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Dinarland Highlights – 6.6.26
MarkZ
[via PDK]
…(Former connected contact) always said we would most likely go to bed on a Saturday Night and wake up to a whole new world on a Sunday. If I had to guess…look at a Sunday.
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Bruce (The Big Call)
[via WiserNow]
We’re going to create a new timeline…The…thing that we’re getting that’s really significant is we’re understanding that all currencies that we’re looking to be revalued will show up on the Forex on Sunday night…at 8:30pm Sunday night, which is the seventh of June…That would actually be the re-evaluation the RV would essentially start with all the currencies appearing revalued on the foreign exchange, the Forex…sounds like we should get notified and get our 800 numbers to us on the eighth…
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Reset Intelligence
Everyone is disarming in Iraq this week, and almost no one is asking why now. The answer: you cannot route Iraq’s oil money onto clean rails while the militias are still skimming it at the wellhead. Remove the guns first, then the money has somewhere honest to land.
Reform in Iraq used to be measured in years, which delivered zilch. Al-Zaidi has done more in 19 days than his predecessors managed in a decade. And all of it is leading to one thing. The CBI still holds the IQD at 1300 to the dollar. The dinar reprices when the books behind it can survive an audit…The audit has started…The government is the piece Baghdad still has to finish.
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Clare (KTFA)
Article:
“Republicans in the US Congress praise al-Zaidi’s steps to restrict weapons to the state: The rule of law must be upheld”
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MilitiaMan
The foundation built over the last few years is now being activated. Al-Sudani was very successful in doing what he did. It’s like he passed off the baton to someone else who is just as qualified who’s going to take us into the end of the game. The stage is being set for even greater stability and for long-term progress…Greater stability, long-term progress, they’re going to need to have these things in place to be able to support the value fo a Real Effective Exchange Rate into the future…
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Samson
Article:
“THE WORLD BANK APPROVES $900 MILLION IN FUNDING FOR A PROJECT TO DEVELOP IRAQ’S ROAD NETWORK”
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Sandy Ingram
I’m a little excited…Breaking news and excellent news. The World Bank approves $900 million for Iraq. This is financing. It’s approved money. This money is designed to…help Iraq become more connected internally and regionally…This $900 million will enable the Development Road Project to come off without a hitch. This is excellent news…There’s your interstate international transit hub.
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Frank26 (KTFA)
Question:
“How long with the float occur?”
It depends on their economy. Are they growing or are they becoming a disastrous bankruptcy country? If it’s growing, shoot, you’ll see the Real Effective Exchange Rate, the REER, very quickly within a year. That’s what I think Iraq is going to got through, between 6 months to a year – KABOOM!
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Jeff
Question:
“Do we know what the rate could possibly be?”
IMO somewhere around $3.80. Not that exact number.
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Thom
Question:
“Why can’t Venezuela currency [Bolivar] exchange in the US for the current rate?”
US sanctions on Venezuela make it nearly impossible for American banks to transact in bolívars. Add in hyperinflation that’s destroyed the currency’s value, and there’s simply no legitimate market for it here. It’s not a lack of desire, but rather a sanctions wall.
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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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