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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 Dec. 11, 2017

Restored Republic via a GCR Update as of Dec. 11 2017 Compiled 12:01 am EDT 11 Dec. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Wednesday, May 31, 2017

Dinarland Highlights for May 30, 2017

Dinarland Highlights - 5.30.17

mike (Currency Chatter)


Article:
"Our economy space .. monetary policy is an example"

Quote:
"The edit currency or floating is not something strange or innovative in the money market, it is a tool of monetary policy for the countries of tools and not something terrifying or misadventure as portrayed by users of the thieves of currency teams in the bank auction"

Iraq's corruption is holding up progress. They've essentially dismantled the Finance Ministry and have hamstrung the CBI by keeping a Maliki proxy in as its leader. Things like this, and more, have prevented Iraq from moving to a free float because their actions are what's creating the spread and preventing a move to Article VIII. This serves the corrupt because they can continue to make $10-$15 million per day and the machine grinds along until there's no more reserves left to pillage.

Moving to the float helped Egypt reduce corruption and provided transparency, it hurt though. The value of the the Pound dropped by half overnight but has strengthened slightly. But what's the difference between Iraq and Egypt? An open market economy and something other than oil as an export, Iraq has literally bet it's entire financial future on a commodity. I'm all for moving to a float but Iraq should remove the financial corruption, get rid of the proxy governor and move this currency to Article VIII compliance. Get these laws passed to encourage foreign investment and partner with the Iraqi's to create products and services the world wants which would create demand for the dinar. I'm really hoping Iraq can make the changes before they consider unpegging. Your move, Abadi.
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Mountain Goat


Lots of VERY GOOD news from the CBI today about the banking practices and the new laws about to be implemented. It is all in our favor and shows us that Iraq is now serious about fixing their economy and moving to full international status. Remember I keep telling you my contact in the CBI tells me they “fully intend to keep the citizens informed of this process” to delete the zeros. They are doing just this now and fully intend to continue.
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tman23 (Dinar Updates)


Liberation is a matter of an announcement and appears Abadi wants to make a national announcement in regards to "the event" !!! As posted last week......Friday was new moon.......in the complete darkness the assault begins putting the enemy at a huge disadvantage........we expected it to be done at the latest -Tuesday...Military commanders under Maliki's hand like to upstage Abadi........... The announcement from Abadi will show power and authority........and hopefully he can offer Iraq a vision with something tangible......... So without a single doubt there is a timing strategy to the final announcement to Mosul......
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Kaperoni


The important thing to realize...is that currency (in this case the dinar) is directly related to the success or growth of the economy. There are no overnight events... The IMF has made it very clear that the path for the dinar will be a float or gradual appreciation of the dinar based on the growth of the market economy. This is known as the Balassa-Samuelson effect... In order for the dinar to appreciate in value, Iraq needs to create the conditions that allow investors to come in and invest, participate in the economic resurgence of Iraq. When that happens, we will see the dinar appreciate. There are no shortcuts.
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Frank26 (KTFA)


CBI...UNUSUAL...ACT...TUES. MAYBE...RED [RED ALERT?].

[CBA (CBI?) is trying to finish all auctions very quickly before the end of the week.]

That would be great...Then they can use them only as and when needed. This mechanism is also being well Controlled. Lets see if they reach this goal by Sunday.
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RayRen98 (TNT)


PM Abadi is in Mosul for an in-person view of the liberated locations. Iraqi TV (stateside) talks of preparations for celebrations projecting final completion for June 10, 2017. The IMF is expected to meet with the CBI on Wednesday. Leaflets are reportedly being being dropped in ISIS inhabited areas encouraging the citizens to evacuate. Full liberation is expected in one week. Bankers in Dubai are also hooked on seven days. Time Will Tell All.
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Mountain Goat


"Iraq’s Central Bank to delete zeros from Iraqi currency."

Iraq’s Central Bank announced on Thursday that it is planning to delete the zeros from the Iraqi currency. Also remember that some the lower denoms are in FACT already launched. ...the new rate can not come out too high since they are including the 500 and 250 notes as part of the lower denoms. The 25 and 100 are also included but not yet launched. They told us these notes will come when they get closer to any significant value change. So the target for the project to delete the zeros is so misunderstood. It only includes eliminating the very large 3 zero notes including the 25,000, 10,000, 5,000 notes. But they can not do this overnight. It is a gradual phasing out over 10 years. In fact they are moving ahead with the project right now... The electronic banking, use of the key cards, etc...are all efforts to limit and shrink the money supply. With electronic banking the CBI is no longer reissuing and recirculating billions of these 3 zero notes, since it is now all digital. This is all indications and tell us of the project to delete the zeros is fully underway.

The CBI will allow the 25,000, 10,000 and 5,000 to coincide in the economy for up to 10 years but in VERY limited quantities. These will used more for inter-banking transactions at this point. Some also consider the 1000 dinar note to be a candidate for this category and will remain as part of the new currency category going forward after RV. As the economy grows and the value of the dinar rises the necessity rises for the CBI to then launch the 10, 5, and 1 Dinar notes and maybe some other Fils over time, as needed. Just remember this is a SLOW process and they must build their economy to meet this trend. The economy is growing and as the government moves more and more of the funding to reconstruction away from fighting ISIS we can expect it to grow exponentially over the next couple years. So as the economy grows so will the value of their currency. Some say the currency value will rise very suddenly, as investors flock into Iraq. Well we have to wait and see what happens.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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