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Dinarland Highlights – 9.2.23
Mountain Goat
…according to my conversation with my CBI contact in Iraq…I was told that there is still concerns about the dollar and the smuggling of dollars out of Iraq…There is still work to be done in this area. It was also confirmed to me that the CBI did intend to conduct the project to delete the zeros sooner than later but there are obstacles to moving ahead that still need work.
Yes, there is always the possibility that the CBI could surprise everyone and they could suddenly push this forward. But…They have told me over and over again that when they get ready to do it there will be no secrets to the progress of the project to delete the zeros. This step will be announced and shown to the world… But here is the good news, The “secret” lies…in the redenomination in that the next step afterwards is the reinstatement and the liberalization of the dinar back to its “former glory”.
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Frank26 (KTFA)
It’s not like you’re going to need a receipt [from when you bought your dinars] when you exchange. No body at at a bank is going to say, ‘Greetings, Mr. Smith. You have a million dinars, let me see your receipt.‘ All they care about is, let me see the dinar. And you say, ‘Here’s my certificate of authenticity.’ Well you can take that and throw it in the garbage. Look, we’ll [The bank] tell you if these dinar are good are not…
[Iraq boots-on-the-ground report]
FIREFLY: President of Iraq on TV news saying we are in a state of high
economic stability.
FRANK: What is that a warning!?! That’s beautiful…that means you can have your new exchange rate if you want it…You are being educated.
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MilitiaMan (KTFA)
It hasn’t been their job to tell us everything. It’s because we’re outsiders. It’s their country and they keep it to themselves as best as they possibly can. We should be able to understand that that’s a big component of this whole process…
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Pimpy
Article:
“Record number of new firms seen in eight months”
This is great news for Vietnam, their economy as well as their currency. As long as the economy continues to get strong we will see the exchange rate increase over the US dollar.
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MarkZ
[via PDK]
Redemption folks working a few short hours tomorrow. That does not mean we are redeeming this weekend…but it’s a good sign… We continue to get good news from Iraq…They are on a holiday from now until Thursday. This would give them a tremendous opportunity …and a lot of chatter in Iraq that they are going to take this opportunity this week to put things into place…Many indicators from Iraq about next week.
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Kaperoni
Community comment:
“Who cares what the Dinar is for, as long as long as the Treasury wants it from us. This is what Kap has missed all these years. EO 13303 says it all”
13303 has nothing to do with the dinar. I’ve been studying Iraq for almost 18 years, you’ve been misled… Unlikely your dinar will ever go to the US Treasury. Various other central banks around the world, maybe.
Community Comment:
“The US is allowing the dinars (we hold) to go directly to the us treasury against the Iraqi debt to the US.”
Bullshit.
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Breitling
There’s nothing wrong with cheering the dinar is going to revalue. There’s nothing wrong with being wrong if it doesn’t revalue. BTW I don’t think I’m wrong. It’s a principled based investment and there’s plenty of future coming for the Iraqi dinar. Trust me, there just is…
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Walkingstick (KTFA)
The goal is to be 1 to 1 with the USD…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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