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Dinarland Highlights – 10.19.24
Bruce (The Big Call)
[via WiserNow]
…the Iraqi dinar… we’re hearing now it’s either going to be on the forex with a new rate, either Friday night…or Sunday night. My bet is Sunday after the Forex comes back up after having been turned off or closed for 48 hours, which is typical every weekend, from five o’clock Friday to five o’clock Sunday, it’s down. It’s down so that they can reconcile accounts on forex…The word was get ready for the weekend.
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Mountain Goat
Have they reached some sort of benchmark in the electronic digital banking reformation? Probably…it seems they have made so much progress. Also remember all this liquidity in the banks from the stashes and hordes of currency now being deposited… Please connect the dots and see the oncoming storm of prosperity coming to Iraq. Remember that we investors partake in this wealth when it comes to Iraq, but only when it comes as a byproduct of all these reforms. Yes, when they finally move to FOREX… the plan and thus the e*******n of the process for the plan is moving forward nicely…it seems at a more rapid pace as we near the end of this year.
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Frank26 (KTFA)
Remember when…Alaq went to the United States Treasury and then he came back and then Sudani went to the Untied States Treasury in New York…Do you know where the United States Treasury is right now? …In Baghdad at the CBI…During this meeting, IMF probably, WTO, well of course, they’re there…What did they discuss? The financial inclusion plans in Iraq and about the digital transformation. This is all part of the monetary reform…
Many people pose the question, I don’t have my receipt. If I’m ever audited what am I going to do? If I don’t have my receipt I’m going to be in the 40% [tax bracket]. I don’t want to pay that much taxes. What do I do? Did you write a check? Your canceled check is your receipt. Did you use a credit card? You bank statement from your credit card is your receipt…
Every one of these articles IMO as the days go by get more and more specific. The fog is less and less.
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MilitiaMan
The evidence is abundant. Iraq is finalizing her reforms. With what? The support of American partnerships especially with large economic reforms and financial aspects in Iraq…These things are going to be linking the East to the West and they told you, via what? Iraq’s Development Road Program. They’re going to need the freedom of capital movement. That’s going to be the Real Effective Exchange Rate.
Those people [Who have ‘hoarded mattress dinars’] are expecting the stock market to run big time when they change the value of their currency based off of a Real Effective Exchange Rate based off real assets, non-oil [revenue]. That’s what’s in focus right now. It’s phenomenal. This is a good sign of things to come.
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MarkZ
Bank Story: “Spoke to the teller at my Chase bank this morning in Arizona. I asked if this branch would be a RV center….He didn’t know what I meant so I told him about the dinar. He said he was from Iraq and still has family there. He told me that Iraq was in a Renaissance and is a very prosperous nation. He also confirmed Iraq has gone to a new digital banking system.“ Iraq dinar will not keep that low value long.
Question: How are you feeling about the RV Mark?
MarkZ: I am still feeling warm and fuzzy… I do know of a couple of wealth managers/redemption folks working over the weekend. They do not think we will be doing exchanges this weekend…but do think it is in the very near future…I think there is an excellent chance we could go this week.
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Clare (KTFA)
Article:
“Financial Advisor: Increasing Iraq’s IMF Share Is a Step to Strengthen Dinar Stability”
Quote:
“The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Saturday, that increasing Iraq’s share in the International Monetary Fund represents an important step in confronting the economic challenges facing the country and stabilizing the value of the Iraqi dinar. He explained that this increase constitutes an effective tool against exchange rate fluctuations and inflation problems, and contributes to enhancing investor confidence in the Iraqi economy.“
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Samson (KTFA)
Article:
“Salaries will be delayed.. Fundamental changes coming to the Iraqi monetary and financial system”
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Fnu Lnu
Everything our attorneys and ancillary folks have told me has all been accurate so far. Nothing has changed in all these years.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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