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  1. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man The transition away from the dollar is underway. Now there's room for a new exchange rate to come because they're going to finally [pass] this Oil and Gas Law at some point, the distribution of allocations for the 2023 budget, investment projects are all going to need the same thing...I think it's going to be the exchange rate, the newest one, the Article VIII compliant one. They're focusing in on this... Pimpy Article: "An Iraqi delegation will go to Turkey tomorrow to discuss the possibility of opening correspondent accounts for Iraqi banks" They are going there to iron out what they need to do for this currency swap...this is a continuation of what we've been talking about for a couple weeks now. Turkey is one of the countries Iraq will be holding their currency and Turkey will be holding Iraqi dinar. The currency swap. This is good. Tishwash Article: "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023" Quote: "We expect that the new year will witness a significant decline in dollar prices with the rise in the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year."
  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 Pimpy To say it's never going to happen, is false. It can happen. But is it going to happen because they pass the three-year budget and they need the exchange rate to increase in order to do all the things they wanted to do? No. Is it going to increase because a hydro-carbon law has been singed...? No. Is it going to increase because it's impossible for them to get into the World Trade Organization with the current exchange rate that they have? No...Stay grounded. Let's watch how Iraq progresses. It's not going to happen overnight... Militia Man There's things happening as we speak - one thing after another. I can't imagine anybody being discouraged at this time because of the nature of what's happening. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying private banks and exchange companies are expressing the preparation in reducing the exchange rate. FRANK: Oooo, snap! Samson Article: "The Ministry of Transport intends to open direct airlines towards Australia, America and Malaysia" Sandy Ingram Wealthy Iraqis move to the Caribbean. Guess who's on the list? ...The leader of the Kurdistan region and the former governor of the Central Bank of Iraq and other businessmen suspected of corruption...Iraq's politician are monitored by the organized Crime and Corruption Report Project (OCCRP)...This is part of the effort to catch individual involved in corruption....The project reported the purchase of Dominica (tiny Caribbean island) citizenship...enabling them to travel worldwide without a Visa...This country's visa is magical. Citizens can travel to 144 countries without a visa..[Post 1 of 2] Sandy Ingram The country has no tax on foreign income, capital gains, inheritance, stock profits, wealth or gifts...The former Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, obtained Dominica citizenship in 2017 along with his wife and two children and did not renounce it upon his appointment as governor of the CBI which was clear violation of article 18 paragraph 4 of the Iraqi Constitution. He held the position of governor of the Central Bank of Iraq from September 2020 until his removal by the current prime minister on January 23, 2023...There are corruption questions...a legal complaint... has been filed due to the loss and depletion of millions of dollars regarding forged import documents..[Post 2 of 2] Clare Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month" Quote: "Al-Alaq said in a press interview that “the Iraqi Central Bank will hold a meeting with the US Treasury and the Federal Reserve early next month in Dubai, noting that “radical steps will be taken within the framework of reorganizing trade on the right foundations,” noting that the electronic platform will be completed early next year.” Pimpy If you are being forced to rely on the US dollar that strengthens the US dollar. Think supply and demand. If the US keeps going around forcing these countries to have a dual currency and to take the US dollar, people will rather have the US dollars. They believe those dollars to be stronger but as people start to de-dollarize and get away from using the US dollars and start using their currencies that strengthens their currency and weakens the US dollar... Militia Man Article: "Ministry of Transport intends to open direct airlines towards Australia, America, Malaysia" It's not just about a few regional countries. It's about many different places. Once you start opening up the airports all the investors can gain access to the country to take charge of their investment, produce their businesses. It's a really big thing to have an international airport full...they have their capacity...what they're using today is at 100% and they're not even international yet...
  3. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ The Chatter in Iraq is extremely awesome right now... I am hearing today that they are educating folks and spreading lower denominations ...brand new lower denominations. They are more prominent in the Kurdish region now is what I heard. A number of ministers have said that the ”parallel market” will be fixed in the coming days. How are they going to fix that? A revaluation. Kaperoni A significant increase in the value of the dinar at or equal to its face value with 90 trillion dinar in circulation would, in essence, be six times the value of the entire countries wealth...This is why I have stated numerous times that if and when the dinar ever was to go up in value, it would have to go up gradually over time so that the dinar money supply could be reduced. But that only could occur if Iraq's economy began to significantly prosper. Clare Article: "Central Bank: There is no scarcity of dinar stocks and the monetary supply exceeds 100 trillion" Quote: “the size of the monetary mass or the exported currency amounts to more than 100 trillion dinars, 70 percent of which is in circulation.” Frank26 JP Morgan Chase is now actively involved with the Iraqi dinar. They may doubt it half the time but the other half they guide you. The Chief Executive Office of Chase Mr. Diamond released a document last month saying his bank is now supporting the Iraqi dinar 100% and he's building Chase Banks in Iraq. The employees of Chase do not know what's going on in order to protect the corporation that will soon be exchanging the Iraqi dinar in America... MarkZ There is so much happening…..Its shaking out to be an interesting few days. Article: “Iraq Financial Delegation heads to Ankara to discuss trade with Turkey” this is more Iraq coming on the International scene. They continue to function as if they are already a member of the World Trade Organization. They are busy making regional alliances. Militia Man The banks now have liquidity with all the currency swaps that we've seen that are completed...We've got all the meetings with all the different countries on currency swap. These currency swaps are phenomenal because...they're going to be clearing the Iraqi dinar with Article VIII compliant currencies... Nader From The Mid East Great news this morning...They start them leaving the country to discuss the exchange rates between countries. They're going to start with Turkey... Article "Delegation will head to Ankara Turkey tomorrow Monday to discuss regulating trade exchange between Iraq and Turkey" Pimpy There was a content creator who absolutely misinterpreted an article we need to clarify the mistakes that were made so people don't panic... Article "We are not thinking of returning the dollar to its previous price and the problem began under Saddam - Central Bank" When they say return it to the precious price, for some reason the individual thought that meant returning to the $3.22 rate. That's not what they're talking about. Nowhere in the article does it say the $3.22 rate. It just says return it to its previous price...that might mean the one before this one. That would be 1450 dinar. (or 1170) He's talking about they're not going to devalue the Iraq dinar. MarkZ In Iraq: Article: “Change of business dealings- Iraq replaced dollar with currencies to stabilize the dinar.” In other words “De-Dollarization” They want to be totally dollar free by Jan. 1st. All part of creating a basket of currencies that will help support the dinar. Something to measure against other than the dollar...
