Dinarland Highlights – 9.30.21
Bruce (The Big Call)
…it would appear from what I have heard…that we can look forward to the rest of this week…Iraq has been a country which is finally been given their sovereignty – finally has a currency – that they have been able to set the rate on – and trade globally – that happened last Saturday afternoon into Sunday…
Iraq…had two separate bond offerings – over this past weekend…that is showing the sovereignty and the authenticity of the Iraqi Dinar in its ability for Iraq to offer these…very large bond offers with obviously a new rate on a bond that is gold backed by Iraq – and certainly their Iraqi Dinar is also gold backed…I think we can say Iraq is done and they have done everything they have been asked to do and the signing of the sovereignty and the sanctions that the USA Corp had put on Iraq have been removed – and they are rolling…I just know that we are all excited about the possibility of this going this week…
Iraq seems to be moving aggressively and forward in a very positive manner. We know that they are getting ready for the elections…about 12 days…less than a couple weeks. Let’s hope Al-Kazemi gets back in there and continues to to the great things that he is doing…
INCOMING…FROM EDDIE [Guru Firefly]: TV keeps talking today about the construction bonds and the relationship to the exchange rate keep talking about lowering the exchange rate we used to be 1160 and the way he talks sounds like to 1 he in other words is talking about a revalue without actually saying it but that spells out rv...
In Iraq I am still hearing they are planning on a new rate and lower denominations before tomorrow morning. That is still the goal from all my Iraqi contacts… Lets hope this is it.
Remember the article from yesterday that in Iraq…they have now legally upheld that all the transactions there on taxation, salaries and any oil purchasing is now to be done in the Iraqi dinar instead of Petrodollars!!! This is BIG…and it comes on the heels of the article stating the GOI supports a floating exchange rate for the dinar , meaning they are ready to allow the rate to float and adjust. Huge stories out of Iraq.
[Hypothetical] Iraq is going to go to a 1 to $1 exchange rate…if they do…it will be a LOP not an RV because there’s too much currency in circulation for Iraq to ever significantly revalue.
Thursday RV Update:
…All sources and even some I do not hear from often have said this is the week it all starts…
Let’s get on with our FACTS for this news period. It is all about the dinar exchange rate and managing it. This news about the exchange rate has been on going for months now and it is very good news. We have not seen this kind of news EVER since this investment began. I have been in it for 15 years now…we look forward to better days ahead for Iraq…My CBI contact still tells me that January 2022 period is planned for a major change in the exchange rate. I do not believe this major change is back to pre-devaluation Dec 2020 rate but rather a pre-1990’s rate of over $3-$4 and this would have to mean a reinstatement to FOREX.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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