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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 oil for the [??] Port hasn't left yet, salaries payment hasn't been paid yet. One thing leads to another, that leads to what? A Real Effective Exchange Rate. I think that's where we are are. I think that's pretty self-evident... Pimpy Article: "Urgent: Iraq receives an important message from America. And the Sudanese are studying it to respond" Not only did they not tell us what was in the message but they're letting us know that an important one came across...I'm sure it's really serious...We need Iraq to stay stable and secure in order for their economy to grow, in order for outside investors to get involved, in order for them to strengthen their dinar, before we ever see an exchange take place...

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Article: "UN staff on 1.5 billion Iraq aid project demanding bribes" Quote: "Whistle blowers allege large sums are being lost to corruption in Iraq..." This is exactly one of the issue Iraq has to tackle and we know they're working on it. MarkZ Question: What’s the impact of Iraq joining the Bank of international Settlements? Mark: It’s their acceptance and elevation to the World Trade Organization and all the other organizations they were removed from when they were sanctioned many years ago. These sanctions are quickly all going away which means they will be able to reinstate or revalue their currency. It is just one more clear indicator of how close we are getting. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One TV is saying we just overtook and stopped the most dangerous and most corrupt organization that has ever stolen dinars. They stole over 1 trillion dinar...individuals arrested and groups have been stopped. FRANK: The money was recovered...This is the phase of the monetary reform right now, to recover this type of money, to be in position to float internationally... Militia Man Revenue streams are increasing. They're promoting the private sector which is going to create thousands and thousands of jobs...These 10 cities they're going to build it's going to be a lot of construction. They're not going to do that at 1310. If it costs you 1310 dinars for every dollar for every screw that might cost a buck a screw. Try to build a country with 1310. It's not going to happen... Kaperoni The dinar either rises gradually over time as Iraq's economy prospers reducing the money supply or Parliament will authorize the deletion of zeros reducing trillions to billions and a LOP. Not what we want to see. Sandy Ingram [The Development Road Project] is major, let me explain why - This is going to change ports of call and the international shipping routes...The Suez Canal route is 6,400 miles, 14 days and cost $4.5 billion per day...The Development Road Project is...only 745 miles...That means the costs drop dramatically if you put the shipment on trucks or rail...Once you get into the Mediterranean Sea you can deliver your shipment to anywhere in Europe. That is the importance of this Development Road Project... MarkZ Comment: Are we expected to get notifications Friday morning? Mark: That is definitely the rumors running around. Let’s see if it pans out or not. Clare Article: "Reconstruction: The year 2024 will witness the completion of ninety percent of the first package projects” Paulette The basket of currencies is what they intend to peg to instead of just pegging to one currency - the USD...This is what the CBI and the GOI has stated...If they are pegged to just one currency, if the value (purchasing power) of that currency drops significantly, so does the value (purchasing power) of the IQD. If they are pegged to a basket a currencies, if one drops the others keep the IQD "propped up". This is extremely important to Iraq as they are predominantly an import country. This is precisely what they stated years ago...Bottom line, the pegging to a basket is to maintain the purchasing power and stability of the currency and not a singular event to increase the IQD purchasing power. Frank26 What happens when there is a demand for a specific supply? It runs out quickly. Or it goes up in value quickly. The simplest thing, toilet paper, became so valuable when the covid hit us...If I was Sudani I'd give the lower denoms and the new exchange rate and instantly the dinar goes into a basket with other currencies around the world to float. The definition of supply and demand is going to take that float to the REER (Real Effective Exchange Rate). How are they going to reach the REER? By supply and demand.