Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing Iran will no longer have any influence on selecting or picking prime ministers in Iraq. FRANK: You better believe Iran will no longer have any voice whatsoever in picking your prime minister. They’re no longer in power in your country. You have security and stability from them for the rest of your future as long as you have good leadership and your economy and your currency.
Samson Article: “Iraq is ranked fifth among the cheapest Arab countries to live in.”
Pimpy If you’ve been asleep these last couple of weeks and not really paying attention to what’s going on in Iraq there’s a lot of reshaping taking place. Some of it was expected but not at this level. Very interesting about what’s going on in Iraq. The point person on this is definitely Trump. It looks like our beast in the Middle East is going to be Trump. When this guys says he wants world peace he means it. Anybody against this world peace? There’s a problem and that’s Trump…He’s reshaping what’s going on in the Middle East.
Kaperoni Article: “Government Media: All official institutions adopt electronic payment.”
Frank26 Community comment from Fireball: “The Iraqi dinar is the digital lynch pin.” I’ll agree with you on that.
MarkZ [via PDK] Bank Story: A mate called Bendigo bank here in AUS and asked if they were exchanging international currency, they grabbed the manager and said “not yet”. Then asked if he was referring to VND, and he said yes. They said they would be accepting that currency – they have the new rate – just waiting. This is exciting stuff. MarkZ: That is awesome. This is the second bank story I have heard on this in the last 2 days.
Sandy Ingram …On June 26th, reports emerged of a large-scale dollar smuggling operation involving billions of dollars allegedly let by Iranian networks. This illicit flow of US currency is affecting the official IQD/USD exchange rate and potentially putting pressure on the Central Bank of Iraq.
Samson Article: “The Minister of Transport announces that 70% of the requirements for the national carrier’s return to Europe have been completed.”
Wolverine [via Judy Byington] We are here. Everything is ready to go.
Pimpy When you look at Vietnam overall, their economy is doing spectacular. Despite all the conflicts going on everywhere, despite all the trade wars going on everywhere, Vietnam is doing exceptionally well…President Trump announced a trade deal with Vietnam…This is a great trade deal…If they really open the markets…and bring in goods from the United States over to Vietnam you can see an increase in the value of the Vietnam Dong…
Frank26 Inside two weeks ago Vietnam told Donald Trump, ‘Sir, we want to talk to you about the exchange rate of our currency.’ That’s kind of direct…to the point. That’s kind of exciting because that’s what’s happening with the Iraqi dinar and that’s what he’s doing apparently with a lot of currencies…This caught me…my teams…a little bit off guard. No, I don’t believe in a GCR. But if you ask me, ‘Do you believe in a partial GCR?‘ I got to. Trump is hypnotizing people/countries…He’s the greatest influencer there is…Something is going on with a lot of currencies IMO.
MarkZ [via PDK]Article: “Inflated bills and dollar smuggling continues despite American controls. Expert calls for exceptional measures” I think it may be an excuse to close the financial borders…stop anything coming and going from the country. We were told this would happen right before the change…yes- they have mechanisms in place to close the financial borders.
Bruce [via WiserNow] They were supposed to have revalued the currency again, I believe they did, and it’s at a decent rate on the screens, but it’s currently on the back screen of the Forex…Now, if all goes according…that back screen IQD rate on the dinar will go and show itself on the front screen of the Forex… we had approximately 17 currencies on the front screens of the redemption centers, and those were fluctuating in value as trading is continuing between various currency trading pairs…we think there could be as many as 24 that are actually going to appear when we go in for our exchanges.
