Dinarland Highlights for May 10, 2022

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Dinarland Highlights – 5.10.22

RayRen98 (TNT)

FED SOURCE SAYS, “THINGS ARE MOVING FAST“…BANK SOURCE SAYS, “IN MEETINGS ALL DAY“…CANADA SOURCE SAYS, “KEEP YOUR PHONE POWERED ON“…

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Walkingstick (KTFA)

[via frank]

[Walkingstick’s Iraqi bank contact update]

BANK FIRM: We have the delivery schedule of the new small category notes (NSCN) in our possession.

WALKINGSTICK: We know know ‘What’, the new small category notes.  And we know ‘where’, the ATM machines and the banks.  But what we don’t have is we need the ‘when’…the only detail missing is the timing of when they will sit a government and announce it in order to deliver the NSCNs and new exchange rate.  Once that happens, the reforms and the new exchange rate, and NSCNs and many other things that everyone and the citizens are waiting for will happen.

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MarkZ

[via PDK]

…there are a lot of rumors floating around out there that Iraq has gone with a 1 to 1 rate…  They have not gone 1 to 1 in the country. It has not occurred yet. Do they still talk about the NEER rate (Nominal Effective Exchange Rate) – yes they do but less and less often now…now they are discussing the restoration of the old value which was the mid $3 dollar range…this was discussed again this weekend in Iraq.

I am hearing lots of great chatter…Things finally started lighting up this afternoon on…the Redemption side…and the bank side…   There is great anticipation for the next 72 hours…there is a lot of excitement out there. There were some great developments in Iraq. I want to give full credit to [Gurus] Frank and Walkingstick for this…

[Reference Guru Walkingstick post 5-10-22 below]

After seeing this I chased down my contacts and they confirmed it. I am hearing the same thing from my contacts over there…

[Is the Iraq new rate I’d hidden in the Emergency Food Security Law?]

That is the rumor right now.  I am also hearing out of Iraq that the Food Security law is supposed to pass tomorrow, and then on its heels will be the new government and the budget. There is a lot of exciting news out of Iraq in the last 15-16 hours…We have great things coming out of Iraq about tomorrow…the chatter and the progress in Iraq has been phenomenal!

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Pimpy

Article:
PUK: Barham Saleh is a figure acceptable to the framework and the current”

Quote:
The Patriotic Union of Kurdistan announce the acceptance of Saleh for presidency of the Republic by the Coordination Framework and the Sadrist Movement”

Wow!  Something they could agree on…congrats to Saleh as long as he gets in there.  But we’ll see.  Remember the person that  actually runs the country is the prime minister…

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Frank26 (KTFA)

Article:
The Iraqi parliament is in the process of issuing a resolution obligating the government to submit the financial budget

FINAL STEPS FOR THE MONETARY REFORM.

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MilitiaMan (KTFA)

The process of seating the government and gearing for the 2022 budget is slated for from now through this next week…with what we have witnessed over the past couple years, months and even days, we have never been closer based off hindsight …imo…BTW…April 2nd, 2022 was the first Day of Ramadan. This is  about the time frame Sadr gave [40 days to form government] that gets it to the 10th of May per the Islamic Calendar. Sadr has summoned the FM and CBI Governor 05/12/2022.. I can imagine the CBI having a move soon.

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Sandy Ingram

Question:
If…Iraq opens up trading their currency why not fly there to Iraq and exchange with a group…?”

…This …is premature, however we can fly…out of JFK or Miami but no group account.  Everyone would need to handle their own finances…A “real” revalue of the currency would allow us to exchange the currency within the United States.  We would only need to travel if they printed new currency BEFORE a revalue.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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