Bruce (The Big Call)
[via WiserNow]
I verified today that we have six call centers, five in the United States and one in Canada. And Canada will have their own 800 number…for their call center, and their redemption centers will be connected, just like ours will…Now to clarify – redemption centers are real…and we know a half dozen leaders…Our team knows these guys that run the redemption centers…and we know the location of some of the redemption centers…So is there any question in my mind…If there are call centers. None whatsoever.
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MarkZ
[via PDK]
I have one contact tell me that absolutely some fellow bond holders have been paid. But he won’t give me details. I will be trying to find confirmations but they do expect something big to happen this…week in the revaluation process…Group rumors…seem to be focused on Tuesday as getting some positive news. But I have had a couple folks in groups say that timing wise…things are starting to process…we will see. Stay calm as there are a lot of indicators right now pointing at the same time.
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Mountain Goat
Article:
‘CENTRAL BANK CONFIRMS OFFICIAL DOLLAR RATE REMAINS STEADY AT 1,320 DINARS’
The CBI is paying much more for the dollars than their official rate even at 1300. They are using leverage to calm the market for dollars. In other words, they discounted the dollars rather than devalue the official rate. The CBI took the loss and not the economy. So, the TRUTH finally comes out. They created stability in the market…What is really so amazing about this news from the CBI is that they are coming out…and telling what they have been doing all along. This is not bad or good news but just news…
The 1300 is not a revaluation, as it is a much better rate than the 1320.But they explained to us what they have been doing and will continue to use the 1320 as the official rate. The 1300 will be the budgeted rate as it has been for the last three years. Weren’t they supposed to revalue, reinstate and use the new rate on FOREX as we were told should be around $4+. So what happened to our 2026 RV. This is all tied closely to the militia issue. This is the CBI way of telling us the RV was stalled and now postponed …
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Frank26 (KTFA)
We’re headed toward the right conditions for the new exchange rate to be released…What do we need. Security and stability...Where did we need security/stability. From Iran.Do we have it. It seems to be. The women are smoking cigarettes in front of guys. The women in Iran are letting their hair loose in front of the Supreme Leader. The people in Iran are asking President Trump, ‘You like this street.’ We named it after you. Security and stability could not be any brighter, could not be any shinier, could not be any more obvious. That is what we needed for the new exchange rate. Everything else is just noise.
For the billionth and one time, there are no 800 numbers. Stop it.
Nobody knows the date. Nobody knows the rate. But we do know they’re going through a monetary reform process. It doesn’t take a Five Beta Kappa, it doesn’t take Sumakum Laude, it doesn’t take my brain to figure this out. I’m going to miss you because our days are coming to an end.Jeff
Nothing is moving forward. Right now it’s all talk. They’re telling you we’re going to do this, we’re going to that. They’re telling you they’re doing many different things requiring them to have a tradable convertible currency but…it’s all conversation. Nothing’s moving forward that needs a real international rate.
When they go to lift the zeros off the currency, not off the exchange rate, off the currency, when they go to lift that, it lowers the physical size of the currency that’s in circulation. You don’t have 25,000 notes. You’d have a 25 dinar note. What that’s doing is if the size of the currency has scaled down and reduced, so would pay scales. What’s going to happen is the pay scales will reduce when the redenomination occurs and the size of the currency notes reduce…but the currency will have an increase value.
It’s best to take this investment one week at a time and see what happens. They’re not going to give us the date as to when the rate’s going to change. We have to sit back, observe and study it.
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Samson
Article:
‘GOVERNMENT ADVISOR: THE 2026 BUDGET WILL BE THE FIRST LAW SUBMITTED TO PARLIAMENT, AND THE EXCHANGE RATE WILL BE AT 130,000’
Article:
‘UNITED NATIONS : IRAQ HAS BECOME WONDERFUL AND IS STEADILY MOVING TOWARDS STABILITY AND HUMAN DEVELOPMENT’
Article:
‘IRAQ REVEALS THE SIZE OF ITS RESERVES OF ‘IMPORTANT’ MINERALS’ ’
Quote:
‘Iraq is the world’s first in free sedimentary sulphur reserves…second largest in the world in phosphate rock reserves…Iraq is rich in high-purity silica sands…limestone …raw material has enabled Iraq to become self-sufficient in cement…’
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MilitiaManI think the integration process is definitely in front of us…based off the data we see. Let’s see if these gatekeepers will open the floodgate for us.
Paper notes phasing out by 2026. That’s what they said…They’ve been using electronic payments to reduce the note count.OmarTelevision is showing massive and very v*****t protests in Iran…It was all over Iran…r***s, protests, fires. They were all over the streets. They are fed up with the dictator there. There’s rumors the c********n leader has run away and if things fall 20 more…will flee to Russia. They are still in Tehran as of now. The television is saying it’s so bad in the streets a lot o security forces are leaving. Even the security forces are running.
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Clare (KTFA)
Article quote:
‘Saleh pointed out…The exchange rate system in Iraq is determined according to an agreed-upon formula between the Central Bank and the Ministry of Finance; the former represents the monetary policy aspect, while the latter represents the fiscal policy aspect… maintaining the current price of the dollar depends on the fiscal policy playing its role in ‘fiscal adjustment’ by increasing non-oil revenues, reducing public spending, and reviewing financial costs that are scheduled to be reflected in the 2026 budget.’
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Sandy IngramThe bottom line for IQD investors is, reducing dinars in circulation [as the CBI announced they have done] helps control inflation, supports long-term currency strength, signals serious central bank discipline and lays groundwork for future valuation changes. This doesn’t mean instant gains but it moves Iraq in the right direction. Currency values doesn’t change overnight. It changes when the foundation is quietly being rebuilt. That’s exactly what’s happening now.
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Henig (KTFA)
Article:
‘Floating the Moroccan Dirham: Challenges and Opportunities in 2026’
Very interesting. *ANOTHER* country’s currency in the works.Source : dinarchronicles
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