Dinarland Highlights – 12.27.21
All Signs are Pointing to a Truly Remarkable Week Ahead...The 10-Day Plan, the IMF’s agreed upon brief delay for Iraq’s new currency launch; is still under effect in Iraq, set for the 26th or 27th. Of course, the IMF can always cancel, or allow continuation right before this revaluation begins, but all signs are pointing to this act truly taking place.
[Iraq boots-on-the-ground TV report]
FIREFLY: Economist on TV saying once Iraq clears Chapter 7 from their next request when granted Iraq will have control of their own currency, oil and economy. Then said 82 billion in assets will be released back to Iraq from funds held while in Chapter 7 making Iraq’s currency stronger and able to rise the exchange rate.
FRANK: That’s HCL. Wow.
Four weeks ago I expressed to you they just told the citizens they were no longer able to get three-zero notes from the ATM machines/banks. Remember that? They are in their meetings, the CBI & IMF and they are talking about the fact that the 5, 10 and 25 [Large notes] are gone and how they’re going to replace them…this is not open to interpretation any longer. This is a fact of the CBI…
[Iraq boots-on-the-ground TV report]
FIREFLY: Kazemi on news saying as the Iraq economy grows so will the rate of the dinar.
He’s talking about the dinar growing internationally…when you unpeg from the American dollar and go on par with the American dollar your currency will float internationally and the value will climb at that point internationally…to $3 maybe $4 rate…Iraq will stay 1 to 1 inside of Iraq for your purchasing power.
“You mentioned they need to sustain a 4% GDP to sustain their currency. They said the non-oil GDP was expected to have a 12% growth. Does that play into the 4% you’re referring to?“
Absolutely 100%…their internal GDP is up. International GDP, it’s not down, it’s Covid inflation…yeah their internal GDP helps that big time.
We sure are very close…News article out of Iraq…
”The Federal Supreme Court of Iraq decided to dismiss the appeal regarding the results regarding the results of the legislative elections.”
…the plan was for Iraq to RV once they had their government, once they had paid off Kuwait and had any sanctions against them removed. Well they had their elections challenged by an Iranian backed group…and that failed…this was announced in Baghdad today…and the election results will now be official…and Iraq has finished paying all of its bills to Kuwait… This is a key piece to me…I can tell you the larger 3 zero notes are becoming increasingly harder to find. They are pushing people toward the QI cards to use as they expect this event and releasing the lower denominations…many things are happening that we have never seen before….
I did get some good chatter from Iraq for the week. They are opening more and more border crossings. I reached out to my best redemption center contact and he said they are expecting things to move forward at sometime this week . They were not told any timing…just that they are working through logistics “post holiday”. I am guessing it means some “key people” are not back in place yet. I do know my redemption contacts have an early morning meeting tomorrow…do not give up…this is a “when” not and “if”. We have never been in the place we are in right now…Do not give up in sight of our goal…
We should start to see more tangible results at our level this week. There were just too many issues to resolve prior to Christmas to get this implemented. Things are resolved finally and I am hearing more people getting notifications. It’s happening and soon we all will receive ours too!
There are no cash-in groups…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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