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Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or 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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Featured Post

Excerpt from Sheldan Nidle's Update for June 27, 2017

Sheldan Nidle's Galactic Federation Update June 27, 2017 Excerpt: Selamat Balik! An amazing degree of progress is occurring despite the ...

Friday, March 31, 2017

Dinarland Highlights for March 30, 2017

Dinarland Highlights - 3.30.17

Mountain Goat


Article quote:
"The spokesman for the Joint Operations Command Brigadier General Yahya Rasoul. Mosul (IraqiNews.com) The Iraqi security command leading operations against Islamic State in Mosul has said the battle in the west of the city was concluded on the military level."

hurray! So we watch and wait to see what the CBI does next. ...I presented some evidence that something (a big currency move) is planned for the very near future.
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Frank26

[Frank...you said there has to be a rate before the HCL can happen. Does that mean before they vote on it or does it take time after the vote to implement it and it needs a rate before its implemented.]

IMO...Before implemented.
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Aggiedad77

Article: 
"Saudi king of Ebadi: Saudi Arabia with the restoration of Iraq's great role in the region"

Abadi is making hay left and right at this Summit...he is taking internationalism to a new level for his country and its people.
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RayRen98

Iraqi TV is reporting ISIS occupying only 7% of Mosul. Abadi speech mostly on people of Iraq and reconstruction. He made reference of peace and wealth transfer. He said Iraq is 93 % liberated of Isis. The following reports have come in...Big explosions and fires in southern Baghdad. Kurdish flag placed in Kirkuk, they are demanding the HCL. Parliament is on break until April 4.
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Kaperoni

Article:
"Iraq’s Current Economic Outlook And How it Can Affect Dinar Value"

Quote:
"With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth. The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003."

The problem with that statement is the dinar is not artificially low. It reflects the current exchange rate based on the current conditions. Remember, Shabibi raised the value already from about 3000 / $1 to 1186 /$1 back in 2004-2005 to reduce inflation. Until the market economy takes off, IMO we will not the dinar rise the remainder of the way. To me, making such a statement as "artificially low value"...shows a lack of understanding...
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Aggiedad77

Article:
"On the sidelines of the Arab summit .. Abadi meets Emir of Kuwait"

Sideline meetings at these summit meetings, I have long stressed that more happens on the "sidelines" than really does at the established meetings...and this says they talked of bilateral strengthening...but what they don't tell you is what was discussed before the cameras started to roll...those are the important words...
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Frank26

Article:
"IRAQ’S CURRENT ECONOMIC OUTLOOK AND HOW IT CAN AFFECT DINAR VALUE"

Quote:
"With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth. The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003."

When a Nation Uses and Trades in it's OWN Currency it automatically adds Value and Confidence (Trust) in it. Yes this Baby is Born...But it is in it's infancy...Soon to walk to a run...Quickly. The whole article gives me chilly bumps...!
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MadDScout

Quote:
"Little by little, we are seeing roads being repaired and replaced. Electricity is being repaired and upgraded. They have launched satellites that will connect them to the rest of the world. Banks are being updated and brought up to international standards and ready to meet the needs of an international community. The corruption that was once rampant is now being checked at the door."

If one has been here long enough, then the news we see now is night and day, as far as progress, and they are getting more and more a better handle on security...
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1bobby

Article:
"Abadi calls during his meeting with the Secretary of the United Nations to remove Iraq from Chapter VII"

We knew that Iraq was NOT out of Chapter 7, but not in a stranglehold as they had been. They now have the right to defend themselves and control their currency. The issues that are outstanding are the reparations to Kuwait and to the best of my knowledge the Oil for Food/Medicine Program. Now if we look back to late last year Iraq made an announcement that the OFP had ended. If we recall the U.N Rep stated that Iraq has made great progress as far as the OFP and the June date was set as a "let's see what happens between now and then" kind of a date. For Abadi to publicly come out and ask the U.N Secretary General to no longer associate Iraq with Ch 7, is a big move on his part and I doubt he's expecting a no answer. They can still have working files, but to have the U.N come out and publicly rid Iraq of the CH 7 shadow would be a huge move forward. As we have seen Kuwait has been a big supporter of Iraq as of late and has continuously been working with Iraq on outstanding issues.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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