Dinarland Highlights – 11.25.21
We move ever closer to our goal each day...Everything’s ready to go just waiting for the final release code.
“Iraq Announces its Imminent Accession To The World Trade Organization“
We’ve been waiting for this. This is big. Once they are in there they really start becoming big players on the international scene…being in the World Trade Organization does nothing but help the economy as well as strengthen the dinar…
We’re still waiting to hear the results of the election and audits. Then we’re going to wait for the new formation of the government. Then the United States is going to be leaving Iraq. These are all major things. As long as some big huge terrorist group doesn’t go in there and overrun the country like we see in Afghanistan then we should be fine. Iraq will be getting their sovereignty back. They keep rebuilding their country. Keep investing in the private sectors, get away from oil dependency and stick to the reform papers because obviously it is working. As time goes on we’re going to see the dinar IMO go up in increments. I know everybody’s expecting an overnight RV or RI I’m not saying that’s not going to happen but most likely what’s going to happen is you’ll see the dinar go up in increments.
“BAGHDAD SENDS MORE THAN TWO BILLION DINARS IN FINANCIAL DUES TO THE KURDISTAN REGION“
So, the CBI sent payments to the Kurdistan region. Remember what I said that if they do this they will have to make these so-called loaded ATMs available to use. How can they use them if they are all filled with the lower of the lower denominations… So there is now a showdown coming. …are they really going to distribute the lower denominations? We will see.
[With Iraq having VND as one of their main currency for reserves wouldn`t VND go with Dinar?]
Dinar and dong will go at the same time is what I have been told. A few weeks ago my contractors in Iraq saw the rate of $4.71…..then we were told it would be $4.81. Now they expect the new rate will be out this month…by the 30th…
“Once this change takes place…have your friends indicated what the time frame on calling in the three zero notes may be? Are we going to have 30 days? 90 days? Maybe a year?”
We don’t know. We know that by standard it’s usually at least up to a year to coexist. I don’t think that is an issue because if it was our friends would have been told already and they haven’t…it would be very bad because you think you’re the only one that has dinars? Hundreds of counties have dinars in their reserves right now. And what you’re going to screw them all over? Iraq is about to become the Mecca of financial currency in the Middle East…they will coexist…
“Central Bank of Iraq begins to activate self-management of foreign reserves“
Iraq’s increase in foreign reserves since the devaluation last December and now the announcement of self-management of foreign reserves all points to a country coming onto the global financial platform…the increase in foreign reserves is a good thing, a really really really good thing…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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