Dinarland Highlights for July 31, 2022

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Dinarland Highlights – 7.31.22

MarkZ

[via PDK]

They know how much money is in circulation….We are already figured  into the equation for when the currency changes…they have figured in a reasonable rate for currency printed when they change the value…I have had way too many people involved in this that tell me the rates are set…rates are pre-negotiated…everything is all worked out to give you the maximum rates…I believe it…

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Pimpy

It appears the crowd might be getting a little bit bigger over there in Iraq as far as the protesters are concerned…you’ve got a little Battle Royale going on between Sadr and Maliki…people ask me about our investment?  What do you think it means Nothing is going to happen while this is going on.  You have to have stability in the country.  You have to have stability in the government…this is not a good situation…as long as this continues to go on nothing is going to happen to the Iraqi dinar…

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Nader From The Mid East

I hope it  [demonstrations/ protests]  stops this week.  I hope they come up with a solution…Maliki has a big crowd…who support him so can create a big civil war and that’s not good.  I hope it doesn’t happen.  I don’t think it’s gonna go there. 70% will not happen.  The other 30% of chance can happen.

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Frank26 (KTFA)

Kazemi has been using the new exchange rate IMO all year from the CBI…Kazemi had to tell [the citizens] that there is a new exchange rate… [to] stop the protests

[Iraq boots-on-the-ground report]

FIREFLY: CBI talking about new platforms and new technology to
connect internationally
…The CBI governor [met] in France meeting with the CB governor there…this will be part of the enhancement of the CBI’s new technology going forth internationally around the world.

FRANK:  Yes…France is launching the Iraqi dinar towards the European theater…not at a program rate.  This is very significant.

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MilitiaMan (KTFA)

Article:
Iraq signs a memorandum of understanding with the United Nations on the digital transformation project

The CBI has hooked up to at least 3 key links to entities within the GOI for communication…It looks like we are in the  READY, SET, GO… mode! …I imagine that the go part would be simultaneously with the FX. We surely can see the writing on the wall now.. imo

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Tivon (KTFA)

Purchasing Power for the citizens will come regardless of a new government or budget. Why do you think they have already completed the new salary scale?  Because the EFSL covers what? All Contracts & Procedures. Not the GOI.  Not the budget. At  least for this year.

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Jeff

At the end of the day Iraq cannot go international if the rate remains below zero…it is a reinstatement.  That means put it back to where it was in the $3+ range.  Iraq has to put their rate back that’s comparable to the region.  None of the other middle eastern countries have a rate below zero.  Some of the lowest rates in the Middle East are maybe down around where Saudi Arabia is – around a quarter.  That’s the low side.

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Samson (KTFA)

Article:
The New York Times: Oil prices may rise to $200 a barrel

Quote:
new sanctions that the European Union and Britain have agreed to impose on Russia by the end of the year are likely to push up oil prices”

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Walkingstick (KTFA)

[via Frank26]

An international float of the Iraqi dinar will not be less than on par with the USD.  Why do I say that?  Because I think the 1200 is a bunch of bologna.  It came from bologna…the IQD will never commence at a program rate of 1200…it can’t happen.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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