Frank26 All banks have stopped saying it [the Iraqi dinar] is a scam but not all banks are saying they’re going to be involved in it. And that’s true.
Samson Article “Iraq’s 2024 budget: Not what it appears when it first meets the eye”
Nader The people in the banks, they are no more than me and you. They don’t know more than you and me. They actually know less than because they don’t tell them anything. They just tellers and saving account sales…that’s it.
Pompey Peter All dinar related, all good. And I will say personally we are in the best place we have ever been to see our blessing.
MarkZ [via PDK] Some real positive stuff out of Iraq this morning. Article: “Al Bandowi: Iraq is moving towards full sovereignty with America’s commitment to withdraw its forces” Most of this withdrawal is happening before 2025. In other words in the last and final part if this year. Why is this important? Sovereign currency and sovereign country. And we have been told repeatedly that troops will be gone once US is paid….IE Revaluation.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy reminds you he said next year. Hopes for this year. FRANK: …My reason for saying this year is because everything that is needed in order to bring forth a new exchange rate and the lower notes is being shown and introduced this year…Very soon you’re going to see bulletin boards in these new exchange centers with the pictures of the lower notes and the descriptions. All of this is important in November and December to prepare you for the launching of the new exchange rate and the new lower notes. If it happens to be next year, so be it.
Pimpy People are always trying to predict when is the exchange rate going to change. IMO you’re not going to see any exchange rate change until they feel comfortable and they feel stable in a new banking system…and they feel like they have all the kinks worked out then most likely you’re going to see a redenomination and the new exchange rate take place. Then. Not before.
Militia Man We all know Iraq is about to take her place in the international financial system. Millions of people are going to be affected. It’s really big.
Samson Article: “Swiss Ambassador Expresses His Country’s Desire to Invest in Iraq”
Frank26 All they talked about this week was the HCL. As you know the HCL cannot be with a program rate. It has to be with the new exchange rate. I’ve always said to you IMO the moment you see the HCL, nanoseconds later you’ll see the new exchange rate. You’re about to see the HCL because they’re telling you this…
Bruce [via WiserNow] …everything is supposed to be triggered…Saturday night, which is the 16th…but it really shows up for us in the internet group Monday morning by noon, it’s when we’re supposed to get our notifications, and then we get set our appointments and go in for exchanges, either Monday, afternoon, evening or Tuesday... We should have Christmas before Thanksgiving, in a sense.
Mnt Goat I had an interesting conversation with my CBI contact…Wednesday. We talked about the new peg for the dinar. The new peg is established and will finally take the place for IQD peg instead the sole de facto peg to the US dollar. I was told we will shortly see news articles on this subject matter as they educate the citizens…
