TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at TetelestaiDC@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

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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Restored Republic via a GCR: Update as of Oct. 20, 2017

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Wednesday, April 26, 2017

Dinarland Highlights for April 25, 2017

Dinarland Highlights - 4.25.17

Kaperoni


Article:
"World Bank of Iraq: Economic reforms need to get to the head of an integrated financial system"

Quote:
"...the World Bank representatives have indicated that economic reforms represent the need to get to the head of an integrated system for the management of the financial operation of the state at the federal and local level."

I have stated it over and over, you cannot have a market economy without the banking system first opening to the world so investors may get profits out. That requires the CBI to get in compliance, move to Article VIII and get the dinar off the peg. As a result, investors will bring money to Iraq through the CBI's capital account which will allow the CBI to raise the value to offset inflationary pressure created in the economy. First and foremost, the banking system must be activated. Good to see the IMF and WB telling Iraq to get going.
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RayRen98


[Could you please give us the most current rates you’re aware of for the Dinar, the Dong...]

I don’t have any official rates to share with you. There have been some rates floating around, and some have been consistent, but I’ve always been told they were place-holder rates. They may hold out exactly as we’ve been told. From what I remember, those are the ones that have seemed consistent over the last two years: Dinar = $3.41-3.71; contract rates anything from $6 to $30. Dong = 47-51 cents.
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BGG


[...I can't help but feel like we're starting to go backwards...]

How is it possible to imagine we are going backwards? Mosul is nearly liberated...all the of the world financial powers are taking note of Iraq...they all want to support the re-engagement of Iraq with the world financial communities...none of that can happen at their current rate...it's an artificially low value. Obviously Abadi and Alak were very positive about the early part of 2017 - but that assumed the speedy removal of ISIS and some political stability...things change - just gives us more of a sense of their direction.

...if we've ever been in a legitimate "window", we seem to be heading into one now.
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Stryker


Iraq Prepares For Higher Purchasing Power. Our dinar dominoes are finally ready to topple over in the direction of the perfectly aligned stars that are overlooking the desert soaked deeply in oil.
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Kaperoni


Article:
"The Cabinet announces the restructuring of the General Company for Central Markets"

I believe the General Company for Central Markets is a state run organization that functions in several different markets to facilitate commerce since there is no private sector currently functional. The fact that the CoM is discussing this is good...hopefully they are talking about dissolving this with the activation of the market economy.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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