5-16-2014 Intel Guru DC [via Adept1] The US finally agreed to accept the rate after a LOT of back and forth. It was put back in Iraq’s hands. CBI and Maliki wanted to do some last minute announcements, and they did some grandstanding that took up most of yesterday. Now, today, live rates have been popping up through the world since yesterday morning, even down to the teller screens in different parts of the world. They have been turning on and off all afternoon and evening. Through this morning, we have had folks checking in many different countries, and some have seen the rates at the CBI, at the bank level, and occasionally at the teller level.
5-16-2014 Intel Guru DC There have been announcements in Iraq but there have been too many in the past, and people want them to stop talking and get it done. They announced in the mosques that they were opening the banks at 6 to allow folks to do some exchanges and for lower denominations to get out. That has been successful, although it is stopped for the date because it’s late there. One friend did exchange himself in Baghdad, and others have reported currency at a higher rate. I think things look phenomenally good. They have so much that points to the fact that this thing is right upon us and expected to go down now. [Are all the currencies we’ve been hearing about in the first basket?] I understand all the currencies are back in the first basket now. [post 2 of 2]