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Dinarland Highlights – 12.14.21
Frank26 (KTFA)
PSSSST…ANY NEGATIVE HUMANS OUT THERE…BEHOLD :
Article quote:
“In the face of speculations and warnings posed by international monetary institutions, regarding the Iraqi economy, the Central Bank had accumulated cash reserves of hard currency to 64 billion dollars, which makes it able to influence exchange rates and provide a comfortably stable economic environment.”
[Iraq boots-on-the-ground TV update]
FIREFLY: The news is saying Iraq reserves now are over $64 billion and they are saying to us they are awaiting a major decision by the United States of America which will have a significant financial increase for Iraq when this decisions is made…they are talking about Iraq’s hard cash reserves in Washington D.C.
FRANK: That’s just $64 billion dollars from the USA. That’s not their gold. That’s not their other precious metals. That’s not their bonds. That’s not any of their other assets…it’s way past that.
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Pimpy
I’m watching some interesting wording in some of these articles that make you go, man!?
…I keep telling people it’s going to go up in increments but a lot of these articles appear to be pointing at an RI or an RV and trust me when I tell you I don’t say that lightly because I don’t fall for that. I think they’re going up in increments...
Article:
“The central bank reserves jump to 64 billion dollars and an important US decision is awaited by Iraq“
This is one of those articles…which gives you the impression that they’re definitely going to do some type of RI or RV. One of the things that helps strengthen the currency is your foreign reserves. How much you have does play a big part of it…
Quote:
“an important U.S decision is awaited by Iraq.”
Like the removal of Chapter 7 hopefully? This is huge for the international reserves. That’s a big amount of money.
There seems to be some interesting movements happening that line up for a possible RI and RV. Now I don’t go out and pump hopium up people’s butts. I just don’t. I keep grounded… but what I was pointing out is it definitely looks like the chances of an RV or an RI have increased once Iraq is removed from Chapter 7…If you look at some of the news article that are coming out recently…you can see what looks like they’re preparing themselves for a rate increase. I don’t want to jump to any conclusions but it definitely looks like they’re heading that direction. Again don’t run out and sell your house, don’t sell your kids, don’t sell your mother. Calm down sparky. We have been led down this road many times and it has led to a dead end but there definitely has been a lot of good news that’s for sure.
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Sheila
[via MarkZ]
I would say that everyone should watch for notifications. No US combat forces are left in Iraq as of today.
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MarkZ
[via PDK]
It was very quiet overnight…Everything is ready, everyone is in place. Waiting for something key to happen… There was more news out of Iraq yesterday with the leaving of combat troops. We are in that “any moment” phase again. They are keeping everyone in place. They are keeping Redemption Centers staffed. It could happen at any second…that’s what I think.
…I believe they are setting us up as the perfect storm comes together with economic indicators…Whales arriving via private jets tells me we are very close and on the verge of it…For those that paid attention to Kuwait. Those that paid attention in China when they did their last revaluation… Iraq Article headline: “The central bank announces a preparation of the study of the currency structure project and warns about changing the exchange rate” So here we are in Iraq on December 14th and they are warning against changing the rate…yet…they are throwing out to wait for another year or so. Maybe in 2022 or 2023? But don’t panic guys…
…in Kuwait on the morning they revalued they ran a similar article on how they simply were not prepared. In China they did their last major revaluation in the 90’s. They came out with huge articles for 3 days that they were not going to revalue their currency…then they did it. To me that Iraq article is a classic misdirection coming from the central bank. They have been very busy educating the Iraqi people on the lower denominations and rate changes…and now they come out with an “international” story like this. …I think this is a fantastic piece for us to see. We expected to see this news as soon as it was ready to rip…IMO…They are setting up this week to have the event that we have been waiting for …I’m pretty stinkin excited right now.
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Kaperoni
Former Deputy Central Bank of Iraq Gov and current Prime Minister advisor Salih stated today there will be no change in the exchange rate of the dinar through 2022.
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Walkingstick (KTFA)
[via Guru Frank26]
Walkingstick’s friend that owns two banks in Baghdad came to the United States of America…because the CBI talked to him, ‘Would you like to have satellite banks with us? You’ve got this state [name withheld for privacy] go and do what you’ve got to do.’ …They came here to finalize the updating of the software in the private banks…IMO it will be functional in the next two weeks…this is part of the monetary reform phase…a lot of paperwork acceptance by the banks to accept MasterCard and Visa cards inside of these private banks…some of these ‘satellite banks’ have already done the downloading…it’s not for you. It’s for the Iraqi citizens that live wherever these banks are…
When his friend returns back to Iraq he will have to meet with the CBI to report to them what he did with the uploading of the software in the satellite banks that he represents ‘wherever’ in the United States and it is said IMO the next meeting will be for the discussion of the new small category notes that are about to be distributed. And wouldn’t it be fantastic if at this meeting (or before) Walkingstick’s friend was shown the currency sheet. That would be great!
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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