Bruce (The Big Call)

[via WiserNow]

We’re standing by and letting Israel do what they’re doing with Iran… We are not in it as of now, we’re not involved…lets believe…that we are going to move forward with the timeline that we have…that we will get notified, quite possibly Monday and begin exchanges on Tuesday…I think we’re on track for everything... So let’s just see see how the weekend goes…

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MarkZ

[via PDK]

Question: Is this attack on Iraq the start of the RV or a distraction.

MarkZ: Maybe its both. We may be heading to a culmination here. With this unrest gas and oil prices are about to go up…they may spike in the next day or two…which will mean a spike at the gas pumps…oil prices are in the low 70’s right now…an oil price spike would  put Iraq well above the number they needed to revalue their currency. 

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Frank26 (KTFA)

Notice even in the midst of all this military action with Iran next to you [Iraq], Saleh who is in charge of the Iraqi finances comes out first thing this morning and tells you,  ‘We are secure and stable.‘  What was it that we needed in order for you to have a new exchange rate with lower note currency.  …Security and stability…

[Iraq boots-on-the-ground report]

FIREFLY: Television talking about how low inflation we have and it’s due to policies put in place by the CBI.

FRANK: Another screaming factor of a new exchange rate.  You can’t have a low inflationary rate at a punished sanctioned rate.  Everybody knows that.

I went away from Wells Fargo because…they were just being paranoid and misleading people by telling them a lie that it’s a scam.  But I knew Chase was a little bit more focused and willing to work with us.  They were also just as stubborn but around…January they started to tell us, ‘We don’t know anything.’  The attitude change.  Within the last two months I’m telling you I get more phone calls of people telling me, ‘You’re not going to believe what Chase just told me.  They know.’ Of course they know.  Everybody knows.  It’s not a secret.  The problem is nobody knows when.  Nobody know how much.  Actually we know more of, how much than we know, when.

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Mountain Goat

Article:
‘IRAQ TO BECOME ‘A MASSIVE SUCCESS STORY’

Quote:
‘We’ve been through the worst of it, and we finally see that Iraq is becoming really stable and secure…’

Samson (KTFA)

Article:
‘US confirms to Al-Sudani that Iraq will not be dragged into ‘regional escalation’ ’

Article:
‘Inflation in Iraq: Noticeable stability and slight decline in April’

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MilitiaMan

We’re invested in the Iraqi dinar.  We have a relationship with that country in the sense of investment...These guys have been where they were based off oil in the past.  They were at a significant era exchange rate. Today they’re at 1310…a triple zero stock ~ .000769.  Keep in mind when that project delete the zeros changes the value of the exchange rate they redenominate and they add a real effective exchange rate.  That’s what I’m looking for.

They know the Oil and Gas Law needs to be resolved.  What is it.  Change your exchange rate, give the valuation, cost of extraction of oil and get it done.  Are they waiting for that exchange rate to happen, that interconnectivity with all the other regional countries and everybody at the same time.  I would s*****t yes.

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Pimpy

Want to know how you redeem your money once the exchange rate changes and you’re ready to cash in your money.  Just go to your bank and exchange your foreign currency for regular US dollars.  That’s all you have to do.  There’s no fancy 800#s, no special centers, nothing like that. 

Fnu Lnu

The velocity of projects has picked up with hundreds of projects moving forward at a 1300 dinar to dollar ration (REER) and the world is lining up to get a piece of the pie.

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Breitling

The United States or the west doesn’t have the mechanism to say whether you can revalue or devalue or anything, the local currency.  

Source : dinarchronicles

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