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1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

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Tuesday, September 13, 2016

Dinarland Highlights for September 12, 2016

Dinarland Highlights - 9.12.16

rcookie


Article:
"The government sent a draft law of retirement and social security to the parliament for approval after Eid"

THIS IS WHY YOU ARE SEEING GHE PENSION LAW UP FOR READING & VOTE IN PARLIAMENT RIGHT NOW... TO A COUNTRY LOOKING TO SQUEEZE EVERY DINAR OUT OF ITS ECONOMY GOING THROUGH TOTAL METAMORPHISIS...THIS IS WHY IT IS SO IMPORTANT...31 TRILLION ADDED TO THEIR GDP THROUGH 2028...BY MAKING SIMPLE AMENDMENT TO A LAW WITH THE STROKE OF A PEN..
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BGG


Flashback Article:
"Minister of Finance: raise zeros from the Iraqi currency against the dollar will be supported"

Quote:
"...The proposal to raise three zeroes from the currency will be in accordance with the right monetary policy is not gradual, as happened in Turkey..."

This article was from Feb. 2nd 2010. They've been telling us all along...NOT A FLOAT... Noting that the Iraqi dinar would be offset dollar or slightly more than after the application of this proposal. = about a dollar (USD) or slightly higher...THIS IS WHAT THEIR MoF said at the time. Not me...they have had some idea as to what this was going to be all along.

"The Exchange Rate of Foreign Currency in Economic Feasibility Studies"


"3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."

Ministry OF PLANNING...Iraq G-O-I !!! ...REPORT WAS SENT TO CONGRESS...IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013. these final thoughts from them (the final report sent to our U.S. Congress) if nothing else, adds considerable weight to our thoughts about this investment...in fact, those saying this is a "scam" - look foolish - taking these reports in context.

these flashbacks (HARD NEWS) give some important context as to what we are involved in...WIth these previous statements, articles and comments giving historical context - and the current push by the IMF, WB and UN to integrate Iraq back into the international community - things are VERY exciting (to say the least). I'm not predicting anything, nor am I commenting on "rate" - per se...I'm just telling you what they (IRAQ) have been saying all along...
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Breitling


Article came out about mobile apps being developed in Iraq for processing payments…here’s what I want to throw out there…it [the dinar value increase] IS around the corner, I don’t want to put any date on it BUT to give you an example it’s at a 10th of a penny…these guys wouldn’t be developing apps if they weren’t going to add value to it…third world countries don’t have apps that are being developed when their currency is so low…so it is being developed for that process cause it’s coming down the road. Is it one month? two months? three months down the road indicator?

...No. I’m all about measure and I don’t know how to measure that. It’s very simple…if you see someone and they have a car frame and it’s just sitting there and they have an engine and it’s just sitting there separate and they’ve got wheels and they’re separate…you know they’re building a car especially when you look at the parts…you probably can tell what type of car they’re building. Is it going to be a race car? Well if they’re using race tires and an engine that’s bigger than what everyone else’s then it’s pretty much going to be a race car right? So that’s what we’re looking at. That’s the only thing I can go by. To me it sounds goofy when I have to use that type of example…a lot of people got into the dinar because of intuition but I don’t calculate by intuition. I don’t believe in it. I don’t believe in hope. I don’t believe in any of that stuff. If I can’t see it. I can’t measure it. I can’t invest in it. So you know this is an indicator but it’s nothing that’s measurable so you have to be very cautious when looking at it. So very very good articles coming out.
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Shredd


Article:
"Governor of the Central Bank: IMF surprised Bamtlakena reserves exceed expectations"

Look at the big picture folks....this would not be the case for a country with a failed or failing economy, heading to a lop (redenomination). Reserves have been growing for almost the entire time I've been following Iraq which is one of the pillars of why I've stayed! It's just a matter of time until the CBI moves to a market-driven floating rate for their dinar which will be a true representation of their economic landscape. Not an IF...a WHEN.
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mike


Article:
"Governor of the Central Bank: IMF surprised Bamtlakena reserves exceed expectations"

Quotes:
"Iraq's commitment to the pledges made to the International Monetary Fund...especially as it is consistent with the orientations and objectives, noting that the Fund was surprised to be Iraq's reserves of foreign currency more than its forecast of about ten billion dollars. "the report stressed the central bank's commitment to the implementation of more than 20 pledge to fully and a proposal within the time specified timings."

This is a good article from Keywords telling us the IMF is happy with Iraq...
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rcookie


Article:
"Governor of the Central Bank: IMF surprised Bamtlakena reserves exceed expectations"

...THE IMF...IN AUDITING CBI IS SURPRISED TO FIND $10 BILLION MORE IN RESERVES THAN PROGRAMMED FORCASTED AMOUNT...AND MORE INTERESTING... COMMENTS BY THE IMF ON THE CBI PERFORMANCE DURING THESE CHALLENGING ECONOMIC TIMES...AND ADHERENCE TO...MORE THAN 20 INITIATIVE THE IMF SPELLED OUT TO CBI...AND IN PARTICULAR...THE IMPLEMENTATION OF THE ISLAMIC FINANCIAL INSTITUTIONS ACT...WHICH WAS IN THE 2016 LOI/MEFP/TMU...

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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