Dinarland Highlights – 9.21.22
I am being told by my finance ministry contacts there that things are moving very quickly in Iraq finally for values…lots of deals being cut so they can move forward… If they change the value before the RV it would be in fiat. They have a mechanism in place called a Nominal Effective Exchange Rate…where they could go with a partial increase in their value and the last rate I heard –if they do this is $1.60 US… I still do not think that is going to happen.
“Al-Kazemi arrives at the United Nations building to attend the opening of the General Assembly“
“The former president of “SOMO”: The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank”
“…all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits.”
SDR and the IMF what they’re doing is historical…this is amazing…that action with these European banks using IQD in their banks means the IQD is sanction free. It means there are no restrictions on the Iraqi dinar. It means the Iraqi dinar can be used to buy sell and trade with it internationally even if it’s at a program rate…And if there are no restrictions…it means they are Article VIII. Article VIII means no restrictions on your currency…
We know Al-Kazemi is here at the United Nations and he almost appears to be politicking or campaigning is more like it. Al-Kazemi has taken the time to meet privately with a few leaders of different Arab nations who have guaranteed Al-Kazemi of their support. This is good for him. I’m not sure what that’s going to do as far as whether or not it guarantees him to continue as a Prime Minister although I think he should…
The Continued Election Saga…what do I believe will happen shortly to make everyone happy? The most likely proposal will be to leave Al-Kazemi and Saleh in office in a “temporary” government not a caretaker government with full powers. How do I know this? A member of the KDP’s negotiating delegation stated that the next government should have full powers, and that preparations should be made for early elections. How does this effect our ability for the CBI to complete the currency reform and reinstate the dinar? The best guess I can make of the timing of the reinstatement is that the CBI WILL NOT ask to reinstate the dinar this year and will wait and see first how this all pans out.
If it does move quickly I feel they will conduct the project to delete the zeros and we will see articles telling this they are moving ahead sometime in later October through November. Then they will be ready for the reinstatement back to FOREX in early 2023, which is in their White Paper plan and is the next move in their project to reform the economy of Iraq. I believe the US, IMF, World Bank and Iran would go along with this plan. Having Al-Kazemi and Saleh in place and continuing with “full powers” gives them to opportunity to do so. It also creates the security and stability needed.
I feel in my heart Iran will not cause a civil war. I believe they want to do business with Kazemi and Iraq because they are in need of financial help badly and because they cannot steal the money anymore and their money sanctioned and worthless they’re trying to make business with Iraq and Kazemi.
“The Central Bank announces international cooperation with Iraqi banks”
The Central Bank of Iraq is connected to international banks from around the world because they are about to introduce a new exchange rate. A new currency. A new banking system. A reinstatement of their banking system. We told you they would tell the citizens and they are.
“Why are we hearing about a possible civil war in Iraq?”
Yes, Iraq is going through a major political crisis. Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah…2.6 million are from Iran…we cannot be sure what will occur once people return to the reality of their daily lives.
When I look at Iraq it’s authority only. What’s the banking system doing? Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They’re talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line…just follow the policy and you’ll be very happy.
Bruce (The Big Call)
…in terms of our notifications…it looks like we got pushed maybe another three or four days…so it could actually be…the weekend…we thought we would be going with notifications… starting probably Thursday – But at this point… To me, it’s up in the air…Let’s keep an eye on the next several days especially the weekend…it’s really an amazing time for us…amazing for us to be here where we are be part of this…
When you see the SDR and the IMF walking hand in hand together – oh, buddy! That’s not the way it used to be. That is a huge step...
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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