Dinarland Highlights – 2.20.24
MarkZ
[via PDK]
Article:
“Minister of Finance of the World Bank –The Government is determined to reform Iraqi Monetary policies”
A lot coming out about all the policies of financial reform and restoring the rate of the dinar.
Something interesting from a whale… a couple of “Currency Whales” have exchange appointments in March. It may be they are setting appointments for after the event (Reset?) But it is interesting and these whales are not under NDA’s yet. I have heard from 3 of those right now. These whales have spent hundreds of thousands on currencies…one of them has spent millions.
“Iraq confirms World Banks intention to promote fiscal policy reforms.” And here is the humdinger of the day. “ Al Sudani sets the date for the opening of the port of Al Faw and decides the future of the presence of the coalition forces in Iraq” The future is they will be gone. This is not just the US they want to leave – but the entire coalition. He said it began in 2014 and ENDED TODAY! This is huge news. Decisions have been made and they no longer need them. They are moving towards independence. It is all good news today.
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Mountain Goat
I will tell everyone who has been in this speculative investment for a long time, this couldn’t be a worst time to sell your dinar. I compare it to a severe storm. You must have the guts to weather the storm… when the storm finally does really end, it’s over and done and then you move on to a better life knowing you weathered the storm and received the blessings that come afterwards. The rewards are great.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: TV says the Baghdad dollar will see a huge drop beginning of week, however the exchange rate is stable? We don’t know what it means.
FRANK: What is a Baghdad dollar? It’s the United States Dollar in Baghdad….That’s the drop of the US dollar in the parallel market…Which means they’ll try to get to 1 to 1…I’m not telling next we’re going to have our blessing. I’m telling that next week they’re going to do what they’re saying.
Question:
“Will the IQD gradually increase?”
In the float when it’s in the international basket, yes. That’s when you want to pay close attention. The problem is we don’t know how much time we have to exchange the Iraqi dinar. You may not even be able to participate in it. But I think we will. Most revaluations and reinstatements of currency worldwide historically give you at least 6 months to a year.
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Clare (KTFA)
Article:
“The Baghdad dollar faces a “major withdrawal” at the beginning of the week, but the exchange rate is stable”
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MilitiaMan (KTFA)
Article:
“Government advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally”
Is this the major announcement or a lead into one, that Salih told us about? If it isn’t an announcement it surely is a good lead into one…Awesome news indeed.. International ships arriving, partnering with the private sector, integration with the global economy, compliance with with international standards. Surely we can all see the writing on the wall.. Yep.. Powerful.. imo
A lot of people out there talking about this LOP business. The bottom-line is a LOP doesn’t do anything for Iraq. First off I don’t believe for a moment the IMF would allow them. Iraq’s focusing on telling everybody their inflation has been contained for years. There’s no hyperinflation so a LOP is completely out of the question...
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Jeff
Article:
“Al-Sudani reveals the intention to end the political role of the United Nations mission in Iraq”
Do you notice how they’re talking about removing the remaining US coalition forces and the United Nations together at the same time? That’s because Iraq’s going international. The UN has chapter VII sanctions on Iraq and the US has OFAC sanctions on Iraq…Both parties need to remove their sanctions off of Iraq… They’re discussing doing both steps simultaneously at the same time. Not coincidence. It’s because Iraq’s preparing to revalue and go international.
I’m pretty much proud to tell you that you are witnessing Iraq set the stage to revalue right now. It’s happening. They are preparing to revalue. All the evidence is here. There is no question it’s happening.
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Pimpy
Community Comment:
“Once the 3 zeros are deleted, establishing IQD’s REER, then the rate will go up in increments.”
That’s not what you want. You do not want them to delete the zeros before the rate goes up. If they delete the three zeros off your currency then your 25,000 dinar becomes a 25 dinar and then they raise the rate? That’s not going to help you. We’ll see what happens.
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Sandy Ingram
The problem for people in the United States is no bank in the US will do any transactions using the Iraqi dinar. Until this changes we have to find other ways to pull our profit out of Iraq. We can do this. I found one way and will discuss it in a an upcoming [post]…
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RayRen98 (TNT)
SORRY, BUT TODAY IS “NOT” THE DAY WE ARE SEEKING…BUT IT IS STEADILY APPROACHING!
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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