2-22-2021 Newshound Guru MilitiaMan Article: “Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?…” Quote: “It was also “expressed” in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability.” Looks like Iraq has been given the GREEN LIGHT!! …I like the use of the word expressed…It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They’ll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country’s reforms going forward…Imo. Game is about to kick off. imo.
2-22-2021 Intel Guru Footforward [I thought the dinar must be sent to the US Treasury for exchange? Possibly a 10 day turn-a-round to clear our accounts. Most likely the banks will exchange a small amount into cash, maybe 10K…] …they have the ability to verify in house…they won’t give us tons of cash, but a 10 day turn around…if they have to send everything to the UST, what a nightmare… The treasury will keep the dinar. I don’t question that. The treasury will be sending it back to the Central Bank of Iraq…
2-21-2021 Newshound Guru Pimpy Article: “Mazhar Salih: Iraq is on the brink of economic recovery” Yeah, just that quick. Magically what are we seven weeks into the year – we went from having huge deficits to now we’re already in the recovery? …it’s almost already close enough to start slowly but surely rising the value of the dinar to its true value. That’s just my opinion…
2-21-2021 Intel Guru Footforward I’m happy to exchange all of my dinar for anything over 3.50…catch it because it’s going to be too fast…they make it sound like everyone caught a $9 rate on Kuwait dinar when in fact very few of any actually caught that outside of forex…
2-21-2021 Newshound Guru MilitiaMan Article: “Parliamentary Finance Explains The Reasons For The Delay In Paying Employees’ Salaries” Quotes: “salaries will not be delayed this month or the coming months and they are fully insured.” ; “…the delay that accompanies the payment of salaries every month is borne by the Accounting Department at the Ministry of Finance for its reliance on old mechanisms in banking transactions…” This sure looks like there is a consensus in that they know a new mechanism is coming into play. Modern is not in the old but new mechanism. Well that to me suggest they are to pay in a timely manner with a new rate (mechanism) in the future. A mechanism applied in such a manner that fully insures payments will be on time and not delayed any longer. Thereby, we can deduce they have a digital system coming into play. Probably one that will interlink with not only internal transactions but, regionally and globally…imo. I like it…
2-21-2021 Intel Guru Frank26 If you go to a bank to exchange your dinars then they convince you – ‘Would you like to deposit your capital gains in our bank? We have wealth managers who can advise you. We have may packages and many services. Would you like to do that?’ And you say to them. sure…Banks in the U.S. they insure you. It’s called FDIC. That’s the insurance to cover your money in case it’s stolen, burnt, lost or whatever it may be. The insurance for FDIC is only $250k. If you cashed out 1 million dollars worth and you deposit it into their bank account you want to ask them how much of my currency that I just put into your bank is insured? If you deposit a million – three quarters of a million will not be insured. You may say ‘so what.” Trust me you want to insure your money…
2-21-2021 Newshound Guru Pimpy …something is definitely happening… March seems to be the month. What “it” is I’m not 100% sure. I’m monitoring all the chatter amongst those who know and trying to get definite details that I can prove. All I know is there’s a lot of scurrying going on and everything seems to be pointing towards the month of March. What it is I don’t know and that’s frustrating because even the people I rely on that do know – even they don’t know. They just know something is coming up. I’m not trying to get people overly hyped or really excited. What I’m trying to say is we have no idea what it it is. It might be good it might be bad. I’m trying to find out for you guys…
2-21-2021 Newshound Guru Jeff Article: “Mazhar Salih: Iraq is on the bring of economic recovery” …He’s the former number 2 man of the central bank…when the central bank talk that’s when you listen…I told you from when Iraq completed that Borrowing Law they could change the rate at any time…they were walking you into the season of the rate change. This article confirms you’re there…the rate change reduction…December 20th. What they revealed to you is they had a specific goal that had to be reached in a specific amount of time. That’s why they had to do it on December 20th…they implemented a 90-day tool to reduce the note count in the country of Iraq to get the 3 zero notes out of circulation. They needed 90 days on that…for it to be effective and get more than enough notes out of circulation…
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