Another Riley chat today 3-31-2010 1:45 PM CSt

[ToddS]

[Riley] They were saying that yes the new money is there

[sunglass] housework ugh* *

[Riley] it's smaller demons - and my first thought was oh great here we go....the taking off the zeros but NO

[Riley] when I asked if I walk in to the bank (as an example) and say here is my 25000 dinar what will I get back - ok y'all this was during my first cup of coffee and thought this day may just turn to crap - right - NO

[Riley] they said "no ma'am" they will give 25000 dinars in a many many little dinars

[Riley] hi y'all - ok I have to keep looking up sorry if I ramble - but I was doing the Iraqi jig...

[Riley] so to me that meant the bunny-ear is not gonna be - would y'all agree?

[sunglass] amickn* *

[amickn] thanks I read that already

[ToddS] Riley you just keep talking and I will keep copying

[jenisamom] Riley i missed something...who did you ask that to?

[luckylucy] Riley YES

[sunglass] iraqi people

[gemini305] Riley 100%

[Riley] The older of the group said to me - ma'am if I go to the store now and buy a shirt and it costs 100,000 dinar, then I can soon go to the store and buy with the smaller dinar and get a shirt for 1000 dinar

[Riley] and still have money left in my shoe

[sunglass] whoa

[sunglass] is this what it sounds like

[Dee-Anna] Thats great news Riley

[Riley] so I asked about the coins not just the smaller dinars and yes they said they are coming soon - I asked them a time frame and they said maybe between two weeks to end of April

[Riley] so if we go back to the shirt story above - I am guessing the value will go up at the same time

[luckylucy] Riley do you know where they are getting their information?

[Riley] I asked them if they would bring the new dinars (lower denomins) in as soon as they see them and they said yes - so as soon as that happens - I will post pictures to showe everyone - (or maybe ToddS can help me with that one)

[Riley] luckylucy Achmed's bank

[amickn] Riley is this at a store or people on the street? sorry missed that part

[Riley] amickn people that live outside the base and come in to work....

[Riley] locals in Northern Iraq

[amickn] Oh ok thanks

[Riley] They are talking on the TV about the trade in or change in - ok so now they did say there will only be short days to this once it happens -

[Riley] so I asked what he meant and he said the people at the bank want the 25000

[john1025] Riley they are talking on rv about the new denominations?

[Riley] ok so great - here I start with another set of questions - because like so many on here - I too have a lot of 25000 - they said they bank wants them and if you want 25000 for 25000 smaller dinars then you have to do it with in the 60 day window if not you may only get 20000 dinar

[EagleEye] Riley thank YOU !!

[audrey williams] Riley what does this all mean ,,,don't want to read anything into it please explain

[Riley] john1025 they do not know what an RV or Reval means - that's not in their vocabulary - so I just allow them the time to explain what they know and even ask me questions.

[Riley] ok I will take pictures - they are going to let me buy some as well - I am looking forward to showing everyone the new dinars

[ToddS] Riley great I am looking forward to seeing them

[Riley] john1025 no from the bank and the talk on the TV about the new money coming out...Iraqi TV - I will check with the interpretor when they return to camp

[luckylucy] Riley what's that bank name again, please I googled achmed but doesn't show as bank.

[Riley] luckylucy* *Achmed is one of the guys names...

[Riley] Central Bank of Iraq

[ToddS] and Adam did mention that the CBI guy had told him of the lower denom's and the trucks

[Riley] Sunglass Yes they are under that

[ToddS] Oli she has said about end of April and she also said Adam has been right on with what he has been telling us

[Riley] ToddS - Adam has been right on....I just wanna know how he knew this stuff months ago......there are some intelligent people on this site ....I think all of you for sharing your knowledge...

[Riley] bagrowp audrey williams - ToddS Sunglass and luckylucy - doesn't this sound like it's gonna go at the same time...

[audrey williams] ToddS ndeed he did

[sunglass] are the people under the impression that they will have a lot more money to spend

[Riley] Sunglass Yes they are under that impression.....

[Linda Bower] Riley just go on. Are you saying they are distributing the low denom bills like 1's 10's 20's?

[Riley] Linda Bower yes -

[audrey williams] Riley just wanted to not jump the gun..are you saying they get new money we get lots money??

[Riley] audrey williams no - to me y'all and again this is just me and the Locals - it apears this is going to happen at the same time...They take in a 25000 and they get 25000 back in small denoms and then one day they go to the store and buy a shirt for 100,000, next day 1000 dinar

[Riley] I have to escort these men around the soldiers living quarters - I truly enjoy it -

[Riley] luckylucy it's very sad living conditions right now - the soldiers are teaching them trades so they can go back and build their villages...

[Riley] Tamshell21 that's their words - they have (maybe) 60 days to take a 25000 and get 25000 dinar back because after that time it may be 25000 in and 20000 out...best way to explain it...so my question or thought on that is....

[Riley] just to pull them out of circulation

[nathan1606] Riley do you know the name of there tv channels

[Riley] RDP_62 that I can't answer - it may be for everyone...

[RDP_62] Riley so the 60 days will be for the locals..in country ?

[Riley] RDP_62 that I can't answer - it may be for everyone...

