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Dinarland Highlights – 10.18.26
Bruce (The Big Call)
[via WiserNow]
…there’s a lot of things moving behind the scenes right now… what we’re hearing, the preponderance of information, is saying that we’re going to get started this weekend. Now I think that means notifications, and then the exchange should start…I think either very early next week, which I’ll call Monday or Tuesday. That’s what two of our sources are bringing…we are that close to this going, and I’m excited…
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MarkZ
[via PDK]
I have group leaders and bond people that are through the roof excited…I am hoping its going to be a good weekend.
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Jeff
Why did they wait 5 months to complete [the cabinet] and give you such short notice of two day [to complete it]? Because they don’t want to leave you a lot of time to turn around and buy up a whole bunch of dinar. Because this is what ushers in the rate change. It’s all about timing, making things happen quickly. The Cabinet had to happen around the timing of a scheduled rate change date. Bankers who drafted the rate change schedule everything.
Iraq told us they need 2 months to approve the ’27 budget. That’s November, December to have it ready to implement on January 1, 2027. They got a lot of dominos that have to fall for them to go international. They got to do 150+ laws…3 readings on the ’27 budget..They’ve got a lot to do. That’s why they now have given themselves a two month window to do it.
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Reset Intelligence
For more than 20 years, IQD holders…have said Iraq is the linchpin for the global currency reset. [Last] week they showed you why. Washington is in more than $40 trillion of debt. Its 10-year bond yield hit 5.34%, the highest since 2002. Britain hit 5.5%, the highest since 2007. France hit 5%, the highest since 2002. Japan hit 3.1%, the highest since 1996. They are all standing at the same debt wall…Iraq…pulled the trigger first…because they are ready…Customs, the bank audits, the new note designs and the coalition’s exit each took months…I would not expect a long wait.
There is no live rate on Forex for the dinar yet, so no bank anywhere has a price to pay you or a market to sell your notes on. Last week’s new rate in Baghdad did not change that.
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Samson
Article:
“WASHINGTON RENEWS ITS SUPPORT FOR AL-ZAIDI’S ‘VISION’ DESPITE THE CONTROVERSY SURROUNDING THE GOVERNMENT FORMATION”
Article:
“U.S. STATE DEPARTMENT : IRAQI MARKET PROVIDES PROMISING INVESTMENT OPPORTUNITIES FOR U.S. COMPANIES”
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Stephen
I’ve always felt this [RV] is going to be during a time of extreme turmoil, global crisis, financial crisis. If that is the case do you want your money just sitting in your bank account? No, of course not. You want to get your money out…I plan on investing in commodities, silver, gold, crypto, things of that nature…You don’t want millions of dollars sitting in your personal bank account…Wealthy people don’t have all their money sitting in one big bank account…They have their money constantly working for them…There’s ways to do things properly when you have money. We’re all going find and hire the right professionals to help us navigate this.
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Thom
When they dropped the rate down to 1500 I watched everyone freak out. The first thing that came to mind was this is a brilliant move to get rid of the parallel market. Then the next day the parallel market people dropped it even lower. It’s a race to the bottom. Then you have all the people freaking out furious starting to protest against the government…I do believe it is necessary for the parallel market to go away in order for us to have that massive revaluation.
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MilitiaMan
Out of the 32 sanctioned banks the first group of 7 has now met all of the required criteria and conditions and has no legal or technical obstacles. The process of returning these banks to financial activities will be carried out in 3 successive phases. Phase 1: Resumption of foreign remittance in currencies other than the US dollar. Phase 2: Resumption of financial transfers in US dollar. Phase 3: Opening bank account with trusted global banks such as Citi-Bank and JP Morgan.
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Frank26 (KTFA)
These are the four things I’m looking for between now and January 1st…It’s my hope they occur at the same time because we want that 4-head-on-collision. 1. The lifting of the 3-zeros. 2. The redenomination and introduction of the lower notes. 3. The budget being finalized by parliament. 4. Open the budget and start with the HCL. If we can get these 4 things to happen all at once then both sides win…I believe they’re using October, November, December to get this done for January the 1st.
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Sandy Ingram
Why are we watching the VND and the IQD? Because Vietnam is becoming an increasingly important player in the global economy and Iraq is already an important player. Whether you hold the VND or the IQD or both, understand the economy matters…Here’s my questions to you…Would you rather own 1 million VND or IQD? Are you satisfied with waiting for currency to appreciate or do you want to invest in both [countries] using the stock market?
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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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