ronscarpa Posted August 11 Report Share Posted August 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 Mnt Goat WOW! August news from Iraq is explosive. We now see many changes to the banking system and currency auctions. This, as I am told, is from the pressure of the Feds and the US Treasury. As far as timeframes, my [CBI] contact told me to watch the progress of the banking reforms that the Feds are pushing. This includes the parallel market rate vs the CBI official rate and the currency auction levels. 4 1 4 2 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted August 11 Author Report Share Posted August 11 Added @ 10:12 AM MDT: Frank26 [Iraq boots-on-the-ground report] FIREFLY: [My Bank friend] told me don't worry. This may look like a disaster with the United States Treasury here but it's a good thing...They are here to help us to the next and final phase of the currency reforms. Once the issues are fixed then we should see what we all have been waiting for. It's good. Trust me. FRANK: When your bank friend tells you to trust him, trust him...IMO he's absolutely 100% correct. 2 1 3 Quote Link to comment Share on other sites More sharing options...
cjdavid Posted August 11 Report Share Posted August 11 1 hour ago, ronscarpa said: Added @ 10:12 AM MDT: Frank26 [Iraq boots-on-the-ground report] FIREFLY: [My Bank friend] told me don't worry. This may look like a disaster with the United States Treasury here but it's a good thing...They are here to help us to the next and final phase of the currency reforms. Once the issues are fixed then we should see what we all have been waiting for. It's good. Trust me. FRANK: When your bank friend tells you to trust him, trust him...IMO he's absolutely 100% correct. Sure, sure…. 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted August 11 Report Share Posted August 11 6 hours ago, ronscarpa said: As far as timeframes, my [CBI] contact told me to watch the progress of the banking reforms that the Feds are pushing. This includes the parallel market rate vs the CBI official rate and the currency auction levels. I believe these reforms will be quick very quick! 1 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted August 11 Report Share Posted August 11 Mnt Goat WOW! August news from Iraq is explosive. We now see many changes to the banking system and currency auctions. This, as I am told, is from the pressure of the Feds and the US Treasury. As far as timeframes, my [CBI] contact told me to watch the progress of the banking reforms that the Feds are pushing. This includes the parallel market rate vs the CBI official rate and the currency auction levels. In the meanwhile CBI Gov Alaq will be permitted to stay on...nothing changes. 1 Quote Link to comment Share on other sites More sharing options...
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