[via PDK]
Redemption folks working a few short hours tomorrow. That does not mean we are redeeming this weekend…but it’s a good sign… We continue to get good news from Iraq…They are on a holiday from now until Thursday. This would give them a tremendous opportunity …and a lot of chatter in Iraq that they are going to take this opportunity this week to put things into place…Many indicators from Iraq about next week.
Mountain Goat
…according to my conversation with my CBI contact in Iraq… I was told that there is still concerns about the dollar and the smuggling of dollars out of Iraq…There is still work to be done in this area. It was also confirmed to me that the CBI did intend to conduct the project to delete the zeros sooner than later but there are obstacles to moving ahead that still need work.
Yes, there is always the possibility that the CBI could surprise everyone and they could suddenly push this forward. But…They have told me over and over again that when they get ready to do it there will be no secrets to the progress of the project to delete the zeros. This step will be announced and shown to the world… But here is the good news, The “secret” lies…in the redenomination in that the next step afterwards is the reinstatement and the liberalization of the dinar back to its “former glory”.
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