Dinarland Highlights for April 26, 2022

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Dinarland Highlights – 4.26.22

Pimpy

The more I read about what’s going on in Iraq regarding the politics, the economy, the development, the stabilization, the little baby right here [New born foal wobbling to stand for first time] reminds me exactly where Iraq is.  They’re almost there just like a newborn.  They’re getting on their feet but it’s a little shaky…it just seems like we’re right at that doorstep…a little wobbly – at least they’re upright

I’ve said this time and time again some of the biggest problems we have with the Iraqi dinar changing in value is the fact that the government is not stable.  It’s filled with corruption, we have to be careful about civil unrest…we gotta make sure that Iran keeps their two cents out of the country, we gotta make sure the US keeps their two cents out of the country…

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MarkZ

[via PDK]

…there is a lot of misinformation being put out…they want you to throw in the towel, give up and walk away…Don’t do it…. I know the ups and downs are tough…but this is a “when” not an “if”.

I had an interesting call with a military contact this morning first thing…  They are looking for the implosion of the sitting government within a very short time…and they are expecting that to be the trigger...It came from more than one source…my military contacts think the implosion and the reset will be in the month of May. I am encouraged after my calls this morning…I’m not ruling out it could happen before…i was just telling you what contacts in the military are saying.

The chatter today has been fantastic… I think the 2nd through the 7th is going to be enormous… [we have had more news in the last 4 months from Iraq then the whole last 14 years for me…]  Yes we have…This afternoon news came out…  1. they talk about not needing the government sat and 2. Since the power to RV has been given to the CBI…they could just go ahead and dissolve this government…and move to a new style of government. The key point today is they need to move forward with their white papers. I am tracking down many rumors already of a 1 to 1 rate for contractors.

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Walkingstick (KTFA)

Question:
“We know that the RI requires a seated or recognized GOI. But, will it also [need] the passage of new laws and the budget by Parliament?”

THE READING OF THE BUDGET AND NEW EX RATE IS LAW IT’S A LINE ITEM IN THE BUDGET.  BUT…PARLIAMENT DOES NOT DICTATE CBI LAW THE CBI AND THE EXCHANGE RATE CAN BE CHANGED AT ANY TIME BY THE CBI ON BEHALF OF THE CBI.

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Frank26 (KTFA)

Article:
Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad

FINANCIAL SITUATION IS VERY GOOD BECAUSE THE MONETARY REFORM IS VERY GOOD…NOTICE FINANCE COMMITTEE GOES TO WASHINGTON DC LAST WEEK THEN THE IMF/WB GO TO BAGHDAD.

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Kaperoni

The dinar value is determined by the central bank and is based on Iraq’s GDP, currency in circulation and reserves…Until Iraq meets and accepts the conditions of IMF Article 8 most financial institutions will not do transactions in dinar. More or less Article 8 is an indication that their financial system meets  international compliance…Iraq can engage with any country or banking system throughout the world if they wanted to now. But most do not because Iraq is still in Article 14 which is in essence a developmental stage.

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Mountain Goat

I am still being told my the CBI that when the govt is completed and stable Iraq will complete the project to delete the zeros and then we know what comes next. So be patient…

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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