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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Article: "Parliament is awaiting the 2024 budget schedules...preparing for major changes in numbers" Remember I told you if they're going to make any kind of change to the exchange rate it would happen at the end of the year or before the beginning of this next year 2024. The reason for that is businesses in Iraq have to prepare their budgets ...based on what the government in Iraq does...The fact that they're saying they need to reconsider the total revenues and expenditures for the year make me wonder what it is they have up their sleeve. There's no guarantees that's what's going to happen but if they are going to make a change to the exchange rate this would be the time to do it. Frank26 This is not an RV like a lot of silly people say. This is a reinstatement. It's about the numbers of the reinstatement. They are talking about the fils...It's blowing my mind all the things they're telling you...We have landed on the shore of monetary reform. IMO because they are telling you so much in such a concentrated amount of time it's because they are in a hurry as January the 1st approaches us... Militia Man The facts are in the pudding. Anybody that says it's never going to happen has not done any study...When people do that I think it's reckless and I don't think they've done their research properly... Walkingstick 1310 is actually a really good rate right now because it's good to keep control of the IQD exchange rate. By keeping it at 1310 until they're ready to pull the trigger, there's no profiteering. There's no reason to steal a dinar. As the CBI maintains the exchange rate value of the IQD it is affecting the rate of the USD verses IQD...The CBI is controlling the dinar... Nader From The Mid East Don't worry about the budget. The budget has nothing to do with nothing. It has stuff to do with making the economy stronger and all that stuff but has nothing to do with the rates... Pimpy You guys keep forgetting they rely way way too much on oil revenues for their budget. That has got to change before you can really make any major changes to the Iraqi dinar exchange rate... MarkZ Everything still appears to be on track with a tremendous amount of anticipation for the next few days... There is a big push now to get the US military out of Iraq immediately. Article: “Iraq’s PM says government working to end presence of US led coalition forces in the country” Donald Trump once said that that when they reduced the numbers they would not completely leave the country until we have been paid for the war effort. So what does that tell us? They are trying to get us out in “the next coming days” which means the RV needs to happen…as I understand it. This could be an indicator of how close we are. Iraq is also indicating the problems with the parallel or black market selling the dollar would be done by the first. Buckle up for this week…We may not make it by the first…but I believe it will be very close to it. Kaperoni I hope each and every one of you find success in this investment...It may take time. It may be another 1 to 5 years. I certainly hope not but I believe things could happen quickly over the next 36 to 48 months. It all depends on Iraq. Frank26 Question "Do you think we will be limited to the exchange time?" ...They will give you the time frame. I'm hoping...they never stop. Now, Iraq will stop. They will eventually cancel their 3-zero notes but you'll be told way in advance. My only sadness is I hope they don't say you you got 3 months to exchange. I would love to see the float go into 6 months or a year...If we are stopped then the float is of no value to us any longer... Pimpy Community Comment "Pimpy last month said he believed the dinar will revalue in 3 years so I stopped listening..." I didn't say it was going to revalue in 3 years. I said it's going to go up in increments over three years. Big difference.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man There's more to the story...It's not their job to tell you specifically we're going to do this, this, this and that tomorrow. They're not going to do that. But we're going to watch and see... Walkingstick Question: "Where is the new exchange rate?" You don't see it yet but they are telling you directly what you are about to see. They are in the process of making the new exchange rate public...This is the monetary reform education at its best. They are telling the Iraqi citizens while you investors listen.

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 ...we can see what is slowly happening is that Iraq is moving back to a normalcy of their financial system an international normalcy. It takes much more than just putting in place the banking reforms, the means and the mechanisms to do it as we have witnessed over the past years. But now they are actually doing it. It may be slow but remember they are still under the strong arm of the US Treasury on this matter too, and are working very closely with them at their pace. In many ways this is good as we want the US to support this process when it comes time to give the “green light”. This is why so many visits by the US Treasury to Iraq.

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 There's no float. It's fixed at 1320 for every dollar. Once it ends up on Forex then you'll see a float. Most likely it will be a managed float where if it starts to get crazy one way or the other then the government will intervene and control the rate...The most likely scenario..! Sandy Ingram In January 2024 foreign currencies will no longer be allowed inside Iraq and any violations will be criminalized. The Iraqi dinar will be used for all transitions. Angel1 They have met all international banking standards. That was something the US Treasury walked them through...That was a massive deal. Shortly there after the UST signed off on their part. Shortly after the UST signed off on their part they met with the IMF...On the IMF report is this, they approved the pass through from the exchange rate revaluation. In other words they approved for them to go international and allowed them to let it go, and the markets will determine what the exchange rate is...We're looking really really good.... I like it, but will it really happen..? Militia Man Anybody that's not thinking this is ever going to happen, it has absolutely been in track. The UN is having what they called...the fast track...Nobody's going to take the Iraqi dinar seriously at 1310...The UN assembly...talked about how Iraq's going to be a savior for the global financial system. If they're going to be such a savior...how is it that 1310 hasn't worked so far? Frank26 IMO the monetary reform will mature...They are trying their best to help you understand they are about to give you [Iraqi citizens] your monetary reform in the coming days. I don't care what rate it comes out at just release the tiger... Nader From The Mid East They're doing great. I can't wait for January to see what's next week to see what's gonna happen. I mean I can't wait, like the day get longer when you want to know, when you want to see what's happening there, the days got longer and longer. I wish to see what's the first step... MarkZ Well there is plenty of expectation for this weekend...things are highly possible by the first. No SH*T Sherlock, everybody is hoping, but very unlikely - sorry to say. Walkingstick The blackmarket rate verse the official rate is off by only 10%. They have made great strides with the monetary reform. It has been accomplished. It is done. It is in position to be freed up.

