Bruce (The Big Call)
[via WiserNow]
The latest information from one of our top sources is saying over the weekend or a weekend launch for us…look for something over the weekend as right now. That’s where we where we are…We’re just going to have to see how it plays out…
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MarkZ
[via PDK]
Its really been a big week in Iraq. A modern system now, no more sanctions on their money, The UN is in the process of leaving…The US officially ended the war time powers in Iraq… Iraq has been busy cleaning up c********n and embezzlement in their country…
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Mountain Goat
Article:
“SAVAYA, THE MAN OF “NO’S,’ COMING TO IRAQ’
Quote:
“Iraqis are awaiting the arrival of US President Donald Trump’s envoy, Mark Savaya, in the coming days to put the “American’ touches on the government’s formation. Savaya may have the final say in assigning jobs and ministries, away from the influence of armed militias close to Iran.“
The final announcement of the new prime minister and parliamentary members won’t happen until he arrives.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: The Coordination Framework is on TV eating crow…They are nominating Sudani as next PM saying it’s because all the serious issues we’re facing…They are giving you a target date [January 1, 2026]. It’s that obvious IMO. Now I’m not saying that’s the date for the new exchange rate, they’re suggesting it. It would be unfair to me if I didn’t consider it.
IMO I think there should be a showing of the samples and the specimens of the lower notes in the banks quickly followed, within 24 hours by the introduction of your new exchange rate by lifting the three zeros. That’s what I believe should happen. Let’s see what happens….Whether it be the rate first or the lower notes first, it doesn’t matter because one introduces the other…MilitiaMan
Oil exports to the United States reached 7.9 million barrels on December 11th showing reliable supply from the West Corner field. That’s a lot of oil. It’s a lot of money. It’s going to be a big issue because all that money supports the value of the Iraqi dinar…Foreign Exchange is over a hundred billion is a lot of money. I think the momentum we’re seeing is just not going to stop. I think it’s too late for them to stop it…When Iraq was back in that ‘previous era’, let’s call it $3.22/$$2.80, they didn’t include all these [New revenue streams] that we’re talking about. Didn’t include $16 trillion worth of assets, natural resources that they have. They didn’t include the 350 billion pounds of silica… That’s powerful because that’s income that goes to support the value of the real effective exchange rate. Keep that in mind and you can see how this is playing out…
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Clare (KTFA)
Article:
“American company Starlink expresses its readiness to operate satellite internet service in Iraq’
Quote:
“SpaceX (Starlink), the American company specializing in networking, information and communications technology, announced on Thursday its readiness to launch satellite internet service in Iraq within a short period…’
Article:
“Economists: A sharp rise in the dollar exchange rate will put the Central Bank and the Iraqi economy in a very difficult situation’
Quote:
“…It is also possible that the platform’s shutdown without an official announcement was a trial measure to test the market’s ability to adapt to the new situation without a platform, and how the demand for the dollar and its exchange rates might be after this sudden platform shutdown.’
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Pimpy
Community Comment:
“Pimpy is the king of the lop prince of negativity’
Just because I don’t say anything that you agree with doesn’t make it negative. I just explain to you what is going on in the news. It isn’t positive. It isn’t negative. I understand I don’t agree with everybody that’s out there, but it doesn’t mean it’s negative...I show both sides of it…from an educated, knowledgeable standpoint…I share all of my receipts…Who else does that. …
Sandy IngramIraq is not in a financial economic position to revalue at this time. There’s too many loose ends on the table. One of the loose problems is us. There are millions of dinars outside the country. One of the other major problems is the Iraqi people will not place their IQD into the Iraqi banks.How is a country going to revalue or do almost anything if the population will not put their money into the bank.
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Walkingstick (KTFA)
The IQD is going international due to no restrictions on their currency.Source : dinarchronicles
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