Militia Man All the calls for Alaq to leave his post – They came at him all week last week. But guess what, he’s still in his position…When they treated his incompetence it’s obvious they have an agenda. They’ve been…trying to get him gone for over a year and haven’t been able to. It’s obvious the US, the US Fed and Al-Sudani feel it’s not necessary or they would have probably done it already.
Clare Article: “urgent… In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003” Quote: “this rate will rise in the coming months with the Central Bank’s inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry’s expenditure needs.”
Samson “Al-Sudani’s advisor announces: Two missiles have returned negotiations to the US forces’ withdrawal to square one”
RayRen98 I’M BEING TOLD THE WORLD COURT “CLEARED” A FORMAL COMPLAINT TODAY AND TOMORROW IS A DEFINITE POSSIBILITY.
Breitling We [The United States] are circling the wagons. If we circle the wagons we’re going to cut the economy off of Iraq and we’re going to make them hurt. That’s not good for the Iraqi dinar.
Fnu Lnu It has now been announced that the US troops will not be leaving Iraq…The United States will never, in the foreseeable future, be leaving Iraq. We simply have too much invested in them to have another Afghanistan style departure. The USA is there to stay!
Walkingstick [Iraqi Bank friend Aki in Michigan] The monetary reform is very solid. Things are looking good…What happened with the CBI governor, he’s not going anywhere. The government can’t fire Alaq in the same way Maliki fired the governor of the CBI Dr. Shabibi. Maliki had no authority, he had no right to fire Dr. Shabibi. Dr. Shabibi went and worked with the US Treasury to make sure the monetary reform plan was completed…
Zester [MarkZ’s son] [Pops (MarkZ) is currently undergoing the stem cell treatment. He is in good spirits. He will give an update as soon as he can about the first treatment. Please keep pops in your thoughts and prayers.] I am hoping this is the week we are all blessed…keeping my fingers crossed it happens in the next couple of days…but, no one knows. If it was my choice it would have happened years ago. But I am confident it will happen.
Militia Man Article: “Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days” To be fair, that statement could be misleading because it’s not Iraq’s job to do anything to the United States currency value. They don’t have any control over it, period. But what they do have control over is the dinar, that metro-dinar. They can change the value of the currency. Alaq said the delete the zeros project is still in play…If they raise the value of the Iraq dinar, obviously the value the currency in respect to that ratio is going to change.
Samson Article: “Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days” Quote: “The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days.”
Nader The U.S. is not a hold up. You guys can call it like that but the US is not a hold up. They want to really help the economy in Iraq. Because they destroy it, now they want to build it again. They’re waiting for the right moment to put it back normal.
Jeff The middle of Iraq’s fiscal budget period…has everything to do with the timing of the rate change…
Militia Man Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales” Saleh…is educating the people…They’re keeping it fresh in the citizens minds as there’s a likelihood there’s going to be a big change coming. That will likely reflect the flexible exchange rate system.
Clare Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales” Quote: “Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices? These are paths that have no answers on the ground and are really very ambiguous“
Samson Article: ”Government advisor explains the possibility of using the dinar instead of the dollar in oil sales”
MarkZ [via PDK] Comment: Many pundits are saying the 20th and 21st could be our big day. MarkZ: yes – a lot of the pundits say this…and I am getting the same from top bond contacts, group leaders –you name it. It certainly makes me feel a little excited…but going to stay grounded …There are still great expectations from everyone…and I know some people who are heading to their locations on Monday for preparations…So I am hoping Tuesday actually means something.
Mnt Goat Article quote: “that the government is demanding guarantees for non – substituent currency back to the markets”. This means the reinstatement back to the FOREX trading markets. The CBI wants guarantees that once they begin the process of the Project to Delete the Zeros, it will go all the way to the reinstatement. So is this not what my CBI contact also told us?