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 As we close out this year Iraq continues to take steps in a positive direction. Let's hope this continues. You guys keep asking about a rate change at the beginning of this year. If they're going to do it it's going to be done now, not later. I'm not saying it's going to. I'm just saying if it's going to be done, it's going to be done now so they can re-change all the budgets for the years. I don't think it's going to happen but we'll see what happens from here. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Financial expert on TV saying there will be changes to the value to the Iraqi dinar after the new year. FRANK: The CBI, without any fear, without pulling any punches back, they flat out tell you the beginning for next year your currency will have value added to it. Of course, because you won't be able to use any other currency in your country. Therefore the sanctioned, punished program, used toilet paper rate of your 3-zero notes is going away...You are about to be a powerful linchpin in the financial theater of this world. Iraq is about to change as quickly as darkness turns into light. Get ready, you are about to walk with elegance and grace once again. Mark ...Bank Story...I am going to leave out the name of the bank so they do not get harassed.: “I went to my nearest ____ bank in California on Mon 12-18 to talk about the possibility of opening an account with them. I told the account rep I had a lot of foreign currency and have been reading that ______ bank was one of the banks doing deals in Iraq and were going to be one of the participating banks when the RV (Re-valuation) happened. I asked if that was accurate? The account rep lowered his voice a bit, smiled at me and said “Yes, they are going to be one of the participating banks when it happens but I would need to have an account in order to redeem” [Post 1 of 2] MarkZ I asked him if I opened an account today would it help with the process, and would this branch be where I would be exchanging? He said “Yes and No” Yes I could bring in my currencies here…but they would have to send them to a branch in a different city to verify the currencies are legitimate. I asked if I could just drive to that branch and redeem it myself there and he said “Absolutely” and that way you do not have to let your currency out of your sight. So what I call a redeeming bank or redemption center- are locations like that one that are set up to verify and exchange it right there in front of you with trained personnel. RC’s are banking facilities specifically set up with specially trained staff to verify your currency in front of you so you do not have to let it out of your sight. [Post 2 of 2]This all sounds like a contrived story to me - JMHO..! RON From Midnight Thursday - 12/28/2023 Walkingstick Remember Iraq is still under the umbrella of the IMF. They may not be under sanctions but they are under the umbrella/protection of the IMF. These were the meetings that were taking place in New York, then Dubai and then in Baghdad. Remember the two things the IMF said - The Iraqi dinar is adding value and they are very undervalued with their 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 Iraq is not going to be at a pubished rate. They're going to have a real effective exchange rate (REER) coming in the future. That's what our expectations are and that's what the citizens of Iraq's expectations are. Pimpy The year is winding down. I would say Iraq did pretty good despite all the BS that's going. We are looking forward to 2024, hopefully with a lot of great news as Iraq continues to move forward to do what's best for the people of Iraq. MarkZ There seems to be a lot of fear about redemption centers. What I refer to as redemption centers are participating banking institutions. You can call them what you want. These are banking properties with banking personnel trained to handle foreign currency transaction and verify them on-site instead of sending them off somewhere... Nader From The Mid East I don't believe in redemption center. I don't believe in that. I believe in banks and exchange offices. I don't believe in redemption centers. Sandy Ingram Why are we seeing reports of a meeting with the IMF in Jordan and a meeting with the Department of the Treasury and the US Federal Reserve in Dubai? ...The meeting with the IMF had to do with the IMF staff team helping the Iraqi authorities reform the banking system...This meeting more than any other tells us Iraq may be preparing to join the global financial network, aka Forex Market...Here's the bottom line. Iraq has never really been on the Forex market. These reports IMPLY Iraq is headed in the direction of international currency inclusion while using its own currency for transactions within th country beginning January 1, 2024. MarkZ Question: What does you gut say Mark? Mark: My gut feels it will be at the bridge of 2023 to the first of January. Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is talking about how Iraq and a basket of currencies will help to reduce the dollar rate. They are already talking about the yuan and rupee... The government is saying we aspire to end the parallel market dollar in the coming days. Walkingstick They are telling the citizens in the middle of January the IQD exchange rate will finally match the official exchange rate of the CBI. What is the official exchange rate of the CBI high now? 1310. Do you think it will stay at 1310? No. No matter what the CBI exchange rate is in the middle of January the CBI is saying the market rate and the official exchange rate of the CBI will be the same. So it could be an RI rate. Or it could be at 1310...It really doesn't matter what the rate is. As long as they are the same... Militia Man We have been watching some of the most fantastic news articles...We can clearly say we have the confidence Iraq is going to be going international...We see evidence of that in a lot of different ways...They're doing things in a big way...The U.N. is saying Iraq has emerged... Pimpy Iraq has taken the necessary steps to strengthen the Iraqi dinar. We know there's restrictions on the amount of money Iraq is receiving from the US. But doing that has put the pressure on parallel market because they don't have enough dollars to trade...on the black market ...causing companies to have to use the official exchange rate instead of trying to be sneaky on the parallel market. That means they have a stronger Iraqi dinar... Because of that they have more purchasing power... This is why I think as time goes on you're going to see the Iraqi dinar go up in increments. Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about Fils and what they will mean to us. FRANK: What are fils? Coins. Because they're coins [REAL metals] and not fiat [paper currency or numbers on a screen] they are pip incremental increases FIREFLY: They're talking about coins they are going to give us along with the lower denoms. They're saying the battle with the dollar is soon coming to an end. Mnt Goat ...there is always one news article to grab my attention and stands out from the rest...WOW, WOW, WOW news. It says that the purpose of foreign currency in Iraq is to deal with it outside the [national] economy, so it is not possible to consider the existence of a price in the dollar and a price in the dinar: one rises and the other falls. No monetary policy can control such a situation...Folks this is just what we have been waiting for so long to hear...This is huge news. [Post 1 of 2...Reposted] Mnt Goat They are finally getting off the sanctioned use of ONLY US dollars for trade outside Iraq. Yes, they are beginning to act now like they are out of the UN 1991 & 2003 sanctions, that by the way, happened over a year ago. So, yes, it is about time. We all should be jumping for joy and maybe even taking a couple sips (I said just a couple) of that refrigerated champagne… lol.. lol.. lol. Save the rest for what is coming next and that includes going to the bank. [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 Frank26 [North West US Bank Story] BANK STORY WOMAN: All the way up until a few months ago, I kept buying dinar from this bank...The VP came into the office and says, 'Hey, we want to know why are you buying all this dinar? Is there something you know that we don't know?' FRANK: Oh, my goodness. BANK STORY WOMAN: I kind of gave them the foundation of it and then before you know it I end up walking into the bank [weeks later] they sort of shouted at me, so have you heard anything? This was in the lobby! I was looking around like oh, my gosh why are they talking so loud? [Post 1 of 2] Frank26 [North West US Bank Story continued] I have my fingers next to my lips. They said, oh it's okay everybody is invested here. FRANK: They got invested and now every time they see you they want to know more. Yeah, this is a small bank. That's why they don't know too much about it. But the fact that you planted a seed with them and you know very well they went and asked questions to the right people in the banking industry. Next thing you know they're waiting. BANK STORY WOMAN: ...They have a lot of branches in 5 or 6 states. They're big but they're not big like Well Fargo or other companies. [Post 2 of 2] Militia Man Multi-currency practices are using more than one currency. For instance if you're using the dinar and the dollar, that's multi-currency practice within internal circumstances. That's going to go away. Clare Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market” Quote: “The US Treasury continues its cooperation with the Central Bank of Iraq, as many Iraqi banks have now formed relationships with international banks for the first time.” Babysmom WE WILL NOT KNOW WHAT THE RATES ARE UNTIL THE DAY WE GO TO EXCHANGE. THEY WILL BE BASED ON FOREX AND WITH THE DINAR IT WILL BE BASED ON WHAT THE PRICE OF A BARREL OF OIL IS AT THE TIME WE EXCHANGE MarkZ Article: “Iraq’s ports emerge as key transit points amidst international shipping route changes” With the unrest in the Red Sea…they have found alternative paths through Iraq using ports, rails and trucks. I think this one is big and solidifies Iraqs position in the international world. They are also shoring up their financial world and Iraq’s position as a trade hub. They are going to need a currency to go with it…especially once the de-dollarize. Question: What does your gut say? Mark: That we may be in the last week or the last days of this thing.

