[Iraq boots-on-the-ground report]
FIREFLY: Bank friend says he still thinks we’re going to see one more change to maybe 1166 or maybe 1000 then it will get good.
FRANK: I told you the very same thing that there would be one more exchange rate change before the final official exchange rate to start to float and then they can get it to 1166 and they can come out at $1.16 which is fine with me.
FIREFLY: Some kind of new edition of oil and gas law about to be revealed.
FRANK: When you see what this new addition to the HCL law is and you see that it is in position to be presented to the citizens then dog gone it that tells you there is a new exchange rate to give sovereignty to the citizens of Iraq…
Question:
“If Iraq goes to 1 to 1 are we also 1 to 1 even internationally?”
Yes, immediately, instantly. For example a 25000 note at 1 to 1 for you becomes…a value of $25,000.
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