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Dinarland Highlights – 12.13.21
Mountain Goat
…I know it seems very weird how they would devalue the dinar so much and then just 2 years later revalue it so much. It could go as high as over $4 if oil stays high enough by then…
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MarkZ
[via PDK]
[How many days will we have to exchange?]
I am told we will have 10 days to set appointments and 30 to 90 days to exchange…I plan on being done within the first 2 weeks.
There sure is a tremendous amount of expectation. There are some meetings this afternoon…It is setting up to be a very interesting day…my redemption center folks did work over the weekend even though it was only a partial day on Sunday. They are ready for this thing to go…They have been told they will be reporting to work to the actual centers all week. So, I think that is very positive news. At this point I do not think we are waiting until after the holiday season. I think we will be going in throughout the holiday season.
From Iraq side– Good article:
“The central bank reserves jump to 64 billion dollars and an important US decision is awaited by Iraq”
This tells us they are very much in the black and could pay Kuwait off at any moment and are prepared to release it to the world once they are allowed to pull the trigger. They are flush with funds and the rv could be released at any moment.
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Pimpy
Yesterday…[I was] talking about Iraq being in Chapter VII and if they’re removed out of chapter 7 what happens…the article was from 2013. It wasn’t about the year – I was trying to show the details of what the article said. The details are what were important because it explains what happens when Iraq is taken out of Chapter 7…that whole plan that’s laid out there actually is happening now. The highlights of this article was saying ‘Allowing Baghdad to regain control over its own currency…its return will not only revitalize the economy it will strengthen the value of the Iraq dinar and increase its purchasing power…’
Article:
“Chairman of the Committee of Financial Experts Abdul Basit Turki, revealed today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwaits compensation“
Could it be that we are one step closer to possible RI or RV for the Iraqi dinar? Yes! But as much as this is fun and we want to be happy I want to remind you to stay grounded. Until that money is in your bank account and you can see it in your balance don’t celebrate too early…there’s nothing wrong with being excited and happy that we might be one step closer to the Iraqi dinar exchange rate changing – Yes!
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Frank26 (KTFA)
I always thought that it would be somewhere between $3.86 and $4.25 but the more and more we’re studying some files we are now finally opening…Kuwait…told the IMF IMO you can help Iraq lift the value of their currency…but all the things that Saddam did against us – fix it. And that’s what they’ve been doing and paying them back. And then one of their clauses was when you do raise the value of their currency make sure that it’s very near our currency value. Their value right now is $3.32 so if you had a million dinars and it was that 1 to $3.32 you’d have $3.3 million American dollars.
Equation [ NSCN + NEXR = 2022Bud (wP) to the power of NEXR ] The new small category notes plus the new exchange rate equals the 2022 budget with the concentration factor of the white papers at the power of the new exchange rate. NSCN is the teaching/education in the year 2021. NEXR is at the beginning of the year 2022...what’s in the budget of 2022? The new exchange rate. What’s in the white papers of the budget of 2022? The new exchange rate...
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Holly
…We are seeing evidence that this is ready to happen and it could go this week. As I have said they would like it before Christmas. There is a chance it might not get done until the end of the year. And then there is still a chance it could go into January… There are things that can happen that we are not aware of.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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