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 has experienced multiple devaluations and revaluations of the currency...From 1988 to currently where we are these are the major events that affected currency. 1988 the IQD as introduced. This was replacing the IQP (Iraqi pound). This was done at a fixed rate of 1 to 1. You could exchange your IQP straight across 1 for 1 for the Iraqi dinar (IQD). 1990 when Bush went to war with Iraq of course the gulf war caused significant devaluation of the IQD. The currency lost about 80% of its value against the US dollar. You could exchange 1 Iraqi dinar for $0.31 cents US. [Post 1 of 3] Pimpy The funny thing is I would take that right about now because I have about four or five million Iraqi dinars. If it jumped up to $0.31, woo, I'd be happy with that because I'd get over a million dollars back. 1995 the IQD was officially pegged to the US dollar at a fixed rate of 1 IQD for $2.85 USD. 2003 we know the US led an invasion of Iraq...This led to economic instability and currency fluctuations. The Iraqi dinar was devalued to around 1 IQD for $1.30 USD, then to pennies...Got rid of the ones with the faces of Saddam Hussein... 1 new IQD was equivalent to 1,000 old IQDs (3,000 to $1US). In 2012 (before 2012) the central bank...allowed the IQD to float freely. This led to a significant devaluation of the currency with the IQD losing 20% of its value.(this is a gross misrepresentation - The CBI lowered the value several times since late 2020...see chart: https://tradingeconomics.com/iraq/currency select "all" )..[Post 2 of 3..stay tuned] Pimpy 2014 IQD experienced another devaluation. This time it was due to the decline in oil prices and conflict with ISIS. The currency lost about 15% of its value against the USD. [Later] the CBI implemented a new exchange regime allowing the IQD to float freely against the basket of currencies. I think a lot of what Pimple wroth was from memory - again, check the chart. This led to further devaluation of the currency with the IQD losing another 10% of its value against the US dollar and then not even a year later to turn around and...increase the value of the Iraqi dinar exchange rate...So yeah at one time the Iraqi dinar was more valuable than the US dollar. Do I think it can get there again? Of course I believe that absolutely but there are hurdles that Iraq has to get over. [Post 3 of 3] 12-26-2023 Newshound/Intel Guru Walkingstick At what rate will the IQD go into the [Middle East] basket? I don't know...This is an RI. This is the reinstatement phase. The goal is to reinstate the value that the Iraqi dinar once was proud of...It's a reinstatement to get to the Real Effective Exchange Rate (REER) to a float. The key is to let them get to that 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 The IMF regulates all banks around the world. If a bank wants to come out with a new currency they will talk to the IMF about it...Whatever it might be concerning the financial structure of a country with its banks the IMF has to give the okay...Why? Because you're dealing with every country internationally. Well, Iraq isn't. They're about to! And that's the point...They're about to do what big boys do, what big banks do. The IMF has worked with them...This is the conclusion of those meetings. Wolverine (Bank Story from a member) I live in a very small town and called my local banker at Wells Fargo. I asked the bank manager if the bank was ready for re-evaluation of currency. He said they were all ready and fully trained and when the green light goes on his bank will be able to take any currency in any denomination. He said he was waiting on the green light. Frank26 Right now it's an illusion to many banks because they don't know. But the banks that do know, are the ones that are being primed.