  4. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Article: "The highest among the Gulf countries.. The Arab Monetary Fund expects the Iraqi economy to grow by 4.5%" There is likely no doubt that Iraq is about to have massive growth going forward. To be the highest just now among all middle eastern countries is going to be a big deal. I suspect the ISX is going to be on fire this next year even more so than ever before..
  5. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man ...A new exchange rate...will likely be coming quickly now. The salaries will need it, the budget spending for projects will need it, getting into the international global financial system will require it. Frank26 Our time is coming to an end in my strong opinion. I'm excited about the fact that 2024 is around the corner. Pimpy There's people out there making the claim that if you all put your dinars together then you can get a better rate. That's not true. You're not gonna get a better rate. There's a rate for everybody. There is no 'getting together'. And they're sending their serial numbers on their dinars to these people. What you don't understand is these people are counterfeiting the dinars and they're using your serial numbers. Don't be sending your serial numbers into people. Don't fall for any of that crap. Walkingstick It's all about the accounting in order to make the exchange rate easier to transition for the accounting. It's all about...the numbers...once they are done with the accounting, once the rate is at 1000 to 1 stand by. Frank26 Article: "The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”. THE SOLUTION IS NOT A PROGRAM RATE! Militia Man Article: "The dollar exchange rates are subject to the forces of supply and demand in the market" By adding other currencies from around the world they're going do diminish the need for the dollar and therefore it's basically going to go away...these guys are not playing games anymore...The US Treasury, Central Bank of Iraq, US Federal Reserve they are all working towards going one direction and that's to enhance the Global Financial System... Samson Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month" Clare Article: "The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed...Friday, that the dollar battle is nearing its end" X Tweet: "The reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq aim to build strong foundations for the stability of the economy and pave the way for creating a suitable climate for investment, and end the eras of illegal trade, dollar smuggling, and speculative operations in market. In short, the battle for the dollar is nearing its end." Pimpy Why is it that countries were willing to exchange more Iraqi dinar for US dollars? There's a black market out there. It isn't just the citizens that are taking advantage of it...There are countries that one way or another...get their hand on Iraqi dinar and then they swap them on the black market for US dollars. Yes, they are sacrificing more Iraqi dinar than what the official rate is but to them it's worth it...Iran has agreed to be paid in Iraqi dinars from Iraq to counter depreciation or the real. They then exchange Iraqi dinar for US dollars on the black market. Iran is one of a few countries under sanctions that do this...
  6. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man They're saying it's done. I really like that. I think you guys should be happy about it because if all the currency swaps are taken care of...I think it's a precursor to an exchange rate change in the future. Nader From The Mid East It has to revalue. If you talk about the assets and how much Iraq has...Look at Kuwait doesn't have anything. No agriculture. They have a little bit of tourism. When Kuwait hits your mind? Almost never. Here's the thing though, Iraq is more richer than Kuwait. It's 100x, 1000x richer than Kuwait. Of course because it's bigger than Kuwait... When you hear the head of state saying the dinar is stronger than the dollar you got to believe him. It is stronger. Pimpy [Response to Nader above] What I'm about to talk about proves Iraq has potential to be much much richer than Kuwait and could have much more valuable currency than a Kuwait dinar... Nader is stating Iraq is 100, no, 1000 times richer than Kuwait. I've done a side-by-side comprising...What makes Kuwait such a rich nation, Iraq absolutely has a lot more. But what's keeping Iraq behind is the following - ...Nader is right, when it comes to oil. Iraq has so much more than Kuwait does and Kuwait relies on their export of oil to make their country rich. The difference between Kuwait and Iraq is Kuwait has other things bringing money into their country besides oil. [Post 1 of 2] Pimpy They have things they can fall back on...GDP per capita...according to World Bank data Kuwait had a GDP per capita of approximately $29,000 in 2019 while Iraq was $5,000...Kuwait does share the wealth with the citizens, Iraq was not doing that. This substantial difference in GDP per capita clearly indicates Kuwait is wealthier on a person basis than Iraq. Even thought that's true it doesn't mean Iraq can't turn around get their crap together because if they did they would easily smash Kuwait...Once the Iraqi people are becoming prosperous as well you're going see Iraq pass up Kuwait as far as being a rich nation...Kuwait's got their act together. We need Iraq to do the same thing. [Post 2 of 2] Militia Man Article: "With the participation of 120 companies...the launch of the Iraq International Building, Construction and Infrastructure Exhibition" This...being launched in Baghdad for the next few days is not surprising at all on the back of all the WTO meetings...since Oct 31st regarding Iraq's accession to the organization. The 2023-2024-2025 budget is about investment primarily into infrastructure. It takes a lot of capital to build a country back...It will take massive amounts. It is far too expensive with 1310 exchange rate. An internationally accepted REER will likely make it far cheaper. Clare Article: "US approval to increase the dollar balances of 10 Iraqi banks" Quote: "The source explained that this agreement came in light of the recent meetings held by the Central Bank of Iraq with the American side, which resulted in an increase in the number of banks that can directly enhance their dollar balance to 10 banks, 5 of which are through Citibank, and the other five are through JP Morgan Bank." Pimpy I started thinking about something. Right now Iraq is mostly importing. This is a time when a country would want to increase their exchange rate. This gives them more purchasing power. But that's not what is happening over there in Iraq...I was wondering why don't they just increase the exchange rate? This would give them more purchasing power and would help them as far as dealing with the deficit because if your exchange rate if higher then you have more purchasing power...Increase in the value of the Iraqi dinar means the imports that they pay for would be cheaper because they would have purchasing power... Militia Man What's the exchange rate crisis? It's been at 1310 since the early part of 2023. They devalued to 1460 then they adjusted it by 10%. What's not good about that? What did it prove? That adjustment the World Bank was talking about of 10.3% is actually a positive sign because what did it do? It staved off inflation...There's some positive aspects to some of these things...Revaluations happen. They need to be tested.
