Dinarland Highlights – 4.21.26
Mountain Goat
Every time the Project to Delete the Zero has come up, the Central Bank has said the same thing: “this is an administrative reform, not a revaluation, and it will not change the exchange rate”. …this statement was…factual information from the CBI…This is not a revaluation…it is the reinstatement and NOT the redenomination that we want and this is what will get us to the bank. It is this that will bring us the change in the rate of the dinar sizable that we all want and not the Project to Delete the Zeros. …However, having said this the project to delete the zeros, in the master plan of a revaluation, must precede the reinstatement.
=======================================
MarkZ
[via PDK]
I am expecting a crazy week. I hear rumors that this is our week…but they also said that last week and we did not get it.
On Tuesday articles say there were behind the scenes meetings to confirm the Prime Ministers file. Confirming the withdrawal of Maliki and Abadi. The vote took place with 9 leaders out of 12. Sudani abstained from the vote. Tomorrow they will announce the official candidate for Prime Minister.
=======================================
Jeff
The US is halting or postponing sending US dollars to Iraq to light a fire under their rear to get them to form the government sooner.
If everything is done with the full government formation by Saturday…There’s a very good chance the rate can change this month of April. That’s all that we’re looking for. We’re extremely close to the end of this ride.
=======================================
Stephen
Quite a few people sending me the same article. It is actually a pretty big development when it comes to the US/Iraq relationship…and important for the Iraqi dinar.
Article:
“Washington has halted US dollar shipments to Iraq until a new government is formed.”
The US is telling Iraq they want all of the Iranian influence, any Iranian leadership out…We don’t want them involved in your new government… The US is holding over Iraq’s head saying, ‘Hey if you don’t…get rid of all Iranian influence and leadership in your newly formed movement then we are no longer going to send you US dollars like we have been for the last 23 years.‘ This is probably the biggest breakdown of US/Iraq talks in the last 23 years. This is a really big deal…I think this is a good thing…
This is going to be a very large wealth event for a lot of people. If you have never managed money before, let alone managed a significant amount of money before, the you’re not protected. If you’re not wise, if you don’t know what questions to ask, if you’re not fully prepared, then you’re going to be a target. Not using wise judgement you’re going to probably lose a lot more money that you initially had to…I think we’re closer than ever and having a plan in place is very very critical.
Advertisement
______________________________________________________
=======================================
Samson
Article:
“INVESTMENT AUTHORITY : THE DINAR WILL BE THE SOLE CURRENCY FOR THE SALE OF RESIDENTIAL UNITS”
Quote:
“It affirmed that violating entities will be held legally accountable under the relevant laws.”
Article:
“GOVERNMENT ADVISOR: INFLATION REMAINING BELOW 3% REFLECTS THE EXISTENCE OF A SYSTEM THAT HAS SUCCESSFULLY ABSORBED SHOCKS”
Quote:
“Saleh explained that although the parallel market witnessed significant deviations in the exchange rate, reaching about 16%, from its rates before the Hormuz shock and the 12-day war before it this year, the annual inflation rate remained below 3%, noting that this paradox reflects the existence of an integrated economic policy system that succeeded in absorbing shocks and limiting their transmission to the general price level.”
=======================================
Clare (KTFA)
Article:
“Dinar only for purchasing residential units”
Quote:
“Local sources confirmed National Investment Authority Investment authorities in all governorates are committed to implementing the applicable instructions and regulations regarding the sale and lease of residential units within investment projects, which stipulate the exclusive use of the Iraqi dinar in all sales and installment transactions, emphasizing the prohibition of dealing in any foreign currency… these measures are part of supporting the state’s monetary policy and strengthening confidence in the national currency, as well as reducing exchange rate fluctuations…The commission called on “citizens to report any violations in this regard.”
=======================================
Paulette
The name of Ihsan Al-Awadi as a new candidate…may be acceptable…although I am still selfishly hoping for Mahdi whose COM authored the White Papers “Pillars for Economic Reform”…after all, they were a roadmap to return the IQD to Forex…Ihsan Al-Awadi was part of the Mahdi government so at least that may be beneficial…
=======================================
Advertisement
______________________________________________________
Reset Intelligence
Al-Alaq’s public statement is that the Central Bank of Iraq is constantly reviewing the deletion of the zeros from the dinar. Ground sources report that the banking sector has lost patience with the governor personally…The institution [CBI] is moving. The operator [Alaq] is still reading scripts.
=======================================
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
OMAR: The television is saying the United States of America has halted the shipment of dollars to our country until the government is formed. We also see the United States of America has also halted security.
FRANK: What do you need for your new exchange rate? Security and stability…You know what to do. Get rid of those idiots, raise the value of your currency and form your government… Trump is not playing games.
=======================================
MilitiaMan
Because of Hormuz, what is taking place is Iraq is going to be in the driver’s seat at the end of the day and already showing signs of that…If they were to keep it closed, they can still get by. Big.
=======================================
Fnu Lnu
As you know…I am a proponent of using Trusts to mitigate taxes…I was recently made aware…our Dinar are classified as Exotic / Collectibles…IRS code 408 (m) has a special taxation amount of 28%…Yes, nearly 1/3 of your Dinar value. The only way I know to avoid the collectible tax is to use a Charitable Remainder Uni-Trust which is an irrevocable trust that is exempt from Capitol Gains taxes. My Dinar are in such a trust…
—
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
Advertisement
______________________________________________________
