Bruce (The Big Call)
[via WiserNow]
There are meetings currently going on over the next several days, and these are high, high quality meetings. Our top people, including President Trump’s, involved. Our top financial people, I would think our military, some generals, are really involved. …and they are determining, right now, as far as the latest update I had…when to let the notifications…happen, either Monday or Tuesday…and then we would go, most likely, the next day.
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MarkZ
[via PDK]
Comment: I am hearing a lot of chatter that Mon or Tues is our big day.
MarkZ: I am too…I am trying to stay calm but things feel good.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Secretary of State Rubio…is pushing Sudani. We know Trump sent him. We know what Trump is doing here in our country. I think your Trump is happy because he sees the constant advancement…He also warned Sudani about a proposed bill for PMC’s
FRANK: That’s multi-currency policy. You can’t do that. You can only use your dinar. Trump is pushing it. I wonder why…
FIREFLY: PMC’s would institutionalize the Iranian and harm Iraqis sovereignty.
FRANK: Trump is pushing this. You know what he knows. The United States of America is talking to the CBI about financial sanctions…IMO Sudnai has put himself in a corner. A corner where you can wear a dunce hat…be shamed. A corner where you turn around and nobody wants to see you…I hope he can work his way out of it.
The history of the Iraqi dinar…1932 al the way up to 1949. Guess what the value of the Iraq dinar was. $4.86.
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Clare (KTFA)
Article:
‘Secret meeting in Istanbul: Washington threatens new financial sanctions on Iraq’
Quote:
‘An unannounced meeting was held in Istanbul in recent days, bringing…the US Federal Reserve and a high-ranking delegation from the Central Bank of Iraq…The meeting came at the urgent invitation of the US to discuss critical developments in the file of financial transfers and Iraqi banking transactions…The US side informed the Iraqi delegation that new financial sanctions are under preparation, to be imposed on a number of Iraqi banks and financial institutions, due to what the US side described as ‘continued violations’ in international transfer systems and the failure of some Iraqi entities to comply with international guidelines to combat money laundering and t*******t financing.’
Article:
‘Unprecedented decline: The dollar closes at 138,800 for the first time in months.’
Quote:
‘The Iraqi Stock Exchange recorded an unprecedented decline in the exchange rate of the dollar against the dinar, closing at 138,800 dinars per 100 dollars, the lowest level recorded in several months.’
Article:
‘Mazhar Saleh: The Global Gold City in Baghdad will transform Iraq from a consumer to an exporter.’
Quote:
‘The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Saturday that the Global Gold City project in Baghdad represents a strategic step toward diversifying national income sources and achieving a transition from a consumer-led economy to a productive and export-led one.’Walkingstick (KTFA)
We’re at this point where Trump wants compliance. Trump wants Iraq to stop allowing the American dollar to be stolen. It is not just Iran that is stealing. It is also Iraq that is stealing. Call it the Iranian influence politicians inside of the GOI of Iraq…I never wanted to call it Sudani’s government that was also in cahoot and continue to allow the dollar to be stolen…The monetary reform is still marching on and it’s going to trample right over you Sudani.
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Fnu Lnu
Training is not going well according to my sources in Singapore. Uptake is slow and cohesion is in short supply. The Iraqi teams are resistant to the new methodologies. To be blunt, Iraq is being dragged, kicking and screaming, into the new world. You must be patient and balanced in the info you absorb…There is nothing to suggest that Iraq is ready for the change. The IMF states in the last report that Iraq is 1-2 years off from an RV…The illusive RV is still a target for the future but the reality is that it is still a ways off.
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Pimpy
Everything you need to know about Iraq is in a BTI report…political participation, rule of law, stability of institutions, political and social integrations. I mean everything…I know what we’re really looking for is ‘monetary and fiscal stability’. This report only comes out every two years. This is for 2024.
Quote:
‘The Iraqi dinar is pegged to the US dollar which has helped it maintain low levels of inflation…Over 90% of Iraq’s economic power is based on oil.’My gosh, I remember it used to be 95%. This is not bad but it definitely has to come down.
Quote:
‘The non oil revenue, services and agriculture sector saw significant growth with non-oil GDP increasing by 8.4%.’
This is the number we want to see continue to grow and grow and grow.
Quote:
‘Iraq’s significant reliance on oil makes it vulnerable to fluctuations in commodity prices…’
This is the one thing I was talking about…If you are 90% relying on oil sales to give you the money needed to run your country, this is not good. Because if the bottom falls out on oil prices your country is totally s*****d. We’re seeing that kind of happen a little bit right now. Not major…but when Trump got back in there, now we are once again the #1 exporter of energy. This is going to affect the overall market when it comes to oil…Increasing the non-oil GDP would be a huge help for Iraq… Their economy is doing pretty decent…They just need to maintain…This [report] will give you the overall idea…of what’s going on in Iraq and what to expect when it comes time to increase or decrease the Iraqi dinar. MilitiaMan
We all know at this stage of the game security, stability, sustainability is a big deal. It’s all about the money flow…the development road project…taking care of the citizens…getting these deals done – salaries, oil flow, Cyan Port. Source : dinarchronicles
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