Dinarland Highlights – 5.29.23
Nader From The Mid East
They decided today to…tell us about new category. It’s gonna come out, the new money, the new currency they said. I hope they’re a lot smaller than the other ones. Remember I told you nothing would change before the currency changes. The currency changes you’re gonna see a rate change. The money, the currency, doesn’t change we can do nothing…
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Frank26 (KTFA)
The monetary reform, oh my word, it’s smoking hot. All the signals that are coming out from the right people are telling you the Iraqi dinar, the exchange rate, the new national currency is about to go boom, boom boom boom…
[Iraq boots-on-the-ground report]
FIREFLY: The news is telling us more than 2000 projects dated back to 2012 been waiting for 11 years will be passed and covered in this budget.
FRANK: There has been a lot of suitors that have been waiting to bust down the door just to get the first kiss from Iraq. She’s the prettiest girl in town. There are many things for your economic reforms that have been waiting on the sidelines…you can see them pouring in…it’s all because of the monetary reform that is allowing them to be protected, Article VIII, they know what is about to happen to the exchange rate via the monetary reform…
The farther we go into this the more I think these [new rate and lower denomination notes] are going to go neck and neck. I was thinking maybe we’ll have the exchange rate and then we’ll have the currency. Some of you feel we’ll have the currency and then we’ll have the new exchange rate. Well that’s kind of not very good logically. I’m feeling maybe we’ll have everything all at once together which would be the smartest thing…
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Clare (KTFA)
Article:
“After the recent amendments” .. Shafaq News publishes the 2023 budget bill“
Quote:
“According to the text of the budget…the financial revenues for this year are estimated at 134 trillion, 552 billion, 919 million and 63 thousand Iraqi dinars, by calculating revenues from exporting crude oil at a price of $70 per barrel and a daily export rate of three million and 500 thousand barrels and 400 One thousand barrels per day of the region’s oil exports, and the exchange rate for the dollar is 1,300 dinars.”
Question:
“Did the budget just get published? Does this make it official? Kinda goes away from rate before budget.”
THE 3RD VOTE TO MAKE IT OFFICIAL HAS NOT HAPPENED YET.
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MarkZ
[via PDK]
I did think we would have seen the budget yesterday. I have some sources over there that still say its done…they are still working on logistical things? Over the weekend they are talking about lower denominations again. About the importance of lower denominations and the importance of digital banking. They are giving us all the information for those paying attention. They are still educating people on the coming price change …On the rumor side: Some sources think today and tomorrow is still a “go” . Some think we will be in the banks before the 10th of June. No one knows the date or rate…but everything tells us how close we are.
Question: Mark do you feel confident the Dong is going to RV as well.
MarkZ Answer: I feel confident the dong is going to RV at the same time as the dinar. The overwhelming majority of banking contacts, paymaster contacts…Government contacts agree they will be going all at once.
Question: dong rate?
MarkZ answer: I am still hearing up to $2.25. Some people are saying .47 cents. Nobody knows for certain until we cross the finish line.
Article:
“Finance Committee suspends work until budget disputes are resolved”
Just stay calm…its purposeful misinformation. They are talking about their lower denominations and much more…watch what they do. Here is another great sign “Iraq boosts gold reserves by 2 % in a single day in gradual buildup” They are separating themselves from the US dollar. It’s happening guys.
Member Comment: If Nader can use his dinar based debit card anywhere in the world now…i think we have to be close. [reference Guru Nader post 5-28-2023]
MarkZ answer: Obviously they’ve done more then they are telling us…obviously things are happening.
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MilitiaMan (KTFA)
You can’t make this up…Lo and behold they come to an agreement to sort out the U.S. debt and then now the next thing is we’re seeing they [Iraq] are getting ready to sort out the 2023, 24 and 25 budget.
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RVAlready (TNT)
Iraq made amendments to the budget that Kurdistan didn’t like. Then, they amended the amendments. Now, there is a meeting to see if Kurdistan will agree. Typical Iraq-Kurdistan behavior. It could be all the news is just smoke.
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Sandy Ingram
Will we be allowed to exchange our IQD…? Probably. Will we be able to invest in Iraq and realize a profit on our Iraqi dinars? The answer is yes even if we have to hire an Iraqi company to invest or exchange our money for us. Is it possible that the currency will increase in value? Yes! It is more than possible. It may not be 1 USD to 1 dinar initially. It’s all a matter of time and strategy. Hold on to your Iraqi dinars..
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Walkingstick (KTFA)
The ATMs are on. They are active. They have been turned on. The only problem is the citizens aren’t using them yet… [Walkingsticks bank friend here in the US] bought 18 of them. He’s not in Iraq.
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Yada (TNT)
Article:
“Fatah deputy: The budget will be presented to a vote in the next two days, and we await the response of the Kurds to the framework“
…Reading the content, it indicates they can pass the budget now without the Kurds agreeing. The group of the Kurds they are referencing is a minority group and can be pass without them. But, the Framework, is giving them a chance to be a part of the consensus…We are there folks, just waiting for the minority’s response…whether they respond or not, will still get done.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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