Dinarland Highlights for September 13, 2022

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Dinarland Highlights – 9.13.22

MarkZ

[via PDK]

We have some key things happening in Iraq. “The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen.  What are part of the reforms?  A different value.

Many more reports tier 3…folks getting paid, but I still don’t have somebody that I feel comfortable telling all you guys that 100% they have spendable money yet. But we are still getting multiple reports on that front. We continue to hear very positive things out of Iraq.

Article:
The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy

We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.

[Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?]

[reference Guru Nader From The Mid East post 9-12-2022]

Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.

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Samson (KTFA)

Article:
Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries

Quote:
“…the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly.

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Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good.

FRANK:  All the telltale signs are there.  You can read the writing on the wall…notice how they focus on the reforms and they ignore the political non-sense.  That’s what the CBI governor just did…

Article:
Barzani’s party reveals an international move to stop the possible armed conflict after the forty

Who told you about the 17th?  ...Is there anybody that talks about the 17th?  No.  [Frank26’s boots on the ground contract reported last week that Sadr warned if the parliament was not dissolved by the 17th it would be doomsday – See Frank’s post 9-9-2022] …I don’t think we’re going to have the conflict that we’re looking for on the 17th going into the 18th.

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Pimpy

Until this [Seated government] mess gets cleared up you’re not going to see any real changes to the Iraqi dinar.  I know people don’t want to hear that…how are you going to change the value of the Iraqi dinar when you’re too reliant on oil to provide 95% of your government budget.  That hasn’t changed.  They were well on their way of starting to build the private and public sectors until this mess happened.

Now you can’t get a budget.  You haven’t formed a government.  You’re on the brink of civil war.  Although Iraq is benefiting from high oil prices –  They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way…the government...I know this is a rough ride but it will end one way or the other…

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Sandy Ingram

Article:
Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries”

This story was on the front page of a major news portal in Iraq…the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union…I am not sure what that statement means but…it looks like Iraq is sending a message…everything is okay…

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Kaperoni

If the Iraqi dinar is ever going to go up in value, it’s going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.

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Breitling

You’ve got to get it out of your head that there’s a group in Iraq somewhere that doesn’t want them to revalue their currency…which countries would not want Iraq to get into the Swift system?  That would be Russia and China.  So if there’s any negative news I haven’t seen any of it.  The dinar crowd is so small, Russia and China hasn’t put any effort or money into degrading Iraq’s chances…  

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Nader From The Mid East

Next week they’ll come out and say, Hey the reserve it’s at 90-95 billion now.‘  Be ready for that too.  The gold is going to go up by next week too…

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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