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Dinarland Highlights – 9.17.26
Bruce (The Big Call)
[via WiserNow]
My gut on this is we’re … probably looking at Thursday possibility of getting notifications…If we get notified Thursday, could we go Thursday? Yeah…I’m going to add Friday…in play for this week… Now we…need…the Iraqi dinar, to show up on the forex, and then we can roll.
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Mountain Goat
Article Quotes:
“the Central Bank may move towards issuing 50 and 100 dinar denominations in the next stage…”;
“the Central Bank has not yet made a final decision regarding this step, while the government is working on forming a committee to study the issue…”
I can tell you this committee he is referring to has already been formed now for a couple months and the work is well underway. This is why I am telling you we should expect a declaration from the CBI any day about a date to begin removing the zeros. I have to say I am jumping up and down at this news…
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Kenny
Iraq’s currency-reform readiness pathway chart…
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Jeff
It’s not coincidence that the cabinet is being delayed. That’s planned…Completing the cabinet which completes the full government formation, ushers in the rate change. That’s why they have to stall it. They have to delay it. It’s planned. It’s scripted. They’re waiting to complete the cabinet until the rate change time period. Once they complete the cabinet…the rate will change quickly after that.
Edward de R********d of the R*********s and Co…Zaidi met with some of the highest most top banking officials in the world when he was in France. That’s very significant.
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Reset Intelligence
The people drafting Iraq’s 2027 budget let their working price for a barrel of oil surface in the Iraqi press: somewhere between $50 and $70, while the barrel trades above $100. A government that lives on oil does not price its only product at half the market unless it expects the world that made the barrel expensive to be gone…Kuwait wrote its budget year on a $57 barrel…The budget that carries Iraq’s barrel also has to carry the dinar’s value, and it reaches parliament October 15, two weeks after the September 30 weapons deadline…Everyone in this story has now shown their number except the one bank that owns the only number that matters.
5 mistakes IQD holders will make on payout day:
1. Using one bank. You want two or three.
2. Chasing the rate instead of preparing documents.
3. Believing anyone who names a date.
4. Not knowing there are two different ways holders get paid.
5. Treating it like a lottery ticket instead of a transaction.
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Stephen
Everything is converging together. That’s what makes this so freaking exciting. We’re seeing bank restructuring and governance reform, international correspondent banking and trade finance normalization, US Treasury coordination and higher AML, CFT enforcement, exchange company supervision and reduction of questionable currency channels, liquidity absorption, stronger monetary policy tools, digital payment and deliberate reduction of cash dependence…If they were getting ready to do [an RV/RI] this would mean we’re pretty much at the doorstep.
I believe the Iraq dinar is a very real investment. I don’t take it lightly. I am very protective over this investment. That’s why I hate when people call it a scam or they make fun of it or they talk down upon it…This is a very legitimate investment that has incredible potential and incredible gains potentially. That’s what we’re all speculating for.
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Samson
Article:
“THE PARLIAMENTARY FINANCE COMMITTEE: THE PRICE OF A BARREL OF OIL IN THE UPCOMING BUDGET WILL BE BETWEEN $53 AND $56”
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Sandy Ingram
The United States holds a powerful financial lever. All of Iraq’s oil revenues are held through the Central Bank of Iraq’s account at the Federal Reserve Bank of New York. This arrangement gives Washington considerable influence over the movement of US dollar into Iraq…Washington stopped the flow of dollars in April of this year. So they’ve already done it once. We believe they will do it again…Businesses need dollars to pay foreign supplier for food, medicine, equipment and other goods…Iraq is not paying for its debt in the IQD. They are paying or their imports in US dollars… The Iraqi dinar could face immediate pressure and…drop in value…weakening confidence in the dinar…The US is serious about their dollars.
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Thom
Question:
“What is a reasonable fee to pay a bank for IQD to dollars exchange?”
Thom: Each bank will have different rate ranges. I am okay with CHASE doing 3 – 3.5% because I have relationships with people who work there and I am paying for speed. At our house, we decided the fees don’t matter as much as getting things done quickly because we are reinvesting right away.
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Frank26 (KTFA)
I strongly believe…the lower notes have to be introduced with the new exchange rate simultaneously…
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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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