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Dinarland Highlights – 1.22.22
Mountain Goat
We are in a waiting mode. As many of you know the Federal Court announced on Wednesday 01/19 and adjourned the hearing for the e******n of the Presidency of Parliament until the 25th. This was a postponement of the plea to challenge the constitutionality of the first parliament session. So, I do not think we are going to see any action by the CBI in the project to delete the zeros until this is settled. We know this process will lead to the reinstatement.
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Holly
…Finally we have movement on the bonds….it won’t be long before we see more movement on the RV side. The bonds had to go first Now everything else can start.
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Frank26 (KTFA)
A dinar is a dinar inside the country but the goal of the CBI is to reach the Real Effective Exchange Rate [REER]
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Breitling
Am I excited? Do I think things are coming down the road? Absolutely. 100%…Here’s the thing, we talk about the past. We go back to the beginning of 2020 and they started talking about that they were going to reduce the value of their currency and just before 2021 came along, that’s exactly what they did…they were trying to lower the value of their currency to pay off debt…they paid off their debt with Kuwait. They were ahead of schedule…you guys know they want to add value to their currency…
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Nader From The Mid East
Today in the Iraqi TV news (it’s good news but I’m not sure what they’re doing) they said the rate is gonna change when they open the budget…But they keep saying to the “previous”. The previous for us it’s 1150, 1140, 1160 I don’t remember exactly what it is but they’re saying that. When they say previous it mean the previous like that one before, it’s correct? Maybe I’m wrong…I hope they talk about 2003 or 2002 when it used to be $3.35 – $3.40…everybody is talking about it too in the cafe this morning…even if they put it out at 1150 and it floats it will go quick…two or three month would be a $1.50 – $2.00 something like that.
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Bruce (The Big Call)
[via WiserNow]
…the Dinar…has an in country rate and is in really good shape and really for us we will have a different higher rate – we don’t talk about it in the actual numbers but you know we have discussed it in the past in terms of what Dr Shabibi had projected way back in 2012 ...it’s amazing and I think with what’s been going on it’s going to be that high or much higher actually –than he said…
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Vital Brad
Question:
“Why is this [the Iraqi dinar] not really well known? Why isn’t this mainstream?”
This goes back to the Kuwaiti dinar when that revalued, no one knew about it except for top government officials, top military personnel, people in the know...it was like it never happened except these people became very rich…that happened under George Bush Sr. The same thing was supposed to happen smoothly under George Bush Jr…I’m sure it wasn’t expected to go this long…the everyday person wasn’t supposed to know about this Iraqi dinar…
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MarkZ
[via PDK]
Yesterday we saw the article where Iraq says they are going to reinstate an old value…now on Iraq television last night and today…according to Nador who is from Iraq, say they are openly talking about changing to their old value. The question is which old value are they talking about…the move back to $3+ or the slight move back to where it was last year…or will they do the marginal move and let it float in the local market? At least they are having an open conversation now. We have always expected a lower rate in country…
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Wolverine
…This is it my friends we are finally on our way. I suggest to buckle your seat that in 33hrs we should be hitting warp speed…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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