Dinarland Highlights – 1.3.26
MarkZ
[via PDK]
Comment: I had really been hopeful they would actually do it for Jan 1…sigh.
MarkZ: Its all good and lots of things are happening. It’s going to be an epic year.
Comment: I am a little excited today.
MarkZ: Things are definitely getting interesting.
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Mountain Goat
Folks this is finally all coming together for Iraq; however, my contact warned me that there is still the new prime minister to be announced and government formed…the new speaker of parliament was sworn in and now he has to swear in the new members of parliament…Will they make it to the target of early January for an RV?…when Iraq really, really wants things to move along it does. I also firmly believe that they will need to pass the Oil and Gas law in the new parliament…I do not believe this will stop the reinstatement but would help to have it done.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Baghdad One News is showing the first withdrawal of the US troops from the air base. They are withdrawing today. They’re showing the first groups of them leaving out. We have security and stability. It just has to be shown with a new rate…The convoy of 50 Hummers, trucks and soldiers have just left the base and are heading towards Kurdistan region with air power as cover…
FRANK: All we’re doing is moving our troops around. We will never leave that area. We will never leave Iraq because we are there to defend our investment in Iraq…
The CBI is in charge of the monetary reform. Not the GOI, not the US Treasury, not the IMF, only the CBI, not Alaq, the governor. The BOD, board of directors of the CBI, they’re the ones that are in charge. They’re the one that determine when they’re going to release the new exchange rate. They said, and we have the articles, that on December 31st 1310 was going to expire…What happened? What happened IMO is this is what we call a warding off speculation...Alaq…why would you lie like that? …They’re warding off speculation. They’s why there is no solution to what you’re seeing.
The #1 thing to know about wealth is never spend your wealth. ‘I got a million dollars. I’m going to buy a million dollar home.’ Do you know what it cost for a million dollar home insurance? No. Do you know what it costs a million dollar home maintenance? No…property tax? No. Then you’re going to blow your million dollars and buy the house? How are you going to afford it? Are you going to keep it? Never spend your principle. Live off the dividends, off of your principle, off the royalties of your principle.
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Jeff
Be careful. There’s a lot of misleading stuff out there. For example, not trying to bash, just helping you…I received a text message this morning…saying, ‘Hey, Sudani put information out that the current dinar value of 1310 would expire on January 1st.’ I’m like, that’s kind of interesting because the government or Sudani does not control the currency value or the monetary system. That’s controlled only by the central bank so Sudani can’t even say that.
Iraq is extremely close to getting back on the world stage because they’re now being declared as an international sovereign state by the UN.
Let’s say you have a 25 note and the 25,000 note. They’ll coexist at the same value. That means value against a foreign currency, being the dollar…It doesn’t mean the dinar notes have the same value. It means the dinar notes are working off of the same value. So if the value is $3.00 and you have a 25 note – 25 x $3 = $75. A 25,000 is worth $75,000. That’s what that means…
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Samson (KTFA)
Article:
“RECONSTRUCTION AND DEVELOPMENT : WE ARE THE LARGEST BLOC WITHIN THE FRAMEWORK AND ARE COMMITTED TO RENEWING THE SUDANESE MANDATE”
Article:
“IRAQ OPENS ITS DOORS TO THE WORLD”
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Clare (KTFA)
Article:
“Trump threatens military intervention in Iran to protect protesters”
Quote:
“Trump said in a post on Truth Social: ‘If Iran shoots and v*******y kills peaceful protesters, as they have done before, the United States of America will come to their aid.’ “
Article:
“The Central Bank of Syria explains the pricing and payment mechanisms for the new Syrian pound”
Quote:
“The Governor of the Central Bank of Syria…stressed the importance of implementing the currency replacement process accurately and with discipline, noting that the new official currency unit is the new Syrian pound, is equal to 100 pounds of the old currency“
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Paulette (KTFA)
Article:
“The Central Bank of Syria requires citizens to follow new procedures when exchanging currency”
This is not what we want to see Iraq do! Please note Syria is not IMF Article VIII compliant and therefore can have this MCP…However, their currency does not have freedom of movement internationally. This is the same as Iraq however, everything we have been reading suggests Iraq is moving in the direction of “accepting Article VIII obligations”. It just wouldn’t make sense to take a step backward and institute a MCP like Syria will be doing… Also, as opposed to Iraq, Syria expanded its money supply…We know Iraq has been contracting their money supply…Syria plans a 90 day transition…The CBI has told us…new lower notes and fils will coexist in the market place upwards of two years and in the banks at least ten years. It is unimaginable Iraq will not “accept Article VIII obligations” for a period of up to ten years. However, it certainly is possible that Iraq will do something similar albeit unlikely based on all known facts.
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Fnu Lnu
Article:
“Iraq’s Directorate of Industrial Development has issued 158 licenses for new industrial projects during November”
Iraq is doing just fine and making progress all the time while still using a 1320 rate on the Dinar. Progress DOES NOT depend on a revalued Dinar.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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