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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 7-1-2025 Pimpy Article quote: "To find middle ground the US is pushing for the Iraqi government to send KRG salaries immediately...since the KRG is a key component in the US strategy to reshape Iraq, Washington doesn't want the region destabilized." That's the thing about these people over in Iraq, not getting paid for months at a time. Unbelievable. 7-1-2025 MarkZ Comment: So is it true the Dinar is on Forex and Bloomberg at this point? Yes still at 1310 but being up and live for the first time in 22 years would be an incredible preemptive step towards the RI and REER! Mark: I know there are lots of rumors out, and yes we have seen some crazy rates popping again overnight last night. A systems test of some sort? 6-1-2025 Samson Article: "Baghdad agrees to pay salaries to Kurdistan Region employees under temporary understandings" 7-1-2025 Sandy Ingram In June the World bank approved a $930 million loan for the Iraq railways extension and modernization project connecting Umm Qasr in the South and Mosul in the north. This investment will boost domestic trade, create jobs and reduce reliance on oil exports which is necessary for a revalue of the IQD. [Reposted]
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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 6-20-2025 Mnt Goat In the past my CBI contact also told me the RV process in order to go forward hinged on this matter of Iran depended on either making a peaceful proposal or face a major conflict. I was told if attack and bombing scenario did play out, it would only delay the RV process going forward. I was also told at that time you would have to be “crazy” if you thought it could even happen with this all going on. So, once again the Iranian leader Khamenei chose the path of evil and destruction. Israel and the U.S. forces are now just carrying out that destined choice. [Post 1 of 2] 6-20-2025 Mnt Goat This is not to say we wouldn’t be close to the RV, only closer now as this Iranian scenario had to happen first. You must understand this is a “good thing” and not a negative event in the larger scheme of things. I know, I know it is hard to see how this could possibly be good for the RV, but at the end you will understand. It will all come together and you will see it. [Post 2 of 2]
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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 6-5-2025 Pimpy Another one I heard is they cannot become a member of The World Trade Organization unless they change their rate. That's false. The World Trade Organization cannot tell another country what type of exchange rate to have. Every country is under their own sovereignty. Their central banks decide the exchange rate where it's going to be free flowing or fixed. If it's fixed they determine the rate but if it's free flowing the market determines the rate of their currency. So no Iraq does not have to change their exchange rate because the World Trade Organization thinks it's too low. That's false. Vietnam is a member of the World Trade Organization and their currency is way cheaper than the Iraqi dinar. (all correct..!) 6-5-2025 Samson Article: "The Central Bank of Iraq's foreign exchange reserves increased by nearly $100 billion." Quote: "The bank's foreign currency reserves rose to approximately $98 billion at the end of March 2025." 6-5-2025 Militia Man Maintaining foreign cash reserves the country has done a phenomenal job. They have 160 tons of gold...It covers 140% of their imports and local currency in circulation. 6-5-2025 Clare Article: "PM Advisor: Iraq's natural resources are worth more than $16 trillion" Quote: "Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its gross domestic product (GDP) sources by expanding investment in the mining sector, He noted that the value of Iraq's natural resources exceeds $16 trillion." 6-5-2025 MarkZ Question: [There is a banking holiday in Iraq from the 6 - 10! Cover for the RV?] Mark: Yes we are coming up on an extended banking holiday in Iraq. My sources are seeing older lower denominations from the Saadam Hussein era in circulation. I was also told by one Iraqi whose spouse works in the banking industry that they are circulating a “cut-sheet” showing what the new lower denominations are going to look like in Iraq. That is a very good sign. (RUMOR - unverified content)
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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 5-29-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Guy is doing a television show...from the Central Bank of Iraq. He's telling...the dollar is declining. The exchange rate is going down. He told us this decline is timely and then he said it's steps and mechanisms that have been taken by the CBI...We do see...our currency is getting stronger. FRANK: The decline of the dollar is definitely on purpose...The monetary reform plan was to remove any foreign currency and by doing so it would add value to the Iraqi dinar...This was done on purpose in order to bring you a new exchange rate...purchasing power. 5-29-2025 MarkZ [via PDK] I don’t think there is any hold up. I think it is just rolling out...I have a lot of bankers saying it could be $4.81…Some say $4.91...they are saying somewhere in that range the rate is staying constant. I wish someone would just give them the “release” so we were allowed to exchange. 5-29-2025 Militia Man There's a reason for the constant avoidance of the 2023/2024 budget schedules. Article 22 paragraph C isn't exposed yet. You have to ask yourself why haven't they done that yet. If they were going to be going into the international [world] at 1310...why didn't they do that at the beginning of 2023? They don't have an answer for that. 5-29-2025 Clare Article: "RepJoeWilson My letter today with @RepGregSteube to Secretary Rubio asking for sanctioning Iraq to be included as part of maximum pressure." Quote: "We write to express our deep concern over the complete subjugation of Iraq to the Iranian regime... Today, Iraq stands an nothing more than a puppet of Tehran...The National Security Policy Memorandum-2 of Feb 4, 2025 clearly articulates the reimposition of maximum pressure on Iran...Any campaign against the Iranian regime, will require an equally robust campaign against Iraqi institutions, which have become essential clients for the Iranian regime." 