Dinarland Highlights – 8.10.21
…The white papers have nothing to do with Iraq’s exchange rate. White Papers are a roadmap of sorts to implement a private sector market economy.
[via Guru Frank26]
The monetary reform has to be wrapped up in the economic reform. Many article are proving it day after day…you can’t have the economic reform without the monetary reform first…the Iraqi citizens like that because they’re going to get jobs/because of their economic explosion/because of the monetary reform…Kazemi is talking about both reforms and promising to the citizens that it’s coming…
What’s in the White Papers? IMO the exchange rate…The White Papers are in the budget. Does the budget have the new exchange rate? Yeah. What else is in the budget? The HCL. Is the new rate used in the HCL? Yeah…
“The exchange rate of the dinar enters the electoral fray in Iraq“
They’re talking about the exchange rate again and they’re doing it because there’s an election coming up. This is perfect timing because the ‘good guys’ are telling the citizens about a change in the exchange rate and new currency coming out. Now the ‘bad guys’ are doing the same thing. Why? Because they want to buy votes…
I think this is an important piece that we are…seeing progress on the bond side. We know historic bond redemptions have to get to a certain level before they pull the trigger for us. At least that is what I am being told…and what everyone else in the game is being told. We will continue to watch it. So nothing negative today and we are still seeing movement. Slow, steady progress…the tortoise wins the race. Maybe August has been their target along and we were just overly optimistic it was happening sooner…Nobody knows the exact timing… Bankers are just living on a “stand by” mode on the currency side of this.
[will you be wearing the golden egg shirt tomorrow Mark?]
I hope to be wearing it but based on the progress we are seeing with the bonds I still think we have a couple more days to wait. But, it certainly appears to be very close. The perfect storm is raging around us.
At 1:30 pm EST Sun 8 Aug. progress began toward overnight lockdown of rates and procedures for all tiers and levels which would lead to payouts globally at all levels including Tier 4B this week.
We’re getting indications from Warka [Iraqi Bank] because they passed laws/set the infrastructure so they can do more international business with their currency. Not the U.S. dollar…their biggest solution is to add value to their own currency. They’re not going to come out at a super low rate because it wouldn’t fix anything…a currency that’s worth nothing, how’s that going to help Iraq?
Our military intel contact is confirming Mr. Fleming’s sources saying that the RV teams were working all weekend…His info is that …Mon 9 Aug the RV teams met and reviewed progress toward the release this week and our guy’s info is that at 12:17 pm EST a release was given to proceed toward the shotgun liquidity cascading event–his info is the roll out is still on schedule for this week…notifications starting exchanges by the middle to the end of this week…it is really coming now…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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