  7. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 The Iraqi dinar is now going to enter a basket in a float and that's why the CBI has been talking...about the basket and coins... All they talk about is the exchange rate of the Iraqi dinar, about the black market going away and the only way that all of this can happen is if we have a new exchange rate and a new currency to match it. They are preparing [Iraqi citizens]. This is the monetary reform at its highest point... MarkZ Article: “Iraqi Prime Minister orders a reform of the Iraqi banking sector” He goes on to address exchange rates. Quote: “Iraqi financial expert predicts decline in dollar exchange rate.” He expects the dinar to continue to gain strength against the US dollar. “BRICS: Iraq to ditch US dollar for imported goods” They are looking to start their own “free trade zone” for selling local goods in their own currency. With a steep discount for the goods. So by using the dinar they get a better deal on these products. This is part of de-dollarization.
  8. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Iraq is rocking and rolling on infrastructure. This is going provide a lot of jobs. This is going to start really opening up the economy for Iraq...Things are starting to rock and roll, let's hope nothing spoils it... Frank26 Question: "If you just have a small amount of dinars would you just go to the bank manager [to exchange]?" Yeah. You got a small amount... 100,000, quarter of a million whatever, yeah, go up to the teller and have them take care of you. They won't take care of you at the counter, they'll move you over. That's why they're building these cubicles all over the place. Sandy Ingram The reason countries have foreign reserves is to make sure that a country has backup funds if its national currency rapidly devalues or becomes entirely worthless. It's common practice for central banks of different countries around the world to hold large amounts of reserves of foreign exchange. Most of these reserves are held in US dollars since it is the most traded currency in the world...The amount of monies a country holds in its reserves has a lot to do with the county's currency rate...Iraq has the largest foreign currency reserves in its' history... Jeff The reason why there's no news coming out of Iraq is because Iraq is done with everything. They finished everything needed to revalue. They're ready to revalue but they can't and they're not going revalue immediately because they have to clean up corruption. Article: "Al-Halbousi faces 4 criminal charges after the end of his presidency" Boom!... Halabousi is going to be facing 4 criminal charges. Pimpy Article: "Iraqi banks begin straightening their accounts in UAE dirhams next week" There you go next week they start a different currency swap. This one is now going to be with the UAE. They're currently working on India as well...This is...necessary for them to do business with one another...These currency swaps can start happening but in order for us to see any real results it's going to take at least the rest of the year for this thing to get ironed out and implemented...The end of the first quarter of 2024...we'll start to see some results. Samson Article: "Source: Iraqi banks will begin strengthening their accounts in UAE dirhams next week" Frank26 [Call the bank experiment results] Of about 300 people...half of them told me Mr. Frank, they said it's a scam. And the other half told me, Mr Frank, they told me everything and more...The experiment worked. I didn't give you a phone number for a bank...I gave you an 800 number for Chase Financial call center...Of nearly 300 phone calls we were able to find a pattern...the names of these operators. We found the operators that were negative...Yet there were these other operators that were...educated or maybe students of the Iraqi dinar said, oh, yes you need to talk to our Wealth Management Department let me transfer you over there right away...The experiment was a success! [See yesterday's Spain Bank Story Below 11-18-2023]
  9. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 11-19-2023 Newshound Guru Militia Man The Bank of International Settlements is the central banks of all central banks. They move markets. Commercial traders fear central banks because of the amount of money they have to be able to throw at markets. The Bank of International Settlements talked with language I've never heard before in my 30 years of trading. When central banks have to be very very careful on how they say things because what they say will move markets. People can lose and make money. Article "The Arab Monetary Fund of the International Settlements organized a meeting...on Wednesday and Tuesday November 15th 16th of 2023" This article did not come out until the 16th. The 15th they never mentioned it...Why not tell you in advance they're having a meeting...? [Post 1 of 2] Militia Man Quote: "the meeting comes under highly complex economic conditions...discussing a number of aspects related to the role of monetary policy in facing risks resulted from the repercussions of possible macroeconomic shocks..." In other words, something is going to happen and they're telling the largest entities in the world that they're facing risks resulting from repercussions of possible macroeconomic shocks. In other words if something happens in a small country, something else could happen in a big country...If the bank of International Settlements is telling this to other central banks who does business with other central banks, those that need to know this information just got told something's up. [Post 2 of 2] MarkZ In Iraq: Article: “Iraq joins EBRD, becoming the 74th shareholder announces foreign ministry” This is the European bank for Reconstructions and Development. This is a major worldwide organization and bank. They are not doing this for some third world country. Iraq applied to be a member in 2018. But, they waited until now to bring them on board. Does this tell you anything? I believe it tells us we are about to see a currency change. If they are joining an international organization they are going to need an international currency.
