencies other than the dinar." The 'other than the dinar' part is really cool because all dollars and everything inside the country internally are not going to be used. You're going to have to use the dinar, not the dollar...yen or anything else... Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying CBI has come a long ways in battling the dollar and the battle is about to come to end. FRANK: Yeah, darn right! The theme, mantra, ambrosia in the taste of Iraq's monetary reform is repeating the same thing over and over, It's about to come to an end. What? The dollar. Which means our currency is going to blossom.
  12. 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 transition away from the dollar is underway. Now there's room for a new exchange rate to come because they're going to finally [pass] this Oil and Gas Law at some point, the distribution of allocations for the 2023 budget, investment projects are all going to need the same thing...I think it's going to be the exchange rate, the newest one, the Article VIII compliant one. They're focusing in on this... Pimpy Article: "An Iraqi delegation will go to Turkey tomorrow to discuss the possibility of opening correspondent accounts for Iraqi banks" They are going there to iron out what they need to do for this currency swap...this is a continuation of what we've been talking about for a couple weeks now. Turkey is one of the countries Iraq will be holding their currency and Turkey will be holding Iraqi dinar. The currency swap. This is good. Tishwash Article: "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023" Quote: "We expect that the new year will witness a significant decline in dollar prices with the rise in the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year."
  13. 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 To say it's never going to happen, is false. It can happen. But is it going to happen because they pass the three-year budget and they need the exchange rate to increase in order to do all the things they wanted to do? No. Is it going to increase because a hydro-carbon law has been singed...? No. Is it going to increase because it's impossible for them to get into the World Trade Organization with the current exchange rate that they have? No...Stay grounded. Let's watch how Iraq progresses. It's not going to happen overnight... Militia Man There's things happening as we speak - one thing after another. I can't imagine anybody being discouraged at this time because of the nature of what's happening. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying private banks and exchange companies are expressing the preparation in reducing the exchange rate. FRANK: Oooo, snap! Samson Article: "The Ministry of Transport intends to open direct airlines towards Australia, America and Malaysia" Sandy Ingram Wealthy Iraqis move to the Caribbean. Guess who's on the list? ...The leader of the Kurdistan region and the former governor of the Central Bank of Iraq and other businessmen suspected of corruption...Iraq's politician are monitored by the organized Crime and Corruption Report Project (OCCRP)...This is part of the effort to catch individual involved in corruption....The project reported the purchase of Dominica (tiny Caribbean island) citizenship...enabling them to travel worldwide without a Visa...This country's visa is magical. Citizens can travel to 144 countries without a visa..[Post 1 of 2] Sandy Ingram The country has no tax on foreign income, capital gains, inheritance, stock profits, wealth or gifts...The former Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, obtained Dominica citizenship in 2017 along with his wife and two children and did not renounce it upon his appointment as governor of the CBI which was clear violation of article 18 paragraph 4 of the Iraqi Constitution. He held the position of governor of the Central Bank of Iraq from September 2020 until his removal by the current prime minister on January 23, 2023...There are corruption questions...a legal complaint... has been filed due to the loss and depletion of millions of dollars regarding forged import documents..[Post 2 of 2] Clare Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month" Quote: "Al-Alaq said in a press interview that “the Iraqi Central Bank will hold a meeting with the US Treasury and the Federal Reserve early next month in Dubai, noting that “radical steps will be taken within the framework of reorganizing trade on the right foundations,” noting that the electronic platform will be completed early next year.” Pimpy If you are being forced to rely on the US dollar that strengthens the US dollar. Think supply and demand. If the US keeps going around forcing these countries to have a dual currency and to take the US dollar, people will rather have the US dollars. They believe those dollars to be stronger but as people start to de-dollarize and get away from using the US dollars and start using their currencies that strengthens their currency and weakens the US dollar... Militia Man Article: "Ministry of Transport intends to open direct airlines towards Australia, America, Malaysia" It's not just about a few regional countries. It's about many different places. Once you start opening up the airports all the investors can gain access to the country to take charge of their investment, produce their businesses. It's a really big thing to have an international airport full...they have their capacity...what they're using today is at 100% and they're not even international yet...
