"RV UPDATE" BY PIMPY, 4 JAN

 Pimpy  

 Question:  "Can you give us more details to some of us who don't quite understand the deletion of the zeros...?"  

Here's where people get pissy because there's an article everybody keeps talking about, the study of the deletion of 3-zeros.  Pay attention to the wording.  It doesn't say anything at all about the exchange rate.  It says clear as day, the deletion of the zeros are to remove the 3-zeros off the currency, the bank note.  Nothing about the rate.  The bank note...It's not complicated...The worst thing that can happen for us is those suckers turn around and delete the zeros and then change the exchange rate...I'm not saying they're going to do that, but it is an option...Most likely they're going to change the exchange rate in increments...

I think you're going to start seeing the dinar go up in increments.  That's just my opinion and my feelings.  As they continue to get their ducks in a row.  Let's hope this happens...

 Question: "When you say, managed float, if it hits Forex tonight and comes out let's call it $0.22...if that thing shot up to $1.00 in 24 hours are they going to try to restrict it?"  

 There has to be more growth.  You would de-stabilize the economy.  They're just now getting on their feet.  The last thing you want to do is drop some huge exchange rate in their laps because it effects all businesses...there's a lot more involved.  I'm not saying it's not going to go up in value.   Obviously...I believe that it's gonna go up in value but I'm not a person that supports...we're gonna get a $3.22 rate.

Evening News with MarkZ, joined by Dr. Scott Young. 01/04/2024

FRANK26…..1-4-24……LET’S BANK ON IT

Jan. 3rd Recorded Program BY DAVE SCHMIDT

Indefinite Closure of Baghdad’s Green Zone: Implications and Underlying Causes, 4 JAN

 Indefinite Closure of Baghdad’s Green Zone: Implications and Underlying Causes

The Green Zone, a pivotal nerve center in Iraq’s capital city of Baghdad, hosting foreign embassies and Iraqi government buildings, has been indefinitely cordoned off from the public. This unprecedented move, shrouded in ambiguity, is significant as it not only disrupts the operations of diplomatic missions and the government but also hampers the routine life of local residents who frequent the area.

Historical Significance of the Green Zone

Historically, the Green Zone has been a hotbed of attacks, compelling the authorities to adopt escalated security measures. It is a space where diplomatic dialogues are fostered, and governmental policies are shaped, making it a crucial hub for both international and national activities. Its closure, thus, casts a long shadow on the smooth functioning of these essential tasks.

Probable Undercurrents behind the Closure

The reasons for the closure remain undisclosed, but such drastic measures are typically symptomatic of looming security threats or the anticipation of potential unrest. The indefinite nature of the closure implies that the authorities are dealing with a situation of uncertain duration, likely spurred by intelligence reports, persisting threats, or recent regional events.

Implications on the Ground

Though designed as a protective gesture, the closure of the Green Zone impacts the common man’s life in the area, who is accustomed to accessing the zone. It also throws a wrench into the machinery of embassies and government operations housed within the Zone. The closure sets a ripple effect in motion, the end of which is as uncertain as the timeline of the closure itself.

https://bnnbreaking.com/world/iraq/indefinite-closure-of-baghdads-green-zone-implications-and-underlying-causes/

"RV UPDATE" BY FRANK26, 4 JAN

  Frank26 

 Question:  "The war is likely escalating in the Middle East.  When Iran gets involved will this negatively affect the rate? the float?"  IMO the war is affecting more the relationships between counties in the Middle East...As far as it affecting the monetary reform of the Iraqi dinar that's in a sealed envelope...figuratively speaking.  It has nothing to do with the war.  Once that envelope is opened, it would definitely/probably have some cause and effect on the float, in the basket.  Because what countries are in those baskets?  Yeah, the ones that might be affected but I don't think it'd be affected in a negative way.  War has a tendency to (snap) speed things up.

  2023 was the year of preparation for the monetary reform to be revealed.  We are now in that position. We are now in the position that the monetary reform is being revealed to the citizens of Iraq.  One of the things that is happening, and I pray that it happens faster, is the value of the Iraqi dinar is going up every day causing the dollar to go down...down...down... Once they reach a certain plateau that they're looking for then they're going to float the currency.  That's why they've educated the citizens of Iraq about the float...

Iraqi Dinar update for 01/03/24 - Didn't they promise exchange rate woul...BY PIMPY