Frank26 Question: “Is there other states besides Michigan that will be involved in exchanging?” There will be many. IMO all 50 sates. I don’t know about Alaska. Let’s say all 48 states. A lot of counties all around the world will have these private banks. The CBI needs badly to collect the 3-zero notes. It’s part of their maintaining of currency inflation…
Pimpy Question: “Can someone please explain why Pimpy is in this? Does he or does he not believe in the RV? I’m Pimpy and I can answer that question. Do I believe the Iraqi dinar can revalue? Yes. I’m in this because I think the Iraqi dinar will revalue. As a matter of fact it’s revealed a few times…
MarkZ [via PDK] My contact in Iraq works in a government position. He has made the comment that they have a new rate…and will activate it soon. That comes directly from Iraq.
Militia Man The electronic age is going to allow them to….spend the money efficiently. And for what? The operational side of the budget and the investment side. That’s one of the key things Sudani was waiting to be able to pay for. He said he launched this program and they said they got started in implementation phase as of the 1st of July. The investment portion of it has my concern because I think that’s where we’re going to be looking for the real effective exchange rate.
Kaperoni Article: “Securities Commission: The government has successfully completed the sale of financial bonds”
Walkingstick The monetary reform is secured by the reserves. The reserves that back up the currency is the control that the CBI and Saleh is talking about when he says we have a strong exchange rate at 1320 because he can control it and he can change it at any time he wants. He’s not just talking about what they know they have…the billions and billions of dinar that were brought back but it also includes all the tapped sources and untapped sources, gold, phosphate, oil, diamonds, etc etc, each one of these categories alone can support the monetary reform.
Frank26 What do you get when you have the HCL? Nano seconds later the new exchange rate…The events you’re seeing, the things that are happening right now, the alignment of many stars, of many events are only pointing in one direction, that there will be an announcement of a new exchange rate very soon to the Iraqi citizens.
Fnu Lnu [Post 1 of 2…….] Community Comment: “Wealthy people invest their initial profits. The first person they hire is a financial advisor. The second…is a tax professional” This is not what you do with your initial profits. What you do is construct a financial fortress by setting up an ASSET PROTECTION PLAN! Lawsuits, taxes, and probate, are the wealth killers… Failing to set up an asset protection plan will almost guarantee that you will be sued. There are people who make a living seeking out the wealthy and then suing them. The first person you seek out is an asset protection professional of which there are few.
Fnu Lnu [Post 2 of 2] 1% of all attorneys hold themselves out as AP specialists. After the RV, they will be booked up solid for months. Your AP specialist will have the proper CPA’s to maintenance your wealth protection structure. The average CPA doesn’t even know how to file the proper forms for a Charitable Remainder Unitrust report for the IRS. So, hire your AP professional…stay away from Financial Advisors who push foolishness like Muni Bonds, IRA’s, 401K’s. Mutual Funds, and other worthless paper-based assets. Certified investors have access to high-yield investments the common folk do not. Those are your path to multi-generational wealth.
MarkZ [via PDK] I’m expecting a lot of news throughout the week…i am expecting we will have an extremely busy 4-7 days right now. There are a number of groups with expectations for around the 12th. Everything appears to be lining up…I’m praying this is our week. I have extreme anticipation for this week.
Pimpy July 18th is going to be good. They get to go there, meet with the World Trade Organization. There’s going to be information and reforms and requests made by the WTO that they are going to hand off to Iraq. Iraq is going to go over there and drop off additional materials that was requested from the last meeting and ask questions to make sure their accession into the World Trade Organization continues to go as smoothly as possible. As far as the exchange rate is concerned, no it’s not going to be brought up there because that’s not the job of the WTO.
Militia Man Saleh has been very vocal about…the exchange rate, inflation, their reserves. His positive tone has been very well accepted because this is his fourth one…the reason there’s positivity is because…of where we have been in the past and what has been transpiring …What is different in the last year and half since Al Sudani arrived is amazing. It’s immense. And the totality of it should have everybody pretty pumped because I see it as light at the end of the tunnel.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Parliament demands, they are demanding on television that they want full control of the parallel market…and to prosecute the ones that are manipulating the dollar rate. What a joke. It’s half of parliament who are the crooks that are doing this…They are the ones causing this mess. FRANK: They want to stop it because they know what Sudani has done already with the monetary reform of your currency because it’s no secret and somewhere around the 14th we may see another move by Sudani...Parliament wants to be a pain and delay and cause problems, don’t pay attention…
Mnt Goat …everything is set to move ahead with the process of currency reform. We are just waiting. We know that the next step must be taken to move ahead and that is to revalue in-country only first just slightly over a dollar, then conduct the Project to Delete the Zeros as the currency swap out takes place. The CBI told us then they plan to monitor for a short time for inflation and then move to reinstate the dinar back to FOREX and when doing so the IMF plans to place the dinar in a new peg as in a basket of currencies and float it. …this should have already been accomplished in June and is late. It is failure on the part of the US because the US is still stalling it.
MarkZ [via PDK] “Unfolding structural economic transformation in Iraq” This article…is talking about Iraq’s successes – especially in the digital banking world …and them coming up to speed “tech wise” with the rest of the world. They have made great strides digitizing their economy to be more efficient and faster. We are seeing the economic changes we need for them to change the rate.