  14. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ The Chatter in Iraq is extremely awesome right now... I am hearing today that they are educating folks and spreading lower denominations ...brand new lower denominations. They are more prominent in the Kurdish region now is what I heard. A number of ministers have said that the ”parallel market” will be fixed in the coming days. How are they going to fix that? A revaluation. Kaperoni A significant increase in the value of the dinar at or equal to its face value with 90 trillion dinar in circulation would, in essence, be six times the value of the entire countries wealth...This is why I have stated numerous times that if and when the dinar ever was to go up in value, it would have to go up gradually over time so that the dinar money supply could be reduced. But that only could occur if Iraq's economy began to significantly prosper. Clare Article: "Central Bank: There is no scarcity of dinar stocks and the monetary supply exceeds 100 trillion" Quote: “the size of the monetary mass or the exported currency amounts to more than 100 trillion dinars, 70 percent of which is in circulation.” Frank26 JP Morgan Chase is now actively involved with the Iraqi dinar. They may doubt it half the time but the other half they guide you. The Chief Executive Office of Chase Mr. Diamond released a document last month saying his bank is now supporting the Iraqi dinar 100% and he's building Chase Banks in Iraq. The employees of Chase do not know what's going on in order to protect the corporation that will soon be exchanging the Iraqi dinar in America... MarkZ There is so much happening…..Its shaking out to be an interesting few days. Article: “Iraq Financial Delegation heads to Ankara to discuss trade with Turkey” this is more Iraq coming on the International scene. They continue to function as if they are already a member of the World Trade Organization. They are busy making regional alliances. Militia Man The banks now have liquidity with all the currency swaps that we've seen that are completed...We've got all the meetings with all the different countries on currency swap. These currency swaps are phenomenal because...they're going to be clearing the Iraqi dinar with Article VIII compliant currencies... Nader From The Mid East Great news this morning...They start them leaving the country to discuss the exchange rates between countries. They're going to start with Turkey... Article "Delegation will head to Ankara Turkey tomorrow Monday to discuss regulating trade exchange between Iraq and Turkey" Pimpy There was a content creator who absolutely misinterpreted an article we need to clarify the mistakes that were made so people don't panic... Article "We are not thinking of returning the dollar to its previous price and the problem began under Saddam - Central Bank" When they say return it to the precious price, for some reason the individual thought that meant returning to the $3.22 rate. That's not what they're talking about. Nowhere in the article does it say the $3.22 rate. It just says return it to its previous price...that might mean the one before this one. That would be 1450 dinar. (or 1170) He's talking about they're not going to devalue the Iraq dinar. MarkZ In Iraq: Article: “Change of business dealings- Iraq replaced dollar with currencies to stabilize the dinar.” In other words “De-Dollarization” They want to be totally dollar free by Jan. 1st. All part of creating a basket of currencies that will help support the dinar. Something to measure against other than the dollar...
  15. 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: "The highest among the Gulf countries.. The Arab Monetary Fund expects the Iraqi economy to grow by 4.5%" There is likely no doubt that Iraq is about to have massive growth going forward. To be the highest just now among all middle eastern countries is going to be a big deal. I suspect the ISX is going to be on fire this next year even more so than ever before..
  16. 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 ...A new exchange rate...will likely be coming quickly now. The salaries will need it, the budget spending for projects will need it, getting into the international global financial system will require it. Frank26 Our time is coming to an end in my strong opinion. I'm excited about the fact that 2024 is around the corner. Pimpy There's people out there making the claim that if you all put your dinars together then you can get a better rate. That's not true. You're not gonna get a better rate. There's a rate for everybody. There is no 'getting together'. And they're sending their serial numbers on their dinars to these people. What you don't understand is these people are counterfeiting the dinars and they're using your serial numbers. Don't be sending your serial numbers into people. Don't fall for any of that crap. Walkingstick It's all about the accounting in order to make the exchange rate easier to transition for the accounting. It's all about...the numbers...once they are done with the accounting, once the rate is at 1000 to 1 stand by. Frank26 Article: "The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”. THE SOLUTION IS NOT A PROGRAM RATE! Militia Man Article: "The dollar exchange rates are subject to the forces of supply and demand in the market" By adding other currencies from around the world they're going do diminish the need for the dollar and therefore it's basically going to go away...these guys are not playing games anymore...The US Treasury, Central Bank of Iraq, US Federal Reserve they are all working towards going one direction and that's to enhance the Global Financial System... Samson Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month" Clare Article: "The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed...Friday, that the dollar battle is nearing its end" X Tweet: "The reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq aim to build strong foundations for the stability of the economy and pave the way for creating a suitable climate for investment, and end the eras of illegal trade, dollar smuggling, and speculative operations in market. In short, the battle for the dollar is nearing its end." Pimpy Why is it that countries were willing to exchange more Iraqi dinar for US dollars? There's a black market out there. It isn't just the citizens that are taking advantage of it...There are countries that one way or another...get their hand on Iraqi dinar and then they swap them on the black market for US dollars. Yes, they are sacrificing more Iraqi dinar than what the official rate is but to them it's worth it...Iran has agreed to be paid in Iraqi dinars from Iraq to counter depreciation or the real. They then exchange Iraqi dinar for US dollars on the black market. Iran is one of a few countries under sanctions that do this...
