Dinarland Highlights – 8.18.23
…the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules… an interview with Ali Alaq he told us the future vision of the Iraqi dinar…It is backing the dinar with GOLD! WOW!!! no longer just the dollar. Yes, we can definitely see the trend already to get the dollar out of Iraq. It is a process… Alaq says that today they back the dinar with the billions of reserves, which is the dollar. Then he talks about the future where it will be backed by GOLD not the Dollar. He says Iraq has 132 tons of gold…about $8,008,704,000 billion worth of GOLD…
What is the reason why we do not have the new exchange rate of the Iraqi dinar, the lower denoms, why? …criminals…the corrupt…thieves…Iran…This is the perfect timing to remove Iran influence.Did you not see the money exchanges that are owned by the Iranian politicians closing up? Do you not see the banks that are owned by the Iranian politicians being closed up? Do you not see Iranian politicians being arrested? In fact do you not also see Iraqi politicians being arrested?
[Iraq boots-on-the-ground report]
FIREFLY: The CBI is back on television again…saying the CBI is in the middle of a battle fighting the dollar smugglers.
There is no delay in the monetary reform process. The monetary reform process plows forward with great success. This corruption cleaning equals a new exchange rate.
“Member of parliamentary finance accuses Iran of printing Iraqi dinar sand replacing them with dollars”
A parliament member is saying…Iran is reproducing Iraqi dinars in Argentina and then trading the dinar for U.S. dollars in Iraq before smuggling the money into Iran on a truck…Bottom line more banks in Iraq will be closed. Iraq’s currency has been compromised even more.
“Sudanese and Mandalowi agree to speed up implementation of budget items”
They are talking about the economic reforms, the projects etc…they need to stop in-fighting and get this thing implemented. In this implementation they need to control their rates. Exchange rates, parallel markets etc…so to me, this was a very encouraging article…they need to go sooner rather than later to get these reforms done…with a concerted effort from the various blocs to make it happen.
“Al-Alaq: The Iraqi government’s debts to the Central Bank amount to 46 trillion dinars“
“Regarding the cost of printing the Iraqi currency, the governor of the bank said that it costs 5-6 cents per paper”
Alaq out of the blue [In an article] Quote “from 5 to 6 cents the cost of the Iraqi currency edition per paper.” He just happens to throw in how much it costs to print a note. Whether it’s the small category notes or large notes, he’s saying it is 5 to 6 cents…They’re not printing any more triple zero notes from what they said…
You have to pay attention to what they’re saying and then realize they talk outside both sides of their mouth. So you have to be very careful of what’s being said and then you have to understand who’s saying it…If Sudani is talking about it, you got to give that that credit. If his advisors…saying it, give it some credibility. If it’s a parliamentary Finance Committee be careful. If it’s the Finance Committee and it’s directly from Sammy I would listen to that just as I would listen to Alaq because they’re the top.
Bruce (The Big Call)
What is Iraq going to do – when are they going to maybe bring out their new rate, print it in the gazette – and all of that on Sunday? We believe the Prime Minister is here. Could he make the announcement from here or would that new rate and the opening of the budget and the HCl law which has been passed and needs to be implemented and soon…Would that be announced here or would that come out on Sunday or Wednesday? We don’t know the answer to that yet…This is looking very solid for next week. Let’s see what happens.
These individual that are being arrested have great influence in Iraq which can impact the outcome of the monetary reform process. And all these funds Sudani is recovering is helping to bring forth the new exchange rate and that’s why every day you see more people being arrested, more corrupting being cleaned up.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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