“Economic Researcher: The Iraqi budget enters the danger phase” BY MARKZ, 13 OCT

 MarkZ   

 [via PDK] 

  “Gold in Iraq: A promising future for mining”   this article is from 2015 but tells us how much gold they have in the ground etc.  

 I had the privilege of talking with someone in the industry dealing with equipment…they have started moving a lot of gold mining equipment to Iraq. 

Iraq’s gold mining industry is starting to explode. They know they have a tremendous amount of gold and rare earth minerals there.  As a Matter of fact experts over there say they may actually eclipse their oil revenues.

  We do have some interesting news...

Article: “Economic Researcher: The Iraqi budget enters the danger phase”  This article is telling us we are about to see an exponential change.  

Dinar Revaluation : HIGHLIGHTS AND EXCERPTS OF TNT Conference

Economist: 2025 budget amendments pending, approval date before end of year, 13 OCT

 Salah Nouri, a former Director of the Financial Supervision Bureau, confirmed on Saturday that the Ministry of Finance’s re-adjustment of the 2025 budget schedules will be significantly impacted by developments in the global economic situation and military operations.

“The budget schedules are still with the executive authority (the government), and it is expected to be sent to the House of Representatives during the remainder of this October,” he continued in his statement.

Nouri provided the following explanation: “In accordance with Financial Management Law No. (), the House of Representatives must approve the budget before the end of December 2024″ 6) of 2019.”

V

RV UPDATE BY FRANK26, 13 OCT

 Frank26

  Articles...makes it very clear what they're doing - adding value by lifting the 3 zeros.  It's right there.  It's from the Prime Minister.  It's from Alaq the governor of the CBI word for word. 

 Anybody that tell you it's a scam, educate them because this is not Bigfoot.  This is not a UFO.  This is not Lock Ness.  This is a reality...happening right before our eyes. 

  Community comment:   "I believe it will RV before the time they gave."  

The revaluation actually started in 2012... Revaluation is to revalue the currency...This is not to revalue the currency, they're going to reinstate it.  It was $3.22 when it was brought down... 

Because of inflation do you think $3.22 would be fair over 20 years later? 

 No I don't think so.  Therefore the exchange rate is not going to 1000 is it?  It's saying at 1320/1310.  When they lift the three zeros that's be a little over a dollar for the citizens.  Now that's fair.

DINARLAND INSIGHTS FROM MNT GOAT, MARKZ AND FRANK26 @DINARREVALUATION