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Guest Posting & Responding Now Available

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Wednesday, July 26, 2017

Dinarland Highlights for July 25, 2017

Dinarland Highlights - 7.25.17

mike (Currency Chatter)

"Electronic trading and safe way to get the economy moving"

Iraq is a cash society, as soon as that money hits their accounts they'll go to the ATM and pull every dinar out. No one trusts the banks, they still need deposit insurance and banks that operate eight hours a day.This is a utopian view of the future, I wish they'd focus on the current realities and get their banks safe for deposits and move towards an open market economy.

RayRen98 (TNT)

[We would rather expect Abadi to make an announcement – what if someone from the CBI were to make an announcement (if in fact there is an announcement)?]

My sources are not saying anything about announcements just now; they did expect an announcement about the liberation of Mosul, and Abadi did make that. I think it’s less about announcements and more about action now.

[I have heard that the passing of the supplemental budget forced by the IMF signals the CBI to implement the RV. Any truth to this rumor?]

That is the expectation.

[Do you think this week might finally be RV week?]

This week looks pretty good; I think this is our last full week looking for this, if it all goes according to the way I’ve been told. It might spill over into next week to wrap this up.

Frank26 (KTFA)

IMO – the 3 zeros are lifted and the citizens are not using USD’s anymore – and Abadi is in harmony with Allak. The 95/5 was masterful! The IQD is going through a REDOMINATION ...leading to a REVALUATION of their currency because they are going to lift 3 zeros – which will bring in a REDONIMATION as they introduce their LD’s. Meanwhile...the Rafadian Bank now says that they seek working with retirees outside of Iraq with an electronic card on an international level. Allak told the citizens to expect a “break thru” – do you think the ATM’s would qualify for that? Especially if they can’t dispense 3 zero notes? Soon...the CBI will be coming out to all citizens, all banks to make an announcement...

If they announce in the coming days...something very big...like the ATM’s...would that not only force them to use their own currency? This could explode their economic reforms. An article came out a few days ago that told everyone in Iraq...that they have ELECTRICITY RESERVES...and power 24/7...you cannot do banking with sporadic electricity. We have been waiting for the electricity to come on to ACTIVATE things for the monetary reform. Electricity was needed...do you understand the POWER of this? Do you understand...“THEY TURNED IT ON?! The ATM machines will be lit-up like a Christmas tree! ELECTRICITY --- is ready to take Iraq into an INTERNATIONAL world.

Daz (TNT)


Chattels (Wealthwatch)

[...does the power lay with the CBI or Abadi?]

My belief is that it is rather unimportant who has the power between the CBI and the office of the PM. What is important is whether any "public rate" is acceptable / sustainable in the world marketplace.

[so a float would answer that?]

The bottom line to me is what "amount" a sovereign nation is willing to exchange their "dollar" for in dinars? A float rather presumes that there is a value to the dinar initially and whether that value will be stable or increase, eh?


Everything is good. We are on verge of something BIG happening. Behind closed doors, the CBI is working very hard...along with the UST. Allak is proving to all of us that he is doing an excellent job.

[What did you think about the budget?]

A lot of people get confused about it. As I look at parliament – this was one of the IMF’s requirements. They need to pay everybody, farmers...so the IMF did a supplementary budget. They did pass it today [Monday]. Remember...when the CBI pulls the trigger – everything will be adjusted. Without the IMF – nothing works. The 1st week of August is a very important meeting with the IMF. We might see something BEFORE that...or maybe AFTER. Let’s see what the report says. IMO...the CBI is all done. Remember the IMF said about 2 months...they would consider meeting once Iraq complied with everything – including the MR.

Aggiedad77 (KTFA)

"Iraq exempts foreign companies from taxes and will increase them to Iraqis"

IMO it is signs like this that are making those companies and countries in the LL (long line) very restless...like a race horse being put into the gate, very cantankerous and feisty until the bell sounds and the gate flies open...then they are off and running...That is where these countries and companies stand...they are anxious to get in....they want their share of the pie...their share of the gold mine that is Iraq...they are business people who see a profit for their company...for their shareholders...let it come soon...for we are with them as well...IMO.

Mountain Goat

So as Iraq now moves on to the next phase in its history...its now all about the economy. The CBI is not holding back on making the needed changes and adjustments. It is simply amazing how much information the CBI is now publishing and informing the public. It is all very optimistic for us. But when will they tell the citizens they are going to move to the next phase of the “project to delete the zeros”. It has been over a year and a half already since they last educated them on the process. Remember in the fall of 2015? Remember all the news about this project. This is what we can expect to happen again. So when will they do this? They will do this when they are getting ready to execute the next phase. So they are not yet ready to move on it. This is why we have not yet read these articles. It is that simple...we know when they are they must inform the people. In fact the CBI even told us they will, many times. So we sit and wait for this sign. This is now our expectation and major focus.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru



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