Dinarland Highlights – 10.2.23
I continue to hear we will not have taxes on this exchange. I suggest everyone plan on having taxes…but hopefully there will be none.
…One of my contractor sources verified that yes, HCL money is indeed moving & people are getting paid…one was told to hang onto as much as he could because they are expecting a value change in the very near future…So is it possible this week? Absolutely. Things are lining up. Lots of comments going on for this week …and we are expecting some announcements out of Iraq on Wednesday on that front…
Hearing some pretty interesting stuff…including confirmations from banks…This comes from different sources… Many of the foreign currencies that we have been look for and talking about are now showing on bank screens. This came after the weekend forex updates. We believe this is fantastic news…I had a number of bankers reach out …ones that had always questioned and doubted me…saying they think I am right and this is about to go. I am getting excited about this …even though we don’t know the exact timing.
Question: Could it be this week?
Absolutely…We are still looking for announcements out of Iraq on the 3rd or the 4th….most likely the 4th…
“Iraq is a sovereign country.”
If Iraq was really sovereign that would mean no other country would have any power or control over them. They would have their independence and they would have possession of all their country’s property. We’re still waiting on the House of representatives within the United States to vote to remove the United State’s War Authorization off of Iraq…That’s one level of not having sovereignty and still having restrictions on Iraq.
The budget has not been approved to date. That means it remains in an incomplete unapproved state…Yes they voted on it since last June but…two Sundays ago Iraq’s council of Ministers…did a draft amendment to the budget making it so it’s no longer in an approved state. Parliament still needs to approve the budget again…The budget right now is incomplete and unapproved by parliament.
Is the country sovereign? According to Al-Sudani who is the prime minister – yes. According to the Gazette, the 2023, 2024, 2025 budget has been published and it’s enforced. However they haven’t actually finished implement it or spending anything from it…The pressure is on to get this budget implemented now…
There are a lot of projects that are very expensive and they need to have an investment budget to go along with that. Why has it been delayed? Probably because there’s something they’re not quite yet ready to expose or they’re just about ready to expose. They’re going to have to have an International currency…exchange rate and the country needs to have that final step to sovereignty.
“The Finance Committee criticizes the delay in budget implementation and promises to host the Ministers of Planning and Finance”
The WTO…you don’t have to have a high exchange rate. But what do you have to have in order to be part of the WTO? Your currency must be what?Sanction free. There must not be any restrictions on your bank or your currency to join the WTO.
“I always felt that if the dinar came out of the gate at one to one it would cause mass inflation due to the amount in circulation. Hitting the forex at 1000 to 1 makes more sense to me. I do believe however that it won’t stay there very long IMO as the demand will be great.”
Here’s the the thing, a country doesn’t claim its independence hoping that one day they become independent. Nope, they claim their independence when they are independent. They are no longer waiting for their independence. I’m talking about banking reform, economic reform, military, geopolitical, every level. They’re not waiting to be independent, they are waiting for the day to celebrate their independence. Independence is upon them now. It is who they are. That dinar is about to be independent and travel the world like a free little bird and baby I cannot wait to celebrate! It has been too long.
There is nothing out there right now not a single action that’s happening that points to a revaluation of the Iraqi dinar. Nothing out there right now. Nothing. Now, they are taking all the steps necessary to increase the value of the Iraqi dinar but there is nothing out there that points to the revelation of the Iraqi dinar, nothing whatsoever.
The Central Bank announced that approx 90% of the currency transferred for imports was done electronically at the official rate, which is a good thing as it shows the implementation of the electronic platform is working.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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