______________________________________________________
Dinarland Highlights – 10.17.26
MarkZ
[via PDK]
I believe this could be a very big weekend. I hear bond people talking…banking people are talking…settlement people are talking…and Iraqi people are talking. I’m hoping this is it and its tied together. The expectation is it all will go at the same time.
=======================================
Bruce (The Big Call)
[via WiserNow]
…we have heard that the International Monetary Fund…has asked and given an okay for Vietnam to revalue the Vietnamese dong…The reason that I bring up Vietnam is because those two countries…Vietnam and Iraq… probably need to come out at approximately the same time. Iraq theoretically would come out first, but it might be more…simultaneous…
=======================================
Stephen
I think it’s wise to have [several banks you deal with]. Chase has frozen a lot of transactions and a lot of wires when people try transferring money into their crypto exchange. Think about this. If the dinar revalues and you want to get the money out of your account into certain cryptos or this or that, if Chase freezes your account or blocks the wire transfer now you’re beholden to them. If you have an account with Bank of America [too] you now have an alternative option to work with…Do what you want. I’m giving you what I am doing and plan on doing...having a few different banks that I’m dealing with just as a safeguard…
What we have to do as investor and as researchers like myself is look at the actions they’re taking. What are the actions they are taking pointing to moving forward into the future? We draw a hypothesis and we try to figure out a conclusion from the actions Iraq is taking. Everything is telling me they are getting things done quicker than ever to reach some type of result. I’m speculating that an increase in the purchasing power of the Iraqi dinar is part of that equation.
=======================================
Jeff
Now that the cabinet is done the remaining steps are going to start moving a lot quicker…Getting the budget amended against the new rate, 150+ plus approved reforms, government program, …going international with the 2027 budget period, all of that is going to start moving a lot quicker…faster. It took forever to get to this point…that goes to show you how close the rate change is…The rest of the dominoes are going to start to fall. They have to.
Question:
“What do you think the rate will be?”
I’ve always been open about a rate. I’m sitting right around $3.80. Not exact $3.80, could be $3.70s…Somewhere around $3.80…This is going to be a reinstatement putting it back in the $3+ range.
Advertisement
______________________________________________________
=======================================
Reset Intelligence
1,500 is the rate Iraq uses at home for its budget and its banks. It is not an international rate, and it is not the number a holder outside Iraq has been waiting for.
After your exchange, someone will offer to manage your money for 1% a year. It sounds small. If your money can safely pay you about 3.5% a year, a 1% fee plus the fund costs takes around a third of your income. On $5 million, the gap between a 1% fee and a 0.25% fee adds up to close to $1.5 million over 20 years
=======================================
Frank26 (KTFA)
I was going to exchange 10% and hold on to 90% [At the start of the RV/RI]. No! I’m going to exchange 90% and hold on to 10% as an investment for the float. I’m going to take everything I’ve got, get rid of all of it right now [after the rate change] and invest it properly because by the time they raise it up a little bit more my investing will catch up with what they’re [the banks] going to offer me.
=======================================
Kaperoni
Article:
“Trump’s envoy: We are shifting Iraqi-American relations from security to economics”
=======================================
Advertisement
______________________________________________________
Sandy Ingram
The devaluation is a setback for everyone hoping for a stronger IQD in the immediate future. However it does not necessarily mean the currency will remain weak permanently or indefinitely. That’s not the care. Iraq still has substantial oil reserves…There is a lot of hope, support and documentation that the IQD will not only recover but prosper.
—
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.
Copyright © Dinar Chronicles
______________________________________________________
