Dinarland Highlights – 12.2.21
[…do you have any info how the RV is going to be in Europe ?]
we expect it to roll out just like here in the states. Only difference I am told is bank branches will be used as redemption locations.
The contract rate is what we call the rate we will get from the banks. There is a program called “Oil For Dinar” so Iraq can pay over time the countries that aggregate the dinar and then turn it into Iraq in exchange for cheaper oil per barrel. These nations will receive oil at a steep discount in exchange for our dinar. So, in a nutshell they can offer us more for our currency then the regular street rate… Because for example the US or UK Treasuries will then use our dinar after its exchanged and give it back to Iraq for a greatly discounted, cheap oil. And this allows Iraq to pay for its RV over time.
I am getting mixed signals…Out of Reno I am hearing we have a couple days delay …I don’t know what that means as far as timing. Does that mean it should have happened a few days ago? Is it tomorrow? or Sat? Im not sure…. But from my Iraq sources I am getting tremendous news…one more round of education releases from the government in the next day or so and then they have a “Full Blown Release”…
“THE MINISTER OF FINANCE REVEALS THE POSITION OF THE INTERNATIONAL COMMUNITY ON CHANGING THE PRICE OF THE DOLLAR AND PROMISES ABOUT THE 2022 BUDGET“
Everything I am hearing and seeing in the news from Iraq is now telling me that there is a very good opportunity to reinstate the dinar in early 2022 with possibly the project to delete the zeros in mid to late December 2021. Yes, it is looking real good!
[Firefly boots-on-the-ground Iraqi TV update]
FIREFLY: They just told us all foreign troops including the United States of America troops will all be gone from Iraq… They told us the reason why everyone’s leaving is because we have full sovereignty.
FRANK: Wow. Stop and think about it the only way that you could raise the value of your currency is if you had security and stability. We talked about it…Dr. Shabibi talked about it…
[Firefly boots-on-the-ground Iraqi TV update]
FIREFLY: Many of us are upset that the exchange rate has not changed yet and more and more are protesting and speaking out. ‘Need a change’ is the word on the street.
FRANK: …the governor of the CBI is doing a good job of educating you isn’t he? And you know that…your country is so rich that the concept of changing your exchange rate is actually an afterthought…
We’re just waiting for the courts to ratify the election so that Sadr could continue working on developing this government. So, so far so good. It’s looking like things are falling into place. We really want to see Al-Kazemi in there. I’d love to see him continue to do the great work that he’s doing and do what it takes to make sure that Iraq is back on track and their people are prospering.
We do have a lot of changes that have happened in our tax situation and it’s still under flux…We are moving from a conservative to a liberal administration with changes in attitudes, goals, and especially taxes! Under the previous administration we had the attitudes and goals that favored our IQD investment…The current administration’s attitudes and goals favor limited retirement, capped charitable sharing and increased taxes for those making over $400,000 per year. I want you to remember that the political pendulum swings both ways…currently it’s swinging to the left.
It doesn’t mean it’s going to stay that way forever…this is…normal…don’t get too excited over it…crying over spilt milk…doesn’t do any good for anyone…let it go. Realize this is where we’re at now. We’re facing some challenges and some changes that’s going to have some effect on our IQD investment plans…Your personal financial ship is up to YOU…you are the captain of your ship. Your preparation, implementation and the results of what you do are yours. Understanding …changes in policies…the world of taxes is the key…and the hopeful plans we have for our financial future in regards to the IQD…
My sources have all said things look very promising for the final release to be entered. We are in an any moment any day situation. No one will know when it happens, it will just happen.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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