Dinarland Highlights – 10.25.21
Mountain Goat
Article:
“OIL EXPERT: IRAQ WILL ENTER ONE BILLION DOLLARS ANNUALLY IF THE PRICE OF OIL INCREASES BY ONE DOLLAR“
Boy, oh boy, I have to admit they are very good at hiding their numbers. Well so at $1 billion additional monetary reserves for every $1 increase in a barrel of oil then with and increase of $20 a barrel (additional $20 billion in monetary reserves ..right?) they are telling us they can reach over $100 billion in monetary reserves by the end of the year. I said by the end of the year… Could this be their goal all a long?
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Kaperoni
If anybody understands how Iraq forms a government, must realize it is not an elected prime minister it is political groups joining together to form the largest block which they then choose the next prime minister. Al-Maliki has been working diligently to form the largest block. This needs time to play out but to see Al-Maliki hosting meetings to form the largest bloc to choose the next prime minister (which he hopes is himself) is not what we want.
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MarkZ
[via PDK]
There is a tremendous amount of chatter about today right now… Today is a day to watch guys!!! …I have another source who is handling large groups tell me that we will not see it until tomorrow morning because reconciliation in banks is today…out of Iraq they still believe it is any moment. They have starting exchanging some of the lower denominations in the street. They have already issued the 10 dinar notes . I think we will see action there before the week is over based on Iraqi chatter… I am hoping to hear something big today. I am hoping to wear that golden egg shirt today.
[What are you hearing on rates?]
It does nobody any good to speculate on the rates. Nobody will know for sure until we get there…. I am still hearing that tha rate is $4.71 in Iraq . I am still hearing that if you are in the group 4b you will make a couple dollars over that in a contract rate. I am still hearing the low $2 range for the Vietnamese dong.
On my currency groups in tier 3 that were slated to go today have been put off until tomorrow.
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Breitling
Article:
“Al-Kazami advisors propose a solution to reduce the value of the dollar…“
People have sent me that headline asking do they really mean the dinar? No they mean the dollar. They are reducing the value of the dollar that means they’re adding value to their own currency. In this last election they just had… you had Sadr, you had Maliki and all these guys talking about how they are going to add value to the currency. What would that do to the value of a dollar inside of Iraq?
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MilitiaMan (KTFA)
Article:
“The 5 and (to) 10 thousand dinars denominations disappeared from the ATMs“
The information on the digital transformation that is upon is everywhere. The amount of top level work completed now is mainstream and straight from the highest in Finance in the world.They are openly talking about Retail Digital Currencies, digital cross border payments, etc..
Article quote:
“It also covers digital trade systems and fair and inclusive global governance.“
Notice they use the words INCLUSIVE GLOBAL GOVERNANCE!!! That is because the digital transformation is approved and on stage for all to see.. IMO there is nothing to stop it now.. Lets see what they show us next..
They [Iraq] talked Dinar digital currency today!! Why? Because it is reality ….. Imo they are further along than most actually get. Imo …The amount of data to suggest that…can be seen yesterday about the local digital crypto currency that took the street by surprise and was successful and we never heard of it.. …. They are more savvy than given credit.. imo
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Frank26 (KTFA)
Article:
“Generalization of the credit card reader on cash transactions”
CBI CONTINUES TO EDUCATE
Article quote:
“According to the Central Bank, one of the most important achievements in the payment systems in the Payments Department is the start of work to assess the readiness of the Iraqi payment system, in line with the international standards {PFMIs} of the World Bank”
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Petra (KTFA)
IMO..Iraq has been ready for 3 months…CBI Governor announced they were completely digital 3 months ago, but, needed to see the testing of the “mechanism” and they did…3 times …Iraq has already lit the fuse with the cessation and removal of the 3 zero notes…A vacuum has been created and “must” be filled soon or there will be confusion in the minds of the citizens …
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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