DINARLAND UPDATE, 17 JULY

 MarkZ

[via PDK]

From my Redemption Contact in Virginia…a very short, crisp…..”working Sunday”…don’t know what that mean yet.  Contacts still saying the 15th thru the 18th…In Iraq they are pushing forward…to be able to process some world class events…

Mountain Goat

Article:
“IRAQ: REVITALIZING THE STOCK MARKET”

Article quotes:
“…there is an urgent need to activate the role of the stock market as a mirror reflecting economic activity in the country“;

“It is said that the size of the cash block that is hoarded outside the banking circulation space amounts to about 70 percent of the cash issued “

Remember a lot of this cash is outside the country in our pockets and they won’t get it unless they reinstate the dinar and we can go to the bank and exchange at a rate we want as investors. Heck they sold us this currency in a time of need and now, as they are so rich, they have to pay us for it with a higher exchange rate.

Frank26 (KTFA)

If you’re fearful that all of a sudden you cannot exchange your Iraqi dinar anymore because the CBI says that they’re all null and void, the IMF has rules and regulations and one of their rules is you have to notify the populace of your time frame.  They cannot necessarily come out and say, ‘We’re going to float our currency.’ Without telling you how long they’ll float their currency.  Some countries don’t play fairly but I think Iraq has to because of the way they’re under the thumb of the IMF, WB, WTO and US treasury.  I think they’ll follow the rules and laws.

MilitiaMan (KTFA)

Sudani…asked to come to the USA and was denied. My view is he was told…three items to get to work on. He did. We now see the UST show up after. So, it appears an assessment was made as to where they were in getting this completed and likely found they were sitting on the ball on the side lines.. not good. Hence the arrests, the Rafadain Bank shake up, etc.. The level of focus now is fascinating to me. The IFC / WB still in town!!  Al-Alaq having had a progress report that looked good !