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 March 18, 2018

Restored Republic via a GCR Update as of March 18 2018 Compiled 12:01 am EDT 18 March 2018 by Judy Byington, MSW, LCSW, ret. CEO, Child Ab...

Sunday, September 18, 2016

Dinarland Highlights for September 17, 2016

Dinarland Highlights - 9.17.16


Their is no revalue, only a gradual appreciation over time. This event is not specifically about the dinar, its about creating a sound stable banking system and as a result an investment climate for global investors to rebuilt Iraq. Getting Iraq's banking system into Article VIII is the key...here is a quote direct from the IMF..."Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investor community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate."


[Have Iraq banks completed request by the CBI to electronically comply by September...?]

...yes IMO...yes the banks of Iraq are set to make loans to citizens...to give out credit cards...to open up accounts...to help investors that are going to be coming in...electronically they are advanced...yes they are ready...but it is useless...it is all useless until they raise the value of their currency.


"Saleh: Iraq has implemented all the conditions of the International Monetary Fund!"

Interesting to hear this kind of bluster from Saleh...We haven't seen the absolute proof - but sounds like they are headed the right direction.


[I often wonder if Shabbibi was her for dinner and I got the absolute strait skinny if I'd be compelled to dance on the table or cry in my napkin.]

So, if you had Shabibi over for dinner you'd probably start out with a good cry, Shabibi had a plan and all he needed was political and economic stability, something Maliki and the Dawa party did not want. I'm betting that with political and economic stability you'd be up on that table dancing the jig in no time. Iraq is it's own worst enemy, even now they just removed Obeidi, the Minister of Defense right before a major offensive in Mosul. Now they're going after Zebari, the Minister of Finance right before they have to submit a budget in October. Maliki, Allawi and Haitham al-Jabouri are creating havoc, again, to stop progress and maintain the status quo.

Mountain Goat

Remember back to 2012 when the then head of the CBI Dr Shababi was going to RV the currency. We know this is FACTUAL since he told us in an article last year that Iraq missed an opportunity since the IMF gave them permission to RV at that time. He also said that he has the reserves at over 80 billion. So we must go by what we now know. We now know the CBI reserves is somewhere around $52 billion since Maliki and his goons raided the coffers along with the currency auctions to sustain the economy since Maliki left only 500 million in the treasury when he parted from office and Abadi took over.

There is an effort now under way to recover nearly 60 billion that has been stolen from the CBI reserves and from the treasury on falsified contracts and other corruptive measures. The CBi reserves could literally climb over night to 2012 levels very quickly and as it could be months and not years and this would bring us to early 2017...we know they will not issue this 100,000 note until after the RV occurs and it is never going to be used on the streets of Iraq as it is intended for inter-banking transactions only. This we know as factual. So it could be many months or even years before we see this note. But I don’t think longer than months since common sense tells us they were in a budget crunch and so why spend so much money and tie up so much money getting this new note designed and printed now if they did not intend to launch it soon.

So the good news, if any, is that we now know 3 things are now FACTUAL and see these FACTS in writing from the CBI:

· Iraq does need the IMF’s permission to RV
· Iraq CBI needs to increase their reserve of hard currency now sitting in the CBI. It now is almost cut in half from what it was in 2012.
· the legislative track and other issues also have an impact on the exchange rate (so it appears Iraq does need some mandated laws...)


Article quote:
"...the willingness of credit with the international Monetary Fund by which it agreed to grant Iraq a financial loan of $ 5.3 billion agreement..."

...their whole budget relies entirely on oil - everything you see in their budget is their whole oil production... their everything rises and falls on oil production and oil prices. ...this loan is just a vehicle to get the IMF and "world support" on board... two things they really need...

1) IMF oversight and a demonstrated ability to do as they are told...

2) international acceptance... re-integration with the world economies. #2 won't fully happen without #1...AND international acceptance in every way. This includes an internationally priced and accepted currency...

According to economists - once they are internationally integrated - their currency priced right, investment laws are properly amended and internationally accepted - THEY WILL GET HIT WITH A WALL OF INVESTMENT MONEY... (their actual words). When this happens - they will be a lot less dependent on oil income...far more diversified.

[...the IMF is in charge. What say you?]

I agree... and they seem to be responding. I really think all of this is part of "the financial reform"... no doubt. ...unlike in previous regimes - there is no stall here... it's all GO, GO, GO!!

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru



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