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Dinarland Highlights – 6.27.26
Bruce (The Big Call)
[via WiserNow]
…it was said they want this to go by the end of June…so we’re getting closer…Saturday, Sunday, Monday, are going to be days to watch what’s happening, to watch communications, to watch events, things that are happening that are contributing to what we’re doing…
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Ariel
Iraq is on their Way Back to the Global Table…(Forex Market Preparation) You Are Seeing Movement That Can Only Mean One Thing…Iraq positioning the dinar for forex market participation is the quiet revolution that changes everything.
• Starlink covers remote oil fields and borders for real-time production and customs data.
• ASYCUDA (July 10 implementation) standardizes trade flows between Baghdad and Erbil.
• Ripple/ISO 20022 expansion across 25+ banks by month’s end forces structured transparency on every cross-border transaction.
• The new Governor’s AML background ensures enforcement.
• Cashless government mandate by early July turns policy into daily reality.
• HCL final agreements lock oil revenue clarity.
All of this infrastructure makes forex entry credible instead of another failed experiment.
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MarkZ
[via PDK]
Question: Will there be more than one 800 number?
MarkZ: There will be many…probably one for each bank. There will be separate numbers for Europe, Indonesia…etc…. Banks will be competing for your business.
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Reset Intelligence
When the first conversation [with an exchange bank] feels great, that is the bank doing its job. The most common mistake is stopping at one bank because the first conversation went well. Going well is the institution doing its job building rapport so you do not bother shopping. The whole point of running 2 or 3 [banks] is that “going well” is not enough to make the call. A bank that know it’s your only conversation gets to dictate. A bank that knows you are talking to two others gets to bid.
You cannot get onto clean [financial] rails with d***y hands, so Baghdad is washing them in public. The Jumaili oil-ministry case…keeps finding more body bags. Latest to fall is a former provincial governor, Raed al- Jubouri…$10 million…now passes $106 million, some of it pulled from cash buried four meters [~12 feet] underground…A nation asking to rejoin the dollar system has to show its books are clean…The arrests are Baghdad clearing its own house, in public and in a hurry, because the meeting only happens once the house is clean.
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Jeff
What they’re doing, the lynch pin in this, they’re waiting till we get closer to the rate change date to complete their cabinet formation…
Roughly 80% of [Iraq’s] money supply is outside the country. It’s not tradable. Can’t be used for a d**n thing…The central bank doesn’t give two shits about it. You know why? Because all the money outside the country of Iraq…is simply used for Basal III compliance as asset backing to those country’s currencies.
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Pimpy
When Russia and all them are together in their own little club over there called OPEC…They have a huge portion of the world’s oil. By shutting down production…it drives prices up…Iraq is starting to realize, by you guys hamstringing us, you’re preventing us from doing a whole lot better with our own economy. If they are free from OPEC they.. think they can actually get to 11 million barrels per day. What does that do for Iraq? …It builds up their reserves. The more reserves they have the stronger the Iraqi dinar. Eventually the Iraqi dinar becomes stronger and it becomes more valuable.
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Frank26 (KTFA)
This happened on June 18th…Iraq admits going to Forex. If you’re at 1300 right here [in left hand] and this is Forex [right hand] and you’re headed in that direction [hands together] then I really like what I’m seeing…Whatever the case is, it’s good news. Let’s see what happens…That is a really big accomplishment…Forex has nothing to do with 1300…
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MilitiaMan
We are at a stage where several important pieces are moving at the same time…customs unification, border control, export infrastructures advancing with real deadlines, political alignment around cabinet completion, oil and gas is gaining momentum, major international players are re-engaging and the broader reform architecture continues to tighten. They’re all coming back right after…the Hormuz situation taking place…The direction and pace of activity in recent weeks suggests Iraq is entering a more serious phase of e*******n on the files that matter for long-term integration and stability.
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Stephen
Either you believe that the Iraqi dinar is going to revalue or you don’t. Both conclusions are totally fine. Those who hold Iraqi dinar I think are going to be mightily blessed. And those who don’t I hope they’re not too upset. I was joking with my wife the other night, this Thanksgiving or this Christmas might be very awkward at the table given the Iraqi dinar revaluation happens in the next 3 to 6 months which I have a feeling it most likely will. I’m not saying it’s going to happen with 100% certainty so don’t throw stones at me. But I’m saying with everything that’s happening so quickly right now is extremely exciting…
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Thom
Article Quote:
“A spokesperson for the Sulaymaniyah Currency Exchange Market told Channel8 that the reason for the dinar strengthening—if the [HCL] deal is finalized–is because 85% of the dollar demand in the market comes from traders, while the remaining 15% comes from everyday citizens.“
This is a BFD [Big Freaking Deal] for IQD.
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Terrence
[Central Bank/International Bank Regulator]
For Vietnamese dong holders, I think their business model, what they’ve got in that country is probably more likely you’re going to see a managed float. But with the Iraqi dinar, there’s a lot of internal things going on right now with the HCL…budgets get determined, they’ve got to manage those profits that come from the government. I don’t see a managed float occurring…I don’t think their economy is built on a managed float.
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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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