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Dinarland Highlights – 6.22.26
Bruce (The Big Call)
[via WiserNow]
President Trump flew….to Geneva…that’s where they were having G7… There was a…signing of the peace agreement with Iran and US and 8 other countries in the Middle East…
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Judy Byington
It’s my personal opinion based on [several recent events] that we could anticipate Tier4b (us, the Internet Group) being notified to set exchange appointments sometime between Mon. June 22 and Sun. June 28.
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Mountain Goat
Articles:
“A STRATEGIC MOVE: EXXONMOBIL OPENS THE DOOR TO MASSIVE INVESTMENTS IN IRAQI OIL.”;
“46% NON-OIL: AN AMBITIOUS GOAL FOR RESTRUCTURING IRAQ’S FINANCES.”
WOW! So, the oil revenues will be growing too beside the non-oil revenues... Al-Sudani gave them a gift. Yes, a head start on this new undertaking for Iraq, which I believe is the direct path to investors of finally realizing what we have been waiting for – the reinstatement back to FOREX. But, as I said they must be able to pull this off (and do it not just talk about it). My CBI contact is very excited about this new undertaking and believes strongly in al-Zaidi…
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Clare (KTFA)
Article quote:
“Prime Minister Ali Faleh al-Zaidi presided over the handover ceremony on Sunday between the new Central Bank Governor, Nizar Nasser Hussein, and the outgoing Governor, Ali Mohsen al-Alaq…”
Article:
“Dollar Gap Persists Despite Official Rate as Iraq Awaits Customs Reforms and Washington Talks”
Quote:
“The Iraqi government has not issued any official statement regarding a possible adjustment to the dinar’s exchange rate. Economic issues are expected to feature prominently during upcoming discussions in Washington, where Iraqi officials are anticipated to address financial challenges, budgetary pressures, and measures to strengthen the country’s monetary stability.”
Article 1:
“A source reveals to Al-Mustaqilla: The government is moving towards removing three zeros from the Iraqi dinar and issuing a new currency“
Quote:
“Iraqi government, headed by Ali al-Zaidi, is moving towards studying and implementing a major economic project related to removing three zeros from the Iraqi currency …Is this the beginning of an actual change in the form of the Iraqi dinar? Or just a new debate within monetary policy circles?”
Article 2:
“Government spokesman Haider al-Aboudi told Al-Mada…the news circulating about the imminent removal of three zeros from the Iraqi currency or the revaluation of the dinar and the adjustment of the dollar exchange rate is not based on any official decisions, stressing that the government does not have any project in this direction at the present time.”
Article:
“The government comments on intentions to change the dollar exchange rate”
Quote:
“flexible economic approach…this approach seeks to achieve a well-considered balance between the exchange rate and the gross domestic product, reflecting the true strength of the national economy and its structural characteristics, and ensuring the stability of macroeconomic indicators…“
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Reset Intelligence
Iraq put its central bank in the hands of the man who used to police its d***y money…Prime Minister Ali al-Zaidi presided over the formal handover at the Central Bank of Iraq. The new governor spent his career inside the anti-money-laundering office. Two days earlier, the Financial Action Task Force adopted a 9-point action plan with Iraq, a written list of fixes on a deadline, from a rule book for crypto firms to tracing every account to a real owner…Getting off the list is the way back into the dollar, and Iraq just stepped onto that path.
Iraq’s oil and gas law, the HCL, has sat d**d since 2007. This week Baghdad and Erbil shook hands on the revenue split…It decides who owns the barrel and who banks the money, and the dinar’s new rate is tied to that split…Nouri al-Maliki, the former premier who guarded the old money, is reported losing his post and the immunity that came with it. The man who kept the law buried for 19 years becomes, for the first time, prosecutable…The rails being built are transparent by design, and the old skim cannot run on them, so the routes get scrubbed first.
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Jeff
Alaq is not being fired. He’s being re-positioned.
Article quote:
“Alaq’s efforts during his tenure were praised.”
Which means he did a d**n good job because he prepared for the rate change. He wasn’t fired. It’s how they’re juggling personnel preparing, getting preparation steps done, to completely prepare for the rate change right in front of all of our faces…They’re going to get rid of Saleh because he’s older than dirt. They’re going to put Alaq in there [economic advisor] because they praised his tenure …while he was the central bank governor...You’ve got Trump Jr…the prime minister… putting the correct people in the correct spots.
Ding Ding Ding, yes Iraq lies their a*s off to you and talks out both sides of their mouth. Be careful if you want to drink their Kool-Aid because they do lie. They’re going to talk to you out of both sides of their mouth. They’re not going to tell you the truth. That’s why…we watch what they do instead of what they tell us.
A couple years ago, back when they put Alaq in, I said the only reason they were putting him in is because his signature is on the new printed smaller denominations. So they put him back in temporarily to commission the rate change with his signature being on the notes. That’s it…We are so close to the rate changing. You are about to be blessed with a brand new life and a new beginning.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
OMAR: Zaidi said to us on the television we are moving towards implementing the project to delete the three zeros from the Iraqi currency with plans to issue a new Iraq currency in the coming period…This is all over the place…
FRANK: it’s time to raise the value of the Iraqi dinar because nobody’s going to steal it this time… This is the day of miracles. This is what we’ve been waiting for, for them to make this speech. It comes directly from Zaidi…The time has come for the reality of your new exchange rate…
FRANK: I really don’t care when it happens. I just know that it’s going to happen.
OMAR: You’re a good guy. You help us. But…we care. It’s hard to live day by day here. Nobody helps us what we have to go through. It’s frustrating. The cost of our food is high and we have to try and sneak dollars just to live month after month. We want this to happen and now is now…
FRANK: My apologies. Here I am talking to him and I was so disrespectful with that statement.
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Sandy Ingram
We have excellent good news coming in from Iraq…The US is still engaged with Iraq and is laying out conditions rather than announcing sanctions. I don’t think we understood that Iraq was that close to being placed under additional sanctions because of the militants who are armed within Iraq. The United States has laid out its demand and has said that the reforms that are being demanded are banking modernization, stronger government control and security improvement. That has to do with the Central Bank of Iraq being able to talk to banks globally. That is an indication that the US is on track to help Iraq adjust its currency…
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MarkZ
[via PDK]
I have a contact in one of the largest currency groups that was told on Sunday they will be traveling on Tuesday to get into place for this week. This is very hopeful but is it premature to say that the value has been changed yet…Maybe…but maybe not premature at all.
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Thom
Prime Minister Article:
“Mr. Ali Falih Al-Zaidi chaired, on Sunday, the handover ceremony between the new Central Bank Governor Mr. Nizar Nasser Hussein and the former Governor Mr. Ali Mohsen Al-Allaq.“
Na na na na… Na na na na… Hey Hey… Good bye.
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Guy
Question:
“What’s your first phone call [after the rate changes]?”
Guy: For me it’s going to be my trust manager. I’ve formulated a trust entity to protect my assets and I’m going to e*****e that. It’s going to take them about two weeks to set it up inside the bank that I want to do it in. [You] can do this as well. You can set up a simple trust for $2,000 or $3,000. It doesn’t have to be elaborate. I’m going for a higher end one. It’s going to cost me more money, but I want it for in-perpetuity so my grandchildren and their children can live without financial worry…
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Samson
Article:
“GOVERNMENT SPOKESPERSON : THE CABINET WILL BE COMPLETED BEFORE AL-ZAIDI’S VISIT TO WASHINGTON”
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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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