Frank26 Question: “Do you believe in the tiers getting paid first?” I hate to break your heart sweetheart but there are no tiers…People created this illusion that if you belong to this tier you have to give up some of your dinar, you have to be part of their group, whatever it is you will be able to exchange first. That’s beyond stupid as stupid can get. There are no tiers. There’s no, first level, second level, third level of our American population. Everybody’s got dinars, everybody will be treated the same way. Why? Because they all fall under the international banking laws. There is no other ways. There is no other options…If they tell you, ‘give me your dinars and you’ll be part of the [XYZ] group, RUN! …You’re not allowed to do what they’re doing. That’s evil.
MarkZ [via PDK] …according to articles…the numbers easily support a rate of $3.50 to $4.00…
Samson Article “Oil Price Global Oil Website: Trump Will Impose Sanctions on Iraq”
Militia Man They say today the exchange rate is 1320 dinar for every dollar. That is the true exchange rate however that will change to an international acceptable exchange rate when the Central Bank applies the new exchange rate to be on international Forex markets. They’re preparing for that to happen before our eyes with the [new] reinforcement mechanism…They have switched from the old dollar auction system…
Clare Article: “Iraq surpasses Saudi Arabia in oil exports to America” Quote: “The US Energy Information Administration announced on Saturday that Iraq surpassed Saudi Arabia in oil exports to the United States during the past week.”
Frank26 The fact they are about to [or have] stop [stopped] the auctions means it has to be replaced with a new exchange rate to add value to your currency. If all of these things are true from Sudani…then another thing is true IMO, the lower notes they’re going to give you are now in position, ready, loaded to go, ready to be given to [the Iraqi citizens].
MarkZ [via PDK] In Iraq-It appears the final step in de-dollarization is happening…that is what I was told…although my one contact told me to not worry and this is de-dollarization before the change…but, The central Bank of Iraq is claiming they sold one billion in 4 days. They keep saying auctions have stopped but we are seeing evidence they are still moving foreign currency. We are not sure what is going on – but we are watching it. Things are quite confusing.
Samson Article: “Central Bank: Work on the electronic platform has stopped”
Jeff One of the things the central bank is stating they’re going to do is…end that old electronic transfer system that exclusively works with the dollar and transition to a different type of banking system where the local Iraqi banks can start…doing their own sending of foreign currencies and no longer just the dollar, multiple different foreign currencies abroad. It’s called Direct Banking…But to do that the US sanctions need to be lifted off of Iraq. That’s why this whole time they’ve only been able to exclusively work with the US dollar.
Militia Man There’s a difference between the dollar auctions and the reinforcement mechanism that they use today. Militia Man and crew have been quite clear that there’s going to be a change – The dollar auctions are going to stop and there’s something different. [We] have been spot on about the fact that the dollar auctions are going to go away and they have…
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is doing 11-page document, we’ve seen it before but they’re reshowing it to us. It’s instructions to all the new money exchange centers that have been opened up on what they can accept and how much to give on damaged notes being returned by citizens. It’s like they are telling exchangers a lot of the 3-zero notes are about to be returned. FRANK: That’s exactly what they’re doing. Like I told you, these banks would be very essential…Collecting the 3-zero notes is going to be massive…
MarkZ [via PDK] Question: Where will the new rate show first? MarkZ: If it follows in Kuwaits footsteps – it will quietly be released. Maybe people will do some exchanging and then it will show publicly on forex. But, In today’s world and the speed of the internet – my guess is we will all see it at the same time …You guys will probably hear it first from folks like me and then we will be able to look at it…That’s my opinion.
Bruce [via WiserNow] Iraq has…brought a new in country rate…We heard about this New Year’s Day…in Iraq, they’re removing…the higher denominations, the 25k dinar notes, the 10k, the 5k, the 1k…the high three zero dinar notes… Now those are notes that we have that we’re going to be able to exchange at a very high rate, very high…We’re getting huge rates on the dinar that we have…but in Iraq they’re… exchanging those with 25 dinar, 10 dinar, 5 dinar, 1 dinar, in other words, without the three zeros…lower denominations…they’re making those announcements on television in Iraq…We look like we could get started… They’re calling it the weekend …as late as Sunday, we should be getting our notifications…and we should be able to get started with our exchanges.