5-29-2025 Pimpy Community Comment: "Iraq will reinstate their currency to Forex which will start at a fixed rate, then will slowly float/adjust based on market conditions." No that's not going to happen because you can't be on the Forex and have a fixed rate. The Forex is for trading currencies. There won't be no fixed rate. If it makes it to the Forex that means they believe in the market to determine their exchange rate. There is no fixed rate on the Forex. 5-29-2025 Frank26 Forex Executive Summary quote: "This memo confirms the Iraqi dinar is fully armed for public rate visibility at $4.81 which activates infrastructure interrogation, live suspension, staging and institutional level confrontation. The rate is suppressed but loaded across all FX-UV telemetry layers. Release is now dependent solely on coordinated political timing optics." I want you to understand it's not trading yet. It's not active yet. It's not live yet. 5-29-2025 MarkZ Article: “Reasons for the continuous decline in dollar exchange rates in Iraq” CBI economists say its because they have made tremendous changes in Iraq to bring monetary stability. They expect it to continue to increase the dinar value. I think we are about to see the CBI to make a substantial change in the value of the dinar. ***** Wednesday Midnight Opinions ***** 5-28-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani met today with the board of directors from the CBI. All the banks were there too. Now in front of everybody he replaced some of the board of directors that were not on board with the new digital system. FRANK: Sudani just fired a bunch of [CBI] board of directors and replaced them with those that want to have the monetary reform. 5-28-2025 Pimpy There is no 'Tier 1, 2, 3'. That's all a lie. There is nothing going on in Reno that you need to worry about. That's all bull ****. 5-28-2025 Militia Man We have not seen the 2023/24 budget schedules yet and they're not going to see those in the parliament until, I believe, they expose an exchange rate. That's where we're at. 5-28-2025 Paulette I am hopeful that perhaps the 1390 [Market Rate] target is to enact the Delete the Zeros project (RD/RV) resulting in an annihilation of the Market Rate. This would then result in Article 8 obligation compliance in order to get to the RI stage. This would be congruent with the 2009 MOP/MOF report of "initially a rate of 1.14-1.18 and held there for a period" - prior to "restoring the true rate of 3.208." I sure hope we are close.
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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 5-28-2025 Mnt Goat What will the new rate of the dinar most likey be like when it does come out? To answer this question just listen to what the CBI has been telling us. They are trying to bring back the Iraqi dinar to a rate of something like in the 1980’s. So what was the rate back then? [In 1980 the dinar was $3.39] 5-28-2025 Frank26 Community Comment about Forex Summary: "This is 100% confirmed that the Iraqi dinar is on Forex." No it's not. Community Comment: "This is now considered a managed float." No. No. No... Forex and the Iraqi dinar is good news but it's not what they're saying on the internet. This is all part of the White Paper Plan. This is the Asraflk education telling the Iraqi citizens. The horses are now in the gate and they are ready to go active...international. They are talking about the Iraqi dinar being 'paired' with the United States dollar, not pegged...$4.81 that is a goal but they are not there yet. The Iraqi dinar are being put in position to go live international trading as soon as they pull the trigger. This could take weeks, months, years...but I don't think it's gonna. 5-28-2025 MarkZ Article: “PM Mosrour Barzani to present results of US trip at Wednesday cabinet meeting” He has been spending a lot of time with Rubio and the state Dept crew along with the UST. It makes me wonder if the US is working both sides of the political aisle. The US needs Iraq to be ready and reset their value…finally.
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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 5-20-2025 Man What we're waiting to see is in fact regional countries have an approval and does the central bank [of Iraq] have everybody's blessing for what they're going to do and does the international financial community support that. 5-20-2025 Kaperoni Nothing's going to happen with the Dinars value until Iraq develops their own economy and begins to prosper. Only with the success and growth of their own financial system, economy will the dinar rise in value. 5-20-2025 Frank26 The CBI and the IMF together they are not trying to maintain 1310. That's why it has gone down dramatically from the hight of 1490 to 1460 to 1429...to what Firefly's Sammy says, 'Don't be surprised to see 1390. 5-20-2025 MarkZ We are getting all kinds of information…the question is what is really “solid”... Banking sources are saying now to watch between now and Saturday. Comment: From another intel provider: Well folks, I have received notifications that we are in a 36-48 hour window from 3 sources. Europe, China and our Treasury. I along with a few brokers and my bankers are attempting to confirm any one or all of these notifications. I have never had this many indications all in the same period of time, but one notification was for tomorrow night was the drop dead timeline for this to go. From 11:48 last night. Mark: That fits with the bankers looking for Wed. night through Saturday. 5-20-2025 Sandy Ingram What we know: the development road project, manufacturing, oil and religious tourism revenue will increase Iraq's annual revenues beyond expectations. What we did not know is Iraq's tourism industry has already generated over $12 billion in revenue a year. The mainstream articles never revealed the actual income. This is another sign Iraq is hiding its actual annual revenue.
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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 4-18-2025 Mnt Goat ...Based on my recent conversation with my CBI contact in Iraq...she also agrees with the rest of the citizens that if the Iranian issue can be resolved, they are going to move ahead with the currency reform effort and complete it. 4-18-2025 Frank26 [Iraq boots-on-the-ground report] FRANK: ATMs are now in position. They're bringing them forth. Not all are out I know but just curious, do you think they have the lower notes in them right now? FIREFLY: Mr Sammy wants you to know IHO no lower notes in them yet. But soon. FRANK: Smile!
