Dinarland Highlights – 2.27.26
MarkZ
[via PDK]
(From Wednesday) On the bond side its d**d quiet. On the banking side…my contacts in Wealth Management have gone very quiet. When you ask them anything on timing or what they have been told they go d**d silent. Maybe they are getting que’d up and possibly getting some details. But nobody wants to lose their chance at the trough. This is just a guess.
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Mountain Goat
I assure you things can change on a dime. Wait and watch! There are already too many signs we are very near. Parliament is waiting for the budget and will soon address the Oil and Gas Law.
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Jeff
We’re not far away from the rate change right now guys. It could be anywhere from a short period of time to maybe just a month or two out…Nobody knows…There’s so many things happening geopolitically that it’s kind of fluid. We don’t know if the war or the interactions between the United States and Iran is a factor in this. It could be…We have to play it safe and see what happens.
Article
“Iraq raises its gold receivers and advances to the 28th place globally”
Asset backing their currency because they’re about to go international.
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Clare (KTFA)
Article:
“Maliki receives Trump’s envoy”
Quote:
“Hisham al-Rikabi, director of al-Maliki’s media office, said, Nouri al-Maliki, head of the State of Law Coalition, received US Special Envoy to Iraq Tom B*****k in Baghdad.”
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Fnu Lnu
Article:
“The Central Bank of Iraq (CBI) has announced updated lists of banks and companies prohibited from dealing in US dollars as part of its ongoing banking sector reform initiative… Banks restricted from dealing in US dollars: (28 banks)…Blacklisted banks:(4 banks)…Other companies restricted from dealing in US dollars: (75)”
IRAQ IS IN TERRIBLE SHAPE AND IS IN THE MIDST OF A SERIOUS SETBACK…As you may surmise, Iraq is still under the spell of massive fraud and criminality with Maliki on top. One may wish to adjust their expectations for an RV anytime soon…
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MilitiaMan
[See Fnu Lnu Banned Banks post]
My view if accurate, which I believe it is — there are enough banks (and the CBI is actively strengthening them) to support integration. The restructuring/merger/compliance push is the final cleanup, not a delay. Iraq is ready now (or very close) for the next phase — the CBI can move on REER when prudent…
This next phase is one we’ve been watching for many year…I think that’s going to include a real effective exchange rate…I think the stage has been set. I think the data we have is quite solid…
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Frank26 (KTFA)
There’s a lot of minefields you can’t see. Please be careful…Yesterday people were asking me, “Where’s the redemption centers?” There isn’t any. This morning people were asking me, “Where’s the 800 number?” There isn’t any. Last week people were calling me and asking about the tiers, “Where I’m supposed to call and get to the tiers into the banks.” There are no tiers.
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Samson
Article:
“IRAQ STRENGTHENS ITS POSITION AMONG THE TOP OIL SUPPLIERS TO THE ASIAN MARKET”
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
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