Dinarland Highlights – 2.16.22
Mountain Goat
Article:
“AFTER PAYING ALL COMPENSATION TO KUWAIT… HAS THE IRAQI ECONOMY BEEN LIBERATED?“
Quote:
“Iraq must submit a request to the Security Council, in order to transfer it from Chapter VII of the Charter of the United Nations to the provisions of Chapter VI of the Charter“
We as investors have waited since 2004 for this and now it is here…Hurray!!! It is all moving in the right direction. Better days are ahead.
“WORTH $27 BILLION… AN “IRAQI – FRENCH” DEAL IS THREATENED WITH CANCELLATION DUE TO DISPUTES” Remember they also have a 500 billion deal with China and the “silk” road waiting in the wings too. Can it get any better? All they have to do is get the new government in place and make it an honest away from Iranian influence. Can Sadr do it? How can they possibly keep the dinar at 1/6 of a penny if these deals go through…
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Frank26 (KTFA)
[Iraq boots-on-the-ground TV report]
FIREFLY: Television now talking about the imminent release…from chapter seven…when that happens the United States of America can release sanctions from Treasury Department and you know that will free up Iraq to go on Forex and global.
FRANK: Precisely…these documents from the United Nations are all signed and they have been waiting. They are ready to go but they’re not exposed yet because Iraq has not seated Kazemi’s government yet…everything is still moving forward and you can see that…
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MarkZ
[via PDK]
Redemption folks that I know have been told they will be working this weekend. At least a half a day on Saturday, then on call the rest of the weekend. So, I think that is positive.
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Samson (KTFA)
Article:
“Three Countries Embrace $360 Billion Of Iraq’s Stolen Money“
Quote:
“…the total amount is estimated at about 360 billion dollars and deposited in Turkey, the UAE and Jordan…the UN Security Council urged Switzerland to cooperate with Iraq to return its smuggled money…”
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MilitiaMan (KTFA)
Article:
“After the barrel price reaches 95 dollars, will the exchange rate be restored?”
Quote:
“The current government is a caretaker government, and the political situation is turbulent, so it is unlikely that the exchange rate will be restored before the new government is formed.”
The CBI devalued the currency with the same government caretaker…it is not imo the main focus of the CBI. It may be a focus for p--------a purposes in the scheme of things, as past revaluations support that there is in fact a component of just that. Even Dr. Shabibi … mentioned that p--------a was one component of many.
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Bruce (The Big Call)
[via WiserNow]
…we understand that they have done what they said they were going to do with their government – they’ve got a current Prime Minister in place – they are going to keep I think – for right now anyway – and they have a rate that is out and tradeable…and supposed to make the Forex I think tonight…Iraq has said they are ready to move forward…That is all good news and I’m sure Iraq’s sovereignty is coming in to play… they are only waiting to put that rate out publicly… I believe we are on the precipice of this… I’ve been told… that this week is still golden for us – so we’ll see how that manifests …
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Kaperoni
Confuse[-sion] once again referring to UN Chapter 7 as the ability for Iraq to float their currency internationally. Chapter 7 has nothing to do with monetary policy which is guided by the IMF…The UN will probably recognize Iraq has completed payments to Kuwait …with little fan fare.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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