Mountain Goat
My CBI contact…told me on my call…to Iraq that we will see articles about the removal of these larger three-zero notes and the swap out. She told me we already should have witnessed much recent news about the removal of the zeros and so pay close attention. She also said the CBI site will be updated with pictures of the newer lower denominations soon once the trigger is pulled to begin…
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MarkZ
[via PDK]
Question: will the dinar rate be over $3.
MarkZ: I believe the dinar rate will be over $3.
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Frank26 (KTFA)
Today you have a presidential decree for parliament to sit on the 29th. That’s a very direct command. I believe they will obey. We should see your [Iraqi] government formed. We should see the HCL and we should see a new exchange rate. We should see the lower notes from the 29th to the 31st. Anything short of that is a complete failure especially with Mark Savaya right after you’re supposed to do that.
Question:
‘Where’s the notification or the redemption centers.’
There are no redemption centers. That’s why you can’t find them…’You got to get to a redemption center.’ No, you got to get to a bank.
December 1st, IOO, that’s when we thought they were going to bring out the new exchange rate. They didn’t. Instead the USA gave them 30 more days.
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Jeff
They have 3 aspects of the government formation regarding the e*******s they have to do. They have to finish and complete the parliament. After they complete the parliament they have to finish and complete the president of the country, then the prime minister. This very next session of parliament around the 29th they could or might complete the formation of parliament. [Then] parliament can resume having sessions…By changing the rate while the government is being formed, during the year of ’25, makes the most sense because it allows them to hit the ground running…Otherwise if they’re waiting till the government’s done, they would probably be waiting until at least February.
They’re either changing the rate before the start of their formation [of the government] or after the end of their formation. We don’t know. Nobody knows that. It’s one of the two points…
The old domestic Iraq is ending at the end of this year of ’25. The new international Iraq will begin in January around the budget period…Everything revolves around a budget period.
Sandy IngramMost people in Iraq don’t care about what their currency buys for you…
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Clare (KTFA)
Article:
‘The Iraqi parliament, in its new session, has set two items on the agenda for its first session on Monday’
Quote:
‘The first paragraph includes: the swearing-in of the new members of the House of Representatives, and the other includes: the e******n of the Speaker of the House of Representatives and his two deputies, according to a statement issued by the Parliament’s Media Department.’
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MilitiaManI think we should all be able to agree that Iraq has come a long way and they’re making massive inroads. Everything they’ve been doing, especially increasing their non-oil resources and their revenue streams, it’s all going to support the value of their real effective exchange rate. I don’t doubt that for a minute.
Source : dinarchronicles
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