Walkingstick
Question: "Why is the IQD the only currency increasing in value that we're seeing on Forex? It's taking off like a rocket." The investors. They're not stupid. They know. The investors smell the security and stability. But the real reason they have security and stability is because they have a new rate.
The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back...
IMO the monetary exchange rate has been monitored to deal with internal inflation in the country of Iraq. The RV phase of the monetary reform brought forth all the calculations in order to succeed with the citizens first...Therefore when they reprice the market in Iraq get excited.
"BANK STORIES" BY WALKINGSTICK & FROG VIA BEARDED PATRIOTUSA, 25 FEB
WALKINGSTICK
[Mr. IT Guy Bank Story]
My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back.
MILITIA MAN: My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals.
My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took it upon himself to call the branch yesterday. He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.
The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in after the revalue..
As soon as it hits Forex he's going to start making phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for those customs that are planning on leaving the establishment with large sums of cash...
MILITIA MAN: ...Is it a coincidence that this expert came out tonight and talked about deletion of the zeros? We're going to find out. It's pretty interesting stuff.
https://dinarevaluation.blogspot.com/2024/02/complete-mr-it-guy-bank-story-by.html
https://dinarevaluation.blogspot.com/2024/02/mr-it-guy-bank-story-by-militiaman-19.html
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-walkingstick-27-feb.html