  17. 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 They're saying it's done. I really like that. I think you guys should be happy about it because if all the currency swaps are taken care of...I think it's a precursor to an exchange rate change in the future. Nader From The Mid East It has to revalue. If you talk about the assets and how much Iraq has...Look at Kuwait doesn't have anything. No agriculture. They have a little bit of tourism. When Kuwait hits your mind? Almost never. Here's the thing though, Iraq is more richer than Kuwait. It's 100x, 1000x richer than Kuwait. Of course because it's bigger than Kuwait... When you hear the head of state saying the dinar is stronger than the dollar you got to believe him. It is stronger. Pimpy [Response to Nader above] What I'm about to talk about proves Iraq has potential to be much much richer than Kuwait and could have much more valuable currency than a Kuwait dinar... Nader is stating Iraq is 100, no, 1000 times richer than Kuwait. I've done a side-by-side comprising...What makes Kuwait such a rich nation, Iraq absolutely has a lot more. But what's keeping Iraq behind is the following - ...Nader is right, when it comes to oil. Iraq has so much more than Kuwait does and Kuwait relies on their export of oil to make their country rich. The difference between Kuwait and Iraq is Kuwait has other things bringing money into their country besides oil. [Post 1 of 2] Pimpy They have things they can fall back on...GDP per capita...according to World Bank data Kuwait had a GDP per capita of approximately $29,000 in 2019 while Iraq was $5,000...Kuwait does share the wealth with the citizens, Iraq was not doing that. This substantial difference in GDP per capita clearly indicates Kuwait is wealthier on a person basis than Iraq. Even thought that's true it doesn't mean Iraq can't turn around get their crap together because if they did they would easily smash Kuwait...Once the Iraqi people are becoming prosperous as well you're going see Iraq pass up Kuwait as far as being a rich nation...Kuwait's got their act together. We need Iraq to do the same thing. [Post 2 of 2] Militia Man Article: "With the participation of 120 companies...the launch of the Iraq International Building, Construction and Infrastructure Exhibition" This...being launched in Baghdad for the next few days is not surprising at all on the back of all the WTO meetings...since Oct 31st regarding Iraq's accession to the organization. The 2023-2024-2025 budget is about investment primarily into infrastructure. It takes a lot of capital to build a country back...It will take massive amounts. It is far too expensive with 1310 exchange rate. An internationally accepted REER will likely make it far cheaper. Clare Article: "US approval to increase the dollar balances of 10 Iraqi banks" Quote: "The source explained that this agreement came in light of the recent meetings held by the Central Bank of Iraq with the American side, which resulted in an increase in the number of banks that can directly enhance their dollar balance to 10 banks, 5 of which are through Citibank, and the other five are through JP Morgan Bank." Pimpy I started thinking about something. Right now Iraq is mostly importing. This is a time when a country would want to increase their exchange rate. This gives them more purchasing power. But that's not what is happening over there in Iraq...I was wondering why don't they just increase the exchange rate? This would give them more purchasing power and would help them as far as dealing with the deficit because if your exchange rate if higher then you have more purchasing power...Increase in the value of the Iraqi dinar means the imports that they pay for would be cheaper because they would have purchasing power... Militia Man What's the exchange rate crisis? It's been at 1310 since the early part of 2023. They devalued to 1460 then they adjusted it by 10%. What's not good about that? What did it prove? That adjustment the World Bank was talking about of 10.3% is actually a positive sign because what did it do? It staved off inflation...There's some positive aspects to some of these things...Revaluations happen. They need to be tested.
