Dinarland Highlights – 10.8.21
The CBI has given no indication of an imminent RV as they have to first do the project to delete the zeros.
…they need to increase the note supply but not the money supply.
…They are SLOWLY converting the currency over [to lower denominations] …They will NOT just pop out a rate back on FOREX until the do the project to delete the zeros first. It just won’t work that way.
…They are carefully getting the larger three zero notes out of circulation but still must maintain the currency levels necessary to support the economy…Just so you know the CBI said they refer to the newer lower denominations, that we want, as the “smaller of the lower denominations”. So, lets watch and see what they do next. It is October already and I suspect they will launch the project to delete the zeros between now and December.
So, this week part of the latest…speculation was that the CBI had the banks load the lower denominations in the ATMs…such as the 1, 5, 10, 20, etc. No they are NOT! So what do I do? I call the CBI and ask them what they are doing…I got it right from their mouth. These are just more of the 250, 500 and 1000 notes.
…So, there is good and bad news… Bad news in that it is NOT what we are looking for in the process of deleting the zeros project, thus the revaluation. …The good news is the citizens are getting used to using these lower denominations and we all know the next step is to launch the 25, 50 and 100 notes but not until they can revalue significantly.
There’s definitely an interesting move that started today and to most people it might not look like such a big deal but for the dinar investors it is kind of a big deal…looks like we [US military] are now starting the process of withdrawing out of Iraq. Why is that a big deal? Iraq is about to get their sovereignty back…that is a huge step towards Iraq becoming a sovereign nation…it looks to me like they’re doing all the right things in order to do a proper RI or RV…I’m feeling very good about this. Feeling very happy…
“Comment from Washington on next Sunday’s elections in Iraq“
We’re…days away from the election and there’s nothing but buzz going on. I’m excited about it. I’m crossing my fingers and hoping that Al-Kazemi wins again and he continues this great move in the right direction. We’ll see here shortly…everybody and their mamma is watching this one…
Something is happening October 17th. Whether it’s the revaluation or not – What’s happening on the 17th? What is going on?
…don’t be alarmed by nothing breaking because they aren’t able to announce this publicly.
This is a 3 day banking holiday for us here in the US. We have always expected it to go on a 3 day weekend …I hope this is the one where we see it.
...my redemption center folks plan on being on call this weekend.
For those that may not be aware there are elections coming up in Iraq to form a new government and prime minister. This usually takes about 3 to 6 months to complete. So nothing is getting accomplished until after that time frame.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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