Dinarland Highlights – 12.4.25
Bruce (The Big Call)
[via WiserNow]
We sent a contingent of 15 representatives from the United States to Iraq…they met with Alak who’s head of the bank of Iraq and they also met with Sudani…and they have decided with Iraq to put out a new international rate on the Iraq dinar…and also we’re going to put that rate out so that would be picked up in the United States …it looks like everything that I’ve heard from Thanksgiving on is pointing to us getting that, contingent to Iraq, get everything done so that we would have a new international rate on the dinar, which, by the way, is not our rate…
…our rate is much higher, and we have a contract rate that is out of this world at redemption centers only. So the group that went over there…was successful…to do what they said…And I believe we have a green light now from Treasury, from Pres Trump – our Military… everything is lined up. I believe there’s nothing else to hold it up…Let’s get our notifications, let’s set our appointments, and let’s...Start exchanges on Thursday…That’s what I’m hoping.
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MarkZ
[via PDK]
The US deputy director for the State Dept…has arrived in Iraq. Meetings have been ongoing. So we have the US Deputy Director of State in Baghdad. We have Trumps special envoy, Mark Savoya in Baghdad. We have the UN Security council meeting going on as we speak in New York. There is a lot going on with Iraq right now… and very interesting timing. Lots are happening all at once.
Comment: I saw this morning that BIS will be posting new exchange rates for the week! just dont know what time that they release them.
MarkZ: The BIS (Bank of International Settlements) had a meeting this afternoon…on “EXCHANGE RATES” International and all around the world. They have called a meeting to discuss exchange rates. This could be big or it could be a standard meeting…We do not know…
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Frank26 (KTFA)
Something I never ever thought I would talk to you about…GCR…If you’ve been with me for a while, you know I don’t believe in a global currency reset. I just don’t think it’s mathematically possible. But do you recall something around this summer…I said, ‘But Im going to confess, I believe in a mini-GRC.’ …
Now that we, the Untied States, are there, the speed of the monetary reform should pick up even faster now…Digitalization IMO also requires the lifting of the three zeros. The fact they talk about it so much is a conclusion that they are about to lift the three zeros. It’s called priming you…preparing you. Call it a precursor.
The drama from Maliki and the framework is like a soap opera that just will not end…but Trump will not allow Maliki to interfere, as Sudani being the prime minister. I told you, mark my words on this…Maliki and the framework…will coward down and will retreat with their tail between their legs because we are there…And IMO because we are there you are now going to hear more positive information about your monetary reform process.
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MilitiaMan
The only remaining official steps are the publication and/or re-denomination law and the formal transition to a damaged float because that’s what they indicated. That’s how I see it. Whether I’m right or not, is to be determined. Both of those things, which are expected in the near term through normal legislative and CBI processes. The legal authority is what we’re waiting for…The monetary banking reform is taking place before our eyes.
The CBI and government advisers have publicly stated in the last week that the next regime will be a managed float and the CBI will guide the rate using reserves rather that let it free fall. There was an article out today about the different types of floats, different types of pegs. One of the key focuses is a managed float…because that makes the most sense.
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Pimpy
Sudani has a slim chance and a long road ahead. Let’s keep our fingers crossed that he gets the prime minister position again. It appears Maliki wants to be prime minister. God Forbid him ever becoming prime minister again because if he does I think he’s going to be more a pain in the a*s than he is doing what’s right for the Iraqi people.
Article:
“Trump praises Iraqi Prime Minister Al-Sudani”
Here is another example of why it is we need Al-Sudani to get back as prime minister. He does have a very good relationship with the United States, especially Donald Trump.
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Samson (KTFA)
Article:
“IRAQI-AMERICAN FUND TO FINANCE THE DEVELOPMENT ROAD”
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Walkingstick (KTFA)
[Iraqi Bank Friend Aki update]
AKI: We’re working on those codes, on a lot of things. We’re working on things Donald Trump wants…
WALKINGSTICK: What does Donald Trump want?
AKI: Tariffs, those are handcuffs for a country, for their currency…He is causing issues with currencies around the world and the majority of them are in the Middle East…December 1st has been changed to January 1st…At that time there’s going to be a lot of rate changes of currencies around the world because a lot of these countries are challenging the American dollar. That’s why your Trump is doing what he’s doing with all of these currencies, especially in the Middle East. Middle Eastern currencies are challenging the American dollar. Trump doesn’t like it…Middle Eastern countries do not like that Middle Eastern oil is being sold in American dollars…
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Sandy Ingram
The IQD revalue…may finally happen…The development road project is no secret…the DRP will bring massive new money into Iraq. There will be higher national revenue, more foreign currency coming into the central bank than ever before. There will be stronger reserves to support a stronger dinar…The DRP will create long-term economic stability…outside the oil industry. That is the one major complaint the IMF had over Iraq increasing the value of its currency…Here’s the kicker, the foreign companies will need Iraqi dinar to do business inside Iraq…Companies will spend in the IQD. More demand for dinar equals higher value in the dinar. This simple supply-demand rule is one of the easiest ways for Iraq to strengthen its currency without changing anything politically.
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Clare (KTFA)
Article:
“Al-Sudani: The Faw Port and Development Road project is a ‘dream’ project to create a new Iraq”
Quote:
“Al-Sudani said, Our government…has invested in Iraq’s location to be a bridge between East and West…The project is expected to provide around 100,000 job opportunities in the first phase and one million job opportunities upon completion, and will promote economic growth and regional and international cooperation.“
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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