Dinarland Highlights – 5.30.23
MarkZ
[via PDK]
The term “redemption center” may be throwing people off. Here in the states I believe about 95% of redemption locations will be at banks that are set up for it with people trained to exchange foreign currency and equipment for verifying currency. When I say the term “redemption center” it just means a place, branch, bank, location where we will go and exchange. I expect it will be the same in the UK and the rest of the world as it is in the US.
A lot of people sitting and waiting on “go” and sitting at the edge of their seats. Out of Iraq I am hearing they have made progress with the rubber stamping of the budget…and the final vote is expected tomorrow on their budget…But again, there is conflicting articles from their media which is to be expected. When you look at China, Kuwait and other RV’s around the world –misinformation is to be expected…
So I am trying to keep myself reined in with this news today…It’s exciting …hope it plays out…I am hearing that this month is still very much in the target. Meaning there is a possibility of notifications and announcements tomorrow…That is the rumor. I am stunned at the number of well connected sources that believe this is accurate today. From the number of communications I have received…tonight may be an interesting night on the boards. There is a very concerted effort to make this happen. I have a lot of excited bankers as well. Hope this is accurate…the chatter is through the roof.
______________________________________________________
Frank26 (KTFA)
You know what we’re waiting for. I call it the second article from the CBI. Basically it’s the announcement to the Iraqi citizens, ‘Here is your new national currency. Here are your coins. Here is your new exchange rate.‘ All these things are going to come about IMO very strongly.
The proof of our monetary reforms are in the articles…Look at the numbers. Look at the accounting. Understand that everything they’re telling you is impossible at a program rate. You’re not easily fooled are you. You’re not gullible.
Question:
“Have they stated which notes will coexist with the new small categories?”
All of them will coexist.
______________________________________________________
RayRen98 (TNT)
[via Babysmom]
BANK SOURCE CONTACTED [RAY]… THEY ARE SUPER EXCITED ABOUT THIS WEEK, LOOKING FOR LARGE CROWDS TO APPEAR…
BANKS ARE XCITED…AGENCIES ARE XCITED…IRAQIS ARE XCITED…AND PRETTY SOON “YOU” WILL BE XCITED! $$$$$$$$$$$$$$$$$$$$ BANK SOURCES ARE STATING THAT THEY ARE EXPECTING LIVE RATES FROM THIS MOMENT UNTIL “IT” HAPPENS.
______________________________________________________
Samson (KTFA)
Article:
”The Central Bank of Iraq boosted its gold reserves by about 2% in one day last week...”
Iraq storms the gold market with intensive purchases!
Advertisement
______________________________________________________
______________________________________________________
MilitiaMan (KTFA)
With the amount of back and forth, everyone should be seeing this…as a final turning point… They’re getting ready for this ’23, ’24, ’25 budget. It’s an investment budget…not an operational one. They’re going to have to, over the next 3 years, get that budget to be at a moderate price exchange rate. 1310 is not going to work for this…
______________________________________________________
Deepwoodz (KTFA)
…We have the advantage of looking back at the last year in particular and seeing hundreds of steps taken. All in the right direction. Don’t you agree that what they have done to date is amazing? I mean there were YEARS of nothing. Scraping for something in an article that remotely sounded promising. Now, take your pick. It’s all good news. I mean seriously, I don’t want to wait any longer either, but if it takes another year…what’s the difference? …Try to be ready is the most important thing.
______________________________________________________
Henig (KTFA)
Article:
“In one day Central Bank of Iraq boosts gold reserves by about 2%“
Quote:
“the Central Bank Mazen Sabah revealed that Iraq bought 2.5 tons of bullion on Thursday, bringing its reserves to 132.73 tons, pointing out that the strategy aims to obtain more gold in the second half of the year…Iraq resumed gold purchases in 2022 after a four-year hiatus as part of a program to diversify its foreign assets of about $100 billion“.
______________________________________________________
Advertisement
______________________________________________________
Sandy Ingram
“This is What Happens the Morning the IQD Increases in Value Against the US Dollar“
[Series 1 of 5]
…The Iraqi Dinar floats to 25 cents to one IQD. It is not unreasonable to think that you could wake up one morning and this be the case! …Your first task would be finding out where you can exchange your IQD for greenbacks. The bad news is you may have to travel to the Middle East to trade your Dinars. Or, the good news is the banks in the United States will exchange your IQD for USD.
—
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
