Clare Article: “Passing the investment law within two weeks.. What are the positives?“
Samson Article: “100% complete.. A government advisor announces the completion of the development road designs”
RayRen98 [via Babysmom] YOO HOO!! BANK STAFFERS ARE EXCITED, SAYING ALL HANDS ON DECK FOR MONDAY… SEEING DINAR RATE OF $3.81, DONG RATE OF .47 CENTS…
Militia Man It takes time to get things done. Now we’re watching all of these things come together at the end. I think Iraq has made significant adjustments to what they’ve been doing. I think their non-oil revenue streams is going to bring value to their country…Iraq…glory days was based off of just oil…Iraq has a lot more than just oil…Liquid natural gas, that’s a massive amount of income. They used to burn it and flare it and just waste it. Now they’re going to produce it and ship it, likely to Europe…They’re going to bottle that gas and sell it…They’re not only going to increase their oil but they’re going to increase their non-oil revenue streams. That’s where all the ability to be able to support the value of their currency…
Fnu Lnu Here’s something you can take to the bank. Wells Fargo and JP Morgan Chase have the concession for exchanging the Dinar in America and Standard Charter has the concession in Canada and England. Seems I recall they will have Australia too but don’t hold me to that.
Walkingstick I strongly believe we need Alaq to finish what he’s doing [In New York and Washington], come back…to Baghdad and bring the REER – Real Effective Exchange Rate to Iraq. We believe this is the next step because of what Sudani told the Iraqi citizens. IMO the commercials are the next thing that they’re going to show them. IMO the commercials are already produced…They will be released to the public. When Sudani said the monetary reform is coming to an end…that’s a big hint…That’s what we in intel call a big clue.
Clare Article: “Zaha Hadid Architects Unveils Construction Progress of Central Bank of Iraq Skyscraper in Baghdad” Quote: “The Central Bank of Iraq (CBI) headquarters…is a new landmark on the banks of the Tigris River in Baghdad. Now the tallest building in the city, the 170-meter-tall skyscraper aims to echo the values of the institution: solidity, stability, and sustainability.”
RayRen98 TODAY COULD BE A VERY EXCITING DAY AFTER THE MARKET OPENS…TIME WILL TELL.
Samson Article: “Trump Family Cryptocurrency Project Promises to ‘Ensure US Dollar Dominance‘”
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani says we are in the final stages of the education phase on the monetary reform. I went to Mr. Sammy [Bank Manager Friend] and I said, ‘What happens next?‘ He said after the monetary reform education, the lower notes will come out. But first the commercials will show them to you. He seems to think it’s the upcoming next year for some reason. FRANK: The reason why he is saying this is because he is aware that the CBI will meet with the United States Treasury at the end of this year. He may be thinking we need that meeting. IMO I strongly disagree. I still look forward to Alaq returning from New York with a new exchange rate that everyone is agreeing upon…IMO the commercials are next…because they are already produced and ready to be released.
Mnt Goat I had an interesting conversation with my CBI contact. It was confirmed that they are moving toward a January 2025 reinstatement. I know none of us like to hear this… We all know they planned for a late summer reinstatement, but that plan failed and the US Treasury finally stepped in to help out… Now we move on to a new chapter and another attempt at it.
MarkZ [via PDK] Question: What is your gut feeling for RV Mark? MarkZ: …nobody knows the timing…but my gut feeling is between the 11th and 15th…just a guess…
