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Dinarland Highlights – 8.7.21
MarkZ
[via PDK]
I have one contractor [in Iraq] that they contacted to renegotiate their contract. This happens whenever it gets close. They bring in the foreign contractors to refigure the rates in contracts for their employees and them.Figure the exchange rates from whatever country they originate from and the Iraqi dinar. So they have to adjust this… They have been brought in a handful of times to do this…. They had a conversation with him and said they needed him to be available to redo contracts Sunday or Monday to negotiate that rate. Most of them saw rates that were going to between $3.65 to the low $4 range when they brought them in before. Hopefully this time it will be the real thing and not just another fire drill. . .
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Rod Steele
[via PDK]
…in Texas…As far as the banks are concerned…they are not at the call centers or the exchange centers. They have not gotten an update either…Maybe that’s a good thing. Both Wells Fargo and Chase are both on standby.
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Frank26 (KTFA)
Kazemi and the CBI are telling the citizens, ‘we’re bringing out the reforms that we promised you. They told them that our oil is now ours. It’s a national oil law and we’re amending it into the white papers so that you guys can get your HCL. The new exchange rate is in there and you’re going to get everything we promised you‘…notice that he is supporting 100% of the reforms which include both the economic and financial reforms through the white papers…Kazemi and the CBI are about to explain to the citizens how all of this is going to come together with a new exchange rate and a new currency…I’ll be honest, I’m extremely excited.
Turns out we have an issue – the GCC. Gulf Cooperation Council – a political and economic alliance that consists of 6 Middle Eastern countries. Saudi Arabia, Kuwait, United Arab of Emirates, Qatar, Bahrain, Oman…they put their oil together…the GCC has approached Iraq and Kazemi and said they want them to join the GCC…one of the thing that came out is the GCC is telling the CBI we want you to be part of a unified GCC currency...we want your currency to be part of a basket…we’ll call it ‘The Unified GCC Currency’…one currency to represent all of us in the Middle East. What do you think Kazemi? No thank you.
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Walkingstick (KTFA)
[via Guru Frank26]
The new exchange rate is in the budget. It is in the White Paper. Even though it’s IMO It’s coming. This is the HCL. Why do you think Kurdistan keeps coming to Baghdad? The new exchange rate is already in the White Papers…citizens of Iraq are now going to be receiving not only a new exchange rate/more purchasing power but they’re also going to get the percentage of the HCL – The Hydrocarbon Law…
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Pimpy
If that day happens when there’s a RI or RV of some significance that is worth celebrating for, trust me it’s going to spread like wildfire. You’re going to hear about it. You just skip on down, go to the bank…deposit your money, pay off your bills and you’re good to go.
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Fleming
Our military intel contact said that his info is the same as Mr Fleming’s sources saying the following: …“Rates did lock down [early…morning Fri 6 Aug]. (That I know is true. Still not on [front] screens [only on back screens] in US.)…” The RV Team is still in a meeting right now [mid-day Fri 6 Aug] to determine the exact roll-out…He said Iraq is still a marker of progress and today Fri 6 Aug they announced in their meetings of the GOI, CBI & IMF that they are implementing the White Papers Economic Reform measures including the Dinar RV rate NOW;…He repeated Mr Fleming’s source, ”BE PREPARED!!!”
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BobTheTaxMan
You always want to reduce those taxes. My suggestion is if you only have a little bit – take enough out of it but if you want to buy that house borrow the rest of it. Right now the interest rates are incredibly low. I mean phenomenally low and that’s a heck of a lot better than paying hose outrageous taxes by cashing in your IQD…all in a hurry just to satisfy buying that house only to have it bite you in the butt.
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Mountain Goat
We will get an RV soon (the one we all want as investors)?I have to [be] honest with everyone reading this…The closest date we can project out is January 2022.There are some subtle hints from the CBI that they are working towards this date for a big change in the rate of the dinar. I do not want to start any rumors. Could this mean just going back to the pre- December 2020 rate? I will be watching this step closely and when I learn of changes I will let you all know.
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Breitling
They [ Iraqis ] are fine. They’re doing very very good. They are going to revalue their currency. They’re going to add value to the currency. And they better because one of these days oil isn’t going to be what it’s worth. And it’s coming and it’s going to be coming quick. They have an opportunity/a window here. They’re smart. They devalued their currency on purpose so they could get rid of some of their debt…nothing to worry about. Good news coming down the road…
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MilitiaMan (KTFA)
…Aside from any triangulation that has been done by me and others, and that we have gleaned from just about all 4 corners of the world, support that our event we are waiting for is just about upon us. Pointing out that the debt ceiling issue lately is real…They are to extend the debt ceiling by a couple days by doing another Bond Sale for Tuesday – Wednesday next week for 126 billion…Before I received the news article yesterday about that increase, I was called by a source. I was told there would be an additional allowance of time for things to take place and there we have it, imo that increase buys time. Imo we are seriously close now.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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