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.

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(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

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Thursday, August 3, 2017

Dinarland Highlights for August 2, 2017

Dinarland Highlights - 8.2.17


IMF Executive Board Completes Second Review of Iraq’s Stand-By Arrangement and the 2017 Article IV Consultation.


...we could see “out the door” more than one dollar...maybe 1.15 or 1.20...even up to 1.42 is possible...because of them adding inflation...so 1 to 1 would be the bare minimum we could see...and the other reason I think we will see it come out higher than 1 to 1 is that at that rate it is what the Iraqi citizens are used to seeing...a dollar...but anything higher will be very good for them...IMO I think we will see 1.13-1.20 after inflation is added to it.

Bruce (The Big Call)

What we are hearing from Iraq’s point of view is they were going to have the IMF meeting in Iraq today [Tuesday]... I do know that things have occurred over there with the Iraqi citizenry where they do have a new rates and do have their new Qi cards which I refer to they have a share of the oil and gas exploration revenue on those cards. ...Today this morning for the citizens in Iraq, those cards were live and accessible. They were able to access those funds at the new rates... That has to tell us that we are very close. ...I think the IMF meeting was an overall success. I believe what Iraq needed to do is present their rate to the IMF today and I believe they did that successfully. I believe they had that rate approved today.

RayRen98 (TNT)

We are getting some cross-reporting, with articles, and then Iraqi citizens telling us what’s on the television. The articles are saying that the IMF meeting was positive and favorable; one article said, “No trophy yet”, and Iraqi television said that Iraq didn’t meet the requirements of revaluing the rate and eliminating dual currencies. On the IMF site itself, it said that a disbursement was approved (800+ trillion) that Iraq was waiting to receive. There will possibly be a press conference today. Reports came out that the salaries were moved from this week to next week – August 6-7 for military pay and August 8-9 for retirees, at a 1:1 in-country rate. Then a couple of sources claimed yesterday that the rate in-country 1:1. We are looking for the CBI posting 1:1 and an international rate. Time will tell, but we do feel we are in the window, based on the information given.


"In a letter sent by the International Monetary Fund, congratulated the Central Bank of Iraq, the Ministry of Finance and the Prime Minister's Office on the success of the second audit consultation on the Credit Standby Agreement, which came after Implement the programs and financial and monetary targets and put them in a framework that provides for the financial stability of Iraq and meet the financial and security challenges."

However, this says they will have a third review in Sept. on Iraq's monetary policy. That's unusal and I like it.

Mountain Goat

I want everyone not to assume that I am still not optimistic about a significant revaluation of the Iraqi dinar coming soon. I can see all the signs that they will bring back the IQD to its “former glory” soon. It will not take years and I am still looking for it sometime this year. But you have to remember that their economy can only take so much growth and then something must happen or simply put - who would want to come into Iraq to invest if they can’t grow their money?

RayRen98 (TNT)

[What are your sources saying (if anything) as to whether or not there is something else that needs to be completed before the raising of the value of their currency?]

The statements in country seem to be saying that nothing else needs to be done. If the reports of 1:1 are correct, we are just waiting for the last pieces to fall into place.

[Do you think we are realistically still a GO for This Week?]


Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru



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