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Dinarland Highlights – 1.1.25
Wolverine
[via Judy Byington]
…get prepared everyone because this time it’s coming…All protocols have (allegedly) been met and everything is ready to go…I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025…
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Television says the matter has been resolved, there is no money dollar currency auctions platform anymore after 20 years.
FRANK: No wonder they’re showing you the old lower notes.
FIREFLY: This is from the CBI spokesman.
FRANK: This is an official source then. They’re over.
Question:
“Does the rate have to be posted on Forex for it to be official?”
No because Forex is secondary…The number one place that it will be at long before anybody is the CBI.
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MarkZ
[via PDK]
Question: When the auctions end-then we get a new rate?
MarkZ: They are supposed to…it may take a few days without the new rate so they can let things stabalize…but then BAM…we get a REER (Real Effective Exchange Rate). At least that is what they have been telling us from Iraq.
A number of people have checked in and they are very excited about the education and conversations in Iraq. The talk has been overwhelming about small notes…or lower denominations…this is from government and banking employees throughout Iraq. Why do they need smaller notes?
“The CBI announces the official closing of the dollar selling window”
Auctions are done and closed and they have announced the transition to the new process. There was no auction today.
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MilitiaMan
Article:
“Parliamentary Finance Committee demands clear guarantees to resume oil exports from the region”
That would likely be an exchange rate for determination of the precise clarifications and guarantees. It looks to be a timing thing now for Iraq to expose a new exchange rate…
They’re putting the parallel market to rest. That’s probably what’s going to happen. Would there be some sort of one in the future? Could be, but we’re going to find out.
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Clare (KTFA)
Article:
“What will happen on Sunday? Goodbye dollar auction.. Central Bank announces the end of 20 years of billions and suspicions”
Quote:
“The matter has been settled.. Iraq will no longer offer its precious dollars in the controversial dollar auction, or what was called the foreign currency sales window and the electronic platform. After 20 years since the start of this procedure, Ammar Khalaf, Deputy Governor of the Central Bank, confirmed in a statement to the 964 Network that the dollar platform has become closed in compliance with the date set by the governor to close it at the end of 2024.”
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Fnu Lnu
[Reply to Guru Bruce 12-31-2024 post below]
Here we have a complete lack of understanding of the “Dinar for Oil” program.
First: There are NO redemption centers and NO contract rates. You must hold a private sales contract which is pre October 2011. All contracts were suspended by court ordered injunction in late October, 2011.
Secondly: There will be DeLarue machines at the off premises / satellite bank offices. They will not offer you a contract rate A) Because you don’t have a contract and B) because the price of an Iraqi barrel of oil as of November 2024 is $80.50.
If you think you’ll get $80.50 per dinar I have a mountain chalet in Miami I’ll sell you real cheap…
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Jeff
Article:
“With the beginning of the new year, the US dollar enters a new phase in Iraq”
They’re trying to tell you here is the currency auctions and the use of the electronic platform will continue at least into sometime early 2025…Again the currency auctions are not ending by the end of 2024. They’re not ending by January 2nd. The currency auctions will continue into early 2025…As of January 7th they have a scheduled e*******n date for remittance auction…
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Bruce (The Big Call)
[via WiserNow]
We’re in a really good place right now…it’s quite conceivable that we will have a true celebration…on Thursday… That’s Thursday, January 2…We know that the staff, the leadership and the staff of the redemption centers are going in Thursday…the second to be ready for us…if the information we’re getting is coming through for us, every reason to believe we are going to get this…by Thursday…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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