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TETELESTAI | 1-800 Numbers

This is where the 800#'s will be listed which will be included in the TETELESTAI post once published.

(Note: The TETELESTAI post is the official "Go" for redemption/exchange. Despite Yosef's departure, it will still be sent out for publication when the time comes.)

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Thursday, August 25, 2016

Dinarland Highlights for August 24, 2016

Dinarland Highlights - 8.24.16

Bruce


We certainly are ready for the possibility of this rolling out...We are at the point and I know we have said we are done. A four letter d word sometimes we really not wish to use. I think where we are right now the expression applies. WE know for example in Iraq maybe one other portion of the amnesty law that needs to be passed. I think it be done by Thursday. But it shouldn’t preclude this to go. We know they have operated the last several days under the amnesty law and the other law they just passed not too long ago. We are thinking that is in place and moving quickly, not slow us down. Confirmation Saturday Iraq lower denominations are out and in use in Iraq...the notes printed a long time ago, denominations below the 50 dinar note, 20, 10, 5 even coins. So if those are out, that is a very good sign everything is basically done in respect of Iraq. We are looking at 5 currencies in the first basket. Iraqi dinar, Dong, Zim, Rupiah, Afghani and 3 other baskets coming down the road. We are in good position to do exchange for those.
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Enorrste

Article:
"Central bank: Print category 100 000 dinars , and we are waiting for official approval lowered into the market"

The reason there is low liquidity in the markets in Iraq is because instead of using their dinars many people are holding them in their mattresses. Thus the CBI has been forced to raise the money supply, not because it wants to but because the economy would collapse otherwise. The introduction of the 50k and 100k notes is directed to solving this liquidity problem, not by just injecting new cash into the market...so that they can draw out the 25k notes from people's mattresses. There is also a stated goal to have bills roughly equivalent to our $50 and $100 notes. If they are successful these new bills will draw out the 25k notes which will be destroyed... The result will be a reduction in the money supply back to 40 trillion dinars as the article states. This plan of introducing the larger notes has a goal of stopping the rise in the money supply...It is necessary because the people are not yet confident in using banks.

Once the ball starts rolling and these 25k notes get pulled out then the value of the dinar can be allowed to rise (float). Until they get those notes out of circulation, however, the value cannot rise and won't. If it did then all of the hoarders would become millionaires, which isn't going to happen. So it is a process, and the introduction of the large notes is a part of the process to entice the people to give up their 25k notes. The reduction in paper by 2 to 4 times (each 50k removes 2 25k notes and each 100k removes 4 25k notes) will enable the CBI to then reduce the money supply by allowing the VALUE of money to rise. As it does rise the 100k note will become too valuable to hold in a mattress and people will put them in banks if for no other reason than for safety and security. Once there they will move to the CBI which will destroy them.

This is the plan. It has been laid out clearly and logically for well over a year. We should expect that its implementation (the 50k came out 6 month ago) will continue until the CBI is ready to float the currency in early 2017 or slightly before. Once that happens the value of the dinar will rise and eventually the 200, 100 and 50 dinar notes will be circulated. By that time the 50k and 100k notes will have become history.
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Adam Montana

Things are starting to warm up (as summer cools down, ironically enough). I'm going to let the news speak for me today. Check these out! 1. BIG movement in the oil sector - this could be the start of what we need to see for the HCL:

Article:
"Abadi replaces the North Oil director with the start of pumping Kirkuk oil to the Turkish port of Ceyhan"

2. Could they possibly have the budget submitted on time for once? It's possible, thanks to the progress made in the GOI over the last couple years! This is evidence that Iraq has made and is making significant progress. GO RV!

Article:
"Abadi: submit budget bill to Parliament before September 10"

3. A call for floating interest rates could be a signal that intelligent PTB's want to keep their options open, very likely for a situation that will be highly volatile and open doors for massive profits... but not if they were tied down. I like it.

Article:
"Bankers Call for Floating Interest Rates"

Obviously those are some REALLY nice things to be seeing... so with that said, we wait.
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Delta

URGENT FROM IRAQI TV: CBI WILL ISSUE 100,000 DINARS, ALSO CBI PROMISED TO ISSUE SMALL METAL CATEGORIES.
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Adam Montana

[...do you think Iraq CBI will pull the trigger in 2016 for RV? ]

2016 - I certainly hope so! I am feeling very positive about the coming months, but of course I don't have a crystal ball.
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rcookie

Article:
"Urgent .. Zebari announce attend the questioning of parliament and indicates "personally targeted."

ZEBARI QUESTIONING IN PARLIAMENT WAS SCHEDULED FOR 25TH...THATS TOMORROW.

[...is amnesty vote Tuesday or tomorrow?]

AMNESTY TOMORROW.
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Backdoc

WHEN I SHARED WITH YOU MONTHS AGO THAT IRAQ WOULD BE DIGITAL WITH THEIR CURRENCY YOU ARE NOW STARTING TO GET WHAT I MEANT. WELL, SEPT. 2ND WILL BE A DEFINING MOMENT IN THE GAME SINCE THE IEX PLATFORM LAUNCHES. IF WE SEE NO EVIDENCE OF A STARTING POINT THEN WE WAIT FOR IT TO SHOW UP SOON AFTER. WITH IRAQ AND THE U.S. NOW ON THE SAME FISCAL YEAR OF OCTOBER 1ST WE HAVE VERY HIGH HOPES...THE EVIDENCE IS MOUNTING AT WARP SPEED AND OUR DESTINATION IS AT HAND.
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Bluwolf

Since January of 1991 (Operation Desert Storm) and its outcome on Kuwait...And then watching how some of my town folks in Puerto Rico who were in fact in that war and its revaluation got very rich with the Kuwait dinar ( something that was bought at .05 to .10 cents, and when things stabilized and the National Bank of Kuwait open its doors again, people just got rich at a reinstall rate of 3.64. And then years later during the 42 President it MANAGED to revalue at a very high price. I remember speaking to a gentleman involved and he said, "You wanted to know what I gain with the Kuwaiti dinar, but if you are smart don't focus on this, focus on what I will gain with the Iraqi part of the war for they are next." Well I focused since that day on keeping an eye open to when this new currency was to arise. And I have been at this since then and guess what the currency did arise, first exotic and now as a tradable currency pending going international...I want all to know that God ...willing we are just but an instance away in receiving this blessing...

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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