Tuesday, September 24, 2024

LATEST FROM MARKZ, 24 SEPT

 MarkZ  

 [via PDK]   In Iraq: Pay attention to this one. “Al Alaq –We are constantly reviewing the deletion of dinar zeros and there are no restrictions on the balances in America” 

 That part “No restrictions” is telling us that Iraq is in charge of its own money. In this article when you do a deep dive in it -

 they are doing exactly what they did in Kuwait with the terminology and phrasing and telling us it’s time to remove those zeros.

 In Kuwait they greatly increased the value…they had to turn them in for lower denomination notes or deposit them in banks….

 Question:  So we have to exchange our 25k notes for lower denoms before we exchange?  

MarkZ:   No…That is how it worked in Kuwait.

The chatter is good and the news out of Iraq is steller. Lots of meeting going on between now and the 25th. I very much believe that the month of September is still very much in play.

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