Clare Article: “Parliamentary Committee: The investment law will see the light soon” Quote: “Member of the Investment and Development Committee, Muhammad Al-Zayadi, confirmed…the next legislative term will witness amendments to the investment law.“
Frank26 Things are going perfect. Everything is moving with such perfection that no one can do anything about this right now.
MarkZ [via PDK] Question: …what’s the TimeLine on exchanging our currency’s? MarkZ: I am told we will have a bare minimum of 30 days…but most likely 90 days to exchange once the RV occurs. If the rumors coming out of Iraq, Reno and other areas are correct and it’s this weekend… (Thats the rumors that are gathering steam right now…they are very prevalent.) Then anywhere from 30-90 days after that.
Militia Man I don’t care if you’ve been in this for 20 years. What we’re seeing now is completely different. It’s a progression. Some people don’t like the progression. They just want it to be over and done. Welcome to the club.
Pimpy When a currency does a re-denomination and they remove the zeros and they release new bank notes, guess what? The old bank notes are no longer any good. I’ve been preaching about that when it comes to ZIM dollars and if it happens to the Iraqi dinars.
Sandy Ingram Traveling to realize your IQD profits – People in high places reprimanded [me] for saying this…Iraq…could print new money. That would mean that you, I, anyone would need to travel if allowed to exchange your Iraqi dinar bank notes for the new currency like Zimbabwe did. They gave the world two weeks to make the exchange. In Zimbabwe’s case it did not matter if you were a citizen or not. If you showed up with the old currency…then you received the new ZIG currency. Could we be so lucky with Iraq? …We must be smart about how we look at our options. We may not have a choice. We may have to travel.
Frank26 How much time will they [Iraqi citizens] have to trade in 3 zero notes? [Boot’s on the ground Firefly’s bank friend] told Firefly you’re going to be given a short amount of time to exchange your Iraqi dinar. This is the very first time ever that we have information from a very good source [saying] you’re going to have a specific amount of time to trade in your 3 zero notes.
MarkZ [via PDK] We are seeing a lot of value changes on screens …we are seeing a lot of inconsistancies…which to me means a priming of the system.
Clare Article: “Parliamentary Finance explains the reason for postponing the publication of the budget tables after the Eid holiday” Quote: “A member of the Parliamentary Finance Committee, Representative Moeen Al-Kadhimi, confirmed on Wednesday that the committee requested that the budget tables be redone before publishing them in the Official Gazette due to the existence of printing errors in the numbers, indicating that the committee is in the process of re-auditing the numbers and correcting the printing errors for the purpose of publishing them until after the Eid Al-Adha holiday.”
Jeff I told you guys the court would be overturning the budget because it is unconstitutional...I basically predicted the future for you. It’s getting close to happening. They’re most likely going to do this next week. Article: “Legal:The Federal Court will vote on the unconstitutionality of the budget table” I told you the budget is unconstitutional. I told you nothing was going to happen to the budget. As you see I’m right. The budget is getting overturned. It is going to go back to an unapproved state.
Samson Article: “Representatives appeal the budget schedules to the Federal Court”
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani came out and again he says to us the dinar is stronger than the dollar. FRANK: Your contracts are being rewritten because your dinar is strong now. FIREFLY: Then he said that Iraqi people will see a significant increase in the exchange rate this year. He’s saying all this in a recorded speech. He’s talking about the economy and how we’re growing and what is expected. FRANK: Like I told you, the monetary reform education would get louder and louder into this month. It looks like they’re using a megaphone to scream it to you. These are exciting time for your monetary reform, for your country, for the value of your currency.
Mnt Goat …traders can’t trade the Iraqi dinar since OFAC sanctions are still on the currency and have not yet been lifted. It would be illegal and very risky to put any of the dinar in investment portfolios at this time… there is no back screen trading platform, so even if they did want to trade the dinar how would investors do it?
MarkZ [via PDK] … Sudani told us that everything is now in the hands of the CBI…he was talking to Alaq at that time… so it’s the CBI ‘s job to change the rate.
