Mountain GoatQuestion: When does our real RV nominal rate come out, the big rate we all want such as $3.81 or $4.00 as we are told might be the rate.Mountain Goat: …the Project to Delete the Zeros is ONLY the first step of the process to get to FOREX and the dinar is still solely pegged to the dollar. It is to collect all the larger notes and issue the lower denominations. This is the purpose of this step. The CBI will be VERY concerned about inflation afterwards and so they told us there will be a period of time before they move to the next step. The next step is the REINSTATEMENT on to FOREX. The peg will change and the IQD will be repegged to a ‘basket’ of currencies that will allow it to change drastically higher…This is how we get the rate we want. This is when we go exchange.______________________________________________________MarkZ[via PDK]We do know the UN secretary General arrived in Iraq and is still there.This is on top of all the US representatives and banking representatives that are already there. There is a lot going on in Iraq. Ask yourself why.Article:‘Trump’s envoy to Iraq declares ‘Iraq is back’ hailing renewed US role in Baghdad’s Sovereignty drive’…the new envoy is officially there and working. Make Iraq Great again. How do you make it great again. Increasing Iraq’s purchasing power. ______________________________________________________Frank26 (KTFA)[Iraq boots-on-the-ground report]OMAR: Multiple sources claim Iraq has received US Treasury Permission to move towards a 1 to 1 exchange rate with the US dollar. As exciting as that is and possibly very true, we do not have official confirmation of this yet…What’s officially confirmed: We have all the experts suggesting this is where we’re going. The current official rate remained 1320 IQD per USD as per the IMF and CBI updates…Saleh stated…the market remains stable under current controls. These are the sequential steps we look for. We know what’s going on with gold. We know what’s going on with their inflation…When inflation goes down and your gold reserves climb up like that, that is the formula to add value to a nation’s currency. The steps, the proof, the evidence you’re seeing is not for a sanctioned program rate. Question:‘How many dinars are outside of Iraq.’It’s not important…It’s not even important to the CBI. If you added up all the dinars individuals have purchased, it wouldn’t even add up to a pimple on the back of an elephant’s b**t. But if you added up all the countries and all the reserves and banks that have traded the dinar for their currency…that’s astronomical.______________________________________________________MilitiaManArticle:‘Prime Minister sponsors the singing of the ceremony with the mechanisms for the water cooperation agreement between Iraq and Turkey’Water is a very big deal. Historic oil deal done. Historic water deal done. Now, are we going to watch for a historic revaluation. The CBI deputy governor has talked about removal of zeros again. Alaq is confirming that. Also they talk about not floating the currency because it would be a peg or a managed peg/managed float, they have different names.Sometimes the news isn’t always what it sounds like. It’s sometimes meant for a purpose and sometimes they don’t quite tell the whole story. They downplay it which I think part of the process.Clare (KTFA)NEW YORK POST Article:‘Iraqi PM: Let us join in America’s peaceful prosperity — and help calm the Middle East’Quote:‘Iraq now seeks a partnership rooted in economic opportunity: We need investment, jobs and access to markets, while the United States brings leading expertise in technology, energy and agriculture, along with unmatched investment capacity. By combining Iraq’s natural wealth with America’s innovation, both nations stand to benefit…That is why Iraq does not seek aid but investment — partnerships that generate sustainable opportunity …A relationship once defined by war must now be redefined by prosperity.’______________________________________________________Fnu LnuThe Iraq Britain Business Council (IBBC) will be held December 3-4 at the Millennium Hotel. Attendees will meet and connect with leading businesses shaping Iraq’s future in finance, energy, maritime, infrastructure, innovative technologies, and education…This is how the Iraqi economy will diversify and rebuild for the future. They have been at it for 15 years now so how much longer do people think it is going to take to hit a benchmark so the RV can happen. The IMF says 1-2 years more time is needed. ______________________________________________________Nader From The Mid EastI saw this article, this is the 3rd time I see it in one year. They keep talking about about and talking about. It’s about how much money there is in the street…They say 92 trillion dinars on the street and they don’t know how to get them to the banks. A lot of these trillions are outside the country, we have them. They’re everywhere, United States, Canada, Europe, everywhere. The only way to get this trillions out of the streets, it’s by changing the currency and changing their rate. That’s the only way they can get this 92 trillion dinars out of the streets…That’s exactly what’s going to happen soon.Sandy IngramThe Kuwaiti dinar is worth $3.81, the highest valued currency against the US dollar in the world…Iraq produces 4 million barrels of oil per day. Kuwait only produces 2.7 million barrels per day. Iraq produces more oil than Kuwait yet Kuwait’s currency is the highest valued currency in the world against the US dollar. There’s something wrong here. This is one of the reasons…IQD investors believe in the IQD revalue or adjustment. But we have to take into account the overprinting of the money…______________________________________________________KaperoniArticle:‘Iraqis hoard trillions of dinars, weakening banks’Source : dinarchronicles
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