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The MR...is in its infancy. When it happens...it will happen very quickly.
I believe that is what is happening due to the private meetings with Abadi and Trump, etc. and I believe they are past talking about the exchange rate. Trump has given Abadi some advice/direction on what to do inside of Iraq to help with the economic reform. ...the CBI made an announcement (on the Arabic side) of the CBI website. This announcement came out with great power to the banks ...but, this is OLD news.
The fact that they are telling us (at least on the Arabic side) is incredible. We believe that this announcement ...is extremely important...We believe this is a by-product from the Trump/Abadi meetings.
IMO...with this announcement...they have sped up the MR.
The speed...it will happen very quickly...once we have Mosul. Another thing...IOO ...they are telling the banks to DO THIS NOW...because they are about to be audited so they are ready to go INTERNATIONAL. IMO...the 1st quarter will finish the monetary reform.
The banks better be damn ready.
IN MY STRONG OPINION...the MR has been going on inside of Iraq for quite awhile ago. We’ve shown you many articles of how this is possible. Infancy is NOT the starting of the MR...it is in the stage that it is in right now... WALKING...taking it’s BABY STEPS...and soon...it will start WALKING VERY FAST!
The speed will pick up just like we told you.
BRILLIANT CALCULATED STEPS by Abadi and Trump! The East is done is Mosul...and 95% done on the West side of Mosul. Abadi said ...
I will announce to the world that Mosul is liberated at the Arab Summit.
Abadi is under the US control...not like a puppet ...we are a TEAM ...Abadi is a TEAM PLAYER...and when he returns back to Iraq...GAMES ON!
Last edited by Ponee on Tue Mar 28, 2017 1:55 pm; edited 1 time in total
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Frank you have been misleading people for years, everything you have said has gone no where, you sell dinar on your website still? PUMPER!!!!!
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Yeah, they're ready to go international as soon as they have an economy with a manufacturing and agricultural base that produces goods with an international demand so that people will want dinars to buy them with. First they need to defeat ISIS and learn how to live together without destroying their own country. Then they need to start building the diverse economy they need to create international demand for their currency. That shouldn't take more than 30 or 40 years if everything goes well.
Not necessarily...they could absolutely, positively go international at their current rate due to the USD peg. No way in hell they increase in value, but it could go as-is. It would hasten a redenomination, of course.@Sam I Am wrote:Yeah, they're ready to go international as soon as they have an economy with a manufacturing and agricultural base that produces goods with an international demand so that people will want dinars to buy them with. First they need to defeat ISIS and learn how to live together without destroying their own country. Then they need to start building the diverse economy they need to create international demand for their currency. That shouldn't take more than 30 or 40 years if everything goes well.
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I guess it depends on what you mean by "go international". I agree that the current rate isn't the holdup. After all, the S. Korean won is about 1/10 of a penny and it's #15 on Forex. When I hear the expression "go international" I take it to mean that the currency will be traded on Forex and held in reserves of countries around the globe so as to expedite trade with companies from that country. That doesn't describe any currency from the region around Iraq because they're all oil based economies, and their oil is sold for USD per the petrodollar agreement. That creates very little demand for the currencies. In the dinar community Iraq was thought to be in line to go the way of Germany and Japan post-WWII as a western-style democracy and market economy, but that is clearly not going to happen any time soon.
Look at Asia, not including the dong, all the countries has there own currencies, but they are almost worthless as the dinar yet the countries are doing well, that's because they use the USD, just like Iraq, matter fact Asia is doing real well. As the USD gains momentum, the countries will do even better, same way with Iraq, the USD is there milk & honey , so get over it folks, invest in the USA! Not a 3rd country, especially one that hates America, there oil is going to go down in price, there not ready for about to come, America will be completely energy dependent in 3 years or so.
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