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 Nader From The Mid East 80% of Iraqi use the dollar. That means when I carry $100 I carry 1390. If I carry 10 $100 which is $1000 I'm carrying 1,460,000. In January, the 80% of people are going to carry 1,460,000 dinars. Do you think really going to carry that? ...Guys like me, I'm not going to go to Iraq and carry 1,460,000. That's a lot of money in my pocket...If they taking off the dollar from the market, they're going to have to match the dollar...They're going to have to come with small category of dinars...100, 20s, 25s, 5s like everybody else. Pimpy You're not going to see new currency come out. Not yet. And you're not going to see them change the exchange rate. Not yet. Remember they put together a 3 year budget...that was calculated using the exchange rate of 1,310 dinars. Militia Man They've met their new international compliance requirements. The banks are facilitating currency movements and international trade going forward. Really this is a very good sign that what we've been dealing with and what we've been waiting for is knocking on the doorsteps. It is really good.

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 Petra Patterns over the last couple weeks have been nothing but exciting...Their focus has been on tightening up their relationships and activities...with their new partners globally...Now they're reaching out to countries and corresponded banks...which is critical for their currency to do what it needs to do. What we're seeing very clearly is a very focused and direct effort to get them over this finish line and to get them Article VIII compliant...all of these things line up...It's basically done...Now they're ready to go. Frank26 You [the bank] are not going to be charging me because I'm going to be depositing my money in your bank...If they say no, go to another bank. You are in control. If you had a million, 4% they want. I don't want to give up $40,000 to nobody. Especially if it's not necessary. It's an insult to be charged to put your money in a bank. It's like a tax upon a tax.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Walkingstick Article: "A government source reveals the Sudanese measures to reduce the dollar to its official price" IT'S BECAUSE THE IQD IS GOING UP IN VALUE AGAINST THE USD...NOT THE OTHER WAY AROUND! It's been a really quiet day so far..! Merry Christmas Everyone...Ron

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 Keep positive. Keep upbeat. There's nothing bad as far as I can see at the moment. We'll see. Anything can happen. Anything can change... Frank26 The HCL is waiting for what you're waiting for, what the contracts are waiting for, what everybody's waiting for - the new exchange rate. You see the new exchange rate you got the HCL automatically. It has no choice but to come out hand in hand. One feeds the other. But only once can feed the other, not both ways. It's not symbiotic. Pimpy If they're going to make a change at all it's going to be happening at the end of this month or at the beginning of next month. It's too expensive, too chaotic, not to mention it's very disruptive of the economy because people have to turn around and re-budget everything and that takes time and nobody want to go through that hassle partway through the year. If it's going to happen it's going to happen between now and the beginning of next month. Samson Article: "Plasschaert: Iraq has an excellent opportunity for rapid progress in its sustainable development" Quote: "the United Nations in Iraq, Jeanine Hennis-Plasschaert, confirmed today, Saturday, that Iraq has an excellent opportunity for rapid progress in its sustainable development...it has emerged..." Sandy Ingram Inflation...political stability... balance of payment...national debt...recession - each of these seven categories helps determine the currency rate of any country...We want to wish each of you a happy holiday...

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: "When we go to exchange, is the removal of the 3-zero notes going to affect the value of our dinar?" If you look at the American currency...we actually have a $500...$1,000...$10,000 bill...but after World War II our country become very powerful and we got rid of the 3 zeros just what Iraq is doing but we didn't do it physically. We did it on our exchange rate... Those zero notes are still legal tender... Walkingstick Have we not been saying to you over and over again look for it in the beginning, in the middle or at the end of a quarter...Iraq is on a fiscal calendar year. January 1st to December the 31st. This is the end of a quarter. It is all about the accounting. It's all about the numbers. Militia Man The chronological order of getting us to where we are today just goes to show you Iraq is opening for international business to the world, and they say it. Those are their words. I just bring you guys the news to the best of my ability and I'm stoked you guys are here with me... Have a Merry Christmas, Everyone...Blessings..! RON

