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Featured Post

Operation Disclosure GCR/RV Intel Alert for October 22, 2017

Operation Disclosure https://operationdisclosure.blogspot.com/ RV/INTELLIGENCE ALERT - October 22, 2017 ALL IS QUIET. DISCLOSURES ...

Saturday, August 5, 2017

Dinarland Highlights for August 4, 2017

Dinarland Highlights - 8.4.17

Mountain Goat


Article:
"The Ministry of Justice is implementing the electronic payment project for the salaries of its employees"

Implementing yet another ministry, as the CBI moves to get each ministry electronic. The electronic banking is all part of the process to delete the zeros. So they are moving forward with the process slowly.
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tman23 (Dinar Updates)

"Iraq studies oil swap for reconstruction 1st August, 2017 Iraq's oil and energy committee unveiled a proposal to swap oil for the reconstruction of terrorism-hit areas with major powers, notably the United States..."

THIS FITS THE NARRATIVE FOR THE IQD SPECULATORS WHO WERE OF THE MINDSET THAT THE IQD WOULD BE HELD FOR OIL CREDITS BY FOREIGN GOVERNMENTS...
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RayRen98 (TNT)

Iraqi TV is reporting the CBI governor, Allaq, indicating that finalization of the economic reforms should be obtained in 3 weeks with a review of the budget set for August 21, 2017. It is anticipated that the reforms should maximize and conclude at that time. The budget review by the federal court has been postponed until August 21, 2017 also. Written articles are somewhat contrary to the TV reporting...hmmm?
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Bruce (The Big Call)

...the IMF meeting which was on Tuesday morning...was a success, and it was such a success that the IMF congratulated CBI of Iraq for providing what it was they needed to provide...doing that actually earlier or more quickly than anticipated by the IMF. They did come with a rate, whatever it was IMF was looking for and they checked all the boxes. That was very positive. They congratulated the CBI for having done that. As far as what has occurred since that meeting we...understand that Iraq has 72 hours to release the rate, or have the rate out and visible for all the world to see. I think we are coming up to fairly closely sometime late tonight or tomorrow [Friday] hitting that 72 hour period. What is interesting is Iraq did what they needed to do and also had an anti money laundering law that was voted on and needed to be enacted, put into law. I believe that has occurred. I believe the only thing that I can see that Iraq needs to do is make that rate for the Dinar, the new Iraqi Dinar known, put that rate out.

How do we know that? We know certain people with the Qi cards even in Iraq...had access to new funds from oil and gas exploration, the shared profits from oil was actually on their cards. ...Iraqi citizens outside of Iraq also have those cards and they were noticing certain fluctuating in the rates on those cards as they started to increase. Those rates started to increase to the point all of sudden they hit that rate we talked about in the past. When I hear the stuff of 1:1, I just laugh. They have had a rate on their cards, debit cards for maybe a year now in the $4 to $5 dollar range. Forget the 1:1. What about what Dr Shabbi said in 2012 about the rate? Remember he said the rate that Iraq could sustain? I wouldn’t be surprised by it at all. Iraq is basically done. They just need to reveal that rate....and they have a limited amount of time according to the IMF to do that. I think we are getting close to the end of that window...we are right there at the end of the ride.
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tman23 (Dinar Updates)

[So what are your thoughts on the 1 to 1...?]


The 1-1 is something Shabibi said that we know was a fact... 1-1 makes sense as he said...easy for people to understand... So I believe the 1-1 would have more odds of what we see occur...but as of right now Nothing has changed.
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G-Lin

Article:
"Kurdish delegation to visit Baghdad next week on the referendum"

Quote:
"delegation from the Supreme Council for the referendum in the province of Kordesta to the capital Baghdad, next week, to hold official talks with federal government officials on the independence of the Kurdistan region."

I personally do not see this being a quick occurrence. It may succeed in the vote in Kurdistan but that is just the beginning. This would be a monumental change. However, with all of the above going on, the monetary reforms are moving forward. I don't think there is anything politically that can stop the forward progress being accomplished.

Next month's Art. IV consultation in it's entire by IMF should be an interesting read. And if Iraq is released completely from Chap. 7 restrictions by the end of the year, 2018 might be our year. Could it happen sooner? Sure. I would think Abadi might love to take all the credit before the elections but they need to get their ducks in order. They have been moving at a break neck speed since Mosul was liberated. Shocking really the amount of investors kicking down the doors. And Iraq using their own currency in the latest bond offered is interesting. Lots going on. Also this Commercial Agency Law that was read yesterday for the second time, may have the investment laws we have been looking for. It may pass tomorrow in Parl. and when it is published we could see a lot of what we need. Buckle up. It is moving fast now. As usual all is JMO.
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Kaperoni

Article:
"Announced the restoration of all his money and heading to leave Chapter VII sanctions"

Quote:
"The spokesman predicted that the end of this year to end all the burdens of Chapter VII resolutions carried by Iraq "because of what committed by the dictatorial regime of policies and follies tied Iraq 's money and led to her detention by international organizations."

[Is this needed before the currency can go international?]

This is an interesting question...Iraq is a proud country. I would think they would want to say to the world we have our own currency and it is internationally convertible worldwide. Is it a requirement? Probably not, but I bet they try hard to accomplish currency reform and status in Article VIII very soon. After all, they have little time to waste if they want foreign investors or investment.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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