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Dinarland Highlights – 7.20.26
Mountain Goat
I want to caution many on a lot of the negativity now about this investment. We must remember we haven’t waited 23 years to sell our dinar now…First, we don’t control the reinstatement. Second, we all should know by now that the Iraqi dinar is being artificially suppressed and its real value, if it were to be restated to FOREX today, would be/should be much higher than 1/6 of a penny. Third…there are elements that do not want Iraq to flourish. Instead it has become a situation of massive c********n…Forth, we must follow the news from Iraq and if we do we can see that a new Iraq is on the horizon… I believe we are closer than ever for the dinar to get reinstated…
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Bruce (The Big Call)
[via WiserNow]
Remember…if you have dinar, President Trump has negotiated with Dr. Sinoen Al Shabibi, a rate contract for a rate on the Iraqi dinar act when he was in his first term, and it should be an excellent, excellent high rate, way higher than a bank screen rate would be, like over 10, about 10 times as high, so that would be terrific.
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Clare (KTFA)
Article:
“The dollar continues to fall in Baghdad and Erbil”
Quote:
“The exchange rate of the US dollar continued to fall on Monday morning in the markets of the Iraqi capital, Baghdad, and in Erbil, the capital of the Kurdistan Region.”
Article:
“Central Bank: Agreement reached with the US Treasury to reinstate eligible Iraqi banks to foreign correspondent banking channels”
Quote:
“The Central Bank of Iraq announced on Saturday that it had reached a mutual understanding with the US Treasury Department to reinstate restricted Iraqi banks to external correspondent banking channels not linked to the US dollar.“
Article quote:
“Al-Zaidi will propose during his visit to Tehran the idea of Baghdad hosting a meeting that brings together officials from Iran and the United States in the coming period, with the aim of bringing viewpoints closer and preparing the ground for direct or indirect dialogue between the two sides, within the framework of Iraqi efforts to reduce tensions and avoid further escalation that may affect the security and stability of the region.”
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Stephen
Summarizing al-Zaidi’s visit to Washington last week…It was a much more eye opening week than I think anyone anticipated. I thought it was going to be more ceremonial, him and President Trump in the Oval Office taking some questions and that was essentially going to be what we were going to see… So much was communicated to the public. We heard about a bunch of deals…He was getting stuff done.
Article:
“Iraq and America sign the largest economic agreement in history”
How amazing is that? …I can tell you for certain, Iraq…got 100 years worth of progress wrapped up in one week. I’m not exaggerating. That is the truth…This propelled Iraq into the next stratosphere…
Some people have said the HCL law has to be signed first and then the revaluation will come right after. Or it’s been argued in the other direction that the revaluation of the dinar would happen first and then the HCL law would be right behind it. They are very closely correlated...That’s why these oil contracts and deals that got got done last week is such a critical piece of the dinar revaluation. That was exciting to see.
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Frank26 (KTFA)
Wells Fargo and JPMorgan along with the CEO Jamie Dimon have embarrassed tens of thousands of Americans. In the last years…we were constantly told by Well Fargo, JP Morgan the dinar is a scam…Jaimie Dimon did many interviews where he said, Oh, no, no, no, we’re not involved. For the last two decades they’ve been involved deeply in Iraqi banks…Jaimie Dimon personally caused me so much pain…sleepless nights …embarrassment…It’s going to be extremely impossible for me to ever consider to do any business with Wells Fargo [Chase?] banks. If they lie to me about this investment…then they will have no problems lying to me about the money I put in their banks…They will find ways to get it away from me…fees… penalties …reasons …It is disgusting the way they lied to us. But those days are over.
The black market is dying. It automatically gives birth to the value of the Iraqi dinar the sovereign currency of its country.
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Jeff
The news is phenomenal. What all the news boiled down to was positioning of the money. That’s why Iraq put such a massive emphasis on signings MOU’s, oil revenue, all that. They needed the money to move forward. That’s what they did. Now that the money is positioned they can now move forward on completing their cabinet, changing the rate and launching the economy, getting back on the world stage. Everything can happen now.
Deleting the zeros from the currency will happen at the same time the rate changes…This is a reinstatement. That means it needs to reinstate back to $3.22 plus a cost of living increase.
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Kaperoni
There is no overnight RV of the Iraqi dinar. If the dinar is ever going to go up in value, it will go up gradually over time as a result of Iraq’s own economic success. So yes, what we are seeing now is important because their success means their currency’s success.
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Paulette (KTFA)
Iraq has to “accept Article VIII obligations” prior to being on Forex…IMF has to acknowledge this also but has stated not too long ago that Iraq still affords themselves the Article XIV protections…
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Reset Intelligence
Connections do not open the redemption channel, documentation does. A passport, original purchase receipts, ideally from a registered dealer, the wire confirmations showing the funds left your bank and a clean chain of custody from purchase forward. A holder who keep the receipt has a clean path. A holder with an undocumented private trade faces weeks or months of reconstruction once the trigger fires.
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MilitiaMan
The Central Bank has never denied a real effective exchange rate was to come...Nor have they decided to say that we’re not doing the delete the zeros project. The Prime Minister and the central bank have been working together and they haven’t denied it…If that was a big issue and they weren’t going to do that, that they had a different direction, if they had something else in mind, they would have said something by now. It’s been well over 60 days, and they haven’t said anything. That’s a clue.
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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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