So the obvious things, should be obvious to everyone, right?
I’ve said all along there will be some obvious things that will appear for everyone, at the same time. The auctions stopping, the WTO attempt at ascension and restrictions lifted from their currency for international use. These will not need any guru delivery for you to know what has happened. They will be internationally recognized and accepted. So we don’t need these things to overstate the obvious.
12-1-2024 MarkZ There are a whole lot of folks that say all these things coming together means a rate change. I believe them to be accurate. Maybe these people are his “contacts” you know the ones that have been so accurate in telling you this will happen every month. There’s a lot of buildup for December 10th and this supposed “victory” day. Unless you see the other things happen before that, there will be nothing like a change in value to celebrate, They have “said” that auctions would stop by the end of the year, but Iraq is poor at best about implementing things. Let’s see if this really happens, if so, that would be real progress in the situation for economic change. But again, a lot of folks saying “things are coming together” doesn’t constitute real information.
12-1-2024 Samson Article: “Baghdad Governor: There is a positive impression regarding Baghdad’s nomination as the capital of tourism for 2025” This would be good news, except that the USD goes a long way for tourists currently with the exchange rate, which could drive some of that tourism. But, the key is that stability and security need to be resolved for tourists to feel safe about those trips. There should be huge strides made in that with Trump coming into office and attempts at peace in the Middle East.
12-1-2024 Guru Frank26 Not every bank is going to be able to do this. Not every Chase Bank has the ability because maybe they’re mom and pop bank. Certain banks have been designated to do this…People don’t realize there are places they can exchange...People are so scared, ‘I don’t know where to go...’ When this thing happens it’s going to be so hot… First of all, Chase banks are not mom and pop banks. With a presence in 48 states, they represent the commercial side of JPM. JP Morgan Chase is the largest bank network in the US with over 5000 locations. A little past mom and pop. I have reached out to my Chase bank, still waiting for a response for what their thoughts are currently about the dinar.
12-1-2024 MarkZ Article: “Parliament is likely to pass Personal Status Law during Sunday’s Session” This is one of the controversial laws they need to finish up. This along with the HCL are some of the last changes they wanted for their economic reforms or “White Papers”. In those reforms are Raising the value of the dinar! Unfortunately, in normal Iraqi fashion, Shafaq News/ On Sunday, several members of the Iraqi Parliament decided to leave the parliament in protest over the delay in holding sessions. A source from the parliament told Shafaq News Agency, “A number of MPs expressed their dissatisfaction with the Presidency of the Parliament and have left the parliamentary building due to the session being delayed for four hours beyond its scheduled time.” So no voting occurred as of this printing. As always, the Iraqi parliament talk a good game, but never make it to the fourth quarter. But let me guess, “we were waiting to see this accomplished”. Usual guru talk, usual guru outcomes.
We’ve made it into December, things are SUPPOSED to happen this month. But again, these will be things that everyone sees and that will be internationally delivered. We continue to wait to see the results. Stay strong.
BWM