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Dinarland Highlights – 9.8.21
Mountain Goat
Our RV news this period is VERY GOOD. We heard from the Finance Minister Ali Abdul Amir Allawi as he confirmed once again that the white paper “seeks to fundamentally change the nature of the Iraqi economy”. WOW! What good news this is!…This is the guy that is going to add support for the currency reform we are looking for. In other recent past articles he talked about the necessity to put the IQD out on a managed float on the global market place and he did reference FOREX itself. This was WOW news for me and so we sit and wait for his next move.
The RV is coming soon…The process has not changed as it was given to me (us) in 2011 from the CBI. First the project to delete the zeros, then the follow up of a reinstatement to FOREX.
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MarkZ
[via PDK]
Question:
Can we ask for the rates on the back screens?
I am told that the all rates have been pre-determined…they are set. Fees are set. This is part of the treaty and there is no negotiating. This is what I have been told and I believe it to be accurate.
Question:
Anything new about NDA’s?
I’m still hearing there may not be a NDA …But, we will not know for certain until we get there. I don’t think the NDA will be as brutal as everyone fears. And make sure any bank accounts you have are “non discretionary” so they cannot play with your funds while you are sleeping…trying to make money or take risks on your funds.
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NORV
[aka Guru Kaperoni]
…the auction are a BALANCE between dinar and dollar. That being so, there is no way to reduce the money supply with the auctions. Any attempt to do would cause one or the other currency market rate to change. They are trying to keep it stable, not cause further devaluation…when the exchange rate is stable, be assured it is because they have done a good job supplying one or the other to meet demand…And if we know anything, is that the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar.
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Pimpy
[Response to Guru Kaperoni 9-4-2021]
I’m aware of how many trillions of dinars they have…we know they created 55 trillion, says so right on their website. What I talked about is the fact that for 5 years they spent between $1 ad $1.5 billion of oil revenues buying dinar off the open market. No body knew how many of them they bought, how many were destroyed. We know they destroyed them, there’s confirmation of that…72% of the dinar was destroyed. Not the old dinar, this dinar that we’re playing with right now 72%…not to mention the amount that was burnt up and destroyed by ISIS and the number of dinars that were destroyed during the flood.
[Response to Guru Kaperoni 9-4-2021]
The truth is we’re not exactly sure how many is out there in circulation. But I understand what you’re saying. When I first got into this I was like there’s no way in hell, they have way too many of them. We know the United States is holding between 11 and 14 Trillion of it and we know central banks are holding on to God knows how much. There’s also private entities that are holding on to God knows how much….
[Response to Guru Kaperoni 9-4-2021]
I think the reason why it’s important for them to recover the stolen funds is so they can have a more accurate idea of how much is in circulation so they can decide whether or not it’s feasible for them to do a rate change that high. It’s possible they could come out and make some kind of announcement and do an RI or an RV but my feeling is they’re going to go up in increment whether it’s fast or large increments it remains to be seen…But yeah I understand what you’re saying. I agree there’s no way in God’s green Earth they’re going to make an announcement with 45 trillion dinars…72% of it destroyed, that sill leaves a lot of trillions so I get what you’re saying. I appreciate the shout out…
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Frank26 (KTFA)
They are not sanctioned anymore. I know they said when they pay it off [Kuwait debt] we will not be sanctioned anymore. They’ve already paid it off IMO. They’ll tell you soon. They’re not sanctioned. To have no restrictions on your currency – this is a state needed for an economic reform and you need the monetary reform before you can have the economic reform. It’s a fact of mathematics. To be released from their sanctions is not directly related to the CBI’s monetary reform but it is evidence that the CBI has made a change to their monetary reform…
These sanctions were a form of pressure for Iraq to pay its debt. That pressure allowed them and forced them to work with the IMF and the US treasury and the World Bank in order to change the value of their currency – to recalculate on the second set of books. It was successful. They are paying off their debt. They are Article VIII and that’s why they [International companies] are pouring in…
Article:
“Proposal to digitally reintroduce small denominations”
These NSCN’s coming to a bank near you soon. Didn’t [Guru] Walkingstick and I tell you they’re going to explain to them [Iraqi citizens], tell them, why they changed the exchange rate, why they stopped the auctions, why they’re coming out with new small category notes and show them pictures…This has been going on since June, July, August, September…
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Kaperoni
What gurus say on a daily basis is utter nonsense. Pushing, hoping, wanting them two make a change now is only going to result in failure. Resulting in a LOP re-denomination and removal of 3 zeros.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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