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Restored Republic via a GCR: Update as of April 22, 2018

Restored Republic via a GCR Update as of April 22 2018 Compiled 12:01 am EDT 22 April 2018 by Judy Byington, MSW, LCSW, ret. CEO, Child Ab...

Wednesday, April 12, 2017

Dinarland Highlights for April 11, 2017

Dinarland Highlights - 4.11.17

loop (Dinar Updates)

"Head of the IMF mission's (term) interest peg to the dollar rather than a large reduction of the Iraqi economy"

The head of the IMF mission in Iraq is answering questions. THe IMF is saying that to decrease the value of the dinar against the dollar would only lead to inflation and that the CBI has the needed reserves to support the economy. [we certainly dont want it devalued any more.] It won't. THere is no reason for it. Their economy is expanding so why on earth would the throw it into reverse? Just like I do not think a float is going to happen. They also are saying that there is no issue with the debt that they have taken on to support the country as long as the follow the process as outlined in the SBA.


Delegation from US Congress visiting Iraq says..."Iraq on the verge of a big boom."

Delta (KTFA)

MASTERCARD...about 2 or 3 days ago...we got the info...started showing the IQD in their system. Still shows their program... .000888 is what it shows right now...and goes up and down. I researched MASTERCARD...it started showing IQD in October 2016. If you go back about a year, if you put in October 13, 2016...you’ll see that MASTERCARD says that the IQD was not available then. We all know why...the CBI had to put things on hold. The CBI is connected internationally to MASTERCARD...we know that MASTERCARD is international. They cannot go Article VIII without changing their rate (international). If you go to the VISA website...you’ll see the IQD too. In my opinion, the CBI is about to do it.

Frank26 (KTFA)

MASTERCARD is extremely successful. So is VISA. Very powerful companies when it comes to banking. MASTERCARD is a banking service. This banking service is going to bridge the IQD inside of Iraq to the international world outside of its borders. MASTERCARD is the bridge to those trapped inside of Iraq right now. MASTERCARD is not just for internationalism, but I will say that is what Iraq is right now. The IQD can now be wired outside of the country...but who wants it right now? ...or do they? The ATM will use the MASTERCARD service. MASTERCARD will also be used for a government payroll system, and the citizens too...IMO...they are INTERNATIONAL RIGHT NOW...only in country...and once that rate goes...OH BUDDY!

When Sims did a 90% decrease – they are NOT doing this to lose money...they are doing it to ADJUST ACCORDINGLY to the rates inside of Iraq right now. A 90% decrease sends a HUGE message. A change is about to occur. Zain and Sims don’t want to stay at a high rate when the value changes...or the competitors would win. This is an amazing move. To go from 10,000 dinars down to 1,000 dinars. There was an order given to my friends, who own a business in Baghdad...that they had to change their pay scale to 1,000 to 1. Right now, I believe they have moved to the next step. No fractional banking...1,000 to 1.

On the NEXT PAY TIME FRAME...which I can’t share with you..uh oh...During this time frame, the citizens will explode with excitement now that they will get more purchasing power. This is NOT a mistake. Zain is NOT dropping their rates as a mistake. They are privy to know that Iraq is going to drop their zeros. These companies obviously know something is about to change...Right before your eyes...in this month of April. Yes [Guru] Delta, they are about to “do it”. In Lebanon, they had a financial conference, talked about the exchange rate ...and IMO...they are doing it.

BGG (Dinar Updates)

[...I saw the ad for Zain prepaid phone cards in denominations of 250, 500, and 1000 IQD. I would assume they would be similar to 25, 50, and 100 dollar cards. Is this then telling us they are removing 1 zero and not 3? Not sure what to think.]

Could just be moving toward increased value. I highly doubt they "take off one zero" since the whole "three zeros project" isn't about nominal value - or moving the decimal point. It's about increasing the value.

mike (Currency Chatter)

"Head of the IMF mission's (term) interest peg to the dollar rather than a large reduction of the Iraqi economy"

Throughout the article the speaker repeatedly references the SBA the US and the Iraqi's have. So far, all Iraq's done is take the support the US has offered in the SBA, but they've done very little outside the scope of the Anti Money Laundering (AML). They need to restructure the state banks and create the legislation to facilitate the open market economy. I don't do rates or dates but we're stuck in a hold pattern until Iraq initiates their side of the SBA. The ball is and always has been in the Iraqi's court, we just need the political will for change, so far, we've seen some movement but not near enough for a open market economy. Abadi and the rest of Iraq are still clinging to Saddam's centralized economic model, it's all they know. IMO.

Dr. Clarke

In our View...APRIL IS THE MONTH. ...we...feel that things will escalate, with the "NEWS YOU'VE BEEN WAITING TO HEAR", toward April 30, 2017 (Sunday)...Maybe a PUBLIC Substantial Rate Increase, AND Maybe the Official announcement of Mosul's Liberation, and all of Iraq's Freedom from Daesh...NOT necessarily in that Order. "PUBLIC" being the Necessary Word. "APRIL Showers, bring MAY Flowers"...which we Already Knew...but something is different NOW. Our "take away", was that while April does begin producing some Flowers, the ones in May, are always More Bountiful, Beautiful and Abundant, because they've been watered, nurtured, aged and fully matured...well to remember, as we have 3 more weeks left in the month of April. FRIENDS, the Middle East "REGION", is now in a Very Good Place...better than most think, for what you want. The Asian "REGION" is soon to be, better than most think...also for what you want...Wait for it. But, not Long. Remember MAY, in your calculations.

Frank26 (KTFA)

[via Mary] They are moving in the right direction of the MR. I think that there are many pieces, there are many parts to it. They’re right in front of our eyes...I mean it’s very obvious what they’re doing. I think that they are adding purchasing power. Inside of the country, they’re adding purchasing power. But when the rate goes up, it leaves the country to add value power. Inside the country a dinar is a dinar is a dinar; you know that story. Once it leaves the country, the value of that currency against other currencies is going to go very high. That’s why they are going to managed float, fixed float – whatever word you want to use - to control that so that they don’t have the same mistake that they went through with Kuwait. Been there, done there – Jack Lew made sure of this in my opinion.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru



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