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 What I've always said is it makes more sense for Iraq to have a managed float which is effectively a fixed exchange rate...1 to 1 or 2 to 1, 3 to 1, 4 to 1 whatever they decide to do it makes it easier the higher that exchange rate is to defend...Having a...3 years budget keeps it stable...pricing stays stable. Anybody that says it's going to float to from a relatively low range to a high range over time they don't understand. Article quote: "The exchange rate will be fixed especially since it's been fixed in the federal budget law for 3 years says Saleh..." This is coming from the advisor. Don't talk about float. It just doesn't make sense to anybody. Clare Article: "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules" Quote: "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.” Kaperoni ...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq. And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance. Nader From The Mid East That's what's slowing down all this process. It's people still using the dollar in Iraq. Even me, I use the dollar in Iraq. When I was there last week I use a dollar in Iraq. Why? Because it's a lot easier. It's smaller. You don't carry a lot. You carry $500, $600, $700 with you, $1000 max...If I didn't have the dollar and If the dinar for me to carry...it would be a lot in my pockets... MarkZ Pretty quiet from Iraq so far today. One of my sources believe the local elections had some effect on our timing and are finishing the ballot counting before they release rates. If he's accurate…the counting should be finished in the next day or so, possibly as early as today. I have one source in Iraq who believes they will release the rate in Iraq as soon as they finish seating these new electees. Possibly in a day or so or as early as today. Pimpy Remember the goal is to become a cashless society...Just because they're doing away with the US dollar has nothing to do with them changing the Iraqi exchange rate. I did say IMO towards the end of the first quarter, the beginning of the second quarter you might see a bump in the Iraqi dinar exchange rate only because of supply and demand. If they do away with using the US dollar and they start using Iraqi dinar more in country, that's going to strengthen the Iraqi dinar. Plus there's going be a much larger demand for the Iraqi dinar because the dollar won't be around anymore for them to use... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television special is saying we are seeking monetary sovereignty over the dollar. FRANK: Can't get any more straight forward to the point than that can we. When they say the word Monetary they mean money...They want your currency to dominate...They have told you after January 1st you will not be using anything but your sovereign national currency. To me that sounds like a currency that has great pride in being announced to the world. A currency that is about to go up in value. It does not sound like the continued sanctioned, programed rate that has robbed you citizens of your future... Militia Man They said only one currency by the first of this next year and they also said that the taxation will be on the dinar, customs and borders this year. They'll have to educate those citizens effectively though - in the next 10 days. We're going to watch and see how it rolls.

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 dollar is slowly going down in value inside of Iraq. The Iraqi citizens are removing the dollar from their lives whether it be usage in commercial transactions, business, at the markets. By doing that they're using their currency the way they were told to do. That action is causing the dollar to lose ground and the Iraqi dinar to gain ground. MarkZ Comment: Exchanges should not be taxed…but, be prepared. Mark: That’s the way I look at it...a memo from the US State Dept. directly about Iraq...The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.” [NOTE: Always consult with your tax professional at the appropriate time to determine the right tax for your unique circumstances.]

