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Restored Republic via a GCR: Update as of Aug. 18, 2017

Restored Republic via a GCR Update as of Aug. 18 2017 Compiled 12:10 am EDT 18 Aug. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Tuesday, April 11, 2017

Dinarland Highlights for April 10, 2017

Dinarland Highlights - 4.10.17

BGG (Dinar Updates)


The BIGGEST article of the day... "Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars" (the title is a little weak for the content of the article)...the title should have read RV- RV- RV!! Quote: "Most of the Iraqi Central Bank steps are subject to political and legal environment of the country, especially in regard to the deletion of zeros..." ...this is what you are after - EXACTLY. PERIOD. it's isn't a removing of the 000 from the notes...it isn't a changing of the DECIMAL POINT...it isn't a change in the nominal value...IT'S A CHANGING OF THE REAL VALUE and A BRINGING IN OF THE BIG NOTES... "...deleting the big 000 notes from the market place" = RV.

...they have no intent on bringing out any bigger note classes - THEY DON'T NEED IT... value is going the other way...nowhere in there does it mention Article 140 - HCL - or anything else... nor does it bother to mention any laws needing passed... just a few changes. (aka - AMENDMENTS) [Also key phrase is "where it should be FOLLOWED by" Meaning the laws should be changed AFTER.] BINGO! money first - laws AFTER! why? They need to get this done now! This is about as much heads up as they are willing to give anyone...if they change the laws ahead of time - EVERYONE WILL KNOW. BIGGEST PIECE YET...here it comes... "On the other hand, the technical preparations are underway by us." Meaning - on the other side of everything he's said so far... they are and have been already making technical preparations (by the CBI). Pretty plain - if you ask me...pretty huge news...
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Aggiedad77 (KTFA)


Articles:
"Jumaili Kubis discuss national reconciliation and plans for the reconstruction of the affected areas"

"Experts live the Iraqi economy 14 years after the fall of Saddam"

"Vice calls for the adoption of the standards of the World Bank to support the economy"

...how many different ways can they tell the world what they are about to do... Notice any pattern changes...so little about Mosul...so little about terrorism...but big time articles on reconstruction, reconciliation...the subtle hints of changes...the not-so subtle hints of their intentions...
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Frank26 (KTFA)


IMO, they are preparing to show you the true rate of the currency because the program rate is not the true rate. The IMF has told you the CBI is obligated to do their physical and financial reforms and they were told to lift the restrictions of their currency and to give their currency it's true value. I do not believe they are disobeying in the month of April. Consider the financial conference in Lebenon...on the agenda of the CB/IMF meetings is to eliminate their exchange rate restrictions. They just printed 11 billion 600 million dinars. Why such a small amount and why tell us now? IMO, it's not the paper note count that is important, it is the value of the lower denoms and they are part of the sequence that's coming up next. All of this hinting is because they are going to release a new rate for their currency. Based on just this, imagine what the rate will be when it's international outside of Iraq. 1-1? No. Higher? Yes, IMO.
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RayRen98 (TNT)


Iraq’s Finance Conference will be today and tomorrow, one of the main discussions will be the removal of restrictions. Iraqi TV reports the printing of new notes, mostly lower denoms, in the amount of 11 billion. (Hmmmm, that’s a whole lot of lower denoms in that batch...I wonder why?) Are you ready?
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Mountain Goat


Article:
"Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars"

This is the news my contact in the CBI told me I would have to wait for when I asked many of these very same questions. So I sort of knew this article was coming out shortly and thus here it is...here it is in black and white from the CBI. What does the CBI say that is so important? They are telling us the CBI has to conduct their educational campaign for the citizens in how to recognized the old notes from the newer notes that will be launched. It can’t be any clearer folks...
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Backdoc (KTFA)


THE CASH FOOTPRINT IS EVAPORATING BEFORE YOUR EYES! THE IRAQI GOVERNMENT ALREADY TOLD YOU THAT ALL PAYMENTS FROM THE GOVERNMENT WOULD NOW BE IN DIGITAL FORMAT NOT CASH. THE BANKS ARE DOING THE SAME. I ASSURE YOU ALL LARGER BUSINESSES WILL BE INSTRUCTED TO DO THE SAME. THEREFORE THE FACE PAPER IS BEING SUCKED UP BEFORE THEIR EYES.

RECENTLY SOMEONE ASKED A QUESTION ABOUT THE RATE CONVERSIONS AND THAT THEY DIDNT UNDERSTAND IT... THE ANSWER WAS SIMPLE, IT IS SIMPLY A VALUE CHANGE THAT WILL OCCUR ON THE DIGITAL CARDS. REMEMBER THERE ARE NO MORE SALARIES OR PAYMENTS MADE IN PAPER. THE DIGITAL DINAR HAS PLAYED A MAJOR ROLE IN REDUCING THE NOTE COUNT IN THESE LAST FEW DAYS. THIS SHOULD GIVE US GREAT CONFIDENCE OF WHAT [GURU] FRANK AND [GURU] DELTA ARE NOW SHARING AS THE VALUE BEGINS TO ADJUST! WITHIN 90 DAYS WE SHOULD SEE VALUE REACH MATURITY.
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Kaperoni


Article:
"Head of the IMF mission's (term) interest peg to the dollar rather than a large reduction of the Iraqi economy"

So the IMF is telling this guy it is not time to float the dinar. They need to continue to develop the business climate to create a market economy.
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RayRen98 (TNT)


There is the Finance Conference today and tomorrow, removing the restrictions. Iraqi television is making citizens aware that new notes are being printed – up to 11 billion dinars, and the majority in lower denominations. What would they need those lower denoms for if the currency has not changed, or intends to change. All those reporting on Qi card activity say it’s in the $6 range or so. Everyone will agree that Chapter VII has been lifted, and that will be public if it hasn’t been already.

In addition, there are price drops going on in Iraq. Usually when a company drops the prices, there is a motivation – they are doing a blue light special or going out of business. That is not happening in Iraq; they would only to drop prices if the currency has a stronger value. These are big drops, like from ten thousand down to one thousand dinar. In the US, rate situations in some banks; some are telling customers this morning that rates are not available because the currencies are changing values. That’s what it says on the screens! Is that going to be for the next two weeks or two months? If it’s on hold today due to changing values, I don’t think it will take that long. What do you think? The writing is clearly on the wall. We are just waiting.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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