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Dinarland Highlights – 12.8.23
MarkZ
[via PDK]
A banking story: A friend of mine in New Brunswick in Canada and is a dinar holder walked into one of the Scotia banks and asked a manager if they were Basel 3 and ISO 20022 compliant. He replied that they were… My friend went on to say that he was a dinar holder and asked the manager if he knew anything about the upcoming currency exchange/RV. The manager said that his staff is trained and ready for it. They are just waiting for the word…So there is a bank manager in Scotia who knows about the RV, is trained and ready for it….
Comment: Frank26…Says its 1 to 1 somewhere in Iraq.
MarkZ: …and the 1 to 1 is expected to go higher. We do not know the exact timing but do know they are pushing for total de-dollarization around Jan 1st. And we know that the IMF slipped up and talked about the dinar revaluation coming and how Iraq is suddenly going to be great “importers of goods”…We know it’s really close for sure.
The last news I got from people on the street over there is they are expecting a 1 to 1 in-country rate at any time. I very much believe [Guru] Frank and [Guru] Nader that there is already some using that rate within contractors/contracts…They would not be doing this is we were not close.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Did you see this [sends video]? …They are talking about how the dinar is about to become stronger. Then a commercial comes out talking about how strong the dinar is already and will be even stronger very soon…It’s about the strength of the dinar, telling them to use it for everyday things and will only get stronger and stronger.
FRANK: You better be ready Iraqi citizens! In my interpretation of it…This is part of the monetary reform education they are teaching the Iraqi citizens that they will soon have value added to their currency…
Community comment:
“The future of Iraq is on the conference table in Dubai.”
You better believe it is…It doesn’t get any more plainer. It doesn’t get any more obvious.
FIREFLY: It’s a campaign they told us today. They keep repeating it over and over. It’s a campaign they are doing they say to build up the dinar, to make it the gateway of the country. That’s what they’re telling us. They’re adding strength to our currency.
FRANK: I know what they are trying to tell you… Is there strength in a program rate? Of course not. They’re preparing you…
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Mountain Goat
I truly can hardly believe all the good news coming from Iraq. Maybe it’s not the RV, as of yet, but I can assure you it is coming and there is no stopping it. It is like a loaded freight train coming fast down the tracks...
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Nader From The Mid East
They are start to prepare people to use only the dinar and they start advertisement…they call it education, I call it advertisement. Things are going good…somewhere 1 to 1.
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MilitiaMan
Article:
“…A campaign to support the Iraqi dinar and make it the gateway to bustling the country.”
They’re talking about the Iraqi dinar...They’re not talking about the Euro …[or] all the other currencies …They’re saying we’re going to do trade in the dinar and it’s going to be the gateway…
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Walkingstick (KTFA)
[Iraqi bank friend update]
IRAQI BANK FRIEND: The meetings we have had with the CBI we are learning the next steps. Also we talked about in the meeting we are seeing many people in Iraq now coming into the banks and asking questions and we have given the banks permission, they are now allowed to explain all about the monetary reform process and where it’s at right now to the citizens as they ask…One of their biggest questions is, ‘Is it true we are getting a new currency? Yes. Are we going to receive more purchasing power with this new currency? Yes. Are we going to see a change in our exchange rate? Yes. Is this why we are removing the dollar? Yes.’
IRAQI BANK FRIEND continues: They keep asking questions over and over again. Also the question people are asking a lot about, ‘When? And how much?’ But at the meeting we agreed that the banks are not to be given that information just yet, not even the upper echelon. The banks are saying, “In the very near future.” These questions are due to the fact that it is no longer a secret…The monetary reform has been successful thus far.
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Clare (KTFA)
Article:
“The World Gold Council announced, on Thursday, that Iraq and 4 Arab countries possess more than one million tons of global gold reserves.”
Quote:
“Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 132.7 tons, which represents 7.7% of the rest of its other reserves.”
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Pimpy
Question:
“Sudani on several occasions did say the dinar would be worth more than the US dollar…was he spreading more false hope to his worrying people?”
I’ve heard him say that…not just him but a couple other people as well…but you don’t pull a wand out of your b**t and presto! You have to worry about all the repercussion from the change in the exchange rate. You could crash the economy. So they have to do it in increments. They’re not going to do it overnight. I’d love to be wrong. I would love to do a video, ‘Man I was wrong. Yahoo!’… But no, it’s not going to happen. We will see it go up in increments.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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