Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on TV saying Iraq is strengthening its gold reserves as asset diversification. FRANK: It’s an incredible amount …
Samson Article: “Iraq raises its gold reserves to more than 152.6 tons”
Clare Article: “Spain confirms cooperation with Iraq to establish Basra-Sharm El-Sheikh railway line” Quote: “Spain confirmed, on Thursday, its strong support for Iraq’s strong return to the World Trade Organization and its efforts to do so, while indicating that cooperation with Iraq is not limited to railways, but rather in other fields and there are joint projects”
Sandy Ingram You should know you have no tax obligation just because you invest or hold foreign currency or the Iraqi dinar. You must create a taxable event before you are taxed. A taxable event is selling or trading your currency for a loss or a profit… [Always check with you Tax professional at the appropriate time]
MarkZ [via PDK] “Advisor to the Prime Minister: The government is able to increase spending without inflation of fiscal deficit” They have a sound economy and letting us know they are stable. Shabibi said to give him a stable Iraq and he would give them a new rate.
Frank26 Dr. Shabibi was looking for…the start of a year or at the start of a quarter. That’s why November and December to me is the time frame to show and reveal everything in the manner that Sudani just did…By confessing to Iraqi citizens that your currency is going to be so powerful very soon and then compares your currency to Kuwait…? …All of these things Sudani has ever dreamed about giving Iraqi citizens is now in his hands. He has the power…Sudani is trying to tell you get ready with our banks!
Fnu Lnu [Response to Guru Frank26 11-15-2024 post] Just to clarify, there will be no electronic background checks in the United States for those doing exchanges of Dinar for USD. In the United States, we have a system where Banks are required to report suspicious activities to the Financial Crimes Enforcement Network (FinCEN) under the Bank Secrecy Act (BSA). A SAR (suspicious activity report) is a tool used to monitor suspicious activities that would not ordinarily be flagged under other reports… Banks who are coordinated with the Iraqi government for the exchange event will know that the exchange money is “Clean and Clear” meaning, it is not coming from clandestine sources like terrorist organizations, for example.
Above mentioned Post is below
Frank26 [Iraq boots-on-the-ground report] FIREFLY: When everyone here goes to exchange their notes, there will be immediately an electronic background check. It’s just Iraq’s diligence in stopping corruption at the start… FRANK: I didn’t know that. I find that to be MARVELOUS. BRILLIANT!
Walkingstick Billboards with lower note pictures and explanations about them, if that was true, if that had any possibility, then the moment that would happen would cause…there cannot be a gap between when they show it and when they release it [the rate] IMO. Once they show [them], the time frame for them to release it [the rate] would have to be extremely short. There should be no gap between the two events. It should be simultaneously.
Samson Article: “Iraqis have an appointment with ‘Wednesday’… a comprehensive road map for all individuals” Quote: “The first general population and housing census in Iraq in 27 years is scheduled to be conducted on November 20 and 21”
Frank26 [JP Morgan Bank story] …I was ecstatic, I talked to Vice President of Wealth Management at JP Morgan. The Vice President told me in his office they will 100% most definitely come to the house with security guards and take me to the bank if I need. They will provide a shuttle because at that point you’re walking with money that’s worth an ungodly amount… They told me when the time comes they would be able to provide an escort with people to take me to and from so I can conduct my business before or after hours…
Mnt Goat …if you take the monetary mass of Iraq then do the math of the about 150 tons of acquired gold in their reserves, you can easily see that when they shrink the monetary mass, these reserves could cover the entire monetary mass of dinars in circulation. WOW! Yes, it could potentially cover 100% not just a percentage of the dinars in circulation, if all goes according to plan…Isn’t this then the financial “stability” that the CBI keeps telling us it needs to conduct the project to delete the zeros?
MarkZ & Militia Man Question: What is your gut feeling on timing…? MarkZ: I’m feeling real good it’s before the end of the year…real good. Militia Man: I like where we are and there is evidence that supports it happening this year…I am hoping it’s within a 10 day window. MarkZ: It very well could be.
