Dinarland Highlights – 4.26.26
MarkZ
[via PDK]
On bonds…they had expected things to go this week. I got one update this morning that said it had been an amazing week and they should get their full funding by Tuesday morning. But things went great. They also said there had been some slow delays dealing with Iraq. But now things are looking really good…Think about all these pieces in Iraq and also what the bond folks said. To me its obvious there is a push to get this across the finish line.
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Bruce (The Big Call)
[via WiserNow]
We’re gonna have to see what happens…hopefully…we’re going to get with toll free numbers and we’re starting exchanges by…Tuesday, we’ll see — this thing is definitely a moving target…
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Samson
Article:
“US STATE DEPARTMENT : SENDING DOLLARS TO IRAQ WAS TEMPORARILY SUSPENDED”
Article:
“The President of the Republic affirms to the Governor of the Central Bank the necessity of strengthening the dinar and continuing reforms“
Article:
“IRAQ MAINTAINS ITS POSITION AMONG THE WORLD’S TOP HOLDERS OF GOLD RESERVES”
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Stephen (Dinar For Dummies)
This past week we have President Donald Trump directly getting involved and halting $500 million US dollars from going to the country of Iraq…Iraq operates pretty much on the US dollar because the Iraqi dinar is essentially worthless. So their country is flooded with US dollars. A lot of the US dollars that have been flowing to Iraq since 2003 have been directly sent to the country of Iran. This is why…the entire Iranian regime coming down was such a critical and massive step for Iraq to break free from their stronghold and be able to become independent and revalue or reinstate they currency which is what all of us investors are hoping for. We’re seeing it all happen before our very eyes.
If you are an investor in the Iraqi dinar, you should be very encouraged and feel very positive about what the investment that you hold. I know I am. I believe we’re going to see some major movement and some major change in the near future.
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Fnu Lnu
Article:
“Cylinder Seal…proposes a Digital Iraqi Dinar (Digital IQD) as a sovereign Central Bank Digital Currency (CBDC) designed not merely as a modern payment system, but as a direct instrument of economic and trade policy.”
This is just as I told you. Iraq will use the CBDC for trade and payments. The citizens will still have the paper Dinar for commerce in country. The next step is to redenominate the Dinar and require the citizen to exchange the three zero notes for the new currency and only have a very short window to do so and at the same time the window closes, the RV will take place giving the citizens spending power and we will then have three zero notes worth the RV rate even though our notes will still have three zeros. This could take some time, perhaps additional years.
Article:
“Moody’s has changed its outlook on the Government of Iraq to negative from stable and affirmed the long-term issuer ratings at Caa1…The change in the outlook to negative reflects rising risks to Iraq’s credit profile stemming from the conflict in the Middle East, as risks to energy flows and the security situation remain elevated.”
This verifies my contention that the war is and has caused serious degradation of the economic outlook for Iraq. Two steps backwards.
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Sandy Ingram
The Strait of Hormuz…What would happen if and when oil hits $200 a barrel? The Iraqi budget wouldn’t just balance, it would explode in a massive surplus. Is this the event that would trigger the IQD currency adjustment? Iraq’s economy depends on oil and their budget will balance if oil is priced at $70 per barrel. If oil goes to $150 to $200 a barrel, Iraq’s foreign reserves would double within months. We already know they have $100 billion in foreign reserve in the United States…This is not a pie in the sky assessment. This is an assessment global economists can clearly see and now you can see.
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MilitiaMan
Oil prices are rising on supply concerns…The medium and heavy was somewhere around $122. That’s big…because their budget is at $70. That’s $50 over. That’s a lot of money. At the same time this is taking place Iraq is actively working on alternative routes and domestic production to reduce single point of risk.
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Frank26 (KTFA)
America is removing any Iranian influence… And if you are connected to Iran in any way, shape or form and you do not go along with Iraq’s monetary reform then you are removed.
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Jeff
Let me tell you how this is going to break down between the Central Bank of Iraq’s website and Forex. First off, Forex is delayed by 3 days…If you have Iraqi dinar, go to the Central Bank of Iraq’s website to know when the rate changes.
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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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