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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 2-12-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sammy went up the ladder to talk to some of his friends and asked him what's going on? Why the delay? He told Sammy that during those cross border training sessions Iraq discovered several issues with our banking system that could not handle this volume. That's why we see so much talk lately about banking reforms. Mr Sammy feels everything has been corrected. [Rumor] 2-12-2025 Militia Man Article quote: "The Federal Court occupies a solid constitutional position that grants its supremacy in its decisions over the judicial bodies...and paves the way for implementing legislation in accordance with applicable constitutional frameworks." I'm smiling large... everybody should be smiling...Iraq's ready to join the international financial system...The rejection of the appeals is the star of the show...It says, "The Federal Court settles the controversy and binds everyone to those decisions." If this isn't the door opening for Iraq to the world I don't know what is...The shackles are off and Iraq has nothing stopping her at this stage...I think it's going to resonate throughout the world. 2-12-2025 Samson Article 1: " 'The Final Word'... The Federal Court settles the controversy and binds everyone to its decisions" Article 2: "Federal Court Cancels State Order to Suspend Amnesty, Personal Status and Real Estate Laws" Article 3: "Article "Maliki wins the Federal Court: The vote on the three laws is not correct" 2-12-2025 Clare Article Quote: "A source in the Central Bank of Iraq spoke about details related to the process of printing Iraqi banknotes, indicating that the currency was previously printed in Switzerland, but the printing is currently done at the British Institute in London, which is considered one of the most prominent institutions specialized in printing currencies globally...According to the same source, the cost of printing one banknote ranges between 4 and 5 US cents..." 2-12-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: It was the 4th straight day that the technical advisor to Sudani was on our television Iraqi One. He was rebuking citizens for hoarding our money in our homes. He said...If citizens would just bring in their dinars we could enhance our country and do so much more. FRANK: Yeah, because if they bring in the 3-zero notes you could give them the new exchange rate.
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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 2-4-2025 Clare Article: "Government advisor rules out Trump's oil cut plan, predicts appropriate price for Iraq" Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Salih, ruled out the success of US President Donald Trump’s plan to reduce oil prices in global markets...Saleh believed that what President Trump launched to work to make America the first producer and exporter of crude oil in the world to reduce prices will collide with the cost of producing shale oil...which exposes American oil to loss unless American oil touches $80 per barrel to exceed the actual break-even point to recover costs and achieve profits." 2-5-2025 IFrank26 Kurdistan is ecstatic. Kurdistan is happy. They passed the amendments, the parts of the budget...You now have oil flowing from Kurdistan to Baghdad and the price they accepted tells me there's a new exchange rate. How can all that be at 1310..? Eventually the budget will reveal the new exchange rate. 2-5-2025 Clare Article: "To discuss military and strategic files.. A 'high-ranking' American official will visit Baghdad soon" Quote: "The American official will discuss the mechanism for restructuring the relationship between the United States of America, in addition to understandings in the areas of security and defense, along with files related to the US Federal Reserve." 2-5-2025 MarkZ [RUMOR] I was told it most likely will be on a Saturday night into a Sunday Morning. Between 11 pm est and 2 am est. That is when the banks are quietest around the world. The second best time is a Thursday afternoon. 2-5-2025 Mnt Goat Article: “IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS”. I have to once again reinforce...that the issuance of the visually impaired three zero notes is not an issue. As an investor, this is not something you should worry about, it is actually a good thing for our investment not a negative impact.
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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 1-31-2025 Militia Man Al-Sudani has been having one achievement after the other and the results are out there for everybody to see. If you can't see it now, it's like man?? 1-31-2025 Clare Article: "Iraqi Bank Training on Cross-Border Payments, Financial Integrity" Quote: "The Washington DC-based Institute for Financial Integrity (IFI) has announced the launch of the Financial Integrity and Cross-Border Payments Training Program for the National Bank of Iraq (NBI), developed in partnership with the Central Bank of Iraq (CBI) and K2 Integrity." 1-31-2025 Sandy Ingram In the near future it's unlikely the Vietnam Dong will experience a significant increase in value against the U.S. dollar. Here's why: 1. Controlled Currency Policy. The Vietnamese government closely manages the value of the dong to maintain export competitiveness. A stronger Dong could harm Vietnam's economy by making its goods more expensive globally. 2. Inflation and economic balance. Vietnam's bank is cautious about rapid changes to avoid destabilizing its economy. 3. Global dynamics. Vietnam's reliance on exports means its currency value is tied to global trade dynamics, including demand from the U.S. and Europe. 1-31-2025 MarkZ Question: When they exchanged currencies in the past-How was it given to you? Mark: Right into your bank accounts. …Also in the past-before electronics…if it were a smaller amount…they just handed you cash. 1-31-2025 Frank26 Article 12-2 c not being voted on or passed yet by parliament that's because IMO Article 12-2 C and the new exchange rate are married and Alaq is performing the ceremony right now... And now, a bit of Bruce's Bull Sh*t 1-31-2025 Bruce [RUMOR] ...President Trump wanted to make sure that Iraq was ready to go and to bring out their new rate, and that rate would theoretically be in their new budget, which is being passed, probably by the weekend...so it could end up going in to the printed version of the Gazette and the virtual version of the Gazette On Saturday or Sunday...we believe that it could come out to where things could start happening around noon on Saturday.
