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Dinarland Highlights for June 9, 2023

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Dinarland Highlights – 6.9.23

MarkZ

[via PDK]

Member question: so what happens next?

MarkZ Answer: As explained to me from folks over there in finance…they are waiting for markets to stabilize and they believe this could happen in short order. Is it hours? Is it days? Is it longer?  We don’t know. It may be 24-48 hours before we know. My understanding is with the passing of the budget the US government fingers will finally be out of the Iraqi pocketbook. And once they get it legally stamped they can move forward…I am hearing a lot from Reno and other areas that they have expectations of this thing  moving forward over the next 24 hours or so. I am hopeful as well.

Baghdad today publishes the final version of Iraq’s tripartite budget law

It’s published but we are still waiting for news that they have rubber stamped it and it is official. We should see that sometime today.

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Mountain Goat

…I think, no one knows their schedule for rollout for sure…I have had many conversations with the CBI since January of this year…Sometimes I just…shake my head in amazement at what has taken place since January… The news from Iraq over these past 5 months has been all about the wanted events we have been looking for since investing in the dinar…our target is definitely in reach.

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Clare (KTFA)

Community comment:
I have an opinion…it’s [the budget] done!

CLARE: TECHNICALLY… IT IS NOT DONE OR THEY WOULD NOT HAVE ANOTHER VOTE TO FINALIZE IT TODAY… FACT.

Article:
“The Governor of the Central Bank meets with the Vice President of JPMorgan Bank”

Quote:
“Mr. Zelikow praised the recent measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing and the adoption of international standards in money transfers…the Governor of the Central Bank of Iraq called on Mr. Zeljko to open a representative office in Iraq, promising him to provide the necessary support to facilitate this step…JPMorgan Bank is the largest US bank in terms of financial assets, with assets amounting to about $4 trillion.”

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Nader From The Mid East

The budge has been approved.  Everything has been approved.  They’re saying they have to vote but they vote.  It’s been approved for a long time already but they just wanna make a big show...Today the budget will travel to the Senate, the Senate will sign for it and that’s it, we’re done with the budget and now the new currencies.

The budget has been approved.  Everything has been approved.  They’re saying they have to vote but they vote.  It’s been approved for a long time already but they just wanna make a big show…Today the budget will travel to the Senate, the Senate will sign for it and that’s it, we’re done with the budget and now the new currencies.

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Frank26 (KTFA)

I’m frustrated too.  I’m anxious too.  I want this to end too…all the Iraqi citizens they’re also suffering.  They’re all going through a lot.  You have to be patient.  You’re in a position where you can afford to be patient.  They’re in a position where they cannot.  There is nothing for them to use with value.

Article:
Al-Sudani welcomes the opening of branches of a global bank in Iraq

Quote:
a delegation from the “JP Morgan” bank in Baghdad…

CHASE WAS ONE OF THE FOUR BANKS WE TOLD YOU ABOUT AS A PART OF A FINANCIAL HUB… LOOK AT THE TIMING!

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Bruce (The Big Call)

[via WiserNow]

…We’ve heard directly from our contacts in Iraq, that Iraq did everything finally…they were allowed to do, by our Government – letting Iraq…put out a new Iraqi dinar currency and rate to open the budget so that it could be seen to make the oil and gas law passed and read…And that was done…And all the ATMs in Iraq are loaded with new lower denomination, Iraqi dinar similar to our denominations. And those have been up and running for a few days now. They have a new rate that came out earlier…[Thursday]. That is very strong…it’s been exposed internationally. It’s being traded up from when it first came out. And that’s a good sign.  …we have heard from pretty strong sources “imminent”…it could be over the next day or two. So we’re just have to wait and see what happens… I think we’re super close.

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Angel1

Our investment is wild.  We are literally seeing a 3rd world, war torn country become not just a first world country but a leader in the 1st world country.  It’s mind-boggling...we know Iraq has the value.  What we’re waiting for is simply the rate to reflect it.  The value is there.

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MilitiaMan (KTFA)

Kind of crazy – Lots of stuff we don’t understand what’s true, what’s not true.  It’s pretty common to see things going back and forth.  That’s to be expected.  We’ve always talked about this over the years.  Even the great Dr. Shabibi talked about at the end there would be propaganda…We’ll see if this is taking place.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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