  10. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Community comment "We don't have to pay taxes on dinar exchange." Stop that nonsense...how dumb is that. Where in history of the United States of America have you seen our government say you don't have to pay any tax on any of that? They'll chase you until Hades to get the taxes they think you owe them. Don't deceive yourself. Don't be that way. That's part of proper stewardship. You're going to pay taxes and pay them... [NOTE: Consult your tax professionals at the appropriate time to determinate proper tax for your unique circumstances] Militia Man They need to have an exchange rate for the HCL. That's what I see. That's my opinion. Jeff In order for the 2023 budget to be implemented Iraq needed to have publicly posted in the Gazette the budget operating instructions. They never did that. That step never happened...Iraq has not implemented its '23 budget that's why they have to resort to financing salaries and have done so since July...If they had an active budget they would not need to finance. Walkingstick Sudani told the Iraqi citizens your currency will soon be the strongest currency in the world not just the Middle East. Pimpy Without a doubt these last few months for Iraq have seemed very good. They're heading in the right direction. They're doing all the things necessary to be accepted back into the International community. Little by little they're gaining back privileges that they didn't have before. Before long they'll have their own sovereignty. We know they are currently working on the ascension into the World Trade Organization. We know now their banks are able to do international foreign exchange transfers into the bank and other countries are doing currency swaps with them. The good news doesn't end there... MarkZ The big news...is Article: “Parliament convenes Special Session as alliance nominates three successor candidates to Al-Halibousi” The overwhelming agreement is that Halibousi has been a major roadblock especially on the 3 paragraphs of the HCL…the Kurds and Baghdad. So they removed Al Halibousi who was wildly considered to be a roadblock and kept us from getting across the finish line with the HCL law. From my sources I feel very confident that he was the roadblock. It is very encouraging that he was removed and is being replaced. They continue to tell me they want this done by Dec. 1st. Let’s pray and hope this is accurate. Frank26 [Spain Bank Story] As you know I live in Spain. Last Friday I went to the Bank of Spain branch in Barcelona. It's the Central Bank of Spain. There are only two branches in our country...I showed the man at the counter a 50K dinar bill. The man looked at me and told me they couldn't change that bill there...but he told me the two banks that will 100% be involved in exchanging this currency is Banco Santander and BBVA. They are the two largest banks here in Spain. They know everything. He even explained to me the process on how to do the exchange. He spent time with me, the amount of cash that I could legally withdraw etc. etc. He knew what bill it was and where it was from. Here they are paying attention to what is going on, what is going to happen in a very short time. They're not playing no games in Spain...The banks know about everything. Clare Article: "Private banks and exchange companies express their preparations to reduce the exchange rate" Quote: "Private banks and exchange companies are showing great preparations, collectively and in coordination, to reduce the price of the dollar” Militia Man "Federal Reserve Bank, German Central Bank, Central Bank of Italy, Central Bank of Spain, People's Bank of China...Kuwait Finance House, Riad Bank, Saudi Arabia, First Abu Dhabi Bank and other leading banks will also attend...the output of these meetings is the publication of...working papers...and how to respond to economic shocks..." What they're telling us is something's coming...This is the Bank of International Settlements saying we're going to have a document...for how to respond to economic shock in countries...They're warning them they're going to do something. It's fascinating. Frank26 Once you see the HCL IMO within nanoseconds afterwards you will see the new exchange rate... Mnt Goat Wednesday intel call to my contact at the CBI: I was told there was a TV media output broadcast that told the citizens the official rate of the dinar would be over $1 in the coming days. They used the PM Al-Sudani in a speech like format to explain most of it...This is part of the education process. So, it did begin...I was told that the process of the revaluation is now in motion and they expect to begin issuing the newer lower denominations to the banks in exchange for the larger 3 zero notes...when they do distribute the lower denominations to the public for circulation, they will start at the airports first...they are only going to use dinars exclusively as of January 1st, 2024 in Iraq. This is also why they needed and allowed to let the banks now hold other foreign currencies besides dollars..[Post 1 of 2] Mnt Goat ...Iraq is just moving now to standard protocol in money exchanging. This is such fantastic news. As of January 2024 there will be no more program rate...There will be no more dollars taken by any merchant in Iraq...But what is the timing of the switchover, I asked? First let me say it is not going to be a sudden switchover all at once, as many of us anticipated. I was told it would be more gradual and has already begun. So, there is no turning back...Based on this latest conversation with my CBI contact, it could be said that they might be planning to RV prior to January...I will tell you I have never received such good information before..[Post 2 of 2] MarkZ We certainly expect it to go by Dec 1st. The latest chatter I am getting from Iraqi sources is the last 3 paragraphs of the HCL have been 100% completed. And the World Trade Organization Iraq ascension is expected within days. They are feeling very confident with their Dec 1st goal. A number of my sources are still saying before Thanksgiving. It looks really good. Frank26 You want to know the exchange rate of the BRICS because maybe, maybe the Iraqi dinar will be 1 to 1 with a basket of BRICS. Maybe...one clue. It's an RI not and RV. Pimpy The thing that's disgusting about the Vietnam dong is it appears they are comfortable and content with leaving the rate low...
