Frank26 I believe [local banks] will send the currency to headquarters…JP Morgan is going to do everything for you. The bank you have an account with is the place where you’re going to put your money in. JP Morgan will exchange your dinar for your American dollars and then electronically they will credit your account at Chase. But JP Morgan will be, what I call, your team…It doesn’t have to be your team, you can create your own team. These financial advisers will offer you a lawyer that represents them, not you…You want to be prudent…Do not go with just one opinion. Get more than one opinion…
Samson Article: “Wardastan deposits about 100 billion dinars of non-oil revenues in the Iraqi state treasury“
Militia Man Al Sudani said Article quote “The time has come for Iraq to take its natural place in the international community.” I think that’s going to resonate with every one of us…Get ready. Pay attention...
Sandy Ingram [We] keep hearing about international standards from the Central Bank of Iraq. We can only hope that this means the country will be joining the international community in the foreseeable future.
Frank26 Sudani went all around the world visiting many countries and their banks inviting them to invest in Iraq. In that time the dinar went international. He showed it to them. That’s why there is so much financial structure pouring into [Iraq]…Economic reform is about to explode even more than it already has…
Samson Article: “Al-Sudani returns to Baghdad after participating in the UN General Assembly meetings”
MarkZ and Militia Man [via PDK] Militia Man: …Iraq has done so much work and we all know Al Sudani was just in New York again at the US assembly. He also had sideline meetings and had his speech and returned home yesterday…With Sudani back now…why couldn’t it happen at any time? To me there is no reason it could not happen at any time. MarkZ: I agree. He’s done the victory tours, he has told the world they are restored and fully international. …Time to see the fruit of his labors. I wouldn’t be surprised to see my phone blowing up this weekend with the news that it has happened.
Militia Man Iraq is talking about “economic confidence”, “consumption”, “investment”, all of these things. At 1310? I don’t think so. I don’t think that’s what they’re talking about. I really don’t think Iraq is going to be the savior of the international financial system or bring any confidence to the world at 1310. Because they’ve been at 1310, 1180, 1166, 1182…1460…but have they done anything about it? Are they internationally on the Forex trading? No…
Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have heard for the last five days all on the news about the deletion of the three zeros. That’s all they talk to us about… FRANK: You say you’ve been hearing about lifting the three zeros in the last five days? In all honesty you have been hearing this for the last five months. It’s just that it’s very concentrated on a daily basis now…
Mnt Goat …my CBI contact told us the committee was planning to begin the roll out of the currency swap out in November… You will not see the US Treasury leave the CBI until this is done and the Project to Delete the Zeros (swap out) is completed.