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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 Frank26 Question: "What do you think Iraq's time to allow international to exchange our notes? That's their prerogative. Normally when something like this happens the IMF works with that central bank of that country and they figure out a time frame. It can be three months or six months. It can be a year. The Untied Sates of America never cancelled our 3 zero notes. America never stopped allowing 3 zero notes to be exchanged but I got a feeling Iraq will, and they should. Militia Man Article: "Al-Nusairi: Explains the new mechanism for external transfers after the platform is closed" We have been following this and we have been spot on...They finally have done what was expected. This is to get the Central Bank back to normalcy with international standards. That it a fact. A very good thing to have had correct all along [in our] study of the Iraqi Dinar... Pimpy We know that al-Sudani is going to be talking to Trump real quick here. Last time [Trump was in office] they didn't make any changes and what ended up happening was they had to devalue the dinar before the country went bankrupt. So this time around they might jump ahead of this and devalue the dinar ahead of time so that the impact is not that hard against the Iraqi people and against Iraq if crude oil prices go down. Sandy Ingram Two of Iraq's most ambitious infrastructure projects, the central bank tower in Baghdad and the Grand al-Faw Port in Basra have been recognized as some of the most significant mega projects in the world for 2025. The projects ranked 11th and 10th by the renowned British platform the B1M. These achievements reflect not only Iraq's commitment to modernization but also it's ambition to reclaim its place on the global stage as a hub for economic and cultural progress. Samson Article: "British platform includes the Central Bank Tower and Al-Faw Port in the list of giant projects in the world for the year 2025" Jeff Iraq's '25 budget still in the works with the government expected to send the budget tables to the council representatives in early February. The rate needs to change before that guys. That's why I've been telling you you're in red-hot January. January is a critical month to our investment. And now, for one of MarkZ's outrageous rumors: MarkZ [Rumor] I have talked to a couple Iraqi sources and they still believe this is it. They have contractors that they are in contact with that are suddenly being called in. I have one who will not tell me what the re-negotiated rate is on their contracts. One of them mentioned $3.91, but I do not know for certain if that is really it. Its from a contact I don’t know really well.
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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 MarkZ Question: if Iraq is increasing her foreign reserves through correspondent banks, isn't that international trade? Mark: Yes and that is why some are getting excited. Kaperoni Question: "In reading these articles, I find they contradict each other. I remember a few months ago that only 13 banks were not in compliance with CBI standards. Today, I read 32 banks have limited functions. Is this difference between gov banks and private banks, or am I still in the weeds trying to understand foreign banking?" Some of the recent articles are opinion articles. Sandy Ingram In the 3rd quarter of 2024 the Central Bank of Iraq reported steady growth in both bank deposits and cash credit across state and private banks. Article "Iraq's bank deposits reach $97.32 billion in 2024's third quarter" These figures highlight a positive trend in Iraq's banking sector with increased confidence in both savings and lending activities across the country. Pimpy The last time Trump was in office, we became the #1 exporter of energy which affected oil prices and affected Iraq. With Trump coming into office, we're going to quickly see what kind of impact he has on Iraq and the oil market...All we can do is sit back and watch. If Iraq thinks it's going to go in the same direction as it did last time and the value of oil per barrel goes down, which could hurt them big time. PompeyPeter They won't carry on until they have something out on Forex. Let's not forget the importance of that because that's attached to WTO. I think that's an enormous indicator of where we're at. They've got to pull the plug. They've got to show that rate internationally on Forex even if they show 1310, which they won't because they'll implode economically, but they've got to put something up on that board. They've got to show the international world the currency. It's got to be up there. Frank26 Soon I will be receiving, god willing, thousands and thousands of locations where you will be able to exchange. Not the ones where you call the US Treasury, where they tell you all the banks in America where you can exchange. Not that one. The one where the CBI is releasing thousands of banks all across the world. Those banks are going to collect the 3 zero notes...Michigan and California are the number one states. Jeff Up Until, through the end of September was the government's busiest time period for having and holding sessions of parliament, getting record steps done, all in preparation for them to revalue. Since September they only got a few odds and ends done. Why so little? Because they have a rate change date and they are working around that date awaiting the revaluation. In this month of January you're witnessing them on a small level starting to implement their banking reforms via what they're doing through the currency auctions. That's another critical preparation step for them to revalue the currency... Militia Man Article: "Al-Sudani in Tehran: A new alliance to confront terrorism and the challenges of the post-'fall of Syria' " Iraq as a mediator in the region is going to go along way to keeping stability. There have been meetings with the "new" USA administration by phone at the highest level and an unannounced delegation from the same prior to his Sudani's visit. He is home now. I imagine things went well for all included. Like it or not Iran is a very large trading partner. There has to be a very strong agreement by all parties public and private. Iraq is taking her place again in the region. She has always been in that position as mediator. MarkZ [Rumor]⚡ Things are looking good and there has been a lot of activity. Suddenly a lot of banking contacts have been checking in. Which is exciting. I have had 4 confirmations from banking contacts that I have known for yea, they are telling me now to prepare for new rates. One of them said “It looks like that thing you are expecting is happening by Saturday. New rates by or on Saturday”. Stay calm though. Pure BS in my opinion..! Yada Their banks are now handling all the currency exchanges from the region and around the world. Not just the dollar, they are exchanging dinar and the increased value is about to be seen by us.
