Dinarland Highlights – 3.5.23
Breitling
One of the gentlemen I’ve known since I was a teenager worked putting out reports for…companies that invest based on policy. They don’t sit out the market and wait for something to happen. If a policy goes in…they follow that and they invest in it. How do you think senators congressmen get so rich? It’s though policy. They know where the next big thing is coming from. Anyways…I’ve talked to these guys about it [the dinar over the years]. It’s not that they didn’t believe in it, there was other investments in their mind that had less of a risk.
A couple days ago I get a call from one of these guys and he’s like ‘Hey, you still into this IQD thing?’…I’m like, ‘Yeah, I watch it and follow that stuff.’ He goes, ‘Cool, I just bought a ton of dinar.‘ He started telling me the strategy that Iraq had…Very very good news. We’re at a different place today. Sort of hit that reset button. Iraq is on a completely different strategy. I’m excited. The information I got was cool but I’m excited because this is genius what they’re doing and how they’re doing it. Hang in there. Be happy.
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Frank26 (KTFA)
Question:
“Can I go to a money changer center to change my IQD if I don’t want to go to a bank?”
I wouldn’t go to a money exchanger bank. That’s up to you. I’m not telling you not to. I wouldn’t because it’s too small. It’s like going to a kiosk at an airport. It’s too small. It’s like going to a credit union. It’s too small. It’s like going to a mom and pop bank. They’re too small.
It is possible they will introduce the budget at [1310] but it won’t stay that way for long because inflation will force the float to start in order to counter inflation.
…All the gold they have in their foreign reserves for your [Iraq’s] currency is the common sense that tells you you [Iraqis] are going to have a new exchange rate to match all of that reserve power…they are positioning mechanisms that allow the dinar to float. I strongly believe this month of March you are going to be shown the new small category notes and the new exchange rate that will go with it…
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MilitiaMan (KTFA)
International transfers, international withdrawals, international payments…you haven’t done that before and you haven’t done it at an official rate of 1460, 1190, 1310 or 1166. They have never done that. Never been allowed to do that. Why would they do that now a 1310? My view they won’t…all of this…is really fascinating because it means going from a public country to a private sector. It’s phenomenal.
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Henig (KTFA)
Republished Article:
“Global gold: Central banks buy 30 tons of yellow metal and Iraq maintains its rank“
Quote:
“Iraq maintained its classification of 30th globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July by buying 33.9 tons of gold, to reach its possession of gold 130.3 tons, which represents 8.6% of the rest of its other reserves.“
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Walkingstick & Frank26 (KTFA)
The explanation of the new exchange rate with those new small category notes is all going to come out in articles first. IOO that’s the next phase/step in the process of the monetary reform education…then you’ll see it physically on the CBI website, on markets across the world as they trade with it, you’ll see the rate and you’ll see as it floats.
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Clare (KTFA)
Article:
“Democratic: semi-final agreement on the share of the Kurdistan region in the budget“
Quote:
“The Kurdistan region demanded 17%, and the federal government set a rate of 12.67%, before agreeing on a rate of 14% to proceed with the draft budget“
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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