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Dinarland Highlights – 9.23.26
Mountain Goat
I was…amazed to read that many ISX stocks are going live on FOREX for trading. Is the IQD next in line. Up to the point only links to the ISX from FOREX for certain stocks have been shown for trading. What they’re doing now is direct listing on FOREX. So, this is an unprecedented move. WOW!
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Bruce (The Big Call)
[via WiserNow]
…everything…is moving right along. Still don’t have confirmation of the Iraqi dinar on the forex yet.
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Ariel
The 2027 budget is due October 15th. Iraq’s 2027 budget will formalize the new exchange rate for the Dinar. That rate will be based on Iraq’s real economic value not the artificial “program rate.”
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Clare (KTFA)
Article:
“Al-Zaidi was the first person Trump shook hands with… Striking scenes from the meeting of regional leaders, with the Iraqi flag prominently displayed behind the US president”
Quote:
“…the footage showed the American president heading to shake hands with al-Zaidi first, despite the presence of a number of kings, princes, heads of state and leaders participating in the meeting. The handshake was not the only notable scene, as the Iraqi flag appeared in a prominent position inside the meeting hall and directly behind the American president, making it clearly present in the pictures and scenes that documented the meeting.“
Article:
“Mr. Al-Sadr: September 30th marks the beginning of Iraq’s prosperity”
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Frank26 (KTFA)
As soon as Trump walks into the United Nations, the first hand that he went and shook was Zaidi’s hand. If that doesn’t tell you something…Talk about body language!
Everybody knows [Iraq] is about to change the rate. Everybody knows you’re about to introduce lower notes. That’s why the CBI spent so much time yesterday with showing [Iraqis] lower notes from other countries along with the coins. Why would they waste their time doing that to add confusion? No. This is the monetary reform education to the citizens…
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Jeff
The only reason the US would stop sending money to Iraq is if they had not revalued the currency by 9/30. [If they do] then the US Treasury has to send them possession back of their OPEC oil dollars from the DFI.
Iraq only has roughly 20 to 40 trillion dinar circulating in the country of Iraq. Everything above the 20 to 40 trillion is what’s outside the country that the Central Bank does not care about. Why don’t they care about it? Because…the dinar is not tradable or recognized around the world. It can’t be used for anything other than Basal III compliance asset backing…The United States has about half of Iraq’s money supply. The only thing the US can do with that is…to asset back the dollar…Money supply in Iraq is…nothing to be concerned about. Yes, they have well over 100 trillion printed, but they’re telling you only 40 trillion remain circulating in the country of Iraq. If you have anybody tell you Iraq has too much currency printed, tell them to take this information and shove it where the sun don’t shine because they don’t understand this investment…
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Stephen
The next two to four weeks will be some of the most exciting times in the Iraqi dinar investment. We are in a period of extreme acceleration whether you see it or not. I don’t know how you can’t see it. It’s right in front of us…We have never seen what’s happening now happen so quickly…It’s ok to be excited. I’m excited right now. Remain grounded…Your best days are ahead of you and the best is yet to come.
I’ve always wondered, does Iran need to be fully dealt with? Does Iran need to fully surrender before we see the re-evaluation of the dinar or are we going to be in the midst of what looks like chaos with the war going on when the Iraqi dinar revalues? I truly believe it could go either way. Part of me thinks there is going to be a ton of chaos and it’s going to act as a smoke screen when the Iraqi dinar re-valuation happens..
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Thom
October 1st is Sovereignty Day in Iraq, as our troops are still scheduled to leave by the 30th.
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MilitiaMan
The central bank has said more than once that it’s not in the business of surprising the country with a sudden official rate change. When rumors fly the bank’s public line has been the official rate stays. That matters more than a street number…Street number move with cash, demand, rumors and the fact that a huge share of dinar still sit outside the bank. The official house is the rate used for the budget and for official allocations.
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Reset Intelligence
Iraq priced its 2027 budget barrel at half the market. Kuwait did the same. The law that carries that number also carries the IQD’s new rate…A central bank tells you what it wants you to hear, on schedule, from a podium. A budget office tells you what it actually expects, because a budget has to survive the year it is written for. Oil brings in more than 85 percent of the Iraqi state’s revenue. A government does not price its only product at half the going rate…unless it believes the world that made the barrel expensive will be cheaper before the law expires…Baghdad Just Priced the End of the War.
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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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