Dinarland Highlights – 11.14.21
Frank26 (KTFA)
[Firefly boots-on-the-ground Iraqi TV update]
FIREFLY: They’re on television again – CBI news. They’re talking about Iraq’s gold reserves. They told us they have 96.4 tons of gold in our reserves and Iraq needs a balance in the basket of reserves and currency…they keep repeating it I guess they’re trying to make sure we understand…
[Firefly boots-on-the-ground Iraqi TV update]
FIREFLY: …They’re saying that Iraq can return to the previous dollar exchange rate...
FRANK: Man this is happening fast! So now they’re talking about the RI?
FIREFLY: ...because the current exchange rate is hurting Iraqi citizens…
FRANK: …the education is louder and stronger and it is fast every day but more importantly it is from the CBI governor of Iraq praise God. That’s the only persons you’re supposed to pay attention to. If it’s coming from the horses mouth you are about to receive it.
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Kaperoni
the Iraqi dinar investment into a lottery ticket. [?] As if it’s something that’s going to randomly just increase in value. Everyone should understand that that’s not how monetary policy works… since they reduced the value of the dinar at the beginning of this year, there has been a significant increase in the supply of it in Iraq. 100 trillion dinars was stated by an economist just a few weeks ago. There is no way they can RV the Iraqi dinar.
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David M. Witty
Iraq expected to pay its last financial compensation to Kuwait by the end of this year for 1990 invasion. There is disagreement about how much is owed, ranging from $476 million to about $630 million.
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MilitiaMan (KTFA)
Article:
“International experts announce a new amount for the remainder of Iraq’s compensation to Kuwait“
Quote:
“...476 million dollars, while it is likely that the full compensation will be paid in the last quarter of this year…”
So it says, Iraq is likely that they will pay the last part of the compensation plan to Kuwait in the last quarter of this year. Well we are in the last quarter and have been for a couple weeks now…they tell us “previously” that the payment will end in the first quarter of 2022…Well, they moved it up to this last quarter and it has the potential to even have been paid by now or shortly here to come.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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