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Dinarland Highlights – 9.10.26
Mountain Goat
Article:
“SMALL BANKNOTE SHORTAGE CAUSES DAILY DISRUPTION IN KIRKUK MARKETS”
As this liquidity crisis worsens, the pressure builds to do something and do it soon…remember conducting this project of removing the zeros also means moving to FOREX soon afterwards…We are told the Trump administration and the IMF now want the reinstatement and so it is supporting the next move too.
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Judy Byington
Key personnel from Tier 4B groups have been (allegedly) asked to remain on standby, with instructions to be ready for immediate action. Secure channels are buzzing with updates, some have already seen notifications of pending liquidity releases. This is no longer speculation; the process has (allegedly) started.
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Tishwash (TNT)
Article:
“The dinar must be changed! We won’t remove zeros, but the current currency will not last”
Quote:
“Following banking warnings that money hoarded in homes and outside banks is disrupting the liquidity cycle and weakening the banking system, an idea is emerging within the Central Bank and among members of the parliamentary finance committee to change the currency and launch a new series, instead of removing zeros…”
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Stephen
The reason why the dinar has such the potential it does to be a truly life transforming wealth event is because of the negativity surrounding it…There’s a reason why people think dinar investors are nuts…If this investment didn’t have a high risk nature behind it, it would not yield the benefits and the returns we are all expecting, hoping and praying for…If this was a guaranteed hole-in-one investment, everyone and their mother would be invested in it and it wouldn’t exist.
Get your b**t to the bank once the dinar revalues. You’re not going to a “special redemption center” that’s going to open up. There are no 800 numbers. There is no special tiers of investors who are going to get paid out before other investors.
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Jeff
They’re now ready to send the Oil and Gas law to parliament for approval. This thing’s waited to clear since 2005/07 for the rate to have changed to do this. It’s all coming together now at the same time around the middle of September…They pretty much have given you a back wall for the rate to have changed by September 30th.
Iraq is under OFAC sanctions. When they revalue, the US OFAC sanctions will get removed or lifted about the same time allowing big major banks to exchange it…
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Reset Intelligence
Yesterday Iraq walked into OPEC’s capacity audit and filed a demand: a production baseline of 6 million barrels per day. Its current quota sits near 4.4 million…a third above what the cartel allows… and nearly double what it pumped last month…August output was about 3.4 million. Baghdad attached its reason in dollars: a reconstruction bill it puts at $400 billion.
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Terrance
Once they’ve deleted the zeros and they do the revaluation, which we’re all hoping for…usually countries are given 90 days in order to clear that. They’re under no obligation to tell you, the speculator, how long that window is going to be open or to alert you if they decide to change that window…But they will notify licensed institutions…’it is our prerogative to reduce that to 45 days or even 30 days…‘ Your JP Morgan Chase, Bank of America is not going to notify you that the window has been reduced. I’m not saying the window will be reduced. But be clear, there is an incentive for Iraq to reduce that window because for anyone who is slow to exchange their dinar it reduces the amount of dinar in circulation…If you could reduce the amount of currency in circulation, then the foreign reserves and gold Iraq has, suddenly supports a higher valuation.
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Samson
Article:
“AFTER TWO DECADES OF STAGNATION, THE OIL AND GAS LAW HAS A CHANCE TO BE RESOLVED”
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Sandy Ingram
I have not found an official central bank decree approving the deletion of the zeros. We do not have an official implementation date. We do not have an official adopted 1000 to 1 conversion ratio. We do not have an official list of new denominations. We do not have an exchange deadline for the existing notes. We do not have an announcement for dual circulation. And most importantly for those of us holding physical Iraqi dinars outside of Iraq, we do not have an official exchange procedure for IQD holders.
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Frank26 (KTFA)
IMO the month of September is for the redenomination, RD and the reinstatement, RI…Then the next step will be to introduce the lower notes simultaneously with the lifting of the three zeros. Then sometime at the beginning of the year you will walk into your revaluation in an international basket of currencies in a float where you will reach the real effective exchange rate.
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Clare (KTFA)
Article:
“The Kurdistan Regional Government has decided to immediately close all Forex companies and ban the trading of digital currencies”
Quote:
“Compliance with Baghdad and Central Bank decisions: These procedures are based on official instructions issued by the Central Bank of Iraq, which criminalize and classify any dealings with digital currencies and platforms not subject to the official financial system as illegal and prohibited banking activities.“
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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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