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Dinarland Highlights – 5.30.26
Mountain Goat
There is much progress being made in the planning for this radical economic transformation to bring Iraq in the direction we all need it to go. My CBI contact has informed me that meetings are being held to discuss these plans now with the new prime minister, his finance committee and the US Treasury.
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Bruce (The Big Call)
[via WiserNow]
…It’s all coming together, but it doesn’t look like we’re going to get anything until the first couple of days of June, which would be Monday or Tuesday... We look forward to this coming to fruition, coming to an end.
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Ross
Iraq isn’t poor. It’s an oil superpower. 5th-largest proven reserves on Earth (147 billion barrels). Lowest production costs globally. Still HOLDing $100B in foreign reserves at the CBI. Iraq can’t keep borrowing forever when its real wealth (oil in the ground + reserves) is massive (but trapped). The key to the revaluation is unlocking the wealth. This crisis is the justification for the clean break: IQD revaluation to actual asset-backed levels — not the artificial low rate tied to the old model…
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Jeff
You have to bring some common sense to this. They can’t put new denominations of small currency out in the public where they risk the money getting stolen or photographed. They can’t risk those steps.
Community comment:
“It’s not going to come out 1 to 1.”
Jeff: I agree with you 1000%.
Question:
“What are your thoughts on the Venezuela Bolivar?”
I want to see how high their inflation is. Before you even consider a country, you got to know their inflation levels. It’s looking like right now like they have hyperinflation...it reached 650% in March of this year. There is no way a country is going to remove zeros from their currency. They’re adding zeros if they’re hyper-inflated.
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Frank26 (KTFA)
There’s a lot about the monetary reform of the Iraqi dinar that is being suppressed and not being told to you just yet…The next 72 hours is going to lay out a golden road map for [Iraq’s] monetary reform. But first it must start with the seating of [al-Kaidi’s] government.
I find the HCL to be the #1 clear evidence that there is a new exchange rate and the fact that the HCL is top priority for the ’26 budget only leads to common sense. There’s a new exchange rate.
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Reset Intelligence
When Tehran’s own proxy tells its fighters to put their guns under the Iraqi state, Tehran has decided position is no longer worth the price of keeping it. No army took that decision out of its hands. Financial pressure did…The next domino is already leaning…
Washington holds Iraq’s frozen funds at the NY Fed and won’t release them until the militias fold under one command. Disarmament is the gate the new rate sits behind.
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MilitiaMan
It’s the e*******n phase gaining real speed after years of quiet foundational work…Things have changed… Cleaner government and political stability…This is an exciting and very uplifting time period we’re in. I really believe momentum is gaining speed…At this stage we haven’t seen anything like it in all the years I’ve been here…
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Sandy Ingram
Analysis say Iraq is gearing up to become a major financial economic transportation hub. Now don’t fool yourself. When Iraq’s currency increases in value, so will the economics of the Middle East. Wise people in the Middle East are pulling for Iraq’s currency and the country of Iraq because Iraq really is the center of the Middle East…
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Stephen (Dinar For Dummies)
We have to start thinking ahead of the dinar revaluation. We have to start planning. We can’t just look for dates and rates and then it happens and we’re not prepared. Because those who prepare are going to end up saving and growing a lot more money than those…who just wanted it to happen. There’s no plan. There’s no preparation, you take whatever fees the bank tells you. You get emotional about it and you end up having a lot less than you probably should have...
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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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