EXCERPTS FROM MARKZ
MZ: I have a number of confirmations with people on the ground in Iraq that they are seeing some lower denominations in Iraq. They are seeing $500’s and $250’s . they have suddenly released a large number of them into the market. They are functionally pretty useless right now.
MZ: With the current pricing right now of the dinar, the $250 dinar note is worth about .19 cents US. The $500 note is worth about .38 cents US. Why would they suddenly release into circulation so many of these bills? Why do you need a bunch of notes only worth .19 Cents? You don’t .
MZ: Doesn’t it make a great bridge … a functional currency when the rate changes? Suddenly it RVs and a $250 notes goes from .19 cents to (lets say ) $25.00? that is a massive change in value.
MZ: I have some pretty excited folks from Iraq who say “this is it” and now all they have to do is release the even smaller notes which they already have. This $250 note being released should have you all excited.
MemberL The 250 is a bridge for when it revalues…awesome news.
MZ: Yes its functional bridge for when they change the value.
Member: Project to delete the 3 zeros must be close with more 250 and 500 dinar notes being released.
MZ: Exactly. There is no reason to release those notes unless a revaluation was happening soon. And they expect it to be done on or before Victory Day .