Mountain Goat
I need to clarify this one more time since everyone is brainwashed on this Kuwaiti dinar and uses it as a justification for a like RV in Iraq. So, I want to emphasize that the IMF under direction from the UN ’temporarily’ took the KWD Kuwaiti dinar off of FOREX so S****m could not use it to fund his army against coalition forces to throw him out of Kuwait. When the effort was over, they simply reinstated it. In FACT when they did reinstate the KWD, it was about 30 cents lower than before the takeover of Kuwait by S****m. This is FACTUAL…Does this sound like an RV for the KWD. The KWD once reinstated was driven by market demands and rose to nearly 9 USD before they took it off the float. Again this was not an RV but short-term speculation.
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Bruce (The Big Call)
[via WiserNow]
There are a couple of sources that said…the seventh was in play for notifications, and…the dates of the 11th and 12th of November…Veterans Day is the 11th…and as the banks will be closed…I don’t think they’ll initiate something for the redemption centers without the banks also being open…So…we’ve got the possibility of getting notified …more likely the weekend…the start of exchanges could be as early as Monday, and more than likely, I’m going to say Wednesday…the 12th.
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MarkZ
[via PDK]
Bank story:
‘…friend… visited a wealth manager at a Wells Fargo Branch. She was visiting several banks to find a financial planner she was comfortable with. She had a good conversation with a financial planner at WF regarding currency and exchanging. The gal went as far as identifying which branch location will be handling the exchange for their bank in that city. She also indicated to my friend that we are very close.’
Article:
‘The regions oil has entered a new equation after the water agreement with Turkey’
This one is important to the HCL Hydrocarbon law. They continue to make progress on the oil and gas law. Many expect it to be done soon.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Iraqi television Shafaq news started showing the possible new lower denomination dinar notes to the public. This is being seen as a big step towards changing the exchange rate for the Iraqi dinar. The new notes they tell us have upgraded security features that we have never seen before and are a signal of Iraq’s financial reforms moving forward. The show is that these notes are real and ready and they’re doing that just ahead of a potential exchange rate change…We’re not seeing it on Baghdad Channel 1 or any other outlet here. Kind of confusing.
FIREFLY: They’re showing us pictures but we’re not sure if these are the real lower notes. But they’re telling us these are the real and these notes are ready.
FRANK: Wow! It’s time to launch the rocket of the monetary reform into the stratosphere. These are what we…call samples but in reality they’re more an example…They are pictures of real lower notes, yes, to prepare you for your real lower notes that they’re about to give you. They’re about to put the real lower notes in your hands very soon…Do you realize how close you are.!!! …Oh my goodness I’m jumping for joy! …This is it. There’s no turning back now, now that they have shown you the sample/specimens.
I’m excited because Trump is calling all the s***s in [Iraq]. Every move I see from Sudani and Alaq reflects Donald Trump’s moves. Trump is calling all the s***s and Sudani and Alaq are obeying the monetary reform by him. [Iraq] never used to obey America before. [They] sure as heck are now.
I still think that they’ll take their first step…somewhere between 1 and 3.22, but 1 would be an insult. One comes in when you say, ‘We de-pegged.’ 3.22 comes in when it’s an RI. .86 is the 20% that the Minister of Finance and the Minister of Planning told them back in 2014. And the 4.25 is for me. That’s my REER.
MaxisI saw the prime minister yesterday in our compound with the American delegation. I walked by him and he said hello in English. Big meeting at the Palace. Don’t know what it was about. Fireworks just started all around us. I hope it’s something good.
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Fnu Lnu
Most people who invested in the IQD are wholly unqualified to do so and have no business getting involved…The IQD is a speculative investment / guess at best. It may never happen...I’m going to give you some of the most valuable, yet free, advice you are likely to ever receive. Live your life NOW! Love your wife and kids NOW! Continue to educate yourself right NOW! Earn a living NOW! Try to understand what I am telling you. The future is uncertain and hasn’t happened yet. You can’t do a d****d thing about the past. The HERE & NOW is all you have. Make the best of it…I hope I have made myself very clear. Be all you can be, and be happy.
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Sandy IngramMany will tell you we will be able to exchange the IQD at banks in the United States. Hopefully so. But what if we can’t. What if Iraq, because of overprinting the money, only allows currency exchanges within the country or at International airport exchanges. 5 years ago when I first started talking about the IQD investment…I told you to get your US passport. My message has not changed…We may not have to [travel] but it looks like we more than likely will have to.Kaperoni
Article:
‘Iraq moves towards energy independence: imports halted and export opportunities for petroleum products opened up’
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MilitiaMan‘Know Your Customer’ [KYC regulations] is a big issue with banks. I think people really ought to keep that in mind when there is a revaluation. The banks are going to be wanting to know who they are are especially if you have a lot of money…Calm, cool, collected…very professional – What do you have. What do you plan to do with it. You’re probably going to be asked a lot o question so be prepared for that. And like I said calm, cool, collected and professional is the best the best...
Source : dinarchronicles
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