Dinarland Highlights – 8.19.22
“CENTRAL BANK OF IRAQ RESERVES RETURN TO LEVELS BEFORE ISIS WAR“
Oh…but the dinar is still just 1/6 of a penny…maybe some day you can brag about the rate of your currency reflecting its TRUE value…very sad what they are doing to the Iraqi people in delaying all this wealth that can derived from their currency if they only released it to the world.
…I heard …that “if” Iraq goes…then Vietnam would follow quickly – within hours to revalue theirs. They are major trading partners.
it still looks unsettled in Iraq…but it will look that way until the moment they flip the switch… They will release it…they are pushing to get it done.
…After listening to [Guru] Nader [reference Nader’s post below] and then talking to some contacts on the ground over there today…it appears what Nader was talking about today was the “kahones” of the Sadr crowd that want to have meetings with the CBI literally in the streets of Iraq. They want to do it publically and broadcast it…the discussion on the rate…They have indeed taken to the streets. They are expecting a new rate. The people of Iraq have rallied…this is going to be very interesting…The CBI and representatives of the government are now having this open conversation…not behind the scenes…but literally in the streets in front of the Presidential Palace. They are having this conversation in front of the people. This is huge…
Breaking news in Iraq.
“Iraqi PM calls meeting of senior politicians to end crisis“
It appears Iraqi leaders are working on a political roadmap without Al-Sadr… this is all over the global news. The existing Prime Minister Kazemi called a meeting…intending to find a solution to the current political crisis but here’s the kicker, al-Sadr was not in the meeting…
Nader From The Mid East
Sadr is asking to have another meeting with all the politicians but right on TV – like let’s discuss this in front of the entire Iraqi population. Sorry for my language, but you have to have balls to ask for that. This guy has balls. I like this guy. I’m interested…He’s right. This guy is going to fix shit. You know what? I’m gonna stick with him.
[Iraq boots-on-the-ground report]
They’re talking about the dollar exchange rate. They’re saying…need to strengthen the local currency and stop the auctions all together but say may won’t stop actions but sell dinar instead of dollar.
FRANK: On Sunday in the evening they started to talk to them about the Iraqi dinar reforms, the white papers and a new exchange rate and that the auctions are really not gonna necessarily stop, they’re just being changed…that’s exactly what’s going on.
FIREFLY: The dollar on the street is falling…since the Finance Minister resigned.
FRANK: And that is the plan of Kazemi and the governor of the Central Bank of Iraq…by cleaning out the infection that Maliki has been…your currency is gaining strength and the American dollar is falling. It’s not being manipulated anymore...
Parliament has been effectively neutered and will be officially “dissolved” and a date of early elections set. Maliki cannot overcome what is going to happen. Sadr will win this issue and the Kazemi government will likely be removed from Caretaker status to Emergency Powers status. At this time, the Kazemi GOI will be able to be portrayed Internationally as a fully functional with all powers government of Iraq. He will be completely, unilaterally and unopposed be able to enact all laws and or policies to move the country past the “Emergency”.
“Have y’all noticed the gradual drop in currency sales?“
August 8th – 88,900,000
August 10th – 30,750,000
August 11th – 19,800,000
August 14th – 49,300,000
August 15th – 13,750,000
August 16th – 72,650,000
August 17th – 25,800,000
August 18th – 19,700,000
The good news is the Central Bank of Iraq released an article…indicating that there has been some promising success with the economy and the GDP primarily as a result of implementing the White Paper.
“The central bank and the banking sector, the main financing and investment ring that supported the economy and protected it from collapse“
It is going to be interesting to see how they go international with a program rate. It will be more interesting to see if they go international with a real effective exchange rate though!!! They sure seem to talk about being in accordance with international standards. A program rate of 1,460 I am fairly sure is not in compliance with international standards or they would have already done so…
Bruce (The Big Call)
…one of our sources told us that we would be seeing some major activity and sort of an awesome almost like a revelation of things happening in the next few days…very possible that we get this thing started now through the weekend… we are very very close.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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