There are public statements about this being done by Thanksgiving. Our guys said between the 20th and the 25th, because that is when they get paid in Iraq, and they want to have the true rate when they load the cards. If this goes between now and Monday, we’re going to go in ...and they will push it as much as possible before Thanksgiving. From December 1, the currency exchange will be cut off until January 1...they will cut off exchanges during December. We don’t know because it’s the holidays, banking fraud or what, but that is what we hear the plan is, so far. This is what’s being circulated.
The plan includes a designated time for this get started between now and Monday (including Monday, because that is the final window option). No matter when it starts, they want to run everyone through by Thanksgiving, which is Thursday! I’ve told you that the international rate might go up, but in this scenario, that might not happen. They actually don’t want to put it on Forex until January (by preference), so they may be taking that option away from you. The biggest thing we are hearing in Iraq is that by 1st December those three zeros will be dropped off their currency.
This is their hurry-up-do-it-now plan, to bring us through and then cut it off until the New Year. I don’t know their justification for that. I hope everyone understands the process. It could be a great weekend and a great Monday and hopefully by Tuesday we’ll all be lined up at a bank somewhere. I want everyone to understand what we have been hearing, that after we exchange it may be stopped for the holidays and restart at the beginning of January.
TNT Tony Tweet:
Iraq is moving faster and looks to see a different country next week. All news since the call is great. The wknd isn't over. #wearethepeople