Clare Article: “The Iraqi Stock Exchange achieves “positive results” in light of the major and accelerating collapse of global stock exchanges!” Quote: “the Iraqi Stock Exchange, unlike the world, achieved positive results for this day, unlike the data of Arab and international stock exchanges, indicating that the stock exchange in Iraq operates in a business environment that is almost separate from international markets.”
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Iran has been using some of Iraq’s banks to get around the sanctions and to profit off of the dollar. Now the US Treasury is here and stopping it. FRANK: Yeah, they are extremely angry because they lost their sugar daddy. They lost the CBI auctions…They will figure out other ways to steal… The power of the corrupt political people in your country is being suffocated. That power is dying. It is going from those corrupt people back to you Iraqi citizens through a monetary reform that will give you purchasing power…
Kaperoni The Iraqi dinar is a currency of a country it’s not a lottery ticket. There is no magical RV…Owning dinar is risky, which may strengthen over time, but it’s a long-term investment.
Breitling The Untied States is trying to influence [Iraq] to do the right thing. Hopefully they will do it and everything will be hunky-dory. Well the reality is IMO if the CBI had that influence it would have been done already. That’s the problem. That’s why I’m in the neutral zone. It sucks because I put my heart and soul into this. Don’t think for a minute I don’t feel it because I do…This could mess up the timeline and push it back, maybe even permanently if Iraq can’t handle these financial problems.
Jeff Iraq was talking about doing their census in the month of November. They’ve pushed it up to the month of October.
Clare Article: “Urgent | The Governor of the Central Bank submits a request to be relieved of his post” Quote: “The Governor of the Central Bank, Ali Al-Alaq, submitted a request to the relevant authorities to relieve him of his position.”
MarkZ [via PDK] RV news is quiet- just a lot of wild rumors out there…I still very much believe the RV process has started. I have seen too much movement with things lining up and the organization of the historic bonds and believe the process has started. The question is has it slowed down with things happening in the middle east? And where we are at in the process? None of us have the complete manual on how it all will roll out. We just know that historic bonds are one of the first things to go…then we RV…Then the reset …then currencies will move to parity. We know the process has started …the question is where are we timing wise?
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They’re saying the US Treasury has taken over the Central Bank of Iraq…They have an entire floor at the CBI headquarters. It is reference to the CBI not getting the banks that were supposed to be sanctioned to cease and comply…The US Treasury is here to oversee and stop any money laundering that was preventing us from having our monetary reform… FRANK: Not the whole building just the second floor…This is ancient history…
Samson Article: “Central Bank Governor: We will not reduce the dollar exchange rate now”
yada Community comment: Rocket Attack at Iraqi Military base injures U.S. Personnel. yada: The Iranian once threatened to bomb a few months ago and it amounted to nothing… Im of the same mind this time around. Still optimistic for where we are in the process…dispite the many issues, Iranian bombing and stock market’s drop, the RV is like a trump card to be played.
Militia Man [ via PDK] The multi-currency practices are going to go away and ultimately they will apply a REER or Real Effective Exchange Rate to Iraq’s currency – Everything we are seeing is powerful evidence that the monetary reforms are on the table and they are knocking them out….