  18. 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 Iraqi dinar is now going to enter a basket in a float and that's why the CBI has been talking...about the basket and coins... All they talk about is the exchange rate of the Iraqi dinar, about the black market going away and the only way that all of this can happen is if we have a new exchange rate and a new currency to match it. They are preparing [Iraqi citizens]. This is the monetary reform at its highest point... MarkZ Article: “Iraqi Prime Minister orders a reform of the Iraqi banking sector” He goes on to address exchange rates. Quote: “Iraqi financial expert predicts decline in dollar exchange rate.” He expects the dinar to continue to gain strength against the US dollar. “BRICS: Iraq to ditch US dollar for imported goods” They are looking to start their own “free trade zone” for selling local goods in their own currency. With a steep discount for the goods. So by using the dinar they get a better deal on these products. This is part of de-dollarization.
  19. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Iraq is rocking and rolling on infrastructure. This is going provide a lot of jobs. This is going to start really opening up the economy for Iraq...Things are starting to rock and roll, let's hope nothing spoils it... Frank26 Question: "If you just have a small amount of dinars would you just go to the bank manager [to exchange]?" Yeah. You got a small amount... 100,000, quarter of a million whatever, yeah, go up to the teller and have them take care of you. They won't take care of you at the counter, they'll move you over. That's why they're building these cubicles all over the place. Sandy Ingram The reason countries have foreign reserves is to make sure that a country has backup funds if its national currency rapidly devalues or becomes entirely worthless. It's common practice for central banks of different countries around the world to hold large amounts of reserves of foreign exchange. Most of these reserves are held in US dollars since it is the most traded currency in the world...The amount of monies a country holds in its reserves has a lot to do with the county's currency rate...Iraq has the largest foreign currency reserves in its' history... Jeff The reason why there's no news coming out of Iraq is because Iraq is done with everything. They finished everything needed to revalue. They're ready to revalue but they can't and they're not going revalue immediately because they have to clean up corruption. Article: "Al-Halbousi faces 4 criminal charges after the end of his presidency" Boom!... Halabousi is going to be facing 4 criminal charges. Pimpy Article: "Iraqi banks begin straightening their accounts in UAE dirhams next week" There you go next week they start a different currency swap. This one is now going to be with the UAE. They're currently working on India as well...This is...necessary for them to do business with one another...These currency swaps can start happening but in order for us to see any real results it's going to take at least the rest of the year for this thing to get ironed out and implemented...The end of the first quarter of 2024...we'll start to see some results. Samson Article: "Source: Iraqi banks will begin strengthening their accounts in UAE dirhams next week" Frank26 [Call the bank experiment results] Of about 300 people...half of them told me Mr. Frank, they said it's a scam. And the other half told me, Mr Frank, they told me everything and more...The experiment worked. I didn't give you a phone number for a bank...I gave you an 800 number for Chase Financial call center...Of nearly 300 phone calls we were able to find a pattern...the names of these operators. We found the operators that were negative...Yet there were these other operators that were...educated or maybe students of the Iraqi dinar said, oh, yes you need to talk to our Wealth Management Department let me transfer you over there right away...The experiment was a success! [See yesterday's Spain Bank Story Below 11-18-2023]
  20. 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 11-19-2023 Newshound Guru Militia Man The Bank of International Settlements is the central banks of all central banks. They move markets. Commercial traders fear central banks because of the amount of money they have to be able to throw at markets. The Bank of International Settlements talked with language I've never heard before in my 30 years of trading. When central banks have to be very very careful on how they say things because what they say will move markets. People can lose and make money. Article "The Arab Monetary Fund of the International Settlements organized a meeting...on Wednesday and Tuesday November 15th 16th of 2023" This article did not come out until the 16th. The 15th they never mentioned it...Why not tell you in advance they're having a meeting...? [Post 1 of 2] Militia Man Quote: "the meeting comes under highly complex economic conditions...discussing a number of aspects related to the role of monetary policy in facing risks resulted from the repercussions of possible macroeconomic shocks..." In other words, something is going to happen and they're telling the largest entities in the world that they're facing risks resulting from repercussions of possible macroeconomic shocks. In other words if something happens in a small country, something else could happen in a big country...If the bank of International Settlements is telling this to other central banks who does business with other central banks, those that need to know this information just got told something's up. [Post 2 of 2] MarkZ In Iraq: Article: “Iraq joins EBRD, becoming the 74th shareholder announces foreign ministry” This is the European bank for Reconstructions and Development. This is a major worldwide organization and bank. They are not doing this for some third world country. Iraq applied to be a member in 2018. But, they waited until now to bring them on board. Does this tell you anything? I believe it tells us we are about to see a currency change. If they are joining an international organization they are going to need an international currency.
