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Dinarland Highlights – 6.8.26
Mountain Goat
… this effort in Iraq to get to the reinstatement of the dinar is a much, much broader effort than most know. It is only a small part of a bigger global reset. Iraq does not stand alone as they must comply with the international standards already set to make this reset work…
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MarkZ
[via PDK]
We know there is a change coming …we know there is a reset coming…we can see the pieces all around us. Central Banks are buying the metals. We just don’t know the exact timing.
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Clare (KTFA)
Article:
“The Central Bank of Iraq issues a clarification regarding the ‘printing of 25 trillion dinars’ to provide salaries”
Quote:
“…there is a fundamental and important difference between ‘discounting treasury bills’ and ‘printing currency’…discounting bills provides temporary financial liquidity…and is repaid when the bill matures…with strict adherence to its maturity dates...As for (printing currency), it is the issuance of new money without compensation that is injected directly into the economy, which leads to direct inflation and erosion of the currency’s value. It is not recovered and represents a permanent monetary burden…completely prohibited under the Central Bank of Iraq Law No. (56) of 2004. Therefore, the simplified description…as ‘printing currency’ does not reflect its true technical and financial nature.”
Article:
“Al-Araby Al-Jadeed: Al-Zaydi wants to finalize the appointment of the Ministers of Interior and Defense before going to the United States”
Quote:
“The presence of the Ministers of Defense and Interior is essential for this visit, in which security files will be on the agenda.”
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Jeff
News about printing dinar to cover the budget gap was not true. It was very misleading and inaccurate.
Article:
“Printing currency is legally prohibited and does not reflect the nature of ongoing operations…”
The central bank is coming out telling you that.
Anytime within a few weeks after the government is formed they can then proceed to revaluing the currency. That’s most likely how it’s going to unfold…The news is the best overall that we’ve see…I guarantee you the rest of the government…is much farther along than what they’re telling us.
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Reset Intelligence
Look at who just told the world he is getting on a plane. Al-Zaidi, prime minister of a country that cannot make payroll, its oil chocked off, and its central bank printing to cover the gap, has confirmed he will fly to Washington with a delegation behind him. The cover story is investment and reconstruction…A bankrupt oil state does not fly to Washington to talk business it cannot fund…
The pressure you are seeing is external and engineered, the kind that breaks an old arrangement so a new one can take its place. Iraq is being walked into an engineered currency revaluation, the one where increasing the value is the only door left.
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Frank26 (KTFA)
How many times do you have to be told by Trump there is no Iranian influence in the formation of the Iraqi government …You are not invited. You are not welcome. You are not wanted. And you will never interfere with what we are doing says Donald Trump to the Iranian factions…We are forming your new government and we will tell you when you can have your new exchange rate.
80 trillion dinars outside of the banks of Iraq. That’s a problem. But if you raise the value of your currency, I promise you, you’ll get every one of them back…
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Sandy Ingram
The $900 [approved World Bank financing trade routes] enable Iraq to increase its GDP. Current rate doesn’t automatically go up just because the GDP goes up, but the currency exchange rate can’t go up if the GDP doesn’t increase…
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MilitiaMan
The tide is turning. Real progress is accelerating across Iraq. REER next? …Your investment is solid. We just don’t know the date and the rate and nobody will until it happens…When Alaq speaks it’s be effective immediately…They’re not going to tell you it’s going to happen in 3 or 4 days…That’s not the way it’s going to work…This is a genuinely an encouraging period of time. I hope you feel the same as I do.
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Thom
I am not bullish enough on VND.
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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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