Dinarland Highlights – 6.29.21
It’s very clear to me the progress has been absolutely phenomenal. If you were to put on a chart the amount of conversation that has gone from the CBI…the last two weeks have been off the charts. And the right people are talking. Basically setting the stage…there is clear evidence that a campaign has been going on now for a little over a week, maybe longer. It’s talking to the citizens about what is coming…they have carefully and clearly and strategically been letting out information...IMO they are executing on a very tight plan.
Something like 95% of the [IQD] supply is out of country. 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks…a lot of people talk about having IQD, how many people actually have it? The average speculator has 250,000 IQD…So if they removed 70% of the money supply, plus all the ones that have been damaged just through wear and tear, ones that were taken by ISIS, ones damaged during the flood, that means the actual amount of IQD out there is very low.
Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I’m not saying that’s the rate. I’m saying now that is a more realistic rate given the fact that we know for sure now that the amount of existing IQD has been reduced by at least a minimum of 70%…this is great news. That means the amount of money in the hands of speculators is very low.
Tuesday RV News: I have many confirmations that our long awaited blessing is upon us…The meetings yesterday went well and the go was given. We are in the most optimal time for this to happen...I expect notifications by today or tomorrow.
Article, I’ve got a picture of it I was so impressed with it. I said, “WHAT!” Holy cow, they just told the world that they are making a change to their exchange rate. What have we been saying this entire time? The only reason the Kuwait conference failed was because they didn’t go Article VIII. Now the only reason those same companies, those same countries are pouring in is because they are Article VIII which is attached to the fact that they made a change to the exchange rate for their currency. For them to say it…oh my goodness! That was it!
…there is great expectations of bond redemptions today and tomorrow…If this is indeed to take place they need the RV immediately on its heels. Lots of chatter but nothing solid yet today. A lot of bankers who had left are now back in place…
…I was hoping to have something more solid tonight…I’m not hearing anything negative... I am hoping to have updates…tomorrow. Most of my group leader contacts are looking for Wednesday night into Thursday at this point. The news really is good and paymaster and group leaders are being leaned on to not give details.
…’program rate’ again. That is a made-up term that is misconstrued from the IMF Article IV Consultations. The exchange rate of the dinar is the exchange rate. It is not a program rate.
…[Guru] Mtn Goat thinks Iraq cannot float the currency from a ‘program rate.’…If and when the dinar floats, it will float from the rate it is at the time.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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