MarkZ
[via PDK] I am continuing to hear very positive stuff on expectations of a rate change. They are giving us dates from this weekend to sometime in the first week of October.
The Hydo Carbon Law...Its where they share money, profits, revenues from oil-natural gas etc…with the citizens of Iraq including the Kurdish region.We have been told for many years this is a key piece. And Very soon after the HCL was implemented we were told that we would see the dinar value changes.
I have had some whales reach out to tell me they have a potential for weekend travels. A number of sources believe it’s this weekend and others think between the 5th and 12th of Oct...Just stay calm and know things are quickly moving.
Question: When they announce the new rate in Iraq- will we get the same rate when we exchange?
MarkZ Answer: I am told when we go to exchange and use one of the “qualifying banking centers” in other words has the staff with special training and the special verifying equipment…
I am told our rate is “pre-determined” and we don’t have to pay fees and get better service…all of those things. My bankers still believe there is a bonus to be gained in the rate offered to us because of the “Oil For Dinar” program…and they will be offering us a higher rate.