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Dinarland Highlights – 6.26.26
Mountain Goat
During this [2019] crisis time the CBI devaluated the local currency by more than 20 percent, the biggest devaluation since 2003, adjusting the ex-change rate from IQD 1182/USD to IQD 1450. After the crisis and oil was flowing again it ‘revalued’ back to 1320/USD but it never regained its original pre-crisis value of 1182… these changes in the dinar are NOT structural banking reasons for devaluation but local, short term financial reasons due to the drop of oil exports. This comes from too much of reliance on oil to pay Iraqi’s bills. When oil flow stops or slows down Iraq hurts. So, we all know about al-Zaidi’s plan to change all this and have the economy generating at least 45%-50% non-oil revenues to protect itself in the future from these oil crises. …The most intriguing point in Al-Zaidi’s plan concerns the exchange rate…It is not yet going to FOREX. We will need the FOREX rate to be what they have been forecasting to be over $3…
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Bruce (The Big Call)
[via WiserNow]
On Sunday, the 21st…the entire world, all 209 countries in the world were all connected or interconnected to the quantum financial system, so we’ve been on that brand new system globally worldwide…The Strait of Hormuz is open… the traffic through the strait is moving…because the monitoring of it financially is connected through the quantum financial system…as…of Sunday…all financial transactions are being monitored by the Quantum Financial System…
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Jeff
Article:
“Iraq considers a mini-budget”
This is critical. The rate can only change at a budget period. Why is that? Budgets are calculated off currency value…Iraq did not do an annual budget at the beginning of the year. They’re calling it a mini-budget because it’s a semiannual budget…The rate change has to happen at the budget period which is June/July…
There’s no “tiers” in this. I’ve heard people talk about tiers. That’s a bunch of horse c**p. If there were going to be tiers in this, there would be more than one rate change. You would need more than one rate change to accommodate tiers. There’s one rate change. There’s no tiers period. When the rate changes, I don’t care who you are, I don’t care if you’re elite…federal government or…Joe Blow down at the civilian level, that’s when we all exchange, when the rate changes one time.
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Reset Intelligence
The official rate sits at 1,300 to the dollar while the street trades nearer 1,450, and the central bank has denied a rate change for the second time this month. You do not build export routes, scrub the banks, and digitize every border to keep a currency on a program rate. The gap closes one way. The only open questions are when, and how high.
The worst money decisions happen in the first 48 hours. Fidelity, UBS and Finra all say the same thing, the worst financial decisions after sudden wealth are made in the first 48 hours. The published playbook is plain, pause and park the funds, assemble a team, CPA first, then estate attorney, then a fee only advisor who works for you. Protect with insurance and an estate plan. Deploy slowly. None of it is advice. It is what every major wealth manager publishes openly…
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Stephen
Iranian leaders or government officials who might have Iraq dinars, imagine they try to cash in on this when it does happen….The fact that Iraq is going after a lot of these bad actors is only positive for us. There has been so much c********n in the country of Iraq through Iranian proxies that have been essentially controlling the country of Iraq for the last 23 years…C********n being uprooted had to happen to get us to the point we are today. The revaluation could not have happened back in 2012 or 2015 or 2020. I know there were a few times where I was hopeful it was going to go down, but there was so much that is being uncovered that we didn’t even know was taking place…I believe our time is coming very very soon.
I say this all the time. Being early with an investment and being wrong always look exactly the same until the payoff happens. Always remember that. Just because we’re early don’t mean we’re wrong. We’re speculating that our day is coming where we are going to be proven right. I have a feeling that day is upon us. I’m not saying it’s going to happen tomorrow…this month or next month…All I’m trying to do is look at the information coming forth and trying to dissect it…
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
OMAR: Iraq admits to going to forex…This is on Channel 7…Iraq moves towards transforming into an international digital corridor…
FRANK: You can’t do this at a sanctioned program rate. Forex has never touched your dinar…It can’t be at 1300 and be on forex. I’m not s****d and neither are you. This is tremendous news.
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Samson
Article:
“UNITED NATIONS : IRAQ HAS MOVED BEYOND THE STAGE OF STABILITY AND RECOVERY TO SUSTAINABLE DEVELOPMENT”
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MilitiaMan
[Trump’s] B*****k came into town. He did his bit, circling the wagons, getting everybody on board, telling people exactly what the United States wants them to do…There’s far more control about what’s taking place in Iraq than we ever though, especially since that wall of the neighbor [Iran] has fallen…The stakes are high.
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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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