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Dinarland Highlights – 10.3.25
Mountain Goat
Article:
“AL-SUDANI POINTS TO A HISTORIC AGREEMENT WITH THE KURDISTAN REGION: WE WAITED 18 YEARS FOR IT.”
Quote:
“…we reached a historic agreement under which the federal Ministry of Oil will receive crude oil produced from fields located in the Kurdistan Region and export it via the Iraq-Turkey pipeline.”
Can you say Oil and Gas Law coming….
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MarkZ
[via PDK]
“20 billion barrels of Kirkuk oil fill reserves“
BP (British Petroleum) is talking about how excited they are. They are letting the world know how wealthy Iraq is. It makes sense if you are going to change the value…you need to Let people know they can support it with commodities and natural resources.
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Frank26 (KTFA)
Something is going on. We see the words I have been sharing with you for years in print now. It’s exciting…The monetary reform of the Iraqi dinar doesn’t have much more time…They told the citizens they’re about to give them the new exchange rate.
[Iraq boots-on-the-ground report]
FIREFLY: Sammy said Alaq said the monetary reform has ended. It has achieved all its goals. We are now implementing it according to the time frame set.
You think Vietnam wants you to buy their dong? Vietnam will do exactly what Iraq is doing. Mark my words. Write that down. Vietnam will do exactly what the Iraqi dinar is doing right now. Write that down.
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Pimpy
Stability is what we’re looking for in Iraq and so far they seem to be well on track. Al-Sudani has managed to keep them from conflict which is really good for Iraq. We hope he gets reelected. Their currency is now stable. They’re no longer on the exotic money list. There’s a lot of good things lining up fairly quick for Iraq. Let’s keep our fingers crossed this happens a lot quicker than later.
A redenomination is the changing of the image on the bank note.
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Fnu Lnu
[Response to 10-2-2025 Guru Sandy Ingram post]
The IRC ( Internal Revenue Code)…allows a person, in the case of currencies, to determine the way in which you wish to declare your taxes. You may choose to pay the tax as Regular Income OR as Capital Gains. If you have receipts to prove long/short term capital gains…you may wish to pay tax as a capital gain. If you do not have receipts, like me, then you could declare it as regular income. It is not the bank’s job to handle your taxes. They are not the IRS. You do not need receipts to make your exchange in any circumstance.
If you are smart, you will set up a CRUT (Charitable Remainder Uni-Trust) and pay only 10% and you are not liable for the 10% for 20 years.
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Walkingstick (KTFA)
[Iraq bank friend Aki update]
WALKINGSTICK: Do you have a time period when you’re going to be closing up for about 3 days.
AKI: Yes. That’s not a secret. The US Treasury is constantly in and out of our country. Many time we are following all their instructions. They told me I had to stay here in my private bank [in Dearborn] because the US Treasury wanted it that way.
WS: Why do you think they asked you to stay there?
AKI: Because we are at the end of the time line…I told you we have had a date for a long time. That date is coming to an end. On that date they will introduce a new exchange rate.
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Clare (KTFA)
Article:
“US State Department: The T******************n is working to ensure the continued flow of Kurdistan’s oil exports”
Quote:
“Iraqi and Kurdish officials said that US pressure was a decisive factor in reaching the export agreement, and Washington is now seeking to transform it into a long-term agreement that also protects the interests of American companies”
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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