[Riley] everyone - no need for thanks - you all are welcome - and those of us that are over here will find out what we can....I want to see the new dinars and the coins...

[Riley] luckylucy timely yes - because one of the quiet guys said two days - and the other back handed him....and then spoke Arabic so I have no idea what that was all about...

[Riley] just remember that on the second - I won't see any of them

[bubbie] Riley iyo do you think rv will be done by may

[Riley] bubbie maybe portions of it - there are still steps to take -

[Riley] ok again - any questions y'all can think of - let me know - I will ask and find out what I can -

[john1025] Riley I think Audre Willams is concerned that if the new denominations come out first before the rv then what?

[Riley] john1025 you know - I think (again personal thought only) that it will be hand in hand

[Riley] Ok as far as the election being appealed I am really confused on which paper to read and which news channel to watch because all of the reports are different...

[Riley] last I heard they were not alloweing Maliki to appeal - does this mean that now they are?

Edited March 31, 2010 by ToddS

[MoraMora]

That sounds like an RV here real soon,....Thanks for the info...............

[shannybelle27]

Thank you for all your info riley! It seems to be almost over and everything is definately lining up with what you are saying

this question is for anyone:

I read an article yesterday where maliki was still trying to fight for his position still? Im confused because 1 min they say the results are final no appeals then they say that maliki is trying to make an appeal happen? which one is it?

[JAMMING]

sounds like another star is born to me

[southerngal]

Riley, it is so generous of you to spend the time you are spending answering all of our questions. I'm sure we could go on and on and on with them. Thank you Riley and as always be safe and take care.

[SailorDave]

Hey Shaneybelle27,

Not to be a wisenheimer, but the answer must be "Yes" - because it is Iraq.

IMO Truth-be-known, It is all political and it will just take time to sort it out.

[inmemoryofrob]

This quite interesting. I wonder how there exchange ultimatum will effect the rest of the dinar holders that aren't in country.. Still trying to consider what kind of time line we are looking at. IMO, we should be looking at the same 60 plus days, when you consider...they said they would be trying to get the get bills off the street when it rvs, maybe they are going to try to handle iraq, pre-rv, and the rest of the world post-rv. Just food for thought.

[SailorDave]

Hey Riley,

Really appreciate your taking time to share the local news with us.

There is a lot to be said for "grass roots" input, especially during the education phase of getting the locals ready to receive their new wealth.

IMO I think this is the kind of news that will give us a better understanding of how well democracy and capitalism will take hold in the countryside of Iraq.

Take care, keep safe and keep letting us hear along the way.

David

[Linduh2]

great news please keep us posted thanks again

[mrref]

sexdinar WOW lol

Edited March 31, 2010 by ToddS

[puzhalsta]

if it happens in country for the smaller denoms first, i might be on a plane to iraq really soon.

[MariaSoledad]

After a so, so day, you Riley have given us a lot of hope; thank you so much and be safe. The Iraqi people need this and deserve the best after so much suffering. Thank you once again. God bless you.

[sistasue]

After a so, so day, you Riley have given us a lot of hope; thank you so much and be safe. The Iraqi people need this and deserve the best after so much suffering. Thank you once again. God bless you.

I agree. The people of Irag have truly been through alot over so many years.

[ronscarpa]

Thanks ToddS for posting Riley's chat.

Thanks Riley for your info - great news...!

Blessings,

RON

[lambert]

terrific stuff there Riley. Keep safe!

[sortarius]

Has anyone heard of any banks outside of Iraq stocking these lower dinar denominations?

[wess144]

I agree puzhalsta, save me a seat on the plane. I will buy

the first round of drinks.

[Teresa82]

Thank you Riley your so kind to do all this hunting for folks you don't even know! Stay safe!

[usmillions]

thanks for the info.... 1 can only hope and pray we are near the end of this.....

[errivas]

OK, so I am kind of getting the impression that we may have to trade in our 25k and get lower denoms and then wait. Does anybody else think that? FYI, this is just the impression I got, not fact!

[sammyque]

riley you tha bomb girl!!!! thanks so very much for sharing this with us....sounds more solid than anything I have heard in ages....take care and be safe

[caz1158]

Just a thought-or is it another way for brokers to make dollar by putting this type of info out there. Then we trade in big notes for smaller and pay exchange rates,just a thought.

[ToddS]

Just a thought-or is it another way for brokers to make dollar by putting this type of info out there. Then we trade in big notes for smaller and pay exchange rates,just a thought.

Riley is in Iraq on the ground talking to locals she is not, NOT, talking to a broker and I would doubt very seriously that a broker is telling the Iraqi citizen "Hey you see that American over there? Go tell them about the smaller notes so I can sell more in the US off of DV." Just a thought.

[Munsch]

OK, so I am kind of getting the impression that we may have to trade in our 25k and get lower denoms and then wait. Does anybody else think that? FYI, this is just the impression I got, not fact!

I just hope they don't deem the 25,000 note worthless after a certain time period if they do this. I don't mind trading mine in if I can and they will be the same rate but it is easier to managed the higher bills for storage until the RV.

[caz1158]

ToddS-It's just a thought,alot of scams out there.Nothing personal intended.