  21. 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 Community comment "We don't have to pay taxes on dinar exchange." Stop that nonsense...how dumb is that. Where in history of the United States of America have you seen our government say you don't have to pay any tax on any of that? They'll chase you until Hades to get the taxes they think you owe them. Don't deceive yourself. Don't be that way. That's part of proper stewardship. You're going to pay taxes and pay them... [NOTE: Consult your tax professionals at the appropriate time to determinate proper tax for your unique circumstances] Militia Man They need to have an exchange rate for the HCL. That's what I see. That's my opinion. Jeff In order for the 2023 budget to be implemented Iraq needed to have publicly posted in the Gazette the budget operating instructions. They never did that. That step never happened...Iraq has not implemented its '23 budget that's why they have to resort to financing salaries and have done so since July...If they had an active budget they would not need to finance. Walkingstick Sudani told the Iraqi citizens your currency will soon be the strongest currency in the world not just the Middle East. Pimpy Without a doubt these last few months for Iraq have seemed very good. They're heading in the right direction. They're doing all the things necessary to be accepted back into the International community. Little by little they're gaining back privileges that they didn't have before. Before long they'll have their own sovereignty. We know they are currently working on the ascension into the World Trade Organization. We know now their banks are able to do international foreign exchange transfers into the bank and other countries are doing currency swaps with them. The good news doesn't end there... MarkZ The big news...is Article: “Parliament convenes Special Session as alliance nominates three successor candidates to Al-Halibousi” The overwhelming agreement is that Halibousi has been a major roadblock especially on the 3 paragraphs of the HCL…the Kurds and Baghdad. So they removed Al Halibousi who was wildly considered to be a roadblock and kept us from getting across the finish line with the HCL law. From my sources I feel very confident that he was the roadblock. It is very encouraging that he was removed and is being replaced. They continue to tell me they want this done by Dec. 1st. Let’s pray and hope this is accurate. Frank26 [Spain Bank Story] As you know I live in Spain. Last Friday I went to the Bank of Spain branch in Barcelona. It's the Central Bank of Spain. There are only two branches in our country...I showed the man at the counter a 50K dinar bill. The man looked at me and told me they couldn't change that bill there...but he told me the two banks that will 100% be involved in exchanging this currency is Banco Santander and BBVA. They are the two largest banks here in Spain. They know everything. He even explained to me the process on how to do the exchange. He spent time with me, the amount of cash that I could legally withdraw etc. etc. He knew what bill it was and where it was from. Here they are paying attention to what is going on, what is going to happen in a very short time. They're not playing no games in Spain...The banks know about everything. Clare Article: "Private banks and exchange companies express their preparations to reduce the exchange rate" Quote: "Private banks and exchange companies are showing great preparations, collectively and in coordination, to reduce the price of the dollar” Militia Man "Federal Reserve Bank, German Central Bank, Central Bank of Italy, Central Bank of Spain, People's Bank of China...Kuwait Finance House, Riad Bank, Saudi Arabia, First Abu Dhabi Bank and other leading banks will also attend...the output of these meetings is the publication of...working papers...and how to respond to economic shocks..." What they're telling us is something's coming...This is the Bank of International Settlements saying we're going to have a document...for how to respond to economic shock in countries...They're warning them they're going to do something. It's fascinating. Frank26 Once you see the HCL IMO within nanoseconds afterwards you will see the new exchange rate... Mnt Goat Wednesday intel call to my contact at the CBI: I was told there was a TV media output broadcast that told the citizens the official rate of the dinar would be over $1 in the coming days. They used the PM Al-Sudani in a speech like format to explain most of it...This is part of the education process. So, it did begin...I was told that the process of the revaluation is now in motion and they expect to begin issuing the newer lower denominations to the banks in exchange for the larger 3 zero notes...when they do distribute the lower denominations to the public for circulation, they will start at the airports first...they are only going to use dinars exclusively as of January 1st, 2024 in Iraq. This is also why they needed and allowed to let the banks now hold other foreign currencies besides dollars..[Post 1 of 2] Mnt Goat ...Iraq is just moving now to standard protocol in money exchanging. This is such fantastic news. As of January 2024 there will be no more program rate...There will be no more dollars taken by any merchant in Iraq...But what is the timing of the switchover, I asked? First let me say it is not going to be a sudden switchover all at once, as many of us anticipated. I was told it would be more gradual and has already begun. So, there is no turning back...Based on this latest conversation with my CBI contact, it could be said that they might be planning to RV prior to January...I will tell you I have never received such good information before..