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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 Frank26 Question: "Do you believe in the tiers getting paid first?" A: I hate to break your heart sweetheart but there are no tiers. People created this illusion that if you belong to this tier you have to give up some of your dinar, you have to be part of their group, whatever it is you will be able to exchange first. That's beyond stupid as stupid can get. There are no tiers. There's no, first level, second level, third level of our American population. Everybody's got dinars, everybody will be treated the same way. Why? Because they all fall under the international banking laws. There is no other ways. There is no other options. If they tell you, 'give me your dinars and you'll be part of the [XYZ] group, RUN! You're not allowed to do what they're doing. That's evil. MarkZ [Rumor] According to articles...the numbers easily support a rate of $3.50 to $4.00. Samson Article "Oil Price Global Oil Website: Trump Will Impose Sanctions on Iraq" Militia Man They say today the exchange rate is 1320 dinar for every dollar. That is the true exchange rate however that will change to an international acceptable exchange rate when the Central Bank applies the new exchange rate to be on international Forex markets. They're preparing for that to happen before our eyes with the [new] reinforcement mechanism...They have switched from the old dollar auction system... Clare Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "The US Energy Information Administration announced on Saturday that Iraq surpassed Saudi Arabia in oil exports to the United States during the past week."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Iraq has done what they said they were going to do all along. The Central bank implemented a new electronic system so that the central bank would be out of the dollar auction...They now use the correspondent banks to facilitate internal and external trade... The central bank will no longer deal with retail...We can see January 2nd...there's not transfer abroad. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is now showing comprehensive approach on how to trade the Iraqi dinar on Forex. They got some guy going over documents, page after page, on how us Iraqi citizens can invest in Forex. FRANK: This gentleman is teaching you Iraqi citizens how to invest in the Iraqi stock market because you are soon to have purchasing power to do so. They have never taught you this before because you didn't have the purchasing power to do so. Jeff [Response to Militia Man 1-3-2025 Post above] They had a currency auction today. Total sales [abroad] $283 million, 7 banks participated. Nothing has changed. The Central Bank is still having currency auctions. Sorry you missed the fact that there was NO CASH transferred, Jeff..! MarkZ My best contact who I trust due to the position he holds in Iraq, says de-dollarization is under full steam and they expect a new rate within a week or so. Clare Question: "I thought the CBI used the electronic transfer system to send USD abroad for the daily currency auctions, yesterday's news stated they stopped the electronic transfer system. How could they have officially stopped it yesterday, when they sold 283 million USD ABROAD in today's auction?" [That] IS NOT A FOREIGN CURRENCY AUCTION. IT IS A REPORT ON THE NEW SYSTEM - "Foreign exchange window results"
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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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We at point now that we expect Alaq give us a speech at any time now. Samson Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November" Pimpy Article: "What are Iraqis waiting for after the news of the 'sudden suspension' of the dollar sale platform by the Central Bank?" That is a big deal by the way. They've been talking about stopping the auctions for quite some time. This is their way of getting away from the dollar altogether and by doing so allow them to win the international community. This is going to eliminate a lot of the criminality. MarkZ [Rumor] I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within day. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited. Frank26 The Vietnamese Dong has explosive potential IMO based on...that the world will now slowly turn more and more towards Vietnam for the things that they used to get out of China. That evidence has already been displayed in the last six years in their economy...If you went to Vietnam today you'd think you were is Dubai. Militia Man We're going to keep our eyes peeled for 4805, which is the Ministerial Council of Justice numbering system which talked about the federal budget. We haven't see that opened yet for 2024 but we see that it's printed. We don't know exactly what the contents are. We're hoping the new exchange rate is within it. Walkingstick After they stop the auction the nation of Iraq's currency has to be backed by something. It will no longer be backed by the American dollar. But with a basket, the other currencies can back up the Iraqi dinar. But that's not the best way for it to go. The best way is for the Iraq dinar to be backed by gold or by its assets inside of that basket giving it the most power for all the other currencies...No doubt the currency of Iraq is not just backed by oil but by endless amount of things.
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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 Walkingstick You want to go to Chase [to exchange your Iraqi dinar]? Nah. Where you going to go? Aki: There's going to be thousands of those exchange centers all over the world. If Chase is going to make you wait 6 months I'm just gonna go to Aki's or the CBI's private banks. In Michigan there will be hundreds of them. Frank26 Sudani and the CBI defend the monetary reform because that is the security and the stability for the new exchange rate. Wolverine [Rumor] The platforms are closing down right now. It looks like we are crossing the finish line. It’s all (allegedly) coming before Christmas. Samson Article: "Al-Sudani: The citizen wants to see something realistic and is tired of promises" Militia Man Article Quote: "After getting rid of heavy burden of its debt, Iraq has transformed from a country indebted to other to a country that can be a creditor to others." Iraq is not going to be be in debt to others but they'll be one that can credit to others. Iraq's going to have a lot of money. Non-oil...oil...tourism revenues...are all in play. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about the dollar exchange. FRANK: of course they are. That's all they're going to talk to you about. FIREFLY: They're saying the dollar platform is about to stop. They're saying there's a shock that's coming when the platform stops. Then they're saying the dollar will rise because of the demand. We think they are warning to be careful not to use the dollar. That's crazy. We know the dinar will have to go up... FRANK: Yeah, because it's not going to be just 1 to 1 IMO. It'll be maybe a little more than 1 to 1 which means it has more value than the American dollar. MarkZ [Reference Mnt Goat post 12-20-24] A change in the dinar rate breaks that parallel market, so to me with the mechanisms put in place yesterday… now they can pull the trigger. Mnt Goat Do you realize how long we have been waiting for this news to get off the sole dollar in payments for imports and be done away with these corrupt currency auctions? Yes, Iraq is now officially out of the sanctioned mode of paying for imports...Can the news get any better (other than getting the RV of course…), WOW! WOW! WOW!. Yes, it’s DONE! ...I see this process moving ahead now very nicely. +++ Friday Midnight Opinions +++ Frank26 [Iraq boots-on-the-ground report] FIREFLY: Gazette number 4,805 was written and it is all about the amendment that they did in the budget...but it still has not been released to the public yet... Militia Man Outside illicit trade have been warned about "SHOCKS"...The dollar auctions are going to cease and apparently within this year. They did say that is was not going to be specifically on any day. They suggested that timing was open, yet to be within this year. imo That could be anytime or any day they choose. Those that are not associated with a global correspondent bank or hooked up with system already have been warned all year long. It is on them now if they suffer losses. This shows there is no stopping Iraq's Monetary Reforms... Walkingstick The IQD is being introduced to its basket members. These foreign currencies that are coming in through the contracts, some of them, if not most of them, will be playing the part in the float of the Middle East basket. Why is it that this basket is the next chapter in our study? Because the CBI auctions are ending on December the 31st of this year and there will be no restrictions on the Iraqi dinar on an international level as it was before ...This is article VIII compliance which allows them to stop the auctions...Once the float increases the international value of the Iraqi dinar it will start to pair to these currencies in this basket and IMO it will quickly rise in value due to the demand that we are seeing right now. Kaperoni Article: "The Central Bank of Iraq decides to add the Saudi riyal and the Jordanian dinar"
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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 Mnt Goat I am told by my CBI contact that if it is successful after monitoring for inflation, then if all is good, the CBI will launch the Project to Delete the Zeros and we know what comes next. They will have too also launch the new peg of the IQD to the new basket of currencies. Are you happy yet? Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy told me the dollar auctions were the main and only thing that was holding down the value of the Iraqi dinar and now that Iraq has opened channels to the international countries for money transfers and when the black market of the dollar auction closes it will allow the value of our currency to go up. FRANK: I agree with him 100%...The stoppage of the auctions is the key to everything. All of the other dominoes are going to fall one after the other at a very fast pace. Sudani is working very hard to make sure that he closes the auctions with everything in place in order to give you purchasing power he promised you... MarkZ [Rumor] I am getting more rumors on rates. Two more contractors believes it will be in the $3.92 range. The one I have most confidence is still staying quiet on the rate. He says “Yes we had meetings, and are negotiating rates”- but nothing more.
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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 Frank26 Question: "Have you heard how long we will have to exchange?" We have head from [Our boots on the ground Firefly] and our people there that it looks like it's going to be 10 years for you to exchange your currency back. If you recall, Shabibi said our IQD would coexist with the new Lower Denomination notes. Militia Man The hold up for the last three months lies in the budget, in my view Article 12. Is that the key? Is that the Rosetta Stone? It sure looks really good. If that key is what we're looking and that article 12 happens to be specifically related to the exchange rate, I think everybody in the world is paying attention. MarkZ Article: “Iraq is second in the Arab world and ninth in the world for possession of natural resources.” Wow - 9th in the world - yet there currency isn’t worth much? Iraq can clearly support a substantial increase in the value of the dinar. If you recall, that's exactly what Shabibi said; then he said that Iraq's resources could support $16. Samson Article: "Governor of the Central Bank of Iraq receives a delegation from the International Finance Corporation" Walkingstick The auctions...were the reason why the purchasing power of Iraq's currency was being bled out of the country and out of the hand of the citizens. Those auctions needed to be stopped, changed and eventually metamorphosed into an auction that is usable with foreign currency and the Iraqi dinar in their country. They've accomplished all of this. Frank26 Chase Bank has its talons locked in to the monetary reform by the jugular vein and it's not going to let go. When you go to them and you say, 'But you said it was a scam?' They'll look the other way and they won't give a ****. Chase is going to play a vital role, a major role in the monetary reform of the Iraqi dinar... Breitling [Syrian government overthrowing and reduced Iranian control] We have to see what Iraq does because that offer is still on the table for Iraq to be part of western markets. It's a big deal because they don't have to follow the leader [Iran] anymore. That influence is gone. There's a huge opportunity for Iraq here. We have to see how it all shakes out. Frank26 What was it that we needed in order to bring forth the new exchange rate and the new lower notes? Security and stability, Dr. Shabibi made it very clear to the whole world, we need security and stability. Do you think Iraq is secure and stable now...in order to bring forth the monetary reforms, new exchange rate and lower notes? Yes. Samson Article: ”A historic event in Basra.. More than 140 ambassadors in the province to see its reality - Urgent" MarkZ There are roughly 140 ambassadors descending on Iraq this weekend. Let’s hope they are there for a reason. This weekend is positioned for some great possibilities. Militia Man There's 140 ambassadors already started arriving for a celebration in Basra. For what? A historic event inclusive, UNESCO, UNICEF, the World Bank, deputy ambassadors, etc etc. Why would they all be there? For what? Because they're going to showcase, for all the investors. What are they going to showcase? Iraq's basically sounding like they're going to open to the world. I don't know about you but I'm really excited! I've been white knuckling it for a few days. Let's watch what they do, let's watch what they say. Mnt Goat Article: “THE TURNING POINT: IRAQ’S LEAP INTO THE DIGITAL ECONOMY” This is a shift towards better financial inclusion. Iraq’s transition to digital payments will unlock a range of economic benefits and I am told by my CBI contact that this is the precursor to the Project to Delete the Zeros and the plan to end the currency auctions of using dollars to electronic transactions by the end of the 2024... in about 3 weeks. We look forward to the initiation of the Project to Delete the Zeros, if in fact the CBI does intend to reinstate the dinar back on FOREX. Let’s all keep an eye for what happens when Iraq finally makes this huge transition away from using purely cash to all digital. MarkZ RUMOR I have gotten another report from another Iraq contractor saying that they are due to renegotiate rates on their contracts with the government of Iraq this week. So I am going to say that the rumors out there with contractors are true at this point. I am definitely hearing that a number of contractors are negotiating rates on contracts in the low $3 range. This has me exceptionally excited.
