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Dinarland Highlights – 9.29.26
MarkZ
This week is starting with a bang, hopefully that means it will be a great one.
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Ariel
The recent news by Iraq isn’t a press release about future hopes it’s a documented diplomatic action hosted by Iraq’s Permanent Mission to the UN in New York…American banks don’t send representatives to UN-hosted roundtables for countries they consider financial pariahs…The fact that they did show up tells you the rate adjustment is baked into the timeline, and the banks are positioning for the settlement corridor…
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Mountain Goat
How will Iraq pay us investors when we exchange our three zero notes after the revaluation? …Remember when you exchange your dinar it will be the equivalent rate of the dinar in the currency of your own country since that is the country’s currency…The US Treasury has already set aside billions to handle the exchanges in agreements with Iraq. Not all of the funds paid out to you, the investor exchanging, will go back to Iraq asking for repayment from Iraq in cash. Instead, there are oil contracts already established amounting to a fixed price over the next 30 years. These are called “oil credits”. The US Treasury will then sell these credits at a time when oil is high, making a tidy profit in the process, if they can over the 30 year period. This is why Iraq must pass the Oil and Gas law first.
Next, remember that you will not be walking out of the bank with cash…NO! Instead it is all digital…You may also be asked the amount of dinar and other currencies you plan to exchange and how much US Dollars you will want to withdrawal, if any, that day. They will then order the cash from the Feds for you... I highly recommend you visit a bonified exchange center set up specifically for this event. Make sure the center is sponsored from a familiar bank. Look out for scams.
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Clare (KTFA)
Article:
“The United States: We will celebrate with Iraq on September 30 the completion of the withdrawal of the remaining international coalition forces, which will strengthen its sovereignty”
Article:
“October 1 Al-Zaydi directs official institutions and governorates to prepare for the celebration of Iraqi Sovereignty Day”
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Jeff
The council of ministers has to know the currency value. That’s what the budget is calculated on. That’s why parliament most likely won’t receive this. Parliament has over 200 officials. IMO they will not let parliament see the budget to know the new currency value until the rate has changed…The cabinet is different. They have to create the laws. They have to calculate what is the budget’s figures based on the currency value…
Redemption centers are nothing more than brokers or banks that are going to exchange your currency. Stop calling them redemption centers. Call it a bank or a broker, not redemption centers. I’d lose that word. That word for me is like a word that’s used when scams occur.
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Stephen
This [2027] budget is the biggest budget ever…It’s been argued the new rate has to be in the budget. I am very careful with saying that because…a lot of people have said, the new exchange rate is going to be in the budget…It would make a lot of sense for the new exchange rate to be in this budget, but I am not going to sit here and tell you that with 100% certainty because I only share things…that I could root in fact. This is speculation.
Protect your wealth. Making money is one thing. But most people who make money are not good at managing it or protecting it and investing it. I truly believe the Iraqi dinar revaluation is going to be the first thing that’s going to take place. It’s going to provide the liquidity for people to then take that and multiply it exponentially. I think you’re going to be able to 1,000x, 5,000x, 10,000x your investment with opportunities that are coming. But if you don’ know how to steward your initial returns properly and protect it properly, you’re going to be missing out on a large gain and large opportunity moving forward. Start preparing… Start thinking about how you’re going to handle this when it does go down. I do believe we are close.
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Walkingstick (KTFA)
[Iraqi bank friend Aki update]
Aki’s bank owner boss says to his employees…there came a time when Iraqis held on to their dinars. Those people are going to profit very soon. Your employees, Aki, who have bought dinars from our banks are going to profit. (He didn’t say anything about Americans)…Last week I was in Washington DC with the CBI, IMF World Bank and the United States Treasury. These 4 know our note count that is outside of our borders and more importantly the numerical value of our three zero notes here in the United States and worldwide…They also approved our monetary reform steps…The banking system of Iraq is going to be a mirror image of the banking system of the United States of America. Also while I was in Washington DC they reviewed the exchange procedure… There will be hundreds of places for you to exchange your dinar. It’s our job to train the Iraqi citizens and prepare them in this area…Aki is teaching how to use [exchange] ATM machines.
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MilitiaMan
Preparation for new notes and preparation for a coordinated rate step can run at the same time. One does not cancel the other…What do we watch for next? Watch for the sovereignty days for any central bank or finance language…Watch whether the interior and defense get names because the exit protocol needs those signatures… Watch the oil number that goes into the 2027 draft budget. Watch the dollar crate [from the US Treasury] land…
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Terrance
Question:
“Do you think the CBI and the government of Iraq needs the approval from the US Treasury before they move forward because the Treasury is so involved with the Iraqi banking system and the CBI?”
Terrance: I would lean to believe the United States Treasury is overseeing it. Donald Trump made an announcement of who he did not want to be the prime minister and I’m sure they had a lot of influence in Al-Zaidi becoming Prime Minister. He’s a banker. He’s someone who understands business. He’s a lot like Donald Trump.
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Reset Intelligence
Nobody at the [bank] counter will explain the spread to you. Every exchange has a gap between the rate you see and the rate you get. On a large amount [of exchange] that gap is real money. Learn how it works before you are standing at the counter.
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Sandy Ingram
I believe there will be a currency adjustment and I think it will be in our favor. However I also believe Iraq will control this decision on how, when, how much. So please stop those rumors that I don’t believe the IQD is going to revalue…
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Frank26 (KTFA)
Question:
“Will it happen the same time around the world?”
Frank26: Yes, once it’s released, instantly around the world.
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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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