Dinarland Highlights - 4.16.20
Jeff
Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
Article:
"An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability"
Quote:
"The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays."
The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
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Mountain Goat
Article quote:
"...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..."
so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
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Nathan
...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
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Pimpy
...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
Everyone is presenting the names of the candidates they want to be part of Al-Kazimi's...they're establishing this ministry and getting him voted in as quickly as possible...this has not been voted on yet. It will be voted on I believe next Tuesday...So far so good. Usually by now we've seen all kinds of articles where people were threatening to block the ministry and block the P.M. We're not seeing that right now. I think parliament is smart enough to realize that 'hey we actually don't want to lose our power. We need to find some type of compromise.' We'll keep an eye on what's on...we'll see if it actually makes it ...We will find out next week for sure. Or where they [parliament] get dissolved...
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MarkZ
I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
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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
Jeff
Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
Article:
"An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability"
Quote:
"The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays."
The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
______________________________________________________
Mountain Goat
Article quote:
"...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..."
so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
______________________________________________________
Nathan
...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
______________________________________________________
Pimpy
...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
Everyone is presenting the names of the candidates they want to be part of Al-Kazimi's...they're establishing this ministry and getting him voted in as quickly as possible...this has not been voted on yet. It will be voted on I believe next Tuesday...So far so good. Usually by now we've seen all kinds of articles where people were threatening to block the ministry and block the P.M. We're not seeing that right now. I think parliament is smart enough to realize that 'hey we actually don't want to lose our power. We need to find some type of compromise.' We'll keep an eye on what's on...we'll see if it actually makes it ...We will find out next week for sure. Or where they [parliament] get dissolved...
______________________________________________________
MarkZ
I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
---
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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