  11. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Bruce [NOTE: the ISO 200 2022 allows for all currencies to be exchanged - And to be trading, to take place using multiple currencies as payments for trade international trade.] ...the ISO 200 2022...is to be fully implemented...and fully activated ...by midnight, Sunday night...We could probably expect the Iraqi dinars international rates to be out in that time window...and we're hearing supposed to be printed in the Gazette... Saturday is their normal print day...HCL law is also supposed to be mentioned they brought up printed in the Gazette to...So that should be in there as well...I think it's really important to understand – this thing is good to go – and ready to go and should go...So let’s just see what happens... Sandy Ingram Article: "Good News for Investors: US Treasury Continues to Omit Vietnam Currency Off Currency Manipulator's List" Vietnam was not included on the US Treasury Department currency manipulators list this time. The list comes out twice a year and includes countries that may have surpassed the value of their currency. When a country does this it cheats investors on potential profits...Iraq is rebuilding after the war so is not yet subject to currency manipulation lists... Walkingstick IOO of our teams the new exchange rate of the Iraqi dinar this year is a fact... MarkZ Comment: Chase Bank wealth management sent me a lengthy email that they would like to manage my wealth. Funny thing is I only have about 2 thousand dollars in my account. Mark: They know what’s coming. It is a regular conversation with many bank employees now. Pimpy It's a tug-of-war for you to find that sweet spot when it comes to currency exchanges. Right now I believe the Iraqi dinar is way too low, It's too cheap. Iraq is starting to get get back on track. If they're going to start doing trade with other countries they're going to need a stronger Iraqi dinar... Frank26 Question: "Has anything changed in regards to Iraq satellite banks exchanging dinars for US citizens?" No. They will follow American banking laws. They won't do anything different than any American bank is doing in American territory. Militia Man Bank of International Settlements ....when the Central Bank of all central banks starts talking the world starts to listen ... Quote: "One of the outputs of the meeting is the preparation and publication of...workings papers on the latest...monetary policy challenges and how to respond to economic shocks in the countries represented at the meeting." All these banks....have been told there's going to be challenges ...When you raise the value of currencies...there's going to be consequences ...There's gong to be some good and bad but they're telling you, We're doing something and you need to be prepared... Samson Article: "The Arab Monetary Fund and the Bank for International Settlements organize the fifth meeting of the Monetary Policy Working Group in the Arab Countries" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking to us all day about the government taking measures to address the exchange rate and the parallel market but they can't change the rate. They say only the CBI. What's going on? Why don't the CBI help? FRANK: Calm down, calm down...As far as parliament saying whatever they are saying...who cares. Their voice is an echo in the abyss of darkness. Mnt Goat It seemed my contact in the CBI was bragging about the final steps and paperwork for the full membership of Iraq to the World Trade Organization (WTO) and to look for the official announcement this week or sometime next week. But it is completed. I asked if Iraq needs an international rate of the dinar in order for full membership. I was told and I quote from my source – “Iraq needed a tradable international currency”. I asked if this means liberated back on FOREX trading and was told YES! So, We are VERY close! These two events are converging (WTO and Reinstatement). MarkZ Article: “Baghdad reveals new economic package to further de-dollarize trade” Of course the goal is to strengthen the dinar. This one is from the Express Tribune “Unshackling the Iraq Dinar” Talking about how Iraq has a plan to unshackle themselves from US dealings…and is aligning themselves with BRICS and new emerging global commodities. Part of that process is strengthening the dinar…removing the 3 zeros…(not a lop). These are great…They are coming from main stream worldwide news sources and are talking about exactly what we are expecting. The Strengthening of the dinar…de-dollarization...and return of commodities backing their money.
  12. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: A lot of contracts are being announced left and right. Hundreds and hundreds of them. It is impossible to be signing at a program rate... FRANK: Do you honestly believe it's being done at a program rate? Absolutely not. These are the tale tell signs of the monetary reform and it's also part of your education. Mnt Goat Article: "THE HIGHEST CURRENCY RESERVE IN THE HISTORY OF IRAQ" Quote: "We hold the highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun November 14, 2023 Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history...stressing that this agreement constitutes the beginning of price stability in the exchange market."
  13. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ I got a confirmation from a source that is not one of mine. They were told there were 3 paragraphs they were addressing on the HCL between Erbil , the Kurds and Baghdad …and RV would occur as soon as its finished. I was always told when HCL was 100% done and official…we would get the new rate…I had heard this from one of my sources... but was glad to hear it confirmed from another. So that feels good …Just 3 paragraphs to work through on the HCL…I thought this was great news. Frank26 [Bank Story] I called JP Morgan Chase corporation office and I was told when the Iraqi dinar is reinstated... FRANK: What?? Chase told you this?! Bank Story: He said when the IQD is reinstated I am supposed to go to Houston, Texas Chase Bank and they would be able to exchange my currency and set up a private account there for me. I just wanted to share my JP Morgan Chase story with you. This is amazing isn't it? FRANK: Follow up on this don't leave it there. [Post 1 of 2] Frank26 [Bank Story] BANK STORY MAN: I called JP Morgan Chase financial office again just to make sure that it wasn't a fluke and reassuring myself...This time I got a different advisor...Guess what? He told me the same thing...that Iraq was about to reinstate their currency...I wanted to find out in Houston area which JP Morgan Chase Bank would be exchanging the Iraqi dinar...He transferred my call to the JP Morgan Chase bank and a lady by the name of 'Ms Bank Lady' didn't deny anything. I asked her and she suggested that I call back tomorrow and talk to one of the bank agents about setting up an appointment with them to find out how to do my exchange with the bank... FRANK: This is incredible information. I'm so glad you pursued it to the next level. [Post 2 of 2]
  14. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 You see these banks finally admitting the truth about the Iraqi dinar monetary reform. They would never talk about it before because they would lose their licenses. They would lose the opportunity to exchange when a time comes. And that time has come! Pimpy I haven't been this excited about Iraq in a long time. I remember in 2019 they were really striving, making great steps and then everything kind of fell apart and then we had the whole "Rona" thing took place and it just seemed like they could not get their head above water. But this past year, everything is looking pretty good. Militia Man What the WTO and the world want to see is that Iraq is a balanced nation...They need to produce. I'm talking about industry...Development Road Program, the Silk Road Initiative. All of that's coming together and coming into play to be able to prove to the world Iraq is ready to stand on her own two fee and start doing trade and be that additional bread basket to the world... Clare Article: "The Minister of Finance directs the Accounting Department to continue working on Fridays and Saturdays until the end of the current year" Quote: "This came with the aim of accelerating the completion of financing procedures and the approaching end of the fiscal year."
  15. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Kaperoni We found out very quickly many years ago that there would never be an RV of the Iraqi dinar or the term reinstatement. Those are made up terms and will not happen. If this is something new to you to hear it's probably best that you learn it now because there will be no single RV or overnight RV or reinstatement of the Iraqi dinar. The Iraqi dinar is not a lottery ticket...If the dinar is ever going to go up in value it will go up gradually as a result of the success and growth of their own economy... Breitling Iraq right now they simply don't know what to do. That doesn't mean they can't revalue their currency and add value to it tomorrow. The can do it. They can get away with it. They could maintain a rate. But I'm telling you right now what's going on between Israel and Hamas and their watching the response from Iran and Saudi Arabia, they don't know what to do. So they're probably going to be a little bit trigger shy. Am I getting out? Nope... Pimpy We know the beginning of 2024, we heard anyways, we'll see if it actually happens, Iraq is no longer going to use the US dollar in the country. That will lower the demand for US dollars but that still doesn't curve the demand for US dollars that are being smuggled into other countries. It will decrease the demand for US dollars and increase the demand for Iraqi dinars. This is really good.