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat Quote from Deputy Prime Minister and Foreign Minister Fuad Hussein: “Iraq’s endeavor to occupy its natural position in the region and the international community”. ...Part of what it means for us investors in the dinar is to realize that when they mention international community, they are talking global...liberating Iraq from the war years. It is a FACT they cannot operate effectively in the global arena without a tradable currency on the currency exchanges, such as FOREX. Iraq is also at the sheer brink of a final announcement into the World Trade Organization (WTO), which we know they want back their dinar in the process...I believe that when you put all the FACTS together you can clearly see where they are leading Iraq and it is down a very nice road of prosperity and abundance... MarkZ We keep getting positive news. Over the last 2 days in Iraq I’ve seen about 4 articles pushing to remove the US. And about them executing their white papers or economic reforms and restoring their exchange rate. To me “restoring” is to put it back the way it was. Right? And restoring it back to its former glory when it was one of the most valuable currencies in the world. So, to me that would mean at least $3+...If you do the math $3.22 in 1991 and adding in inflation would be a rate of around $7.25 today. Wouldn’t that be something. WOW

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 Big push...They are finishing the reforms...But one of the things they need...is an international currency exchange rate. They haven't started pumping oil to the Cyan Port yet, why? Because they haven't had a customs valuation yet. Why haven't they gone to the WTO just yet? Because the WTO is going to need what? Valuation. What did they say they were going to bring in the short term? The customs valuation with the WTO...They need big movements. They're going to need a Real Effective Exchange Rate. 1310 is radically different than what I believe a Real Effective Exchange Rate is. Paulette Community Comment: "IMO- CBI official rate 1310. 1 USD ~ 1310 IQD = 0.000763. Drop the three zeros. 1 USD ~ IQD 0.763 = 1.310 IQD/1USD" I don't believe .76 USD for one IQD (1.31 IQD/1USD) would be adequate for the Iraqis to want to abandon the more valuable USD...The MOP/MOI study all the way back in 2009 stated 1.14 - 1.18 USD to 1 IQD to start for 3 years prior to reinstating the true value of 3.22 USD per 1 IQD. Fnu Lnu Article: "The Central Bank of Iraq announced the approval from the US Federal Reserve to supply dollar cash in 2024, as part of efforts to stabilize the Iraqi economy and its currency." Quote: "The decision came after officials from the Central Bank of Iraq held a meeting with representatives from the Fed and the US Treasury in Dubai." As of last Thursday, the official market recorded an exchange rate of 1,296 dinars per dollar. It appears the UST is helping Iraq to stabilize. The Dubai meetings concluded with praise for the bank's strategies in reducing dollar transactions in the local market. Iraq could end the parallel market activity by simply revaluing the Dinar above one USD and the black market activity would come to a screeching halt. So why haven’t they? Are they stalling for some reason? Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing the meeting in Davos with CBI governor, IMF, World Bank and Sudani have shortened the time on financial and banking reform. They're saying it's a shorter time expected now to complete the reforms. FRANK: He is telling you they are very very close to giving you the new exchange rate with the lower denoms...What happened at Davos put the monetary reform on light speed. MarkZ Comment: I believe the Iraqi dinar has to come back where it went out at. $3.22. And the VND has to come back to $2.27. According to the IMF? Mark: If you correct the VND back to its old value, it would be about $2.21 to $2.30…depending how they adjust for inflation…but, yeah. This is why I believe certain values will make more sense. These follow historic norms for revaluations. Pimpy When people say they have to be article VIII compliant, they have to delete the 3-zeros, they make it sound like it's a mandate. They don't have to delete the 3-zeros. It's idealistic if they do but they don't have to delete the 3-zeros...No where does it say it's mandated. Clare Article: "Dollar prices decline in Baghdad and Erbil with the closure" MarkZ There is an enormous piece of news...Somewhere in the last 48 hours appearing on the website of the Bank of International Settlements (BIS). “Central Bank and Monetary Authority Websites” ...In Iraq they have made it to the BIS website now as a “Central Bank” I believe this is an enormous sign that we are about to see a “boom“ in the World Trade Organization. To me this is a big one.

