Dinarland Highlights – 10.28.21
Most have been quiet and have moved in position and continue to do so. All currency test runs done. HSBC will lead the process. US on full Alert for the redemption process…I will say we are close to our blessing. It is all getting ready to be at our level.
…We are moving closer to the end of this and the beginning of all things we have waited for…Stay the course. The best is yet to come…
“THE CENTRAL BANK OF IRAQ: A LIST OF IRAQI BANKS THAT HAVE OBTAINED THE CLASSIFICATION OF ACCREDITED INTERNATIONAL AGENCIES“
Why would they do all this work to establish their international banking ability and to get all these ratings if they did not intent to trade and use the Iraq dinar internationally?…It’s coming…
“After the IQD RVs do you believe the banks will exchange immediately or will they wait until the currency stabilizes?“
No they will trade immediately.
We are so close guys…there is so much happening…so much I am being leaned on not to say…I am still hearing great stuff…There is a lot happening that I was verbally asked not to repeat. I was asked to acknowledge that they consider this as an NDA. I am really not sure at this point what I should or shouldn’t say. So I am going to hold back today. I will share there is no negative news. All the news is very positive. It appears they are working through all the hoops. Dotting the I’s and crossing the t’s. I will leave it there for my own safety. It would really suck not to be able to exchange myself.
Don’t know if there was a hiccup or a hitch…but things still seem to be well underway. This juggernaut is rolling down the hill and rolling our way. I have reached out to contacts in Iraq today to find out if contractors were able to free up dollars…but unfortunately it was too late in the day…I did not get an answer yet. I hope to have an answer to you by tomorrow morning.
“If I exchange IQD in the first quarter will I owe taxes on the exchange in the second quarter?”
The taxes are due in the quarter you have the gain. For example: If you the exchange happened in February you have to pay the taxes due, both the federal and the state, by March 31st…
A new contestant has entered into the royal rumble and this is not one that you want to be playing. Guess who is making themselves known. Yep ISIS.
“The Diyala attack left a massacre…the result was 12 casualties and 15 wounded”
…we don’t want ISIS there. Iraq has taken big strides to get back on track. They have done great things to get back onto the international scene…this is just a small attack but let’s hope this does not escalate. I’m really troubled about what happened to Afghanistan…we don’t want that to happen [in Iraq]. We want stability there…
…I presume the questions are whirling around as to time and amounts? All I can say to that is they suggest digitization is upon us, so time is short.. As for valuations, that is a tricky topic as valuations depend on so many things. But, let’s just say they did tell us they want to go back to the previous era.. Well an era is a long time ago, not recent history. Glory days comes to mind.. Oil is not $45.. lol
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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