  16. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man We've heard this about different currencies. Iraq's going to be trading outside the dollar. They're going to be using different currencies...They're going to be on a level playing field...Iraq's been working through an international interconnectivity system the ITC, The World Bank, the Bank of International Settlements, the central banks of the world, the federal Reserve Bank. It isn't just a push the button situation...it's a complex process. Clare Article: "Al-Basri: We have complete information about exchange rate speculators and we arrested 22 accused of corruption" Pimpy All of a sudden all these moves and all this reforming and all these new systems and all this training is starting to make sense don't you think? We've been hearing about the banks getting trained for a long time. We've been hearing about all kinds of different reforms. But now you see why. They're getting ready to finally be free, hopefully get their sovereignty back and be allowed to trade and do business on the international level. This is going to make a world of difference with the Iraqi people as well as their currency... Walkingstick Remember, we started with a MR that led to an RV that leads now today to an RD that will lead to an international float. Now...When it gets to the point of the float, a supply and demand of the Iraqi dinar...will determine which exchange rate of the RV that they cap it at. Frank26 [Dinar Story] JAMES ONE: A gentleman came up, definitely someone that had it all together and in a bit of conversation he told us his job. I don't want to speak of the agency. FRANK: Let's say this is a banking agency that is one of the top three agencies banks need in order to function. JAMES ONE: Very good...This man was former special ops, has retired and is doing a lot of work with a US agency that all banks around the world have to coordinate with. There was some small talk and conversation and then it was what do you know about the Iraqi dinar? He smiled and he said well I know quite a bit about it...it's no secret in the banking world. The Iraqi dinar is about to reinstate. He gave me the rate. You want me to give the rate? FRANK: No. JAMES ONE: He said any day has potential but he said definitely before 2024. He said everything is done and there is a date. Now he didn't say what it was but he was very forthcoming. He said it's no secret. This is about to happen...He was so confident of the rate...I come from a military background too, when someone from the special ops says something you don't question... FRANK: There's no doubting this guy's information...we're presenting it as a rumor but I'm not doubting his rumor. Samson Article: "JP Morgan lends Iraq $257 million to maintain power facilities" Nader From The Mid East Article quote: "The governor of the Central Bank, Al-Alaq failed to control the rise in the dollar exchange rate." Don't panic. Alaq has nothing to do with what's going on. He's not doing a very good job. He's a very good guy, hard worker, doing whatever he can but I think this job is too big for him to handle...I would not be surprised if he got fired. I would not be sad either...He can not handle the job. He should do something else...He's not good at controlling things. He can't control the CBI. It's too big for him...I'm not saying they're going to fire him, maybe not. Maybe he's going to get his **** together and do a better job but don't panic. This has nothing to do with what's going on. Militia Man There's a lot of things that reeking of going international. Article quote: "The Central Bank is making intensive efforts through its discussions with the US Federal Reserve Bank to ease restrictions on Iraqi Banks...as well as developing practical solutions to liberalize the Iraqi currency by opening outlets in most of the countries of the world for dealing." Hello!?! It should be a light bulb everybody! They're talking about going international with what? The Iraqi dinar...they're going to liberalize the dinar. Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States is meeting all day with Iraq on ways to help with the dollar crisis and now JP Morgan has stepped in too. They say JP will...help five Iraqi banks and this is a firm standpoint that will help start an end to the black market issue. We believe it would be the start of also of the float... FRANK: ...They are preparing you to make an announcement on your new category notes. JP Morgan has always said this dinar investment is a scam and now they are 100% behind the dinar monetary reform huh? Why? Because they are about to explode the currency internationally with the CBI. Yada Review from the articles... The PM announced the banks are now able to exchange foreign in country last week. The digital connections have been activated to collect the tariffs and taxes from all border crossings Monday last week. Their stock mark showed a 3000 point drop in dinars this past Sunday. To me, the dollar to dinar value is adjusting to the actual reissued value of the dinar. 10 days or so, 12 countries did currency swaps with Iraq. Contracts that were previously agreed upon are being signed from countries coming into Iraq to do business. TOTAL being one of the largest and along with the infrastructure contracts. All this requiring a new REISSUED rate. IMO, they've gone a far as they can go without not changing the rate... MarkZ Article: “Iraq plans “to neglect the US dollar” and parliament proposes to diversify foreign currency baskets” Iraq will hold foreign currencies so they can do business in and around the middle east without the US. This story is bigger than it appears. It is all about de-dollarization. We know Iraq plans to be de-dollarized by January 1st. So for Iraq to be de-dollarized by January 1st…then their oil profits, etc will no longer be going through the US system that it is going through now…AND, they will need a fully functional, international currency. We have a really good indicator of when this rv has to happen by. It makes logical sense for it to be sooner. This article is fantastic. Militia Man Iraq's going to have a Real Effective Exchange Rate not just a Nominal Effective Exchange Rate and the WTO is going to know about it, so is the UN, so is the United States Treasury, the Bank of International Settlements. Everybody is going to be paying attention to the amount of money that's going to come out of this country... Pimpy There's many factors that help increase the value of the currency but this one move of them start to import foreign exchange, this is a biggie. This opens the doors for everything else... Clare Article: "An Iraqi-American agreement to enhance Iraqi bank balances in dollars, yuan, and Indian rupees" Quote: “In light of the recent meetings of the Central Bank with the American side, the number of banks that can directly strengthen their balance in US dollars has become ten banks, five through Citi Bank, and five other banks other than the first. Through JP Morgan Bank." Sandy Ingram Iraq has the same mattress banking issue as Zimbabwe. Iraq has introduced the POS (Point of Sale) digital currency and is literally taking cash off the table. In addition Iraq will eliminate the US dollar from all public transactions beginning January 1 2024. Iraq is gaining control over its currency. What we as investors must figure out is how can we participate in this money transfer to digital without actually traveling to the Middle East which is nowhere near safe... Militia Man Salaries, oil and gas, what do they need? Salaries need an exchange rate. Oil and gas need an exchange rate. 2023, 24, 25 budget need an exchange rate. All the contracts for housing need an adjustment to the exchange rate to be able to finish those things ...It's fairly cut and dry...what are they looking for? They're looking for the exchange rate...It hasn't all happened yet. Why? Because it's obvious now. We're waiting them four in on that pinpoint. What is it? There's only one item I think is left to do...