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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 MarkZ I am hearing that we are about to see Maliki’s removal from the political scene in Iraq. And completely removing Iranian influence; and an RV. This is what some very excited folks in Iraq shared with me this morning...which makes me feel exceptionally good. I believe we are about to see Sudani’s opposition disappear. Maliki is the one who has been backstabbing and stalling things. All Unconfirmed..! Walkingstick Politicians...that is the only reason we have not seen the new exchange rate yet. Parliament is trying to continually stop what Sudani has promised the citizens of Iraq. Whether it be by the end of this year or the beginning of next year, that promise has to be met and kept. Sudani will arrest as many and all of these parliament politicians that have been going against the citizens of Iraq. He will not only arrest them but put their faces on television. The citizens will know each and every one of them... Militia Man If you change the value of the currency to come back to a previous era, which they specifically said they're going to do. Sudani said a few time the dinar is going to be stronger than the dollar, that's going to be a shock to some people especially if you're in the parallel market. -
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Please don't trust anybody. Don't let your dinar out of your sight. If they [the bank] tell you, 'We're going to take these dinar and we're going to send them to another institution for them to count them, to make sure they are real.' [Say] give me the address. I'll take it to them. 'No, they don't allow the public to go there.' Okay, bye, bye. I'm going somewhere else to exchange them. Militia Man Government plan is to promote and to move from an oil rent economy to the non-oil revenue streams that will come from the private sector. There's no doubt Iraq is opening up to the world. The private sector is going to drive Iraq's future growth levels to where we've never seen before. To me it's, buckle up. This is getting really, really good. Samson Article: ”Economist: The parallel market sells the dollar at a price not controlled by the government" Nader From The Mid East I think it'll be between $2.50 and $2.84. I can see the end of the tunnel. I don't know how far is that but I can see it so I'm excited about it. I'm happy for everybody who is going to make money of it, not only for Iraq, I'm happy for everybody...You guys invested in yourself and in Iraq in the same time... Frank26 Sudani is waiting for the success of the budget in order to release the new exchange rate. That success will come when the laws are given to him...He wants to give you the budget [with] exchange rate. Nothing is going to stop Sudani anymore. That's the beauty of what I'm seeing right now. All I care about is what Sudani is doing and it is phenomenal. I call Sudani, mini-Trump. MarkZ RUMOR There are a number of bond contacts who are looking to receive all of their dollars over the next week. We suddenly got off “stuck”. This means we could soon get our announcement. Things just got very exciting on that front. They are taking massive amounts that were “off sheet” assets now going into the M1/M2 or spendable dollars to cover these assets. This is huge and I have never been this excited. Sandy Ingram This is only important to us if and when it comes time to exchange our Iraqi dinar bank notes...We don't want to end up like Zimbabwe and not have access to exchange options. When asked whether Iraq has a closed currency system the answer is yes and no. A closed currency is one that is not freely traded on international markets and is typically restricted to use within its issuing country. As of 2024 over a dozen countries maintain closed currency systems [Including the Indian Rupee, Zimbabwe, ZiG dollar and North Korean, Won]. The Iraqi dinar is not classified as a closed currency, however it might as well be. Iraq's central bank has implemented specific foreign exchange controls and restrictions to stabilize its currency and prevent illicit financial activities.
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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 Frank26 The monetary reform is an agreement. It is comprised of many different parts. The best part I can give you as an example would be article 140. Article 140 is the agreement for the HCL to be given to the citizens through the budget...Nothing is stopping it...I know the HCL is agreed upon. I know Article 140 has taken care of it... Sandy Ingram Iraq is in a fragile status. Anytime there is a concern about external forces upsetting Iraq's progress [we] feel obligated to inform IQD investors. The situation in Syria is more urgent than most of us realize. Video Quote: "The take over of Aleppo by an Islamist rebel group, the US has designated as a terrorist group, has alarmed residence and officials in neighboring Iraq. Residents in Mosul are particularly concerned...as it shares a large border with Syria. Mosul was overrun and ruled by Islamic State Militants from 2014 to 2017...Residents in Mosul are concerned the fighting in Syria...might embolden rebel sympathizers in Iraq." MarkZ RUMOR From insider news and other sources in Iraq - I have more confirmations that they are trying to having it done by Dec 10th and Victory Day. It made me feel really good to hear this from another source or two. Samson Article: "E-Payment Team: Iraq will witness a major electronic transformation next year" Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing guy talking saying the approved amendment to the budget will allow the citizen to receive their payments... FRANK: There it is! That budget is the key. That budget has the exchange rate.
