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 UniversalOm432Hz@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 Sept. 19, 2018

Restored Republic via a GCR: Update as of Sept. 19, 2018 Compiled 19 Sept. 12:01 am EST by Judy Byington, MSW, LCSW, ret. CEO, Child Abuse...

Sunday, June 17, 2018

Dinarland Highlights for June 16, 2018

Dinarland Highlights - 6.16.18

Kaperoni (Dinar Alert)


Is Iraq on the cusp of currency reform? Now that they've met the latest IMF requirement they could be close to beginning to raise the value. It makes little sense for the CBI to wait since ending the currency auctions, opening up to investors and putting people back to work all benefits Iraq. All at the risk of falling out of compliance and having to start the 3-month 2% or less requirement over again.

Great news! The CBI has officially met the IMF 3-month requirement to maintain the official rate/ market-rate spread at 2% or less. This requirement was a prerequisite to acceptance into IMF Article VIII. They must continue to maintain that until they make the decision to move to Article VIII. If they fall out of compliance they will have to begin the 3-month requirement again. Many believe the CBI will not take that risk and will write the letter to the IMF requesting and accepting Article VIII right away. Personally, I don't think the CBI will move until the new government has been formed. Others disagree but we'll just have to wait and see. Accepting Article VIII has significant benefits to us as investors. The dinar becomes internationally-recognized and convertible and would also require the CBI to move off the peg to some type of float to counter inflationary pressure created by investors/investment. Since Iraq has yet to hold their annual Article IV Consultation with the IMF I expect that will occur at the same time as them accepting Article VIII.

...Iraq would never sell oil for $32 a barrel that's less than it costs them to get it out of the ground. ...Iraq can sell oil on the open market every day of the week for market price...The truth is PM Advisor Saleh told us what will happen to the dinar many years ago when he said the dinar would be held in central banks around the world for a very long time. In other words, central banks are going to use it to prop up their own financial systems.
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Mountain Goat

THERE ARE SO MANY NOW INVESTED WITH DINAR. HOW CAN IRAQ AFFORD TO PAY FOR THIS EXCHANGE? Iraq will pay for the currency exchange through oil credits. In simple terms only countries that participated in the wars will benefit from oil credits, unless they managed to buy them from a country that did. Question: How will these oil credits work? Under normal times any bank would not want to handle this much exchange of any middle eastern currency. It would be way too risky.

...But these are not normal situations for the Iraqi dinar...

The banks will gladly accept the Iraqi dinar because they know they can broker the currency to the US Treasury with a spread (mark-up). Some of it they will hold themselves and trade. The US Treasury will then take the dinar and transfer it over to the Iraqi CBI, where credits for oil at future market price is locked in and already agreed to years ago. Some say at $32/barrel. I am not certain if this is true or not but I now it is substantially below the projected market price over the next 30 years. So you see the more dinar that is exchanged, the better it is for the economy of the country exchanging it back to Iraq. So I would not worry about the volume of currency going back to Iraq. This is all well planned out.

Question:
...WHEN WE EXCHANGE DOESN’T THE US TREASURY HAVE TO COME UP WITH BILLIONS OF DOLLARS. ACCORDING TO THE SCENARIO YOU JUST DESCRIBED THEY WON’T GET THIS MONEY BACK UNTIL OVER THE NEXT 30 YEARS. HOW CAN THE US AND OTHER COUNTRIES AFFORD THIS?

Have you ever heard of “electronic banking”? The US Treasury is funded already to cover these projected amounts. The massive profits to be made at all levels of the transfer of the dinar once it leaves your hands, as the investor, boggles the mind. First there was the money made on a spread when the online currency broker or bank sold the dinar to you. Second is the money you make as the investor on the initial exchange. Third...

...then the bank makes their spread. Forth,... then the US Treasury (US govt) makes billions off of brokering the oil credits to oil companies so they get the oil as discounted prices from Iraq. Some of the oil credits are already sold to other countries that did not participate in the gulf wars. This already helped beef up the gold reserves for the US under Basil III. It is win-win situation for all parties... I want you to truly know your investment and know there is so much money to be made in this process that this event MUST happen.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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