Dinarland Highlights – 12.9.24
MarkZ
[via PDK]
Article:
“Iraq participates in a ministerial meeting of the gas exporting countries forum”
Why is this important? They are now joining countries that exports gas. This is a whole new market that has the potential to be as big as their oil industry. This helps them increase the value of their currency.
Question: I’m just curious “what if” parliament doesn’t sign off before the 10th?
MarkZ: If they don’t make it – I’m still sticking around until they do… I still think we could see the RV before Christmas. Possibly in the next few days. Worst case scenario – by the end of January….
Article:
“CBI records huge sales of more than $300 million in auction today”
They keep telling us the auctions on US dollars will end this year. Many believe the target may be this week to end those auctions.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: TV talking about old and new currency, how they will coexist. Mr Sammy said remember they want all done by the 10th.
FRANK: I TOLD YOU SO!! lol…Sudani is in control of the new exchange rate.
Don’t pay attention to anyone, don’t trust anymore except for Sudani and what Sudani tells Alaq. Notice I removed Barzani from the trust circle.
[When talking to a bank wealth manager/private banker]
Don’t push, ‘I got dinars!’…Talk on the same level because she knows now what you know…’These are the facts and this is what I want to know’…You want to ask them, what is your fee you’re going to charge me to exchange my currency at your bank…Two, what type of insurance do you have because FDIC only covers me for $250,000. Do you have supplemental insurance? …Next thing you want to know is how are you going to be able to get your money out? …What is the procedure for you to withdraw? Can you only withdraw $10,000 per week? Per day? What are my limitations? If I want physical cash, not electronic, how much can I take out? What are my limitations? …Do you have lawyers…CPA… bookkeepers…IRS agent? …Would your lawyers be able to help you set up trust funds…? I want to protect my money.
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Clare (KTFA)
Article:
“Most notably Trump and Macron.. Nechirvan Barzani meets world leaders in Paris”
Quote:
“In response to an official invitation from French President Emmanuel Macron, Nechirvan Barzani, President of the Kurdistan Region, participated… along with a number of world leaders and presidents, in the reopening ceremony of the historic Notre Dame Cathedral in Paris.”
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Walkingstick (KTFA)
What we’re seeing now is a very clear picture of the monetary reform and where it’s at. Its process may have been slow but it is successful…The evidence shows the citizens are not going to fail and they are very eager to do this monetary reform as Sudani and Alaq have explained it to them. This year they were receiving the monetary reform education …There is still more education that will be coming i.e. the pictures…the electronic boards…
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Sandy Ingram
Article quote:
“The Central Bank of Iraq (CBI) revealed…the country’s imports rose significantly in 2024. The CBI mentioned in a report that Iraq’s imports significantly increased by 158.1 percent in the first quarter of 2024 compared to the same period in 2023. Iraq’s imports from Turkey increased by 32 percent in the first quarter of 2024 compared to the same period in 2023, according to the report.”
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Pimpy
Iraq continues to move in a positive direction. Let’s hope this continues. For me I’m happy about being invested into the Iraqi Stock Exchange. Long term I think that’s going to do a lot better than what the Iraqi dinar has to offer. That’s just my opinion. But I’m more than confident you’ll get more for you buck by being invested in the Iraqi Stock Exchange.
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Kaperoni
Article 1:
“Al-Alaq: The monetary situation in Iraq is very excellent and the launch of Riyada Bank is imminent”
Article 2:
“Monetary stability achieves economic stability and sustainable development”
Article 3:
“Banks are the most traded sector in the Iraqi market in terms of value.”
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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