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 Iraq is again discussing the change in dinar value openly. This makes more than 4 articles etc…in the last week. They are expecting a major change in the valuation of their currency soon. Also still talking about pegging to a basket of middle eastern currencies in order to compete with the US dollar. Also in the news there seems to be big happenings in the Iraqi currency auctions. Bringing in much more dinar. They are making all the moves we expect to see just before a revaluation. They are telling us it is coming… it is very clear how close we are. Clare Article "Parliamentary Finance Committee: A surplus of more than 10 trillion in the 2023 budget” Quote "The total revenues of the Iraqi state, as of November 2023, amounted to more than 121 trillion dinars, while expenditures amounted to more than 110 trillion dinars, which means there is a surplus of more than 10 trillion dinars, according to the Iraqi Ministry of Finance. Frank26 For any Iraqi that lives outside of Iraq they will take advantage and exchange their 3-zero notes for American dollars. The monetary reform is getting louder and louder everyday and very direct. There is no confusion. There's no need to wonder when it's going to happen because they're telling you it's happening. IMO the lower denoms, new exchange rate and the float in the basket is the next phase of your monetary reform...Prime Minister Sudani is bragging about it 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 Paulette Community Comment "We've been told in the last couple of weeks that we may only have 30 days to exchange, no one knows....and that we may not be able to take advantage of any float..." I don't think the 30 days is a probability. It certainly may be a possibility. I hope not for MANY reasons...This is a speculative investment. Militia Man .0006 or .0007 as far as exchange rates concerned, when they drop the 3 zeros off of that it makes a big difference. Do a little math. Get a calculator and see what the difference is when you have .0007 to the dollar and you drop those 3 zeros and see what the calculation is. You can see there's a big difference...It's phenomenal wonderful stuff. Frank26 Question"How long will it take for the US to update the IQD price?" Instantly, the moment the CBI pulls the switch on the new exchange rate. It's electronic. It pops up everywhere. Fnu Lnu I'M BELIEVING THAT THE DINAR WILL REVALUE AND VERY VERY SOON. IT ONLY MAKES SENSE THAT IT WILL COME OUT HIGH, PERHAPS $10, AND THEY WILL ALLOW IT TO SETTLE. THIS GIVES IRAQ A BIG ADVANTAGE FOR BUYING RECONSTRUCTION MATERIALS AND PAYING CONTRACTORS AND THEN ALLOW IT TO SETTLE DOWNWARD TO REACH AROUND $3.90 - $4.20. Pimpy Article "Unshackling the Iraqi dinar...Iraq possesses over 100 billion in reserves parked at the US banks rendering it dependent on US officials goodwill" I was speaking about this before, the United States has to approve most everything the Iraqi government does, which means Iraq is not in a good position. The reason for that is they have to do whatever the American government wants...You think they are going to have what's best for the Iraqi people? No. They're more interested in these big corporations and doing what they can do to hold down the value 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 It's complex, the monetary reform. There are many facets to it. There' are many things happening. There are many levers and buttons being pushed and moved. The beauty of it is these things are actually occurring...I don't know when they're going to release the new exchange rate...All I know is, that they are... MarkZ Question: Can you clarify who has the authority and final say on the RV of the Iraqi Dinar? Mark: It is the US Treasury. But the UST is controlled by the western banking world elites… That’s who has been stalling it. Iraq and BRICS has been doing everything to force them into a corner where they have no choice but to go. That is what we have been watching. It would have gone years ago if it wasn’t for the western banking world. Here in the US – the western banking elites representatives is the US Treasury... IMO they are doing everything right to force the US treasuries hand. Iraq told us in Dec. they would totally de-dollarize after Jan 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 monetary reform IMO is at a stage right now where it is educating the citizens on the next step...Based on what we're seeing what do you think is the next step the Central Bank of Iraq, Sudani and the board of directors are going to enact/activate/push the button of the monetary reform? New small category notes - I agree. The float - I agree. LD's and rate - I agree. Revalue - I agree. HCL - I don't agree. Not yet. Although everything will be poured out of the bucket the moment the new exchange rate occurs and that's the HCL too. Fnu Lnu In order for Iraq to do business with other nations, under the current regimen (SWIFT), they must use Nostro / Vostro accounts...Nostro comes from the Latin word for "ours," as in "our money that is on deposit at your bank." Vostro comes from the Latin word for "yours," as in "your money that is on deposit at our bank."...These are to be placed on deposit with a designated bank in each and every nation for cross-border payments....How much Iraq has on deposit in other countries depends on how many countries with whom they intend to do business. As we have recently seen, there are quite a few Nations with whom they...have deposited Dinar in their banks and the Nations that will export to Iraq have money in the CBI. Nostro / Vostro accounts have no bearing on the International exchange rate of the Iraqi Dinar. Pimpy I never said it's not going to happen. It absolutely will but it's going to go up in increments IMO. Is Iraq doing what they need to do to get back on track? They are. What are the biggest hurdles? They need to do something about corruption...Unless these things change we're going to have a hard time getting to where we're trying to...change the exchange rate.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 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...