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Walkingstick They have told them [Iraqi citizens] a change is coming. Do you need another clue? Come January 1st what are the citizens supposed to do? What are they supposed to use? Should they continue to use a worthless currency? Should they continue to live in misery, poverty, when they were promised other things? Iraq will be another Dubai. What more can the CBI do after the first? Reinstate and float. That will make the Iraqi citizens very happy... Frank26 1 to 1 is stupid...Did they not say their desire is to be on par 1 to 1 with the American dollar? Did they not say their desire is to take that relationship and de-peg from the dollar and go into a basket where the dollar, ...instead of being pegged, will be paired with the dollar along with many other currencies...They told us that did they not? I didn't make this up in my imagination. This is the monetary reform plan...They told us about what is going to happen on the 1st...1 to 1 in a basket to start out with? No. IMO when it comes to calculating...look at inflation factors...M1, 2 and 3 figures ...No - 1 to 1 is stupid...it's ridiculous. MarkZ In Iraq Article: “Central Bank achieves a new step in the right direction to regulate foreign trade.” Also the CBI just wrapped up meetings with the US Treasury and the Federal Reserve about “Becoming International” and they are content with the changes they have made for Iraq to be fully recognized internationally. Breitling Question: "These articles that keeps coming out where starting January 1st commercial transaction will only be in dinar - How significant is that? To me it sounds significant." Yeah, that's a big deal. It is. It's a super big deal because at a minimum it's the beginning of the end for them raising the value of their currency. It will be the beginning of it for sure. Jeff You'll be able to go to 53rd Bank on the east coast [to exchange your dinar]. I've already consulted with them. You'll be able to exchange your foreign currency there and they won't charge you any fees to exchange your foreign currency.. [Rumor] Clare Article: "Iraq agrees with the UAE to launch financial transfer and trade financing operations between the two countries" Quote: "The Central Bank stated in a statement...that Central Bank Governor Ali Mohsen Al-Alaq met in Dubai with the Chairman of the First Abu Dhabi Bank Group, Hana Al Rostamani, indicating that during the meeting it was agreed to launch financial transfer operations between the two countries and finance trade and imports between them. Iraq and the United Arab Emirates in the UAE dirham currency through First Abu Dhabi Bank" Militia Man Iraq is presenting that they're going international and they have been talking about it for a long period of time. They've actually doing it for a long period of time and they're coming to fruition to where they've publicly told us they were going to start spending money and that could be as soon as around the 20th. Then you have the end of the year dinar only. They have the taxation in dinar on the same time frame. These little bits and pieces they feed us, their time frames, we put it together...and we'll see how they roll out in the coming days. It's a phenomenal process... MarkZ Most of my Iraqi people think we are within a couple of days. My banking people think we are within a couple of days. Just remember we don’t know the timing. But I am super excited.[Rumor] Frank26 Question: 'How fast do you think the rate will increase [Once it floats]?' Frank: I always thought within a year. [Now] Anywhere within 3 to 6 months IMO. Samson Article: "The Governor of the Central Bank visits the branch of the International Development Bank in Dubai" Walkingstick Q?: [Why only [spend] 20% [of their budget] in 11 months?] IOO they're waiting for a new exchange rate. They're going to use their currency...pressure will be reduced on the citizens by adding value to their currency...Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing. IMO they are telling them all so they will understand where the monetary reform process is at at this moment. Pimpy When this thing happens and it's gonna happen...we have no idea about 2024. That doesn't mean it can't happen in 2024. I'm anticipating a rate change happening in the first quarter as they get away from using the dollar and they use the dinar more, as they start doing business with these countries they did a currency swap with, the demand for dinar will increase and is it'll go up in value. Frank26 [Beaver West Virginia Chase Bank Story] BANK STORY LADY: ...I got into the wealth department...The lady was very pleasant and nice and she said, ma'am I do have the currency...She explained they should be all set up a week from Friday. FRANK: I guess it's no secret. Bank Story Lady: I said I would love to be your customer. You respect me, I will respect you...I asked what would I need to do? She says just come right up in here to this branch office and we'll take care of you. FRANK: They're ready to do exchange with any foreign currency but they're not ready for the dinar until a week from this Friday. Bank Story Lady: ...I said I do have dinars, but I do have others...[she says] Yes ma'am we should be ready a week from Friday. FRANK: They didn't deny the dinar will be exchangeable, they told you we'll be ready for the dinar a week from this Friday...that's the 21st or 22nd... Mnt Goat I asked [my CBI contact] what the next targeted steps were and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq. I was told this is close to being completed and should be done this week ending. This lines us up for next week to begin the currency sway [swap ?] out, but they told me it is delayed until further notice. [Post 1 of 2] Mnt Goat So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week. [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 Frank26 [Clarifying Franklin Bank Story - from Wednesday Night Opinions] The individual said, can I exchange my currency at your bank? Oh, the dinar, yes we will be able to take care of you. Open accounts. Deposit your money in our accounts but you can only take out $5,000 per day in cash. If you want $10, $20, $30, $50,000 in cash we can arrange it but we'll have to order it for you... [He's saying this bank's daily physical cash exchange policy is/will be $5,000 USD cash per day but you can prearrange for more if you'd like.] Clare Article: "Sudanese Advisor: The dollar is declining, prices are stabilizing, and expectations are optimistic" [Note: We want to see the dollar declining in Iraq. This is good for the dinar.] Nader From The Mid East The facts are the facts. If they delete the dollar, if they take off the dollar from the markets in Iraq, they're going to have to come out with a small category of dinar. That's it. Why? Because it's too much dinars to carry...I'm not going to carry 150,000 dinars in my pockets. I'm not going to do that. I prefer to have $100 than 150,000. Pimpy With them taking away the US dollar there's some logic to...an increase in Iraqi dinar. Will they? You're not going to see them go 1 for 1... Nothing would make me happier than to be wrong about this. I would love to go, 'Oh, my gosh, everybody was right and I was wrong. Darn.' As I take my dinar down to the bank...It's not that simple. There are a lot of hurdles and...precautions countries have to take before you do anything that outrageous with your exchange rate. The best you can hope for is it goes up in increments...You're not going to see any huge significant change in the Iraqi exchange rate despite the fact they're taking away the US dollar. Frank26 The IMF is telling the world that the CBI is about to add value and change the exchange rate. Congratulations. As far as I'm concerned the announcement was just made.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Jeff The elections are the lynchpin to all their remaining economic steps and movements including the rate change...These elections were a reform step, which is exactly what the rate change has been waiting on throughout this entire year. Walkingstick They were mopping up excessive liquidity. That's the 3-zeros of the Iraqi dinar and the American dollar. Even the dinar is a liquidity that had to be mopped up to collect the 3-zeros. They have accomplished that enough, now they are collecting the American dollar from their market... MarkZ [via PDK] So far this morning - very quiet…no real changes since last night. There is nothing negative…Just no news saying anyone is spending any money yet this morning. Maybe we will get more news throughout the day today. Militia Man Since November of last year they have been working to do what? Get rid of the parallel market. And how are they doing that? They're populating banks with many other currencies. They're doing all those things that are necessary to do what? Be article VIII compliant, to have a single currency, not a dual currency country. They're getting rid of multi-currency practices. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani has statement to us citizens to be on watch for change in the dinar pricing for goods in our market. FRANK: Realize that Sudani is telling you there is a change coming to the exchange rate of your sovereign national currency...He told you to look for it. That is simply amazing. It is part of the monetary reform education that is so loud even the man on the moon can hear it. FIREFLY: Sudani didn't say the amount of the change that will occur, whether it was small or large. He just told us to watch in our markets for the dinar to increase and the plan they had to devour the parallel markets is all but complete. FRANK: [Happy fist pump yes!] How much time is there left!?

