Dinarland Highlights – 6.4.22
Bruce (The Big Call)
I’m excited about the information that has come out indicating how everything is basically almost done and ready to go… our notifications could happen over the weekend but – it appears it will be on Monday at noon in every time zone – Let’s see if that holds up…
Oil price is $119.70 per barrel. With Iraq’s low extraction costs, they are raking in the bucks. This means a 2 million barrel supertanker holds about $240,000,000 worth of oil. Nice pocket change. Iraq exports 4.6 million barrels per day, or 2.3 supertankers worth per day, for a daily take of about $550 million per day.A pretty nice haul, at an extraction cost of about 3%. Plenty of profit to go around.
“Al-Kazemi’s Advisor : The governments measures will support the provision of oil in the markets“
He is basically saying the FSL on its own can cover 85% of everything that the budget of the previous years would have if it was approved including the 2022 Budget… if you don’t follow anyone else in this investment besides Al-Kazemi…It’s Financial Advisor Mazhar Saleh & Deputy Speaker Hakim Al-Zamili…
People keep asking me IMO how far do I think we are away from a rate change…even if we started getting on track right now, it’s going to be at least 2 years…they still have to stabilize everything. Now that’s not to say that all of a sudden one day they might make some kind of announcement and lo and behold the rate changed and I was wrong. That’s always possibility but I doubt it.
Let’s be realistic. No government formed. Making it illegal to have a working relationship with Israel. There’s no economic stability…People are starting to rise up…Sadr threatening war…right now they are benefiting from high oil prices but…Once the war between Russia and Ukraine ends there’s going to be more oil hitting the markets. What’s that going to cause? The value of oil to drop…you’re not going to see any increase in the Iraqi dinar because of this.
I’m getting more confirmation of whales traveling this weekend…They are being asked to sign strong NDA”s. Once they sign them we get nothing more out of them. They do not want any leaks on timing. But that they are bringing them in in such numbers with such severe NDA’s has me very hopeful for the very near future…
[Response to Guru Tivon below]
“Al-Kazemi’s Advisor : The governments measures will support the provision of oil in the markets”
I will admit, I am starting to think you are onto something here. I am not convinced easily, but you are doing a good job in doing just that.
“Economist: Iraq Is Able To Revive Its Economy Through A New Road Map“
They are clearly telling us they are opening up to the international world. The infrastructure build out will require it and they know. Once the new exchange rate or financial allocation is put in to motion, the flood gates of growth will ensue…the CBI has had a good report from the IMF and World Bank. Their Credit Rating is about imo to increase again. All tell tale signs of what is to come..
“Iraq is the second country in the world in economic growth during 2022“
“Statista”, a German company specializing in market and consumer data, the Iraqi economy will grow at a rate of 9.5% this year and will rank second in the list after Guyana…In third place comes Kuwait (8.2%), then India (8.2%), followed by Saudi Arabia (7.6%), then Panama (7.5%), Niger (6.9%), then the Philippines (6.5%), Falcongo (6.4%), And then Bangladesh (6.4%).”
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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