[Post 2 of 2] MarkZ We certainly expect it to go by Dec 1st. The latest chatter I am getting from Iraqi sources is the last 3 paragraphs of the HCL have been 100% completed. And the World Trade Organization Iraq ascension is expected within days. They are feeling very confident with their Dec 1st goal. A number of my sources are still saying before Thanksgiving. It looks really good. Frank26 You want to know the exchange rate of the BRICS because maybe, maybe the Iraqi dinar will be 1 to 1 with a basket of BRICS. Maybe...one clue. It's an RI not and RV. Pimpy The thing that's disgusting about the Vietnam dong is it appears they are comfortable and content with leaving the rate low...
  22. 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 Bruce [NOTE: the ISO 200 2022 allows for all currencies to be exchanged - And to be trading, to take place using multiple currencies as payments for trade international trade.] ...the ISO 200 2022...is to be fully implemented...and fully activated ...by midnight, Sunday night...We could probably expect the Iraqi dinars international rates to be out in that time window...and we're hearing supposed to be printed in the Gazette... Saturday is their normal print day...HCL law is also supposed to be mentioned they brought up printed in the Gazette to...So that should be in there as well...I think it's really important to understand – this thing is good to go – and ready to go and should go...So let’s just see what happens... Sandy Ingram Article: "Good News for Investors: US Treasury Continues to Omit Vietnam Currency Off Currency Manipulator's List" Vietnam was not included on the US Treasury Department currency manipulators list this time. The list comes out twice a year and includes countries that may have surpassed the value of their currency. When a country does this it cheats investors on potential profits...Iraq is rebuilding after the war so is not yet subject to currency manipulation lists... Walkingstick IOO of our teams the new exchange rate of the Iraqi dinar this year is a fact... MarkZ Comment: Chase Bank wealth management sent me a lengthy email that they would like to manage my wealth. Funny thing is I only have about 2 thousand dollars in my account. Mark: They know what’s coming. It is a regular conversation with many bank employees now. Pimpy It's a tug-of-war for you to find that sweet spot when it comes to currency exchanges. Right now I believe the Iraqi dinar is way too low, It's too cheap. Iraq is starting to get get back on track. If they're going to start doing trade with other countries they're going to need a stronger Iraqi dinar... Frank26 Question: "Has anything changed in regards to Iraq satellite banks exchanging dinars for US citizens?" No. They will follow American banking laws. They won't do anything different than any American bank is doing in American territory. Militia Man Bank of International Settlements ....when the Central Bank of all central banks starts talking the world starts to listen ... Quote: "One of the outputs of the meeting is the preparation and publication of...workings papers on the latest...monetary policy challenges and how to respond to economic shocks in the countries represented at the meeting." All these banks....have been told there's going to be challenges ...When you raise the value of currencies...there's going to be consequences ...There's gong to be some good and bad but they're telling you, We're doing something and you need to be prepared... Samson Article: "The Arab Monetary Fund and the Bank for International Settlements organize the fifth meeting of the Monetary Policy Working Group in the Arab Countries" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking to us all day about the government taking measures to address the exchange rate and the parallel market but they can't change the rate. They say only the CBI. What's going on? Why don't the CBI help? FRANK: Calm down, calm down...As far as parliament saying whatever they are saying...who cares. Their voice is an echo in the abyss of darkness. Mnt Goat It seemed my contact in the CBI was bragging about the final steps and paperwork for the full membership of Iraq to the World Trade Organization (WTO) and to look for the official announcement this week or sometime next week. But it is completed. I asked if Iraq needs an international rate of the dinar in order for full membership. I was told and I quote from my source – “Iraq needed a tradable international currency”. I asked if this means liberated back on FOREX trading and was told YES! So, We are VERY close! These two events are converging (WTO and Reinstatement). MarkZ Article: “Baghdad reveals new economic package to further de-dollarize trade” Of course the goal is to strengthen the dinar. This one is from the Express Tribune “Unshackling the Iraq Dinar” Talking about how Iraq has a plan to unshackle themselves from US dealings…and is aligning themselves with BRICS and new emerging global commodities. Part of that process is strengthening the dinar…removing the 3 zeros…(not a lop). These are great…They are coming from main stream worldwide news sources and are talking about exactly what we are expecting. The Strengthening of the dinar…de-dollarization...and return of commodities backing their money.
