Dinarland Highlights - 3.11.20
Pimpy
...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st?
...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
______________________________________________________
Kaperoni
...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
______________________________________________________
Footforward
[So much stalling and kicking the can makes you wonder.]
There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
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Frank26 (KTFA)
...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...
Russia refused to scale back on it's [oil] exports and that pissed off Saudi Arabia. And they said whatever they said to Russia...you know what Russia we told you not to mess around...Saudi Arabia says...we will increase our oil production and exports which has now given a surplus of oil in the markets causing the price of oil to go down dramatically pushing dramatically the reinstatement of the Iraqi dinar a lot faster. In order to offset this budget fund deficit...
______________________________________________________
MarkZ
[via PDK]
I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
______________________________________________________
Vital Brad
Article:
"Iraqi Stock Exchange decides to close the investor's hall until March 21."
Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
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Bruce (The Big Call)
[via WiserNow]
...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
---
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
Pimpy
...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st?
...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
______________________________________________________
Kaperoni
...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
______________________________________________________
Footforward
[So much stalling and kicking the can makes you wonder.]
There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
______________________________________________________
Frank26 (KTFA)
...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...
Russia refused to scale back on it's [oil] exports and that pissed off Saudi Arabia. And they said whatever they said to Russia...you know what Russia we told you not to mess around...Saudi Arabia says...we will increase our oil production and exports which has now given a surplus of oil in the markets causing the price of oil to go down dramatically pushing dramatically the reinstatement of the Iraqi dinar a lot faster. In order to offset this budget fund deficit...
______________________________________________________
MarkZ
[via PDK]
I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
______________________________________________________
Vital Brad
Article:
"Iraqi Stock Exchange decides to close the investor's hall until March 21."
Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
______________________________________________________
Bruce (The Big Call)
[via WiserNow]
...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
---
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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