Dinarland Highlights – 7.19.23
MarkZ
[via PDK]
Question: What are your redemption contacts saying about timing?
MarkZ Answer: They are not. As of yesterday morning I have been unable to reach them. 2 contacts in 2 states have me hitting a brick wall. Personally I think its great news that I cannot reach them.
There are rumors all over the place and even the whales are hearing rumors that other whales now have free moving money. They are hearing the same rumors that are now all over… I just cannot substantiate the rumors with anyone I know in real life. So I will leave this in the “Hopeful rumor “ list for now…in Iraq there is a lot of anticipation for late in their business day today. This is from a finance minister connection in the banking world over there. We will see if it pans out.
Iraqi contacts are still very hopeful for today or tomorrow. This is based on what they are hearing on the ground-in Iraq… not what I am saying…I don’t know if they will see it or not…Stay calm. Rumors will continue until “BAM” and its suddenly here. It could be at any hour or still a day or two away. We just don’t know yet.
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Frank26 (KTFA)
Iraq has the materials to build their economy/ monetary structure, to reform their financial structure…Not only to do it once but IMO 100 times over and still have leftover. They are so incredibly rich…It’s not a secret anymore. Everybody knows. The whole world is pouring into Iraq. That’s going to equal an explosion in their reforms. We’re only waiting for one thing. That’s why they’re getting ready for that new exchange rate to be released.
Iraq is a v----n to the international world community…The California rush will look like a sneeze compared to what Sudani is doing for the Iraqis, to go 100% independent and international. Therefore every opportunity to make money will and is flooding [Iraq] even prematurely…
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Petra (KTFA)
I am sure there are folks who don’t want this to happen. Fortunately, there are a lot more powerful and influential people who want this to go…like 44 million Iraqi’s who have been promised more PP and a new rate! And there are many “influential and powerful” people in Iraq that are mad that this has “not” occurred!
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Pimpy
The budget is about to be implemented. There is a high amount of priority in regards to the private sector and growing it which is what we want to hear.
Article:
“Washington extends Iraq’s exemption by paying the cost of electricity to Iran for four new months”
All of a sudden the Untied States wants to play nice.
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MilitiaMan (KTFA)
The advisor to the prime minister says we received requests from countries from three continents to do business. Did we ever see that before? No we have never seen it before.
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Clare (KTFA)
Article:
“The President of the Republic: Iraq is on the verge of an urban renaissance after approving the budget”
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Bruce (The Big Call)
[via WiserNow]
So first of all, yours truly was awakened at 7:02 this morning [Tuesday]…I was given some information that led me to believe I might just get something delivered, which would have the toll free numbers. …Now…I don’t know when I’m gonna get delivery, but I know it’s pretty quickly here pretty soon…
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Kaperoni
In order for the dinar to go up in value several things must be done first. They must pass over a 100 stalled laws that affect their economy. These laws have been outstanding for several years. Iraq must encourage foreign investment to diversify away from oil dependence. Currently they are well over 90% dependent on oil production and export. Diversification in creating a private sector will allow the government to transfer the workforce from state to the private sector.
Creating such a private sector will allow them to not only begin to diversify away from oil and create their own manufacturing, tourism, agriculture, etc. They can begin to export goods so they are not dependent on Imports. As a result of that success and growth, Iraq’s will create pressure internally on their own financial system often known as inflation. The result will allow the central bank to float their currency. The result will allow supply and demand to raise the value.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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