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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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"No SITREP Tonight" - GCR/RV Update - Monday - April 24, 2017

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Thursday, April 6, 2017

Dinarland Highlights for April 5, 2017

Dinarland Highlights - 4.5.17

Mountain Goat


Article:
"IRAQ ON WAY TO RECONSTRUCTION AFTER MOSUL ‘VICTORY’"

I do not see many more articles on the fighting in the western side of Mosul region. Can we assume the ISIS is now all done? Let’s watch as it plays out. They can’t use the Security and Stability excuse anymore as to why they cannot continue with the “project to delete the zeros”. Is it all now in the court of the UN to stop the sanctions of Chapter VII and then for the CBI to follow up and pull the trigger...
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Frank26 (KTFA)

They are removing the USD from the streets from the citizens. The citizens must stop using the USD and other foreign currencies. The MCP (multi-currency practice) must end. They are dropping the 3 zeros in 2 different ways. #1 -- Stopping the usage of the USD’s – taking them away from the citizens. #2 -- They must simplify the exchanging the of the currency. The goal is to get to 1,000 to 1...but once they are there (including stability/security) they will move QUICKLY to 1 to 1. The market will carry 1 to 1 inside of Iraq...lead to a higher rate OUTSIDE of Iraq. I think $1.12 - $1.14 once it goes outside of Iraq. IOO...IT’S COMING.
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Bruce (The Big Call)

Nothing is going to happen until Iraq is ready. We had a celebration in Iraq. There was a delegation to witness the announcements of Iraq returning to sovereignty and release of chapter 7 of the UN. Basically the return of sovereignty and revalued rate of their currency. We know the liberation of Mosul also was announced. We know that is something that was celebrated by having the two new flags flying on either side of the Tigris River. We know that in the mosque a few day s ago, Iraq had made an announcement that their currency is 6 times the value of the USD. When it comes to timing with this...I found out there are additional things going on that is keeping this held up slightly. It is a plan that is moving forward. It is in a sense on autopilot. This week looks really good. I am feeling really good the possibility of anytime between now and the weekend. I am excited where we are and where we are going.
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loop (Dinar Updates)

Article:
"Iraq: Confidence is in the Air"

Quotes:
"...there was a strong sense that Iraq’s fortunes are turning a corner..."

“Confidence has returned to Baghdad — it is in the air! Baghdad is confident again, and it’s absolutely wonderful.” The IBBC (Iraq Britain Business Council) Spring Conference has started.
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Adam Montana

Look, I can only keep doing this for so long... most likely that time is coming to an end. And I am stoked about moving to the next phase of this ride! Have you seen the news about HCL? Have you noticed how laser focused Abadi is, on so many things? That guy is a MACHINE! The party is getting prepped! Heck...some of the stuff I'm seeing from the GURUS is starting to mimic a bit of what I am personally hearing from my contacts in Iraq and in the financial world. THAT kind of situation is amazing! In fact, there's a lot of talk about APRIL being "the month"... I am not going to confirm that I am feeling that same thing, but it's not out of the running. We are seeing INCREDIBLE movement right now, both in the public news sector and also in the private channels I use. The bottom line...is that we are playing in a BIG playground and the IQD is poised to be a BIG deal worldwide! I'm currently about as excited as I have ever been about this situation!
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Frank26 (KTFA)

Many people are returning back to the liberated cities in Iraq. The UN wanted to make sure that the displaced people were ok...and locating properly for the HCL. If they lifted Chapter VII...that would be a MAJOR step in the MR [Monetary Reform] of the IQD. Abadi said that they are in the last phase of Mosul. I disagree...you are in the last phase of the currency reform...
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Mountain Goat

...the news coming out of Iraq has changed its tone. It is no longer all about fighting ISIS or the political rivals and bickering but rather it has moved on to seriousness about the Iraqi economy and financial sectors. It is now all about bringing the needed investments into Iraq and to grow their economy. My personal opinion is we are on the verge, the very edge of a huge major change in their economy...it will not be much longer until they have to (forced to) to switch out of the “artificial” “program” rate and get relief from the UN sanctions that are now holding them back.

I am very optimistic that the UN will allow Iraq an exit from many more Chapter 7 – sanctions or maybe move them to Chapter 6 as related directly to running their “closed” economy. As long as they are doing as the IMF and UN have laid out for them in the Stand-By-Agreements (SBAs)– there is no reason to believe the UN (with the helping hand of the IMF) won’t support a return “international acceptance and integration”…and that is all any of us really care about... This is when we go to the bank… When the IQD does actually have any significant value change it will be all over the news...you will surely know. It will be very public and very apparent.
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RayRen98 (TNT)

The banking community says that it is happening any time. It could be another minute, hour, day, week, or even month; I don’t have anything definitive one way or the other. My Iraqi sources are saying “it is done; we don’t know why you haven’t seen it over there.” My best sources says we are just waiting, and “we will contact you”.
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Kaperoni

"REPORT: Is the Iraqi dinar Recovering?"

Quote:
"With the economic boom led by the oil industry in Iraq, the national currency will rise eventually to reflect the true value of the oil indispensability of the country. It is likely to happen up when the central bank raises the value of the dinar."

Nice to hear them talk about the potential and process for the dinar. That being said, Iraq has not passed a significant law in quite a while even though many have called for them to do so. Yes, the banking system has made progress the last year under the guidance of the IMF, but it's time Iraq does it's part and pass the laws, to create the environment for investment. Then we shall see what happens.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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