Dinarland Highlights – 9.4.23
I wrapped up this week talking about all the progress that has been made. What has been done since January. Big things like joining the World Trade organization as an observer status…which has been ongoing since 2004…in February to August we see they are gearing up for full ascension to the WTO and this is a big deal. They will be out in the world economy again and in the global financial system. My understanding is they have the security and stability in the country…enough that we can see all the countries making deals and doing things with Iraq. …Iraq is going to make a lot of money…once they have an article 8 exchange rate …that is required…For full ascension…all of us will have a different venue in a short period of time.
“Deal with the International Finance Corporation for the development and rehabilitation of the Baghdad International Airport”
It’s going to be just like the Saudi Arabia International Airport, Los Angeles International Airport. It’s going be a big hub and they’re gateway to the country…It shows a sign of sovereignty …internationalism …it’s a massive thing…When it says it’s going to qualify Baghdad as an international airport, it comes will a lot of different things. We’re not talking about an international currency at 1310. It doesn’t work that way…
The WTO is big and it’s been percolating in the back since January. My sources told me years ago that when we saw them join the WTO- then it was done. They would have to be fully international for that.
There is certainly a lot of chatter saying it could be this week. The rumors are thick that the money is moving and started over this weekend. But, I cannot find anybody with that money in their pockets yet. I have received a lot of messages from a lot of people in positions and places that are saying “we are done” and it’s happening now… I guess we will find out throughout the day today and by tomorrow if things have moved or not…I do have a physical get together with one of my contacts later today. I am pretty excited about that one.
[Response to Guru Frank26 and Guru Breitling below]
Want to make it clear: UAE is $1 = .27 cents USD not $3 + The Saudi is $1 = .26 cents USD not $3 + Now if you said Jordan yes JD1 = $1.41 USD. Oman Rial 1 = $2.59 USD. Baharian Dinar 1 = $2.65 USD. Kuwait Dinar 1 = $3.24 USD. This are Arabs country that are higher than the dollar.
…They wanted from 2003 to now to come up with a fair number. My number would be $4.25. But…I’m not going to be greedy. As soon as I see that $3+ just like the rest of the Middle Eastern countries I’ll jump on that man! Not all of it. That’s the beauty. Even if you only have 1 million dinars, exchange half and hold on to the other half. Calculate. You’re going to need a team..lawyers…advisers…your pastors…your family…seek council, make right decisions. Because…you can only make this decision one time…
“When the rate is released in Iraq will it go international at the same time?”
Instantly it’s everywhere. It will be national news. If there’s a man on the moon, he’ll read about it. If Hillary is on Mars, she’ll know about it. Everybody, instantly. You’ll wake up one morning and everybody will be talking about it. Everybody will be saying, ‘You were right!’ That’s when it’s going to get tough on you.
“The Iraqi Central Bank is taking new measures to exchange dollars to travelers”
Currency traders took advantage of this decision by collecting hundreds of passports from simple people and buying travel tickets and entry visas, in order to buy dollars at the official price and sell them at the parallel market price, collecting profits estimated at millions of dinars daily.
Guru Militiaman thinks Iraq can just get their currency in line with IMF requirements and then change the exchange rate. Not going to happen. First off they need to get within 2% and hold it for over 90 days…Whether or not other financial institutions choose to do business with Iraq or not is based on Iraq’s position within the IMF…Meeting IMF compliance requirements and then accepting Article VIII would put them on the same financial standing as most financial institutions…
Guru Walkingstick thinks that the goal is for the Iraqi dinar to be on par at 1 to $1 with the US dollar. That’s never going to happen overnight. Iraq doesn’t have $80 trillion dollars when their entire net worth is only $16 trillion.
Iraq has built a new central bank. It’s a huge tall building. Nothing has changed except for their location.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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