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Dinarland Highlights – 7.18.26
Bruce (The Big Call)
[via WiserNow]
…what we’ve heard is we were to be notified either Wednesday, Thursday, or Friday. Well, we’re not getting it yet…but what I’ve heard more recently…that said, give it another 48 to 72 hours. That would put us at the weekend…Saturday, Sunday, and we had heard that we would get notified and begin exchanges over the weekend. I can’t say that’s still going to be the case. It might mean that all we do is get our numbers, which we’ll take that. We’ll take numbers Saturday or Sunday, and we’ll be able to set our appointments and start exchanges early in the week, Monday.
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Mountain Goat
…to change out the currency to the lower denominations…they will need to get a higher rate to the dinar as at 1/6 of a penny the lower denominations would be worthless…the plan developed by Dr Shabibi (then the director of the CBI) along with the IMF is to also follow through shortly afterwards with the reinstatement to FOREX with a revalued rate and to repeg the dinar from the sole peg of the US dollar. We can be assured the new rate has to be at least $3.22 or greater. We are now seeing on the screens a pending rate of close to $5. This rate will NOT advance to FOREX trading until the OFAC sanctions are lifted on the IQD.
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Clare (KTFA)
Article:
“JPMorgan Chase: Investment opportunities in Iraq are significant despite the challenges, and we look forward to increasing them”
Quote:
“JPMorgan Chalkovsky, Managing Director and Head of Global Government Sector at JPMorgan Chalkovsky, confirmed…Iraq has promising investment opportunities, particularly in infrastructure projects, noting that the bank has been partnering with Iraq for more than two decades.“
Press Release Quote:
“Prime Minister Ali Faleh Al-Zaidi : We welcome the understanding reached between the Central Bank of Iraq and the U.S. Department of the Treasury, which marks an important step toward advancing banking sector reform and strengthening its integration into the global financial system.“
Article:
“Al-Mustaqilla reveals: Al-Zaidi will visit Tehran next Tuesday“
Quote:
“Prime Minister Ali al-Zaidi intends to travel to the Iranian capital, Tehran, next Tuesday, on an official visit that comes after his return from his visit to Washington scheduled for Sunday.”
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Frank26 (KTFA)
The articles have told you very clearly, we are in the final stage of the project of lifting the three zeros from our exchange rate to add value to the currency. You got the cockroaches…say, ‘no, you’re not.’ …You understand this is a process based on supply and demand of the Iraqi dinar…No one controls the supply and demand of the Iraq dinar. No one…It’s based on the markets. This market right now is so in love with your currency.
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MilitiaMan
Iraq has come a long way. We all know that. It’s not 2003 anymore. It’s not 2016 anymore…The pieces are aligning in a way that supports the long game of full integration of the global financial system…
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Thom
Article:
“Prime Minister Al-Zaidi received representatives of @jpmorgan in Washington, where the two sides agreed to open a JPMorgan branch in Iraq to finance projects implemented by U.S. companies.”
When someone at CHASE Bank tells you that they will never deal with IQD, you have something to show them. In fact, JP Morgan has been involved in Iraq since 2003 and even sold IQD in the past.
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Stephen
I am someone who believes 100% the Iraqi dinar will revalue in the near future. That is my belief. That is my speculation. I’m not claiming it as fact. No on knows what’s going to happen…
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Jeff
A lot of people might think the rate change itself brings a lot of money into Iraq. That’s not the case. A rate change brings no profit into Iraq. All that the rate change does is get rid of larger currency notes with…zeros and increases the purchasing power to small currency notes. That’s all it does. It doesn’t…magically bring money into the country…It does a lot more for their economy. It creates jobs and economic diversification. It does a lot of powerful things but it’s not going to give the country of Iraq more money when they do this.
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Kaperoni
There is no RV. Iraq could never afford it. It would throw their entire country into chaos. Iraq’s net worth is only about 16 trillion dollars, including oil and all minerals. only way..increase value gradually over time…
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Reset Intelligence
The Iraqi dinar stays frozen at a program rate, far below what a country sitting on $16 trillion of oil and gas is worth. Take the outside hands off it [Iran], and it is free to price at value…Yesterday the biggest hand of all [Iran’s], the one that ran the whole skim, was cut off.
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Guy
You’ll be dealing either with a wealth manager or a private client manager and maybe even in some cases a [bank] branch manager but it’ll be a branch manager who’s trained in how to handle these transactions. You want everything done in one appointment. Keep that word in you mind, ‘one’ appointment [meaning no shipping off your dinar to verify them, making it multiple appointments.
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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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