Dinar Report

Mountain Goat …Iraq keeps moving forward with their economy as in the article titled. ‘IRON ORE EXTRACTION, SULFUR AND DRY GAS INVESTMENT…THE GOVERNMENT IS DISCUSSING TWO REQUESTS AND A CHINESE OFFER’ The meeting was attended by representatives of several foreign companies…So, Iraq is just not talking about exploiting their mineral resources they are doing something about it to bring it to market. This is part of the economy moving away from the rentier economy.  As investors we must stay focused. We can look at the Iranian / Israel conflict as holding things up, but for Iraq they keep trucking on and on. Al-Sudani stays focused on the objectives. Why. He knows that the SECRET to success is these industrial cities. He must get his country off the ‘rentier’ economy. ______________________________________________________ MarkZ [via PDK] Article: ‘A new development in the payroll file’ Today Kurdistan dues are awaiting federal government vote. This could be a huge move in settling the HCL, oil and gas law etc…which we keep hearing is a final step before values change.  ______________________________________________________ Frank26 (KTFA) The auditing that’s going on with your [Iraqi] banks, in all the years…I’ve never seen an audit in the middle of the year.  To me this is very significant concerning the monetary reform… You’ve been with me a long time, what was it I said to you way back when dinosaurs were around.  I said the day you see the HCL, you see the new exchange rate…The moment you see the oil flowing and metered and registered and accounted for it would be with a new exchange rate…Oil is an amazing indicator right now in our investment of what’s going on with the exchange rate of the Iraqi dinar.   Question: ‘Do you expect to see a slew of articles on the ‘delete the zeros’ before the rate  changes.’ Yes.  And a slew of pictures. ______________________________________________________ Samson (KTFA) Article: ‘Source: Banking activity in Iraq has stopped.’ Quote: ‘An informed source reported that banking activity will be suspended…due to the semi-annual inventory procedures’ Article: ‘The new Chief Justice of the Federal Court assumes his duties and thanks members for withdrawing their retirement requests.’   MilitiaMan Salaries and…the 2025 budget tables…They’re hammering it out…They need to have this resolved before they integrate into the global financial system…They’re going to integrate into the global financial system.  I think they’re going to need an exchange rate to do so which they haven’t done at 1310 for three years.  Obviously they’re going to have a real effective exchange rate… Federal Supreme Court judge left the bench and they replaced him.  There was a government decree for that, a judge came in and all those other judges…that had decided to resign all came back. Article: ‘Six judges on the Federal Supreme Court in addition to three reserve judges withdrew their recent resignations and officially returned to their judicial duties...’ ______________________________________________________ Pimpy Article quote: ‘The US now appears to have activated its threat to cut Iraq from its financial lifeline.’ And how are they going to do that. Quote: ‘The US Federal Reserve account where nearly all of Iraqi oil export revenues flow and which finances Iraq’s entire budget…’ That $35 billion Pimpy told you guys so many times, this is the account I’m talking about.  No, we’re [the U.S. Government] are not invested in the currency.  No, we’re not magically holding on to Iraqi dinar…This is why I keep warning you guys… You can say your currency is worth $10 American on the exchange rate but that doesn’t mean the rest of the world is going to recognize it.  The central bank does control whatever the exchange rate is.  When it goes to a free float then it’s different, the market decides…   ______________________________________________________ Fnu Lnu Article: ‘Prime Minister Mohammed S. Al-Sudani chaired a meeting…to review the legal framework governing the Development Road Project…’ Quote: ‘A specialized committee has been formed to draft the legal frameworks, working in coordination with…Oliver Wyman…’ Some want you to believe the Development Road project is under construction or nearly complete when the truth is, they are still in committee and no roadwork has commenced to this time. The RV is not in the cards at this time. The DRP is vital to the private sector growth they need to safely revalue the currency.    Source : dinarchronicles

Thank you for donating to our website. 

Here are the best selling products on Dinarreport.com

Disclaimer