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 ... We can clearly see that Iraq is moving to the normalization of how to do business with other countries and moving out of the sanctioned way of doing business with the world. They are already doing INTERNATIONAL. It is happening right now...Folks, I can not emphasize enough just how good all this news is today. WOW, WOW 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 Nader From The Mid East Everybody's asking me what's going on. What's the news. The news, you will see it on the 1st of January - what exactly is going on. They already gave you a date. I told you the 1st of January we'll be out of the dollar. We will not work with the dollar anymore in Iraq. MarkZ Article: “Iraq pushes to shift away from dollar dependency” they are going to need a currency- one that works internationally and carries a value…. They are telling us…we are just frustrated it’s taken so long. We know their de-dollarization goal is Jan 1st. Pimpy What the IMF is saying is really good. But, no, the exchange rate isn't going change tomorrow. It's just another step in the right direction for Iraq... Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV special saying we are seeking monetary sovereignty over the dollar. FRANK: When they say the word monetary, they are talking about your currency. And when they say sovereignty they're talking about you only using your currency the Iraqi dinar and not suing any other currency like the American dollar. That's why the dollar is going down in value. That's how your dinar is gaining value. Sudani said it clearly, I am adding value to our currency. They want the American dollar to go down. They want your currency to dominate...

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: "Launch of the third annual scientific conference on economic challenges and reform in Iraq" This part is very interesting to me. Quote: "Restructuring the general budget" Why would they have to restructure the general budget unless there's about to be some changes made. I don't want to get all crazy and make assumptions that it has something to do with the change in the exchange rate but I find this very interesting. Like I said, if they're going to ever change the exchange rate they usually do it at the end of the year or the beginning of the year so everybody could do what? Restructure their budgets for the year...I do find this interesting...my ears are perking...what do you got going on over there Iraq? Frank26 [Bank Story] BANK STORY WOMAN: I just spoke to a representative of the company for whom I purchased my currency. I asked, when the reinstatement occurs what happens from your end? She said when the revaluation occurs...we will be notified by the United States Treasury. We will then notify all of our customers. FRANK: I find that interesting, so this bank is saying they have the addresses and phone numbers of the people they sold dinars to. Like I told you, they're going to come after you. They want you badly. BANK STORY WOMAN: I was struck by the fact that she spoke of the RI as a matter of fact which will occur. She did not deny it. FRANK: Like I've been saying to you sister, it's not a secret. MarkZ Comment: Iraq may be spending 80% of their 2023 budget to flood its citizens with dinar right before the RV. Mark: That makes a lot of sense. There was a lot of backlash in Kuwait because they did not do something similar. A lot of Kuwait people were caught without having Kuwait dinar because they were using US dollars. Militia Man People need to know what they own. I feel what we're presenting to everybody is the ability to have a better understanding and know what you own...It's going to be really important because you're going to know the consequences...This is a complex event. It's going to be a complex event. They've proven it to us that there's so much more than just flipping the switch. You can't just think basic. You got to remember ...it's not their job to tell you everything...Understand what you own. The Iraqi dinar should not be taken lightly. Jeff The elections are the lynch-pin to the rate change. That's what we've waited on this entire year to even get to the point of being eligible to change the rate...Remember, it was the central bank's absolute minimum requirement to have and hold these elections. Or really to remove corruption. The most effective fastest way to remove corruption is through elections and that's what you're witnessing... Kaperoni A country's exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate. Until Iraq passes laws, diversifies their economy and increases their GDP, nothing will happen with the dinar. When Iraq passed their tripartite 3 year budget a few months back, it created the conditions for them to diversify and privatize their economy over the next three years. Now Iraq is on the clock to accomplish such.

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 still taking the steps necessary to stabilize their economy, stabilize their currency, give value and strength to the Iraqi dinar. Militia Man They're talking about reducing Iraq's dependence on oil. Dependence on oil is going to go away because they have non oil related products...services...and sectors. That's going to be from the taxes and tariffs at the borders, imports, exports, natural resources. They're going to have other than just oil. They're going to have other circumstances...They're talking about 350 million ton of sulfur...They're trying to achieve sustainability for the private sector... MarkZ The big news is the article and report...from the IMF...where they quite literally say that Iraq has a fantastic year ahead and much of that is due because of the passing of the exchange rate revaluation. The IMF released an actual bulletin discussing how well their meetings went with Iraqi officials…they talk about all the things Iraq did right and what the world is going to be…they even mention that part of what will make their economy so successful in 2024 is the exchange rate revaluation...I asked an Iraqi contact in government/finance his thoughts about if the revaluation they mention was the one in Feb where the dinar went from 1562 to about 1300 dinar per one dollar. …He said NO this is not what they are referencing. …so this is exiting straight from the IMF itself. Now we just need to cross the finish line. Nader From The Mid East When we told you new currency coming out, it is. When we told you the rate will change, it is. Now, it depends how it's going to go. If they continue to attack the embassy and continue the bull **** over there it can slow down things. But here's my expectation, I can be wrong, I can be right, my expectation the 1st of January will be no more [dollar]. Couple days later, a week later, new currency will come out. And maybe 2 or 3 days later a rate will come up...That's what I think. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy said the dinar inside our country has steadily being established with stability...Because of these efforts the dollar is dropping every day this whole week. It had a major decline...the dollar will continue to drop. Start the new year with no dollar actions allowed anywhere. FRANK:...I believe somewhere around the first they have no choice but to give you value...

