Dinarland Highlights – 2.22.24
Mountain Goat
Please just be patient! The reinstatement is coming and I firmly believe from what we now already know and are about to witness is a major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is about to get out of the sanctioned mindset altogether and return to common global banking practices of how they will be doing business with the rest of the world going forward.
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Bruce (The Big Call)
[via WiserNow]
Prime minister of Iraq met with our President Trump for a couple of hours in an undisclosed location on Sunday afternoon and they were discussing the fact when Prime Minister, Sudani of Iraq was going to fly back to Iraq that afternoon…he was going to announce to the entire country of Iraq they were indeed a sovereign nation and had a sovereign currency – once that occurred…we would have simultaneous announcement here…not quite sure who was going make it but was to be made to banks and to our redemption centers, and other institutions – with other officials dealing with currency exchanges…once those announcements were made, we felt like we were good to go and get ready to get started…
…we haven’t started yet. But we know that we’ve checked with certain banks…like Chase and Wells have the dinar, for example is one of our currencies on the front screens of the banks and …they’re rising in value. But there the last time we checked, the bank screens rates were flashing – …when it’s flashing on and off…it means that it’s not quite ready…to be exchanged…So we’re waiting according to the latest information that we have from redemption centers and banks, that they’re waiting for the green light to come in the form of an email from Wells Fargo, corporate New York…When that email comes in to the redemption centers, they will know that it’s time to go it’s time to start…we’re close.
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Frank26 (KTFA)
Article:
“ACCESSIONS 12th China Round Table on WTO Accessions ARAB PERSPECTIVES ON WTO ACCESSIONS AND THE MULTILATERAL TRADING SYSTEM”
I love the word ascension… WTO…Can you tell me who you are ascending in the WTO?
Article quote:
“Algeria, Comoros, Iraq, Lebanese Republic, Libya, Somalia, Sudan and the Syrian Arab Republic are in the process of Article XII accession“
This is a lot for the monetary reform of the Iraqi dinar that would bring forth the economic explosion reform of Iraq…This is wonderful.
The U.S. dollar is going down in value this week, which means your currency [Iraqi dinar] is going to go up in value. The only way for that to happen is with a new exchange rate and the lower notes to match it. IMO you’re going to see the dollar go up before it is finally removed and irradiated one last time…
Who do the [new lower note] samples belong to right now? Only the banks, not the citizens. That will happen. It will be on their television, but not yet though.
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MilitiaMan
Saudi Arabia helped Iraq with about 15 years of negotiations [with the WTO] in one year…Iraq [at that time was at “observer” status]…Being an observer you have the ability to have accessions. Am I waiting for them to have accessions before they have an exchange rate? No I’m not. But the fact that they’re getting to that stage shows the world’s expectation is …the cat’s out of he bag.
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Jeff
Why the timing of the rate change has anything to do with a budget period? Here’s why…Countries calculate their budgets off the value of the currency. In order for them to approve a budget, whatever currency value they’re going to utilize has to be released publicly…That means the rate has to change before the budget can be approved…Kuwait changed their rate on March 24th of 1991…before their April 1st budget period. It’s that simple.
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Pimpy
Community Comment:
“Thanks for the let down once more that Iraq will never RV.“
I never said it would never RV. Never. In fact I’m the one that said it’s going to go up in increments.
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MarkZ
[via PDK]
No, The RV is not dependent on the collapse of the stock market. But, many of us believe the collapse of the stock market will force the RV.
“The Sudanese received an official letter from America regarding the scheduling of the end of the tasks for the international coalition”
We believe this is the final step for Iraq to become fully sovereign and increase the rate of the dinar. They didn’t give a date but imply its sooner rather than later.
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Walkingstick (KTFA)
[Iraqi bank friend Aki update]
The training with the specimen sheets is a daily continuing thing...We don’t know if it’s going to be the DeLaRue machines or a completely different structured machine because the new security features on the new small lower notes are not recognizable on the old DeLaRue machines. Aki is working with new sorting and counting machines [Not the new DeLaRue machines]…These machines [New DeLaRue] will only be used inside of Iraq. Aki has no need for these machines…Chase’s JP Morgan who buys and sell currency around the world would also have these new machines.
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Clare (KTFA)
Article:
“Al-Sudani is making an upcoming visit to Washington”
Quote:
“The two sides discussed the files that will be raised during the Prime Minister’s upcoming visit to Washington, and the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard,”
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Sandy Ingram
The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar. Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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