DINARLAND UPDATE, 31 JULY

 Mountain Goat

The VERY good news…is that the honest Iraqis are waking up and it will very soon become public knowledge that they MUST liberate the dinar and this is the real and only solution. When I talk to my CBI contact I am still told that the Project to Delete the Zeros is “not off the table” and is going to be executed shortly…

MilitiaMan (KTFA)

Sudani did say the Dinar will be stronger than the dollar. There is a lot of talk about the dinar –on the streets and everywhere. It’s all about the exchange rate. This is definitely a big topic…even on the streets.1132 is not going to help them…To me…they are keeping this correction hush, hush…we saw the Arabic side of the budget was published and read by people at 1.3.  A Forbes article said 1.3 and they have been keeping it tight.

I do not think this 1310 or 1.3 means $1.30 cents. 

                         

I think it’s a reciprocal of 1 to 1 and that would be about .77 cents …like dropping the 3 zeros…Then once they apply the REER (Real Effective Exchange Rate) the game is going to change. Their purchasing power is going to change. Their projects in the budget are going to be funded.

Sandy Ingram

Professionals in the currency industry use statements like “Things can change suddenly in the Forex world.”  You must be prepared to protect your profits or you can lose 30% of your wealth the day you realize your currency gains…The wealthy have an unwritten iron-tight rule which they do not teach in public schools – You never spend your initial profits.  You use these profits to generate more profits.  You keep your day job until you can replace your monthly income WITHOUT touching your initial profits…This info is for the new wealthy or exotic currency investors…

Enorrste

…Opening a dinar denominated checking or banking account at Chase for instance as a possibility.  If it’s denominated in dinar and the dinar goes up, then you’re already home free, convert dollars right to your bank.  You get rid of that whole problem of taking 10 million dinar down to downtown Los Angeles and going up 15 stories into some building and hoping you don’t get rousted before you get there.