Frank26 Sudani is going to be sharing with the Iraqi citizens soon. I still hold to what I told you, they want to put screens up. I know I have been mocked about it and laughed at about it. But everything I say I’m mocked at and laughed at until a few days or a few weeks later, there it is…I believe Sudani is waiting for those screens to be put up.
Sandy Ingram When in Washington, DC he [Al-Sudani] met with the chair of the governing board of the JP Morgan Development Finance Institution (DFI), Daniel Zelikow. Prime Minister Al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday during his visit…In Davos, Iraqi Prim Minister al-Sudani with Mr. Khaled Haballah, the regional CEO of JPMorgan Chase for the Middle East and North Africa…
MarkZ [via PDK] Question: There is a rumor a contractor living in the US used his CBI card and the rate was about $3.91…Do you believe the $3.91 story is real? Yes I do believe it’s real…But, I do not believe that is the rate everybody gets because I have talked to some with these debit cards in the US and they have not seen that rate change. Whereas others have…so I think they are priming the pump and testing the system.
Deepwoodz [Post 1 of 2….] Article: “The Iraqi Central Governor reveals the plan to reform the banking system and talks about sanctions” Quote: “the detailed study of this project will be presented in the eighth month, and then there will be clarity about the road map...” Im not sure how to take this. Standing on this side of the rate change makes me naturally want to say something negative, but I have to consider all the facts.
Deepwoodz [Post 2 of 2] Iraq did not JUST NOW begin their banking reforms. They also did not JUST NOW begin to do a study of their monetary reform, exchange rate, or otherwise…I’m pretty sure there has never been anything like what Iraq is going through right now. There are no experts that have actually done this exact thing before. It really is a monumental task that will have a global impact. I’m as ready as anyone to cash in and I wish it were that simple. Truth is though, it is happening. We are so far down this road now there is no turning back.
Frank26 Article: “CEO of JPMorgan Chase expresses support for Iraq“ Take a picture of this. Next time Chase tells you it’s a scam put this right up to their faces.
Pimpy Al Sudani when him and his delegation was here to say they were busy would be an understatement. Did you see all the meetings? Meeting with the president, Secretary of State, the Pentagon… The Czech Prime Minister, Homeland Security…Signing 18 memorandums of understanding…JP Morgan…Iraq was really busy when they were here. They saw a lot of people. This is a good sign.
MarkZ [via PDK] I get reports from Iraq and bankers that things are well underway. And when they get to a certain point they will pull the trigger for us. We don’t know when it’s going to happen but the earliest I am hearing is yesterday or today…the latest I am hearing is May 9th.
Nader You saw Sudani coming back home. You saw he was not big screens…Now we have to watch. Now he’s going to come out and he’s going to say, ‘okay guys, we have to change the exchange rate.’ It think it’s going to happen soon now. They’re almost ready. I think they wrapped up with the United States government and I think it’s going to be a good thing.
Militia Man Article quote: “...we present to them [IMF] a letter signed by the governor of the central bank and their desire begins…” Here it’s starting to tell you the governor of the Central Bank has sent a letter, and the Ministry of Finance is involved, to the fund…without them saying it looks like they will accept article VIII compliance for their currency.
Jeff Final Countdown!
Frank26 [Iraq boots-on-the-ground report] FIREFLY: [Alaq] is live and he is telling us be patient, we’re working on raising the value of the dinar. He talked about how the IMF is helping and he talked about cleaning up the books…He wants us all to be patient. FRANK: You have been reassured by the right people that you’re supposed to trust…You’re about to get a new exchange rate with new denominations of lower notes because there going to lift the three zeros...I’m excited for you…Let’s see what Sudani does next.
MarkZ [via PDK] Article: “How RV currency and Bond Exchange rate will work” Overall I like this article. Quote: “Significant (High) RV exchange and redemption rates come down to establishing a gold standard, global core trade currency (or stablecoin) that is directly convertible into IQD, VND, Zim and so on…” It has been explained to me over and over that it all won’t go at once. Yes…We can exchange – but that money is tied up in the “oil for dinar program”. It will be redeemed back to the original country (Iraq) over time…in exchange for discounted oil. I was told specifically it will be over a 50 year time span. So I found the article spot on – in many ways the perfect article…