MarkZ
[via PDK] We have Sudani in New York and Al Alak (Governor of the CBI) is openly discussing deleting the zeros- which is kind of a first for him. And we have HCL movement in Iraq.
There is big stuff going on.
Article: ”Tomorrow the launch of employees salary financing”
That came out yesterday so it is today. Today they are getting paid. This is HCL (Hydro Carbon Law) stuff going on.
Article: “Kurdistan deposits nearly 100 Billion dinars of its non-oil revenues in the Baghdad Treasury”
IMO they would not be doing this if they were not done with HCL...Look for an announcement at any moment.
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.
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