Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says that from the CBI the United States of America reconstruction on Iraqi banks will be lifted soon. FRANK: That is a powerful statement…They’re already lifted. It just has to be made official…
Clare Article: “Al-Alaq reveals the Central Bank’s reserve… in dollars and gold” Quote: “The Central Bank has a foreign reserve of more than 100 billion dollars…We have gold reserves of more than 130 tons, most of which are located in England.”
Militia Man Article: “Iraq, US to form joint team to address sanctions on Iraqi banks” Central Bank Governor Al-Alaq has worked for concessions for and on the behalf of Iraqi Banks to the UST with regard to current sanctions imposed on them.
Pimpy Question: “What are the proper notes to hold for investment purposes?” Any of the currency is okay to hold at the moment so there’s no specific denomination. If they do delete the zeros or they re-denominate they’re going to have whole new currencies. That’s why there’s no rush to try to find lower denominations because they’re going to replace all of them including the lower ones. But there is a possibility that they don’t re-denominate and we get lucky and they change the exchange rate and keep the zeros on the currency.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The next meeting with the United States of America will be held in Baghdad the television is telling us. They’re coming to us now…
Clare Article: “CEO of JPMorgan Chase expresses Support for Iraq” Quote: “Prime Minister Mohammed Shia al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday, during his visit to the Washington DC.”
Samson Article: “Al-Sudani: We have reached satisfactory solutions with the US Treasury to address the conditions of the sanctioned banks”
tishwash ali alaq did give a speech this morning. Quote: “Regarding the issue of financial reform in Iraq, Al-Alaq explained, “Iraq has a multi-faceted program in this framework, as the first aspect is harmony, adaptation, the adoption of international standards in financial transactions…”
Militia Man Al-Sudani has rocked it. They showcased this country like they’ve never done before. We’ve never seen this. Anybody that’s been in this investment since 2003 has never witnessed what we’re witnessing today…If they were going to come out at 1310 dinar to try to do all the things they’re doing right now the world would be just like they were in Kuwait – crickets. This is powerful. Wonderful.
Nader ‘Everybody’s like, hey Nader you’re there for the announcement?‘ There’s no announcement. There’s not big screens…They’re going to come out with a new exchange rate maybe a little smaller for now yes...You see they talking about changing the exchange rate again. Yeah, they’re going to do it soon. We’ll see what it is. It could be 1000. Remember we said 1000 and then they eliminate the three zeros…You’re going to have to be patient.
Frank26 Sudani returned back to Iraq because he wanted to make a speech but it turns out that the time was passed on and it was through Alaq. But Alaq is in the United States of America how can he make a speech today? [Iraq boots-on-the-ground report] FIREFLY: We believe this is a prerecorded interview by Alaq…