  17. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man We don't believe for a second Iraq is going to join the World Trade Organization at 1310 exchange rate. We think it's going to be different. We think the project to delete the zeros is going to be part of the process. Frank26 Question: "Will there be a short time frame that the Iraqi citizens are informed of the rate change and able to benefit before the rest of the world finds out or do you feel we will all know when they know?" We'll all know at the same time...But a dinar is a dinar inside of Iraq. It will not be affected by the external exchange rate as it grows it stays at whatever exchange rate they release it at internally. Will citizens become rich? No, I wouldn't say they're going to be rich but they're going to have a lot more purchasing power... yada ...we are witnessing the process playing out before us. It means the checks and balance were put in place by the stopping of the launding the dollar causing the decline of the use of the dollar in country. The seed was placed in the ground with all the regulations and the growth started and now, it is braking the surface such we will benefit from it...Articles have revealed it will not be in vain and the change over is taking place...NOW! MarkZ In Vietnam: “Lego’s 1Bn factory in southern Vietnam is 26 percent complete” Why is this important? It’s important because international business is looking at Vietnam as secure and stable…. They are employing up to 4 thousand. IMO this is a great one.
  18. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying expected changes in the revenues of the 3 budgets. FRANK: Let's translate that into simple language... - There's a change in the revenue ...the exchange rate...your new national currency to replace the 3 zero notes coming. These words are not used in articles today. These words of communication are about the monetary reform are for you Iraqi citizens not for anyone else. Listen to them carefully. Pimpy Al-Sudani has been doing very good about being neutral, as he should. There's no reason for Iraq to get involved in any of the crap. Just keep moving forward. Focus on your people and you should do good. Get all these projects funded. Follow up on it. Make sure people are not stealing money from you like they did in the past. Maintain relationships with everybody and grow your economy. That in return will grow the Iraq dinar. Walkingstick The CBI, they don't have to convince you or me that they're going to change the rate. They simply have to convey it to the citizens of Iraq. It must be successful with the citizens. It must not fail with the citizens of Iraq or the whole monetary reform will crumble...they are not trying to gain your trust...they are trying to gain the trust of the Iraqi citizens. Militia Man Their goal is to de-dollarize the country. They've been working on this for a long time. Their job is not to specifically say, 'We're going to change the rate on Thursday of next week.' They're not going to do that. They just will not. I think everybody should understand that by now...
  19. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Article: "Iraq raises the interest rate to 7.5%, and the Economic Council is considering increasing the rate" IRAQ RAISES ITS INTEREST RATE... BECAUSE THEY ARE GOING TO RAISE THE VALUE OF THE IQD. Sandy Ingram Article: "Iraq Economy News for 2024, According to the IMF is not Good, Iraq Says Differently" What the IMF is saying is Iraq's economy forecast is leaning towards a negative because countries with currencies pegged to the US dollar, except Iraq's central bank, have followed the US fed's footsteps and adjusting the interest rates accordingly. In other words Iraq did not follow in the footsteps of the Federal Reserve and as a result the IMF sees Iraq's inflation rate at or around 9% in 2024 rather than at 3.5% the the Iraqi minister of planning announced. The 5.5% difference is enough to be concerned about.
  20. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Article: "Al-Kadhimi: The decision to increase the interest rate will activate the banking system inside Iraq" Will increasing interest rates on your account to 7.5% draw people in? Heck yeah it will! If a bank did that in American you would see a lot of people run to it... Quote: "The Central bank's decision...falls within banking reform measures... of prime minister Al-Sudani's directives... The decision...will certainly encourage citizens to deposit in banks which will stimulate financial movement...in addition to... reducing the exchange rate of the dollar against the Iraqi dinar." That's really what the goal is...If this doesn't work there's going to be other measures that need to be taken in order for them to do something about closing that gap between the parallel market and the set rate of 1320 dinar. Samson Article: "The Kurdistan Government announces the adoption of the Iraqi dinar instead of the dollar in customs duties" Frank26 Parliament is the reason why we don't have a new exchange rate, why we don't have the new small category notes released yet. Parliament is demanding...they know what's going on with the American dollar which is extremely hypocritical. It's not even ironic...it's sickening because they want to know what the problem is. Guess what, they are the problem. Mnt Goat The saga about the Iraqi dinar RV only gets better as the months roll on. More and more pieces are put in place for the inevitable revaluation and reinstatement of the dinar. It has become not a matter of “if” these events will occur but “when”. Mark I think this is an important piece….Article: ”Iraq raises interest rates to 7.5% and the economic council is considering raising that rate” This is not the borrowing rate…this is the savings rate. They are paying 7.5 percent to get you to put your money in the bank. This does a couple things…it shores up their economy, stabilizes the consumer (not the government but the people) …So in Iraq they are putting the citizen ahead of the government. It also does something else very important. It streamlines any rate changes. With the money in the banks…they are not as worried about the money changers on the street… This makes it easier to do a re-valuation.
