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Thursday, January 21, 2016

MAILMAN17 UPDATE, 21 JAN

Mailman17   AS OF TODAY, IRAQ HAS 90 TONS OF GOLD IN ITS RESERVES WHICH REPRESENTS 4.6% OF THEIR FOREIGN CURRENCY RESERVE......

I WILL LET YOU READ THAT STATEMENT AS MANY TIMES AS NEEDED TO SQUELCH ANY DOUBT THAT THEY CAN MORE THAN EASILY BACK A 1-1.
 
THEY ARE RANKED 37TH AMONG THE TOP 100 NATIONS.  

ALSO, I FIND IT MORE THAN INTERESTING THAT IF YOU GO TO THE CBI WEBSITE AND LOOK AT THE NOTES THAT IRAQ CONSIDERS LEGAL TENDER AS OF TODAY,

THE ENGLISH SIDE SHOWS EXACTLY WHAT THEY HAVE SHOWN SINCE INCEPTION OF THE NOTES IN 2003......
 
AND YES, THE 50 DINAR NOTE IS STILL ACTIVE WITH NO SIGN OF THE 50,000 ANYWHERE.   

Mailman17   BUT WHAT IS INTERESTING, IS THAT IF YOU GO TO THE ARABIC SIDE SHOWING NOTES IT LISTS THE NEW 10,000 DINAR NOTE WHICH COINCIDES WITH THE ALREADY EXISTING 10,000 NOTE MANY OF US HAVE. 

 EVEN SHOWS YOU A PICTURE OF THE NEW NOTE. BUT NO NEW 50 OR 50,000.
 
MY TAKE ON THIS IS THAT NEW 10 GRAND NOTE WILL MOST LIKELY REPLACE THE NOTE COUNT OF EVERYTHING UNDER IT. INSIDE IRAQ...NOT OUTSIDE.   
 
IRAQ IS NOT WORRIED ABOUT NOTES OR NOTE COUNT OUTSIDE OF IRAQ.

I BELIEVE THAT NEW NOTE MAY BE THE START OF THE RELEASE OF ALL THE NEW SMALLER ONES AND I THINK THAT IS ANY DAY IF WE ARE TO BELIEVE THE RECENT NEWS.

 
FOOD FOR THOUGHT...... AND STAY POSITIVE...   WE ARE ALMOST THERE...   AS ALWAYS...THIS IS JMO.

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