Militia Man The delete the zeros project is real and it’s not a lop…We’ve been over this and over this and I’m sticking to that.
Kaperoni Seems to be a lot of hype lately that people are getting excited for some Dinar RV. Not how currencies work. Iraq has a lot of work to do…If and when the dinar goes up in value it will be based on the success and growth of Iraq’s economy.
Pimpy It [the Iraqi dinar] is going to go up in value. There’s no doubt about it. But how they go about it is something totally different. Is it worth the investment? I think so or I wouldn’t even own it…
Frank26 You have to start getting ready for when they give you the new exchange rate…You know what’s coming…I’m not saying I’m leaving but I’m saying there’s going to be a major change very soon…Things are going to change dramatically very soon.
Clare Article: ”Al-Sudani announces the launch of the five-year national development plan (2024-2028)”
MarkZ & Militia Man [via PDK] MarkZ: Have you heard anything about Iraq’s ascension into the WTO? Militia Man: Iraq is going to need to trade cross-borders. The Iraqi dinar is not yet on the forex with a REER. (Real Effective Exchange Rate) With the Ayuscuda cross border system …I think it’s ready to go. MarkZ: I also think it’s ready to go. But how long can they go without a new rate? They have not published the budget tables yet…. I think they are hiding it because the new rate is in it to do all those new projects.
Wolverine [via Judy Byington] …the RV has started in general. We are going to have a beautiful week. Get ready.
Fnu Lnu It has been reported that Hezbollah plans to open a HQ in Baghdad and implied that Baghdad will allow it. PLEASE! …Nuri Al Maliki owns all but one newspaper in Iraq…and is Iranian sympathetic …Next, think the United States is ever going to leave Iraq? …That will never happen…Do you…think the United States military is, for one minute, going to allow Hamas or Hezbollah, or any other Iranian proxy group to set up shop in Baghdad, no less? This is commonly known as fear porn and has zero credibility…
Breitling I’m not getting out of the currency [the Iraqi dinar]. I’ll wait it out. But right now I am neutral. This is not positive at all [Iraq moving pro-Iran]. We’ll have to sit back and watch what the CBI says…How are they going to add value to the currency being sanctioned or being punished? There’s no answer for it. We have to wait...Whatever comes along I’ll report it. If it changes, no problem, I’ll report it. If I see a pathway that they’re going to add value to the currency [I’ll report it]…
Militia Man Everybody’s pretty much pumped, pretty much excited because the news that’s been coming in is off the charts. Saleh has been out for the last couple of weeks educating everybody… reiterating why they do what they do…and how they do it. Economists coming out talking about what they believe the Central Bank of Iraq is dealing with with the Federal Reserve Bank, United States Treasury. You can see these guys are serious…
Bruce [via WiserNow] The Intel that we received, and I had several confirmations today… about notifications either…Friday…or Saturday…I’m going to say…Saturday it is definitely in play….We did get a green light from Treasury to one of our intel providers. And I think we’re looking very good from that perspective…I think we have pretty good shot at getting notified tomorrow [Friday], and if not…Saturday…I’m jacked up excited about this coming…to us…Friday or Saturday.