Dinarland Highlights – 7.13.22
Bruce (The Big Call)
…I’m being told that we should…receive notifications in the next couple of days. And I believe our exchanges are to start either Thursday the 14th or Friday the 15th that came from a very, very high up source just today…Stay positive we are getting down to the wire…
What we…wait for is the announcement from the CBI telling us about the exchange process of turning in the higher three zero notes for the lower denominations and how it will all work. NO, this education process HAS NOT yet taken place I can assure you this FACT.
We got one major obstacle out of the way by having the EFSL published in the Gazette…This is where the Purchasing Power for the citizens lie. Do they have to wait to reinstate until the Oil & Gas Law is done? I wouldn’t explicitly say so. But securing this particular law can contribute to the citizens having PP out the gate from the onset of the CBI releasing the rate on the same day or week… Blitz Play coming up. IMO
…We know for [from?] the Supreme Judicial Council that the “necessary powers” have been granted to Kahdimi and we see evidence of that with the EFSL published in the Gazette this last week…the CBI has been imo given the green light. They have had stellar reports form the World Bank and IMF in recent past as well.
Some positive news coming out of Iraq.
“Al-Kazemi: Biden must realize the determination of the Iraqi people to solve their own problems”
In a nutshell guys – they have made huge progress. Seating the government should be done at any moment-which , we are being told, will allow us to move forward… I believe we are at any moment. There is a lot of chatter from the 16th to the 19th…
We are getting a statement from the CBI yet again that there will be 3-5 years before they change the rate. Nobody Panic….This is what we saw in Kuwait. This is interesting especially since it comes on the heels of them talking their economic reforms and the need to move their currency value up in order to force de-dollarization in the markets. They are sending out absolute bi-polar messages right now which is what we expect in the end.
This is exactly what we saw in Kuwait and China just before they RV’d. Why would they be printing and letting us know their lower denominations are ready if they have no intention of pulling that trigger. It is not a secret in their markets that they have printed lower denominations. Why do they tell us it will be 3 -5 years? Because they don’t want us to know the timing. Nobody panic. Just keep your eyes on the goal.
[Iraq boots-on-the-ground TV report]
FIREFLY: The CBI governor himself is being interviewed and he’s saying that there’s no justification to change the exchange rate. He’s saying that the current economic situation does not call for a change and he’s looking for confidence…he’s saying this could be the rate for another 3 to 5 years…it all depends on the economic situation. FRANK: How’s the economic situation? It sucks! Of course you’re not going to have an exchange rate.
This is from the Deputy Governor…listen carefully to his words. When the economic situation is better he will consider a raise in the exchange rate. That means a seated government … with laws, a new budget to improve the economic situation which is called the economic reform that can only be improved with a monetary reform first. But the conditions have to be right…we are waiting for the governor of the CBI to feel comfortable and he’s telling you he’s not comfortable until he sees a seated government under Kazemi. No one else.
“Iraqi tourists spent more than $100 million in 10 days“
“more than 500 flights were recorded during the first days of the month of Dhul-Hijjah until Eid, adding that more than 100,000 Iraqi tourists left Iraq during this period (excluding pilgrims). He explained that the exchange rate for one tourist, including transportation and accommodation fees, is more than $1,000“
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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