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Jeff The reforms are absolutely waiting on the rate change to implement. They can't implement the reforms without changing the rate. They're telling you the rate change itself is very clearly waiting and has been waiting this entire year on these [provincial] elections... Samson Article: "Al-Sudani congratulates the winners of the local elections and invites them to interact with his government’s plans" MarkZ Bank Story: From a member "I went into my local Chase bank to withdraw some cash and the teller asked me if I would wait one moment. I asked her if everything was all right with my account and she said yes. Moments later the bank manager approached me and introduced herself. She took me to her office and asked me if I still had the Vietnamese Dong that I had purchased. I told her yes…. She smiled and shook my hand and said she looks forward to doing business with me very soon.“ MarkZ: I’m sure the teller had a notice flash on her screen telling her this customer purchased foreign currency. Pimpy Article: "IMF expresses optimism about non-oil financial growth in Iraq" This is a major must for Iraq. They need... non-oil financial growth...They can't get to this fast enough. They can't get this to grow quick enough. The fact they rely so much on oil is going to hurt them instead of benefit them...If oil prices fall, they're back to square one and they'll start devaluing the Iraqi dinar if they can't find alternative to generate revenue for the state. Frank26 Article: "IMF Staff Concludes Staff Visit with Iraq" FROM THE IMF, FROM THE HORSE'S MOUTH... GIVES PERMISSION TO PULL THE FINANCIAL LYNCHPIN ON THE GRENADE OF THE MONETARY REFORM! Just Frankie's Hopium speaking. MarkZ Question: Will we see this before Christmas? Mark: We don’t know - but, most of my contacts say we will…Not very likely, IMHO..!

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 Just thought I'd mention that I'm 81 today...RON MarkZ Article: “IMF staff concludes staff visit with Iraq” They met with Iraq authorities in Amman, Jordan on the 17th to discuss recent economic developments. They are not worried fiscally about Iraq and things are coming along nicely. Quote: “Inflation has declined from its January peak and is projected to stabilize in the coming months—helped by the Central Bank of Iraq’s (CBI) tighter monetary policy, pass through from the exchange rate revaluation,” They are telling us what they are doing. Sandy Ingram Article: "Iraq links Baghdad US embassy attackers to security services" The attacks against US forces have continued. The Iraqi government said several people who are alleged to have attacked the US embassy in Iraq last week have links to the country security services... Militia Man Everybody knows Iraq is about to go International and they're going to have a digital transformation...When they have this investment budget and they start spending...Iraq is going to be filthy rich with revenue streams from the electronic borders, agriculture, tourism... mining, sulfur, phosphates...they're going to have revenue like no other. There isn't anything else like it, in my lifetime, that I can see is going to trump Iraq... Don't forget...Iraq has a massive amount of hydrogen for clean energy...nobody else is talking about it...The amount of money and revenue streams Iraq is going to have is almost incomprehensible...It really is intense on how much money these guys are going to make on a regular basis. Pimpy I get it there are people out there telling you it's going to happen overnight because they have an electric payment system. No, no they're not going to change your exchange rate just because of the electronic payment system. The electronic payment system will help influence it once it's up and fully implemented but it has nothing to do with being reinstated. It'll keep increasing in increments just like I said... Jeff Since October of last year [Iraq's Federal elections] they have been setting the economic stage for the rate change... They're done setting the economic stage. They don't have any more economic steps to do. That's why they're finishing the very last step of removing and cleaning up corruption at the second half of the government - The provincial level. Clare Article: "Election Commission: The preliminary results will be announced this evening, and we will conduct a manual count in front of everyone" Frank26 [Franklin Tennessee Bank Story] BANK STORY PERSON: I'm a pastor south of Nashville...yesterday I thought I'm gonna do my due diligence and reach out to some of the banks in my area...The Franklin/Brentwood area south of Nashville is the richest county in the United States...The first bank was a Pinnacle Bank...the oldest bank in Nashville...I talked to the branch manager and she knew nothing...She knew zero about it...I walked over to the Wells Fargo...I said I'm curious if you guys verify and exchange foreign currency her eyes lit up. She said, which currency have you got? I said the Iraqi dinar. She said, sir we do not and the reason we do not is because there have been several times Wells Fargo has got burned by bad currency..[Post 1 of 3] Frank26 [Franklin Tennessee Bank Story continued] I thanked her for her time and I thought ok two strikes let's try Chase which is 50 yards away. I walk into Chase in Franklin, Tennessee, asked for the branch manager...I said sir do you do anything with foreign currency? He said yes we do. He said which currency have you got. I said the Iraqi dinar. He said absolutely yes. He was very excited about it. We were standing right there in the middle of the lobby and he didn't try to hold back his facial expression, language or anything. He said, yes, we would love to do business with you. FRANK: Did he say anything else like yeah, we know or we're in preparation, we're getting ready? Bank Story Man: I said, how are you aware of that. He said, we've been waiting for this to transpire..[Post 2 of 3] Frank26 [Franklin Tennessee Bank Story continued] I said, depending on the amount dinar our group brings in to you, can you work with us on the transaction fee or even eliminate it? He said sorry sir we are not...The way Chase has got it established...they have it baked in. That was his exact words, baked in transaction fee into the rate...He can't change it. I said so no matter what outlet...location or the amount of dinar? He said that's right, it will not change. FRANK: What was that fee did he say? BANK STORY MAN: He said around 4%. FRANK: Wow, I've always said a fair rate is anything like 1%, 2% or 3%. I guess they decided to go one more percent. That's a lot of money. BANK STORY MAN: He said I also I want you to be aware of something. He said when you come in to do your exchange, he said realize we can only do $5,000 increments at a time. [Post 3 of 3]] Yada ...I look at the scheduled Budget release that will fund the contacts, tariffs on imports and exports, and infrastructure spending. So much so that a program rate will not be enough and a new rate is anticipated. Wolverine “I received a call on Sat. 16 Dec. from a very high source. All I can say is that Christmas is coming and we are going to have a very good Christmas.