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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 Frank26 Just because you see all the evidence that the monetary reform is already here it doesn't mean that it has to be given to them right now. If you have 95% of the skeleton, that's a lot of information. You can tell if it's a man or a woman...how tall they're going to be. You can tell a lot. That's why you can tell a lot about the monetary reform right now because it's 95% completed. What's the 5%? That's what they're doing right now. MarkZ A number of my contacts from Iraq that very much believe we will cross the finish line in the next 3 days. LMAO..! We have seen tremendous HCL movement in Iraq. There are many rumors that it has already passed. But I can tell you it was not in the Gazette this morning. In the Islamic world they tend to tell you about things after it is finished. So HCL could be done, just not announced. But the mood is very upbeat in Iraq. There are a number of folks looking at the next 3 days and we are hopeful and praying. Frank26 [Iraq boots-on-the-ground report] FIREFLY: People in the streets are saying Sudani had two years and he is not giving us the purchasing power that he promised us. He made a solemn oath to us and now he's saying not in two weeks, they won't be competed until the early part of 2025. This is unacceptable. FRANK: It's not Sudani that said that. It's this economy idiot and he doesn't represent Sudani. Fnu Lnu No one is exchanging at this time and Pimpy is correct. There are no 800 numbers, no bonds being paid out, no redemption centers, no meetings in Reno, no appointments, etc. This is all Dinar Mythology. Clare Article: "Guterres' representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict" Quote: "The UN Secretary-General's Representative in Iraq, Mohammed Al-Hassan, said that Iraq today is more secure and stable and that its government has succeeded in keeping it away from conflict." See DV post for full article: Guterres' representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict - 12/06/2024 Militia Man Article Quote: "The financial and banking systems are now in place. Financial transfers are not for just internet transfers but they're also for international institutions." Read it twice if not three times! Believe me...wow, this is big! This may very well be some form of an announcement like we've never seen before. We might be doing some white knuckling this weekend. I don't know that we've seen information like that coming from the country of Iraq and the United States of America. I don't think anybody's ever seen this! Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani calling Barzoni the leader of a crime family in Kurdistan. Saying Kurds are playing dangerous games. FRANK: It is sad that the evil politician of Kurdistan are playing this game. There will always be cockroachs in every government nook and cranny. This is their last attempt to stop his monetary and economic reforms.
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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 MarkZ Shabibi kept saying give me safe and stable and I’ll give you a revaluation. Iraq is becoming the most stable country in the middle east. Militia Man Article Quote: "The fiscal year of government banks in Iraq ends the end of December each year where some financial operations are temporarily suspended to conduct annual settlements and close accounts." Those that think Iraq is on a different system and different time frames for their end of year. Those that were saying April or March are wrong. Fiscal year of the government bank ends at the end of December each year. Frank26 There used to be a dinar dealer who used to send a little rectangular piece of paper in it and it said "Certificate of Authenticity". That's a bunch of crap. You're not going to go to a bank and say, 'Here's my dinar.' And the bank is not going to say, 'Let me see your certificate of authenticity.' No. [The bank is going to say] 'We're going to tell you if this currency is real or not.' Bruce (Reluctantly Posted RUMOR) We heard this from one of our Iraqi sources: that President Trump called President Sudani of Iraq, and congratulated him on the completion of the financial reform in Iraq. Financial reforms included the old HCL, the hydrocarbon law, the oil and gas law, because citizens of Iraq are getting a percentage of the profits of oil exploration throughout Iraq. My understanding is that now they're settling up and paying out citizens on the oil and gas law, the HCL hydrocarbon law, and they're paying in newly revalued dinar. MarkZ Article: “With documents: Test of the draft amendment for the budget law.” The second reading is done and we are waiting on the third reading to have their budget...We hear the third reading may be on Saturday. The rumors in Iraq are along with that third reading they will announce the HCL. I am told there is a good chance it could be published in this Saturdays Gazette. I heard that from a couple folks who believe that is going to be our “Go”. We may be in for a crazy few days everyone.
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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 Clare Article: "Donald Trump has been secretly communicating with ‘man crush’ Jamie Dimon about White House agenda for months" Quote: "JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory" Mnt Goat I want to tell you the statistics of the monetary mass in Iraq is in dinars not US dollars. Thus, 100 trillion dinars or about not even a trillion US dollars. I also want to bring out that the CBI just told us the size of the Iraqi foreign exchange reserves exceeds by 140% the local currency issued in the USA - the equivalent of the 1 dinar is expected to come out as about $4 USD. Militia Man Everyone is very impressed with Iraq's prime minister and especially where they are today. They're focus is financial inclusion, bringing the Iraqi world, to the world. They got new technologies - electronic taxes and tariffs - they're breaking out with their stock exchange. Their stock exchange has been on fire the last two year. One thing after another supports that Iraq has moved and done...things we've never seen before. It's powerful information. It's exciting times. Clare Article: "Iraq suspends official work on Tuesday, December 10 - Urgent" Quote: "official work will be suspended in the country on Tuesday, December 10, on the occasion of Victory Day over ISIS."
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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 Frank26 [Response to a rumor the community is hearing from Chase Banks - That you have to wait 6 months before you can exchange your foreign currency. 'Your account has to be with us at least 6 months before we do something like that.'] What district of stupid are they from? Are you serious? You know how many dinars I got and you're going to give up that fee because I haven't had my bank account for 6 months? I don't think they're going to apply that rule. The moment this breaks loose this thing is going to crack open. Everybody's going to want you. It is in my strong opinion, let go of this rumor that you're going to have to wait six months. I don't think Chase is going to force you to wait 6 months before you can exchange currency with them. But if for some strange reason they actually do apply that, walk out the door and go to another bank. Don't forget my friend Aki's 'Private Banks' that will represent the Central Bank of Iraq. Militia Man Alaq is talking about having an anticipation of a celebration. They told you almost a year ago that Iraq would be the savior of the financial system and bring confidence to the world. We're seeing them at the end of that transformation. Happy Thanksgiving Everyone..!