5-12-2015 *Frank26

[Vixen]

5-12-2015 *Frank26 [via FrostyTheSnowman] ~Going forward with the monetary reform, the budget, the salaries, the private sector...everything that is in line. First of all we need an credit update...a credit rating for the banking systems in Iraq. Did Iraq get it? YES! ...it is one of the first steps REQUIRED in order for a country to establish its own BONDS. Here’s the key...these BONDS are about ready to be released. The “GREEN-LIGHT” was not just to remove the 3 zeros...it was given to do the monetary reform process...basically to COMPLETE ARTICLE 8! The green light allowed them to do what they are doing finding ways that they can FULFILL their budget and explode the private sector, economy, bring in INTERNATIONAL trade. This is VERY BIG! There are TWO types of BONDS: 1- DOMESTIC BOND 2- INTERNATIONAL BOND (yeah!). These are not being sold in USD but IQD’s! Do you know anyone who is going to buy BONDS at the 1166 rate? (No!) ...these BONDS are about to go up in value from 1166 up to 1 to 1 (like the USD) but they’re going to go past the American Dollar over time probably within the next 5 years for sure. That’s why the DOMESTIC and INTERNATIONAL BONDS must be sold in IQD because they are going to go up in value. The value will only continue to go up... 1, 2 or 3 times its value in 1 or 2 years or overnight...It depends on the whales and the sharks. It depends on the international investors coming into Iraq. It depends on the people outside that are willing to buy these bonds. The World Bank has a huge delegation over there right now. I think it for the final touches for the introduction of the new rate. They got a new credit rating. They got the bonds set up. And all of this BEFORE Ramadan? (Yea...before Ramadan).