[Post 2 of 2] Remember folks this will be in Iraq in country ONLY! We can not yet go the banks when this happens. It will not yet be international…the CBI can not let the dinar sit there for too long without migrating to the out of country global currency exchanges. To wait would also be disastrous too. This is why when this does happen we must watch the dinar VERY closely since it could then pop out on FOREX at about anytime afterwards. Then we go to the bank…as investors if you want a timing…watch the process.
[Post 1 of 2] ...my CBI contact said… they need to do the project (the Project To Delete the Zeros) very soon to get all this hoarded cash into the banking system…Think about this – Who the hell is going to turn in their three zeros notes if the dinar is not worth more than the dollar? They know what is coming and they are waiting for it just like us…over the years, the CBI has tried every trick in the book to get these dinar hoards in the banks, unsuccessfully. This new rate will be the second of the two rate changes we were promised by the CBI years ago…finally! The CBI told us it must be just over a dollar.
