Dinarland Highlights for August 24, 2022

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Dinarland Highlights – 8.24.22

Mountain Goat

No! The RV did not yet happen and Iraq still continues with the election saga to form their government. One bit of good news is the leader of the Sadrist movement, Muqtada al-Sadr, suggested, earlier on Saturday, to conduct a debate and a live broadcast with all political partiesHanan Al-Fatlawi, announced… Sunday, the acceptance of the debate…If Sadr can clean out enough of the corrupt, if not all of them, and expel Iran out of their politics once and for all, you will see Iraq flourish.

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MarkZ

[via PDK]

Article:
Al Kazemi cut short his visit to Egypt and called for an immediate meeting

This is due to protests and the evacuation of the CBI as the Sadr movement has taken to sitting outside

Article:
Evacuation of the Central Bank of Iraq Complex in Baghdad for security reasons

…there has not been any violence… …IMO the media is blowing this out of proportion…but, imo we are getting close to a culmination of events there. Talking to people on the streets of Iraq …they are far more positive then what we are reading in their press. It is positive that we are coming to a forced resolution in Iraqi differences.

Pretty quiet out of the Iraqi side.  I believe they are still putting all the pieces in place. I think what I shared last night [reference MarkZ post 8-23-2022]  was a huge chunk as to what to expect timing wise…The article came out Aug 20 or 21st about the currency dealers. We do not know officially when the 50 days started. Those dealers got fined millions of dinar for trading within 50 days of a revaluation.

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Frank26 (KTFA)

The CBI is very busy as you can see with the articles with many banks around the world.  For a program rate No. No. No.  Strongly IMO to put these banks at an International understanding that the Iraqi dinar is about to go international.  Float.  And change its exchange rate and add value to it.  Deep in my heart  this is what I believe the CBI governor has been telling over 200 banks…all year preparing them.  

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Samson (KTFA)

Article:
Gallup Publishes A Poll Revealing The Extent To Which Iraqis Trust The Current Parliament

Quote:
Sunday, a poll indicating that the current Iraqi parliament has the least confidence, compared to previous sessions…The current parliament has the least confidence that any Iraqi parliament has had since 2006, as the percentage of Iraqis in general who trust it is only 12%, according to the latest Iraqi public opinion poll conducted by the Gallup International Polls….”

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Suzie

We have about a week for the banks to be “hooked up” internationallywill we and the people of Iraq who’ve been waiting on their purchasing power be dancing in the streets…..or do the dinars go back into the shoebox?

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Kaperoni

The reason the currency auctions in Iraq exist are twofold, one is to supply dollars to pay for imports because most if not all international banks do not accept Iraqi dinars as payment since the central bank is in IMF Article XIV…And the most important reason is to maintain stability of the exchange rate of the dinar because the dinar is pegged to the dollar. Therefore, the currency auctions have to exist and will not end until Iraq ‘s currency becomes more convertible worldwide.

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Walkingstick (KTFA)

[via Frank26]

[Iraqi bank gentlemen in US banks update]

2 gentlemen [From walkingstick’s old firm with 6 banks.  2 in Iraq and 4 in Jordan] went to their bank [in Michigan]. When the CBI makes a move…they let all the banks know.  Not just Iraq but internationally too...so the CBI IMO is sending the owners of these banks to their banks to prepare for the announcement of the reinstatement of their currency.  All of this requires an announced seated government… 

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Nader From The Mid East

…It’s gonna happen.  Just be patient.  Let the country calm down a little bit.  Let the government sit…a lot of things have to be done before this…Al-Kazemi…I think…60% he’s going to be elected 40% maybe not…

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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