MarkZ
[via PDK]
Comment: Bank Update: The big moment for me was when she agreed that the Dinar is NOT a scam and they are anticipating a revaluation– couldn’t give me the timing though.
MarkZ: Yes they are expecting it to revalue…and no-they don’t know when. We know its not a scam because Warren Buffet bought it…and many treasuries and central banks hold Iraqs currency. It makes no sense when people tell you it’s a ‘scam’. I love it when banks tell us they are training and its coming…they just don’t know the timing.
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Mountain Goat
…the CBI has been telling us for over a decade they need SECURITY and STABILITY to pull this RV off…in fact Iraq does now have the stability they need…they know the dinar is already stable with the policies now in place…We are there! …we can clearly now see that the next step is the move to removing the zeros and then to reinstate the dinar.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Sudani came out today and told us what December 1st is. This is absolute. This was straight from him. Starting December 1, 2025 Iraq is rolling out a new mechanism for foreign currency transactions. Banks here in Iraq won’t be able to process any foreign transactions unless custom duties are calculated and paid upfront…No one is going steal from us anymore.
FRANK: Bingo! That’s what the WTO and IMF are demanding.
I want you to understand the WTO, IMF and BIS along with the US Treasury and the CBI are working h*****n the monetary reform. They’re not working on lifting the zeros. That’s a simple thing. That’s just a push of a button. Boom. They’re working h*****n everything else that brings it to us…The borders of Iraq are part of the monetary reform process. The borders of Iraq are being secured…The borders of Iraq are the place where the 1 to 1 rate is going to leave and go to the international theater. It’s going to join a basket.
All this confusion is beautiful. The art of confusion is being used to push away speculation but more so to push away from having to answer specific questions that the CBI is not capable or ready to answer right now. The conditions are supreme. That’s why they keep hinting in between the lines, ‘we’re lifting the 3 zeros’, ‘we’re giving purchasing power’. The conditions are perfect for the lifting of the 3 zeros. Everybody knows that. When you hear them say, ‘No we’re not going to do that.‘ Everybody knows that’s part of the game right now. I’m not at all discouraged concerning what Sudani said about December 1st. It may not be the lifting of 3 zeros but…this is part of the monetary reform process with the foreign reserves…You have to withstand the hurricane because then the sunrise is beautiful.
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Clare (KTFA)
Question:
‘Wouldn’t the official rate (not the exchange rate) between the old and new currency introduced Have to be 1 to 1 for us to obtain any wealth from this.’
ONCE IT IS ON FOREX WHICH IS THE GOAL, YOU WILL BE ABLE TO EXCHANGE AT THE RATE IT IS AT THE BANK YOU CHOOSE AT THAT TIME, FOR WHATEVER CURRENCY YOU WANT IT EXCHANGED IN IMO.
Article:
‘Trump’s envoy: Fundamental reforms are needed in Iraq’
Quote:
‘Mark Savaya, President Donald Trump’s envoy to Iraq, renewed the United States’ support for ‘legitimate’ Iraqi security institutions, noting that the partnership between the two sides has made significant progress over the past years.’JeffThe e*******s are the turning point to Iraq going international. It’s these e*******s that bring in and introduce the rate change. When they form the government and complete the e*******s, they will also be implementing the banking reforms. But I want you to understand a critical piece of the puzzle. Before they can bring forward the banking reforms, they have to revalue the currency because part of the banking reforms have to do with foreign currency practices, rules and policies. The rate has to change for those foreign currency measures.
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Sandy Ingram
Article:
‘Pentagon awards $252 million Iraqi F-16 contract to US firm’
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KaperoniThe only way the Iraqi dinar can rise in value has to be based on Iraq’s own economic growth and diversification of their economy. This takes time and would be gradually.MilitiaMan
This isn’t just Iraq doing this [currency reform]. This is the world helping, the largest financial systems in the world, IMF, United States Treasury and Bank of International Settlements. Those are the gatekeeper. They are making sure they do this right…Source : dinarchronicles
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