DINARLAND UPDATE, 30 JULY

 Bruce (The Big Call)

[via WiserNow]

We have seen where Iraq the Iraqi dinar has been trading up and up and up. Very very pleased with where the rate is showing on our front  banks screens –  the dinar and I’d say last several days, the Vietnamese Dong is also trading up into a decent range.

Mountain Goat

Am I going to…give you what I heard from the CBI myself this week. Nope!…Until I see stronger evidence of a move by the CBI and not just words I will keep it to myself. 

But I will say this – they told me it is soon not years away!

Frank26 (KTFA)

THE NEW NATIONAL EXCHANGE RATE FOR THE NEW NATIONAL CURRENCY OF IRAQ…BELONGS ONLY TO THE CBI BOARD OF DIRECTORS TO GIVE TO ALAQ THE GOV OF THE CBI… TO GIVE TO THE IRAQI CITIZENS!

As much as we want to blame Sudani…Alaq, you can’t.  There’s really no one to blame.   The monetary reform is actually moving forward and marching in the right direction.  Now it may be moving at the pace of a sloth.  It may be moving at the pace of quicksand.   It may be moving at the pace of a snail.  But it’s moving in the right direction.  Even the turtle won the race…

The key to…the new exchange rate lies in the HCL that is in the budget.  The HCL is just but one of the line items.  The new exchange rate is another one of the line items in the budget.  That’s why I feel that when they bust open this budget it will be like busting open a piñata.  There’s gonna be candy flying everywhere, for everyone…

MarkZ

[via PDK]

out of Vietnam “Vietnam aims to annually exploit 2MN tonnes of rare earths” this points out how strategic the area is and its value. Vietnam is a powerhouse of  manufacturing and technology. They have large amounts of iron ore and untapped energy reserves. They have sizable deposits or rare earth minerals…this will help back the value of their currency in the new commodity based world soon.

Nader From The Mid East

A very good article this morning came out talking about the history of dinar of 2003…it gave me some hope.  That means they still talking about and thinking about the good day.  They want to go back to those good days.  They want to be involved in the world …

MilitiaMan (KTFA)

Article:
“A Representative of The State Law: government measures against the dollar will soon raise the value of the Iraqi dinar“

That’s in the news…I don’t make it up.  This is not a sham.  It’s what they’re telling me.

Sandy Ingram

Article:
“Iraqis banned from dealing in US dollars”

If it is against the law for citizens to use U.S. dollars for any transaction then why is the Central Bank selling the US dollar at the currency window?  To pay for credit card transactions and invoices that must be paid in USD.