Dinarland Highlights - 2.14.20
RayRen98 (TNT)
...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
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Kaperoni
...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
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Jeff
...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they cant' start the budget approval process until after the rate has changed...
...IMO I think Vietnam 's rate change would probably happen anywhere from somewhere around .05 to .25 cents. Going from where they're at today...that's a huge increase for them...the odds are they have to be linked and timed with the rate change [of the dinar]...I don't think Vietnam will change the rate when Iraq does. I think it's gonna happen a little ways down the road...it would have to be timed with their fiscal year...
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Pimpy
...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
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Bruce (The Big Call)
...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
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MarkZ
[via PDK]
Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
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Kaperoni
This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector"
"To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2020 Dinar Chronicles
RayRen98 (TNT)
...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
______________________________________________________
Kaperoni
...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
______________________________________________________
Jeff
...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they cant' start the budget approval process until after the rate has changed...
...IMO I think Vietnam 's rate change would probably happen anywhere from somewhere around .05 to .25 cents. Going from where they're at today...that's a huge increase for them...the odds are they have to be linked and timed with the rate change [of the dinar]...I don't think Vietnam will change the rate when Iraq does. I think it's gonna happen a little ways down the road...it would have to be timed with their fiscal year...
______________________________________________________
Pimpy
...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
______________________________________________________
Bruce (The Big Call)
...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
______________________________________________________
MarkZ
[via PDK]
Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
______________________________________________________
Kaperoni
This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector"
"To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
---
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2020 Dinar Chronicles
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