  21. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying within 2 months the dollar exchange rate will stabilize. FRANK26: Remember they're talking about November and December to get it done by January 1st. That's the time period I believe we're going to see a change because that's what they tell the Iraqi citizens...In order to stabilize the dollar exchange rate you're going to increase the value of the Iraqi dinar. MarkZ Comment: In my opinion Iraq will officially join BRICS by Jan 1st. Mark: I agree with you…I think its coming sooner than later. Article: “Iraq ready to join BRICS after banning cash withdrawals in US dollars” This is dated Oct 13th.
  22. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man When they do direct banking to go international it's not going be at a rate like 1310, it's going to be something that's fair, real effective exchange rate, something similar to that...This is good information. It's phenomenal. Central banks' involved, the appropriate ground has been set for the auction window to leave... Samson Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank" MarkZ ...the Iraqi dinar is strengthening and the US dollar is weakening which is what we want to happen. Frank26 This is the CBI Article Quote: "The expectations of the Central Bank and specialist is that the exchange rate will return to a stable state but it requires time which we hope will not be long." Man I have read so many good things my mouth feels like sugar! I feel like I have candy in my mouth, sugar cookies. This is from the CBI. This is them talking about the the exchange rate. They tell you don't believe the bull KaKa from those other guys... Pimpy There is a lot of concern in Iraq about the current exchange rate and I understand why. Remember the currency exchange rate really does hamper with their imports. What you want is more purchasing power... Clare Article: "A new statement by the Iraqi Central Governor regarding the dollar exchange rate" Quote: "Today, Monday (October 16, 2023), the Governor of the Central Bank of Iraq, Ali Al-Alaq, identified several factors affecting the dollar exchange rate, the most important of which is the leakage of the dollar to neighboring countries."
  23. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy There's no numbers on the back screen, there's no 1-800 number, you don't have to do a so-called humanity project. Don't get me wrong I encourage people to do humanity projects if you come out of this with a ton of money. You should give back and I mean that with all my heart but it's not a requirement in order for you to get this money. You don't have to call no 800 numbers, there's no redemption centers, there's no numbers on the back screen. All that is freaking bull ****... Militia Man Al-Sudani said he's keen on BRICS for all you BRICS lovers, but obviously he's not going into BRICS at 1310... Frank26 Question: "Does this [Auctions changing/no USD withdrawals in January] mean it will revalue after the 1st of the year?" First of all it's not a revalue...I have said it over a billion times this is an RI, reinstatement ...So what if you have to wait until January? What is the problem? Kaperoni I think it's important for Iraq to transition to Article VIII because with the help of such a large company [JP Morgan] I don't think Iraq will continue to drag their feet. I think they will make those changes when the conditions are met and JP Morgan will be right there with them. Sandy Ingram Article: "35 million lost every day: Shutdown of Iraq-Turkey oil pipeline has hurt stat and oil companies" In total Iraq lost $7 billion USD. Turkey has officially notified Iraq the oil pipeline is ready to be reopened... Guru Pimpy Question: "Please explain what you mean by dirty float." There are different monetary policies that people could put into place to control their exchange rates. A dirty float is a free float with the government's ability to intervene at any time.
  24. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Sudanese Advisor: 70% of Iraq’s imports are made with BRICS countries" Quote: "Iraq announced its desire to join the BRICS group, as there is an objective basis related to the connections of the Iraqi economy with the markets of the BRICS group itself, as it reflects the current account of the Iraqi balance of payments with the countries of that economic group, which includes the strongest emerging markets in "The world " MarkZ [via PDK] There are a lot of interesting articles on de-dollarization coming out of Iraq. Article: “KRG to collect customs fees in dinar exclusively” This is the Kurdish region in northern Iraq. They have fully jumped on board with the de-dollarization effort. Comment: In Iraq –they took all the dollars out of the ATM’s - dinar only. Mark: Yes…it’s all part of the de-dollarization...I can tell you from my sources they agree…and Kuwait did the same thing before they RV'd. Back then all fees and transaction had to also be paid in Kuwaiti dinar. To me this tells us we are circling around the drain on finishing this thing. Militia Man Article: "...Representative have agreed on the importance of passing this law [HCL] because it guarantees the fair distribution of wealth to all Iraqis..." That's everybody in parliament, that's everybody, so I think there isn't going to be anybody that would miss that vote... So why haven't they done it? They have to value that. That's what we're waiting for to see if they have a new valuation for that based off the new international exchange rate... Frank26 Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank" [Kurdistan Boots on the ground update] SUPERGIRL'S REPORT [From last week] Quote "We are committed to the Central Bank’s decision issued 3 months ago, which prevents banks from granting dollars via ATM machines, and we have observed a commitment from other banks." Mnt Goat Article quote: “We hope that the Central Bank will remain steadfast and independent, stand against pressure and rumors, and continue to implement international standards and prudent measures that will improve and stabilize Iraq’s economy and exchange rate.” Al-Najjar also pointed out...the presence of major corruption within a group of banks and banking companies, which led to smuggle dollars. ...there are elements that do not want the currency reform to be completed since the goose with the golden eggs will end. I assure you it will end and end soon! This corruption will not continue...I know much more of what is going on behind the scenes that I am not telling you and can’t tell you. I know this reinstatement process has to continue to the end and is going to move quickly...
  25. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man There's a lot of movement and evidence to suggest Iraq is going to to international. They pretty much have all the tools they need to do so. We haven't seen any payment internationally for projects. We know the 23, 24 and 25 budget has not been spent yet...It's all very good. Frank26 January 1st, no more USDs [In Iraq]. But that's only the final day of USD removal. It has nothing to do with the monetary reform. Breitling If you don't believe the Iraqi dinar [note count] is artificially inflated then you don't need to be in this investment because you'll never understand it. All kinds of evidence from back in the day when they had less oil, less customers and the value was $2.75, $2.25...range. Now they have more customers and they're pumping out more oil and their currency is at a 1/10 of a penny? You have to understand that. It [the Iraqi dinar note count] is artificially inflated and it's controlled by its money supply - how much dinar is out there.
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