Dinarland Highlights – 12.10.24
Mountain Goat
Article:
“AL-ALAQ: OUR CRITICAL POSITION IS VERY EXCELLENT”
I was told [by my CBI contact] that thanks to the well-studied and wise financial policies of Prime Minister Mohammed Shia al-Sudani’s government, the country’s monetary position has become very excellent…She confirmed the target for the Project to Delete the Zeros is still set for late December/early 2025…
______________________________________________________
MarkZ
[via PDK]
Article:
“British Newspaper: The Iraqi development road will compete with the Suez Canal”
12 % of global trade and 30% of global container traffic go through the Suez canal. And now a large percentage of the world’s wealth will soon be going through Iraq. This is huge. Iraq is becoming the crossroads of the middle east.
There are a number of bond contacts who are looking to receive all of their dollars over the next week. We suddenly got off “stuck”. This means we could soon get our announcement…it could be today. Things just got very exciting on that front. They are taking massive amounts that were “off sheet” assets now going into the M1/M2 or spendable dollars to cover these assets. This is huge and I have never been this excited.
______________________________________________________
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Mr. Sammy says he expects the roll out of the lower notes very soon. The Gazette is now talking about the digital formation world and they’re talking about the new and the old currency. It’s in the Gazette. The Gazette posted a digital law and this is essential to Iraq to go international outside its borders. This way to make it legal to enter the international world.
Sudani is waiting for the success of the budget in order to release the new exchange rate. That success will come when the laws are given to him…He wants to give you the budget [with] exchange rate…Nothing is going to stop Sudani anymore. That’s the beauty of what I’m seeing right now…All I care about is what Sudani is doing and it is phenomenal. I call Sudani, mini-Trump.
Please don’t trust nobody. Don’t let your dinar out of your sight. If they [the bank] tell you, ‘We’re going to take these dinar and we’re going to send them to another institution for them to count them, to make sure they are real.’ [Say] give me the address. I’ll take it to them. ‘No, they don’t allow the public to go there.‘ Okay, bye, bye. I’m going somewhere else to exchange them…
______________________________________________________
MilitiaMan
The private sector is here to stay for Iraq. Iraq’s population has doubled in the last two decades. There’s plenty of youth and now they will have plenty of opportunity with the private sector…They’re moving forward and they’re not stopping. It’s going to be more and more evident as we go because they are going to have to do what they said they were going to do – bring purchasing power to the people…
Government plan is to promote and to move from an oil rent economy to the non-oil revenue streams that will come from the private sector. There’s no doubt Iraq is opening up to the world. The private sector is going to drive Iraq’s future growth levels to where we’ve never seen before. To me it’s, buckle up. This is getting really, really good…
Advertisement
______________________________________________________
______________________________________________________
Sandy Ingram
This is only important to us if and when it comes time to exchange our Iraqi dinar bank notes…We don’t want to end up like Zimbabwe and not have access to exchange options…When asked whether Iraq has a closed currency system the answer is yes and no. A closed currency is one that is not freely traded on international markets and is typically restricted to use within its issuing country…As of 2024 over a dozen countries maintain closed currency systems [Including the Indian Rupee, Zimbabwe, ZiG dollar and North Korean, Won]…The Iraqi dinar is not classified as a closed currency, however it might as well be. Iraq’s central bank has implemented specific foreign exchange controls and restrictions to stabilize its currency and prevent illicit financial activities.
______________________________________________________
Nader From The Mid East
I think between $2.50 and $2.84…I can see the end of the tunnel. I don’t know how far is that but I can see it so I’m excited about it…I’m happy for everybody who is going to make money of it, not only for Iraq, I’m happy for everybody…You guys invested in yourself and in Iraq in the same time…
______________________________________________________
Samson (KTFA)
Article:
”Economist: The parallel market sells the dollar at a price not controlled by the government”
—
Advertisement
______________________________________________________
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
