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Dinarland Highlights – 1.31.24
yada & CANDYKISSES (TNT)
Regarding the new US ambassador to Iraq… Jacobson has history with Iraq having served there back in 2006-2007. Her last post has been that of aiding countries recover economically. She was successful in the past and call to stear Iraq’s economy as they are on their way… Ms. Jacobson appears to be a good fit for Iraq.
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Frank26 (KTFA)
[Georgia Bank Story FOLLOWUP from 1-30-2024 below]
BANK VISITOR: The following day Saturday I got a phone call from Truist [Bank]…a wealth manager…She set up an appointment this Thursday to meet with me...The funny thing about this Frank is this account is a petty cash account. I don’t keep any money in this account.
FRANK: But they know you will soon.
BANK VISITOR: My wife said that’s not a coincidence. You go and speak to somebody and it’s a petty cash account… Why would a wealth manager be calling you?
FRANK: It’s obvious they are getting ready for you…
[Stay tuned for the follow up of his Thursday appointment.]
[Iraq boots-on-the-ground report]
FIREFLY: Sudani is not playing games with anybody. It looks like he’s working hand in hand with the US Treasury…Television now shows Rafidain Bank doing investigations on smuggling of the dollar…There’s no end to the amount of c********n…
FRANK: Your c********n is amplified by Iran…that’s why you have not had the new exchange rate or lower denoms…but it is really being curtailed…controlled…Pay attention to the leadership in your country removing the c********n…
Article:
“The Iraqi judiciary and the US Treasury discuss sanctions on Iraqi people and companies”
THE US TREASURY HELPS THE CBI CLEAN THE FLOOR
Quote:
“The two parties discussed the legal measures and sanctions issued by the US Treasury Department (OFAC) regarding Iraqi people and companies.”
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MilitiaMan
The AFC Fund is up 110.4% in Iraq. HUGE! Think about that for a minute, What do you get at your savings account? What do you get in your I*A’s? What are you getting percentage wise over an annual growth? They have 110.4%. This country is going to explode. Everybody and their brother that’s invested in the dinar should be thinking clearly by now as far as I’m concerned…This is fun! …How does Iraq have one of the best funds in the world without having reasons behind it.
Everyone’s excited because we’re seeing exactly what this country is doing. They’re doing what they said they’re going to do. They’re working towards going international...we should all have significant confidence that Iraq is going international…
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MarkZ
[via PDK]
Comment: I hear more and more groups are under NDA’s.
MarkZ: We are hearing of more and more… My banking contacts still feel If we have to sign one – it will be about the amount we get…we are definitely close.
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Samson (KTFA)
Article:
“The chief US sanctions official is in Baghdad to curb dollar smuggling to Iran”
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Clare (KTFA)
Article:
“Romanowski regarding the US Treasury’s visit to Iraq: enhancing cooperation between the two countries”
Quote:
“The United States and Iraq share the goal of supporting a sound and strong financial system in Iraq, which will attract investment and ultimately benefit the Iraqi people. She added: I am pleased with the visit of US Treasury Undersecretary Ryan Nelson to Iraq, stressing that this visit has strengthened this important cooperation.”
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Pimpy
As long as they keep moving forward like they’re doing there’s no reason for it not to, IMO, go up in increment…
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Paulette (KTFA)
The issue I still see is in order to peg to a basket of currencies, they would “officially” have to depeg from the USD. While I have yet to see the US relinquish their receivership status over Iraq and the fact that the US is desperate to try to keep the USD propped up, I am unsure the actual mechanism of how they will be allowed to depeg and then repeg. It seems like receivership would need lifted first for that kind of move.
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Kaperoni
I still have significant concern over Iraq wanting to redenominate (LOP) their currency. There are numerous educational symposiums teaching the citizens about such an event. This is a very real possibility.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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