Dinarland Highlights – 1.8.24
Mountain Goat
I am told they fully intend to have this parallel market on target and under control within January…if they can accomplish this target, we know what their next move will be… We don’t need to speculate…We know as a FACT!
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Babysmom (TNT)
NEWEST ANTICIPATED POSSIBLE OPENING RATES… DINAR 3.81-4.81, DONG .47…
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MilitiaMan
Article:
“URGENT: The Baghdad Stock Exchange operates on the “NASDAQ” system, and foreigners and banks have become more investors”
This is a very good sign that Iraq is opening to the world…Take notice of what they say about what currency the shares will be denominated in.. The Iraqi dinar. Take even more notice that they are telling the world that the shares will be affected by the exchange rate. With the expectation of a rate change to be stronger than the dollar one could imagine the impact that is already having and how much more growth there will be. This is a very good sign of things to come. I am so ready…
Once they…get the parallel price to say 1320, 1310 as apposed from 1560…they’ll adjust and finish the project to delete the zeros. Remember, it’s not off the currency, it’s off the exchange rate of the currency. There is a difference. A lot of people are still hung up on that…
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MarkZ
[via PDK]
…on the group side I am hearing very positive things. They are specifically looking at dates between the 9th and the 14th of this month. This does give us a range to look at…
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Pimpy
You’ll see changes IMO after the end of the 1st quarter of this year. I might be wrong on that but I’m anticipating. With all the trading they’re doing, the fact that they got rid of the dollar, that is going to cause the Iraqi dinar to increase in value to the point where they might have to change the exchange rate…But any major major changes like 12 to 1 that’s not small. That’s a big change in the exchange rate.
12 to 1 is better than nothing. A lot of people will get out…If it goes 12 to 1 95% of the people are going to jump the hell out of it. They’d be scared that something would happen and s---w everything up. They’ll take it. I’ll take 12 to 1. I’m not greedy. I’ll take 12 to 1, that gives me $333,000. I’d be very happy with that. Don’t get me wrong, I would take more but I’d be very happy with that.
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Frank26 (KTFA)
[Hypothetical bank interaction]
I went to Chase Bank and they told me it’s a scam. Remember [FireFly boot on the ground in Iraq] tells us JPMorgan is building 10 more banks [In Iraq]. So tell them when they say it’s a scam – you are really ignorant. Don’t you know about those 10 banks they’re building right now? No. Hey, did you know know JPMorgan will support the Iraqi dinar 100% and that’s direct from the CEO Mr. Jamie Dimon…Did you know the US Treasury has millions of dinars in its foreign reserve? Scam huh?…Did you know as of January 1, 2024 there won’t be a single American dollar used in Iraq any longer and only the Iraqi dinar which means it’s going to have value? …How in the world do you not know these facts about your bank? Or are you lying…
The floor of the CBI is really spotless, spotless enough to bring forth the new exchange rate, the lower denominations to the Iraqi citizens without fear…
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Samson (KTFA)
Article:
“The gap between supply and demand is “exhausting” the Iraqi dinar… Two paths for the decline in dollar prices”
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Clare (KTFA)
Article:
“An Iraqi delegation heads to Washington within days, followed by a visit to Sudan”
Quote:
“Iraqi delegation will head to Washington within days, followed by a visit by Prime Minister Muhammad Shiaa Al-Sudani.”
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Breitling
“What is Iraq waiting for at this point [to RV]?” No body knows…When [Senator] McCain was around those were the heavy hitters. Those were the guys I would listen to. This was nothing ‘official’ but these guys knew what was going on, ‘you want to be in the dinar.’ I have some very good friends who didn’t buy it and they talked to McCain and he said you better buy this currency. According to them, it should have happened by now. I still hang out with the same group and to this day nobody knows why Iraq has not pulled the trigger yet. What’s strange is back in they day Iraq didn’t talk about it that much, now they talk about it all the time. Whatever the CBI is looking at, it’s starting to look like they need to be there.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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