Dinarland Highlights – 1.19.22
Mountain Goat
…There is nothing but good articles this period once again reinforcing the notion that Iraq must do something with their currency revaluation and do it very soon…There is so much news about the necessity to change the exchange rate of the dinar against the dollar to a higher rate to reflect the TRUE value of the dinar...
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MarkZ
[via PDK]
[Any news on the VND?]
Still expecting $2.25-$2.30…but the bank screens have been bouncing all over with higher rates this week.
[What is going on with the dinar. I am hearing rates as high as $36 – is that correct?]
I am not seeing rates that high…rates have been bouncing all over the place but I do not expect them to be that high in any way. I believe the rates bouncing all over is “testing the system” Keeping the QFS ready to go…Remind yourselves what Dr. Shabibi said years ago what the dinar could be worth. And look at all the articles coming out of Iraq saying they need to raise the rates and stop punishing the poor. That the dinar will soon be the strongest currency in the region. We do not know timing but we know this is real…I think we are in a current window right now.
… I am not really expecting any real solid news until we get our notices, which at this point could be 2 hours, 2 days or 2 weeks. I believe we are imminent and at “any moment”. Its exhausting and exciting here at the end…Right now we are seeing all kinds of crazy information, misinformation, smoke …everything we were told we would see here at the end.
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Frank26 (KTFA)
Article:
“State of Law: We Will Not Allow The Budget To Pass Without Changing The Dollar Exchange Rate“
What!?! Holy guacamole! …That would be Kazemi talking to parliament.
Quote:
“The general budget for the current year will not be passed in Parliament in the event that the dollar exchange rate continues as it at the present time“
…the CBI said if you’re not ready parliament, we are not waiting for you.
There’s just more and more and more that points in the direction of what we want. The Middle East ‘s currency basket will not accept a program rate. It will drag down the rate of all the other currencies in the basket and that’s the opposite effect of a basket. A basket is with powerful currencies that’s supports each other and increases the value…it’s not a secret.
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Petra (KTFA)
Whatever rate they come out at they need to defend it…based on those articles [Reference Guru Petra’s post from yesterday below] …about three quarters of a trillion dollars…That’s not dinars. That’s US dollars. It’s massive money…it really allows them to strongly defend a strong currency.
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Walkingstick (KTFA)
[via Guru Frank26]
The GOI/parliament cannot stop the monetary reform of 2022. You know who is in control and who is in charge of the Iraqi currency of the monetary reform right? The CBI. Parliament is powerless to stop it…but it’s important that we get parliament established for the laws that give us the budget and the white papers that give us the new exchange rate and the new small category notes.
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Nader From The Mid East
The CBI sent a letter to the government to work on the exchange rate not to change it to work on it…I’m sure they’re going to respond soon. They have to respond. It’s not the government decision it’s the CBI decision but the CBI cannot make a decision without the agreement of the Ministry of Finance…
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Bruce (The Big Call)
[via WiserNow]
…We picked up information today that looked very strong and it was some international information that looked very strong for us to be notified over the next 48 hours – and that was brought out…Monday…that would take us through Thursday… I feel comfortable knowing that something is going down on or by the 20th of this month…we believe that timing is very close…Let’s see what happens…
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Vital Brad
I believe that this currency is going to be reinstated at at least where it was decommissioned at – $3.22. I pull up the calculator – [for example] you have 900,000 dinar and it comes out at $3.22…that’s almost $3 million dollars...it all depends on what the rate comes out at what you’ll be able to exchange it into…
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Holly
…The news is, so much is brewing behind the scenes. This is a kettle keg waiting to explode. All is ready, all systems ready, all accounts funded. We wait for the final release and no one knows when that will be. It will come like a thief in the night...
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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