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Dinarland Highlights – 7.29.26
Mountain Goat
Article:
“ECONOMIC EXPERT: IRAQI GOVERNMENT STUDYING CURRENCY CHANGE PROPOSAL TO BOOST LIQUIDITY AND STRENGTHEN THE DINAR”
Quote:
“Economic expert Haider al-Sheikh…said Prime Minister Ali Faleh al-Zaidi’s recent visit to the United States produced several economic outcomes, one of which was a proposal to overhaul Iraq’s currency as part of efforts to improve financial liquidity.”
According to al-Sheikh, the proposal currently being studied… would remove one zero from the currency as part of a redenomination process…So we can clearly see something is brewing and I don’t think its going to be only one zero deleted. I firmly believe it they do anything it will be all three zeros and then move to FOREX, pending no high inflation as a result of the changes. They will stick to the Dr Shabibi plan. This is what they actually talked about during Al-Zaidi’s visit to Washington not Al-Sheikh’s plan.
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Clare (KTFA)
Article:
“Trump: The attack on the militias in Iraq was coordinated with Baghdad”
Quote:
“U.S. President Donald Trump said on Wednesday that the attack on the “militias” in Iraq was carried out in coordination with the Iraqi government”
Article:
“Why have small denominations disappeared from the markets? Al-Zaydi’s advisor reveals the reasons”
Quote:
“The Prime Minister’s financial advisor, Mazhar Muhammad Salih, revealed on Wednesday the reasons for the scarcity of small denominations of currency in Iraqi markets, stressing that this is mainly related to their paper nature and the high speed of their circulation, which leads to their deterioration within a short period of time…Iraqi markets are experiencing ongoing suffering due to the scarcity of small denominations of currency, such as 250 and 500 dinars, which puts citizens and shop owners in front of frequent difficulties in completing daily buying and selling transactions.”
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Reset Intelligence
Tuesday night Baghdad’s prime minister stood in Ankara and sold Turkey a quarter of his country’s oil, a piece of the Kirkuk field and the trade road that runs around Iran. When his own minister would not sign, he ordered him to on camera…For weeks the question under every dinar rumor comes back to whose fighters answer to Baghdad and whose answer to Terran. Last night you watched that answer worked from both ends at once, the political end with a signature and the armed end with a strike. Neither is finished but you can see the shape of how it ends…Anyone who tells you nothing is happening is not following this the way you are.
Washington is drawing a new map of the world’s money. The IQD sits in the middle of that map and is still not priced anywhere near the value of whats coming for the region.
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Jeff
About 10 years ago I was part of a private dinar group and a member from our group submitted a form under The Freedom of Information Act to the United States government…to the US Treasury…We asked them how much Iraqi dinar does the US Federal Reserve treasury hold within its reserves. They responded back to our request and they said in excess of 20 trillion Iraq dinar…Presently the United States has half of Iraq’s money supply.
Iraq talks out of both sides of their mouth…Articles are partially true and partially misleading. They have some truth and some inaccuracies in them…Unfortunately we don’t control Iraq news, they do. We’re waiting to receive the biggest blessing of our lives from this. We have to stay grounded and let the news play out and move forward.
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Kaperoni
Article:
“Iraq Finance Minister ‘Supports Floating Exchange Rate’ for dinar”
Several years ago this article was put out…If this doesn’t confirm I know what I’m talking about nothing will. There is no RV…There’s been article after article about diversifying their economy, and more recently a complete overhaul of the banking system…Floating the currency would never be successful without a diverse economy. Floating with total dependence on oil is never a good idea and causes economic risks and volatility. Most recently, we now see Iraq wants to diversify as much as 46% of their economy away from oil.
There is no Global Currency Reset. This is proven already because most currencies in the world already float which means are already priced where they should be.
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Thom
Article:
“Iraqi PM Ali Al-Zaidi publicly ordered Transport Minister Wahab al-Hasani to sign the Development Road agreement during a live ceremony with Turkish President Tayyip Erdoğan in Ankara, after an unexpected delay interrupted the signing.”
Development Road Project signed! …I like al-Zaidi. He is making moves faster than any Iraqi politician I have seen.
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Stephen
The HCL law has been at a standstill since 2007…They’ve negotiated back and forth but it’s really gone nowhere. Why is this law needed? Imagine you and your brothers inherit a business worth billions of dollars but nobody agrees on how to split the profits. That’s been Iraq’s problem…The HCL is designed to answer questions like who owns the oil, who can sign the oil contracts, how are the oil revenues divided, how much goes to Baghdad…each province. Without clear rules disputes discourage investment…The HCL isn’t about changing the exchange rate directly. It’s about making sure Iraq’s biggest source of wealth…is managed in a stable, transparent way. If Iraq wants a stronger economy and…currency, getting its oil revenue system right is one of the biggest pieces of the puzzle.
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Omar
The redenomiation is a framework event. It is not a payoff event. It cleans up the monetary system, improves credibility and it lays the runway for a sustained revaluation.
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Frank26 (KTFA)
Question:
“What IQD notes will not be accepted?”
That is the 50 (not the 50k). They’re not going to accept any of the Swiss notes…it’s got a picture of S****m.
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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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