Bruce (The Big Call)
[via WiserNow]
…We believe in redemption centers, but some people don’t. I don’t understand it. Well, actually…I understand why they don’t seem to think like it’s real, but it is, and we have a lot of evidence to prove that it’s real, considering we know physically, know in person a lot of redemption center leaders. We know them. We know where they’re going. We know where they travel to. We know where the centers are.MarkZ‘Kurdistan oil is approaching 400,000 barrels per day.’
Oil is flowing. Many articles out all about this over the weekend. Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Alaq comes out and says the dinar is overrated…Iraq is only the 5th largest oil supplier in the region so many are overrating the dinar…They are trying to scare everyone away from the dinar…It’s ironic how bad they start talking about the dinar right after the oil starts flowing in the increased production. They are trying to stop our currency.
FRANK: The CBI is sounding and acting crazy but it’s a defensive posture. It’s not that they’re s****d… [It’s] to protect your new exchange rate… because everybody’s asking for it now. They are simply discouraging people from asking questions here in America…This wall of protection is soon to come down with the truth of a new exchange rate.
Pay close attention. You cannot take a pair of scissors and remove the three zeros physically from the notes. It is removed electronically from .00085 which is the exchange rate…Now, when you lift the three zeros and you move the decimal point from the left to the right you end up with .85. In other words every dinar is now worth 85 cents. But I believe you’re going to come out at least last $1.20 IMO…
Article:
‘Central Bank Governor: we are beginning to see non-oil financial revenues’
Wonderful! That’s exactly what you need. You cannot just rely on oil. Here’s another reason why your exchange rate is ready to come out…We will soon see the beginning of a new exchange rate.MilitiaMan
There’s an article out that says CBI talking no discussion of exchange rate and there’s been a couple versions of it…A lot of people were pretty concerned and not liking this conversation. But…you got to really think about how important it is to have confidentiality in a revaluation…You really have to keep it close to your chest and I think that’s exactly what a good central banker like Alaq…would know.I suggest we’re going to see a redenomination, a revaluation and we’re going to see an application of a real effective exchange rate. I think it’s got legs. It has more than legs. It’s got a lot of support. I think it’s in cement. That might even be a component of why it’s going to work is it’s truly cement.
Pimpy
Article:
‘Central Bank: We have convenient foreign reserves capable of defending the exchange rate’
This means you can help control when it goes up and when it goes down in value by using your own foreign reserves to control that exchange rate. They’re saying they have enough to protect it. That’s outstanding.
This is a good thing that’s happening…You should be very happy about it. It is Iraq is putting on their big boy pants for the moment. What do we have here. They’re off the exotic currency list. Iraq is not currently being monitored by the US, their currency anyways. But their banking system is.Fnu LnuIraq’s banking sector…has implemented many foundational systems and reforms. Most major banks and government payments are now digital, but universal adoption and overcoming remaining challenges will take more time and investment. Though great strides have been made, the work isn’t finished concerning this digital transformation. This info was gleaned from 3 different sources including the IMF, so to say the transformation is complete therefore it’s time to RV is not at all accurate.Walkingstick (KTFA)
[Aki banking friend update]
AKI: We’re already signed the Oliver Wyman documents. All private banks did…We’ll be able to take care of everyone. You don’t have to worry about that. We will give you all the details, all the instructions for our banks…So will the CBI. But I will not release anything right now. I am not allowed to beforehand …We see banks getting swamped in America already. We guard ourselves against that.
Mountain Goat
Article:
‘OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN ACCORDANCE WITH THE CONSTITUTION AND BUDGET.’
…they referenced the new Iraqi constitution…this was the basis for HCL. They had to get the Oil and Gas Law in place and somehow make the management of their oil resources stated in a formal law. So we have not yet seen the Oil and Gas Law passed in parliament but this…is coming very soon.Samson (KTFA)
Article:
‘The US confirms its participation in facilitating the opening of the Iraq-Türkiye pipeline: It will benefit us’Sandy Ingram
Iraq over printed the money… because of this, if they adjusted the currency to a higher rate right now the entire country would go economically bankrupt. It’s just not possible. That’s why so many people look at us like we are insane when we talk about the adjustment of the Iraq dinar. No, we’re not insane…we have common sense. We know Iraq is on track. They are working hard…it goes above and beyond oil…Iraq is positioning itself to be great financially and historically. Source : dinarchronicles
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