Dinar Report

Mountain Goat I was told this situation [with Iran] needs to be resolved in one of two ways or a bit of both: 1.  change the regime in Iran 2.  institute banking reforms to cut off the dollars from Iran (already seen this action mostly implemented) …I am told the U.S. absolutely WILL NOT allow the reinstatement of the dinar while this Iranian situation continues. Let’s only pray this ends soon. ______________________________________________________ MarkZ [via PDK] Article: ‘Iraq operates the first phase of a strategic project to invest gas and prevent its flaring’ Part of the white paper reforms.    Some are economic based and some are infrastructure based. This is a project that wasn’t expected to be finished for years and now they say it will be completed in the coming days. They are well ahead of schedule. They want to be energy independent from Iran.  Question: Did the dinar just show up on forex. MarkZ  Yes…briefly about 10pm last night…and with different values. 722.00 to one US dollar popped up last night…and we saw some transitions up to a 1 for 1.  There was sheer craziness for about 30 minutes. The dinar doubled in value within moments. Something is going on.  Is the system updating.  Are values being tested. It was awfully exciting.  The chatter this morning is off the charts…and has drummed up the anticipation big time… But we cannot cash those checks yet. ______________________________________________________ BGG (Dinar Updates) Article: ‘Iraq welcomes the ceasefire, stressing that it is a step towards enhancing stability in the region’ Quotes: ‘The Iraqi Ministry of Foreign Affairs welcomed, on Tuesday, the US initiative that led to a ceasefire agreement between Iran and Israel, stressing that it represents a positive development toward de-escalation and enhancing stability in the region.’; ‘A ceasefire agreement between Iran and Israel entered into force earlier today, pursuant to a declaration by US President Donald Trump, which calls for a comprehensive and complete ceasefire that has been in place for 12 days.’ ______________________________________________________ Frank26 (KTFA) [Iraq boots-on-the-ground report] FIREFLY: We have bases here right now inside of Iraq.  We took cover.  We are being hit hard tonight from Iranian militants.  We heard they blew up a big radar installation and drones are hitting bases here.  All hell has broke out inside Iraq… FRANK: Don’t worry about it.  Take cover for now.  Protect your family… FIREFLY:  We see in our skies here, bases are blown up.  We can see it from the distance…Skies are full of fire here in the northern Iraq where those bases were. FRANK: It was no big deal.  They didn’t do much of any damage. FIREFLY: Television is saying some of the rockets missed their mark…It was the Iranian backed militants here that did it with Iran’s help. FIREFLY: Television says Iran says they have no intentions of closing the Straits of Hormuz. Question: ‘Are we waiting for the justice decision to come out and then the exchange rate happens.’ It looks that way doesn’t it, for the Supreme Court to go ahead and make the final vote.  They’re protecting 12-2C because it’s got the rate in it. Mr. Sammy is very convinced of it… MilitiaMan A lot of turmoil and it’s been going on for…a couple years…The Middle East is very volatile…but…even during the turmoil you’re seeing Iraq has been stable and staying out of the conflict which is really good…Even though this tension has been going for weeks Iraq has still maintained that she’s opening for business…stable… has all the components for her economy to keep moving forward.  That still holds true today… Article: ‘Parliament finance committee calls on the government to submit budget tables’ I know the budget has been tiresome. Everybody is yawning. It’s like, ‘Oh, my God here we go again.’ ______________________________________________________ Fnu Lnu  I’ve told you all that there will be no RV for the remainder of the year…For some…war equals peace, left equals right, and right equals wrong. Go figure. ______________________________________________________ Samson (KTFA) Article: ‘Iraq welcomes the ceasefire, stressing that it is a step towards enhancing stability in the region.’ Article: ‘The dollar is declining. Positive indicators from the Sulaymaniyah Stock Exchange after the war ended.’ [Dinar Guru Note:  A declining dollar vs the Iraqi dinar is what dinar investors want to see.]  Clare (KTFA) Twitter/X post ‘Mazen Al-Ashqar – Urgent: I have received President Trump’s peace terms for Iran, the most important of which for Iraq is #7: Iran must respect the sovereignty of the Iraqi government and allow the disarmament, demobilization, and reintegration of Shiite militias.’ ______________________________________________________ Kaperoni There is no significant RV of the Iraqi dinar.  A currency value can definitely go up, but its value is the result of an increase in economic success and GDP.  Iraq has been working over the last several years to reintegrate its banking system in the global financial system. Such steps will encourage investment, rebuilding of infrastructure, diversifying revenue away from oil.  This is how an economy prospers.   Source : dinarchronicles

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