  23. 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: A lot of contracts are being announced left and right. Hundreds and hundreds of them. It is impossible to be signing at a program rate... FRANK: Do you honestly believe it's being done at a program rate? Absolutely not. These are the tale tell signs of the monetary reform and it's also part of your education. Mnt Goat Article: "THE HIGHEST CURRENCY RESERVE IN THE HISTORY OF IRAQ" Quote: "We hold the highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun November 14, 2023 Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history...stressing that this agreement constitutes the beginning of price stability in the exchange market."
  24. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ I got a confirmation from a source that is not one of mine. They were told there were 3 paragraphs they were addressing on the HCL between Erbil , the Kurds and Baghdad …and RV would occur as soon as its finished. I was always told when HCL was 100% done and official…we would get the new rate…I had heard this from one of my sources... but was glad to hear it confirmed from another. So that feels good …Just 3 paragraphs to work through on the HCL…I thought this was great news. Frank26 [Bank Story] I called JP Morgan Chase corporation office and I was told when the Iraqi dinar is reinstated... FRANK: What?? Chase told you this?! Bank Story: He said when the IQD is reinstated I am supposed to go to Houston, Texas Chase Bank and they would be able to exchange my currency and set up a private account there for me. I just wanted to share my JP Morgan Chase story with you. This is amazing isn't it? FRANK: Follow up on this don't leave it there. [Post 1 of 2] Frank26 [Bank Story] BANK STORY MAN: I called JP Morgan Chase financial office again just to make sure that it wasn't a fluke and reassuring myself...This time I got a different advisor...Guess what? He told me the same thing...that Iraq was about to reinstate their currency...I wanted to find out in Houston area which JP Morgan Chase Bank would be exchanging the Iraqi dinar...He transferred my call to the JP Morgan Chase bank and a lady by the name of 'Ms Bank Lady' didn't deny anything. I asked her and she suggested that I call back tomorrow and talk to one of the bank agents about setting up an appointment with them to find out how to do my exchange with the bank... FRANK: This is incredible information. I'm so glad you pursued it to the next level. [Post 2 of 2]
  25. 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 see these banks finally admitting the truth about the Iraqi dinar monetary reform. They would never talk about it before because they would lose their licenses. They would lose the opportunity to exchange when a time comes. And that time has come! Pimpy I haven't been this excited about Iraq in a long time. I remember in 2019 they were really striving, making great steps and then everything kind of fell apart and then we had the whole "Rona" thing took place and it just seemed like they could not get their head above water. But this past year, everything is looking pretty good. Militia Man What the WTO and the world want to see is that Iraq is a balanced nation...They need to produce. I'm talking about industry...Development Road Program, the Silk Road Initiative. All of that's coming together and coming into play to be able to prove to the world Iraq is ready to stand on her own two fee and start doing trade and be that additional bread basket to the world... Clare Article: "The Minister of Finance directs the Accounting Department to continue working on Fridays and Saturdays until the end of the current year" Quote: "This came with the aim of accelerating the completion of financing procedures and the approaching end of the fiscal year."
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