Militia Man We had some information that came from here in the United States of people that have boots on the ground [in Iraq]. When I say boots on the ground I mean literally boots on the ground. Having some of that information is key because they called today and said proudly that they affirmed they got information from the source in the military. These guys are talking on TV, not just Channel One or Channel Three but many sources. They’re talking about helping the citizens. They’re going to bring them purchasing power.
Frank26 Monetary reform education right now is at a very high peak where we can see very clearly. Sudani intentions are very clear…Purchasing power is but only one of many things that he’s bringing to you Iraqi citizens and the rest of the world will benefit from that generosity.
Samson Article: “Al-Hindawi: The preliminary results of the population census will appear next week, and Iraq is preparing for a comprehensive database”
MarkZ [via PDK] “The Central Bank of Iraq sells more than $894 Million in 3 days” This is where they sell US dollars and take Iraqi dinar off the streets. That is an enormous chunk of IQD out of circulation. They are clearly preparing for something big to support the value of their currency.
Nader I don’t want you to get excited and think we’re rich already because we’re not yet. Remember what I always say, in January things always happen in January with Iraq…It can happen before. It can happen after too. But me, I have a strong believe January we’re going to see very good news.
Clare Article: “High Commission for Census: The second phase of the census has ended and the results will be announced this week”
Militia Man When they change the value of their currency, things will become cheaper…The bottom line is if they raise the value, let’s say they come back to where they were before it was shut off during the Saddam Hussein era at around $3.22, they’ll be able to pay for a lot of products and materials for a lot cheaper. That is going to be a powerful thing. That’s going to be a benefit to purchasing power…to the citizens.
Wolverine [via Judy Byington] …It’s going to be a wonderful weekend and will all come together by Monday…
Frank26 There will be many, many currency exchange companies representing the CBI collecting 3 zero notes around the world…
Sandy Ingram When you travel to or from the US, if you are traveling with an excess of $10,000 you must report it to a customs and border protection office…But there is no limit to the amount of money you can travel with...What happens if you do not declare that you are carrying more than $10,000? The penalties may include confiscation of all currency or monetary instruments. A fine of up to $500,000 and up to 10 years of imprisonment...When you declare the currency you are traveling with the IRS is notified if you are a US citizen. If you are in a foreign country, sometimes professional thieves are notified.
Bruce [via WiserNow] …currencies have been trading. Currencies are on the Forex. They’ve been traded. We’ve got great rates that we’re expecting on Dong.. Dong has been traded up – hopefully will continue to trade up a little bit more …that’s a good thing for us… And of course, the dinar is going to be great, and they should offer us the contract rate on the dinar, which is very strong, very, very strong. So I’m super excited about that as well.
Samson Article: “US report shows the importance of the population census in Iraq: It will reshape this map”
Militia Man When your census is accurate they’ll have the ability to be able to get their purchasing power indirectly and directly because of the nature of how many people are accurately accounted for. That will help the citizens. They’ve been explaining that type of thing to the people in Iraq. They’ve been doing it a lot in the last couple of weeks and especially in the last week or so. They’ve been hammering it home, putting it on TV all around the country…
Frank26 Question: “Will the rate change prior to [December] 31st IYO?” It is my hope, it is my desire but if you show them the new lower notes in ’24, have you not given it to them? If you show it to them are you not giving it to them? That’s why I believe strongly in this year. But it doesn’t matter because if they cancel the auctions on the 31st what are they going to do on January 1st?
MarkZ [via PDK] Article: “Economist: The total cost of the general population census amounted to $951 billion dinars” This is about $80 million dollars. Cudos to the Iraqi government and their accurate census. I am told they should have the numbers by Sunday… People I know in Iraq have been saying the HCL is waiting for those census numbers. And should be approved quickly after the census totals are released.
Bruce [via WiserNow] I’ll tell you, the information we’re getting is looking very good, very good. We know that they want to get this to us before Thanksgiving. …it looks very good for us to get this and to have the exchanges at least well underway before Thanksgiving…So let’s see what happens in the next couple of days…
