STATUS OF THE RV, PART. 1
I want everyone to know that I have thought about having a “live” conference call however with my very busy schedule this simply is not possible right now.
As we get closer to the reinstatement perhaps, I can juggle some time to do short update calls while we exchange or are about to exchange.
This way you do not have to wait till the next Newsletter to get answers to your questions at that critical time.
However this is up to each and every one of my readers as I cannot do all this without some appreciation for all my efforts of research and calls to Iraq.
Also, these up-front audio snip-its I include with the Newsletters are VERY, VERY important. You may want to listen carefully to them and then maybe even replay them. They are chock-full of information. Listen carefully!
In today’s news I want to point out again the rise of the dinar against the dollar continues.
Many economists believe that the rate of the dollar will SOON be equal to the “official” CBI rate of the dinar.
Does this sound like 1:1 to you?
Let’s break it down. So, if the dollar on the parallel market does reach 1320 that’s 1320:1320, is it not?
Then the official rate:parallel market rate, right?
Is this not the same as 1:1? Can you see why they had to get this parallel under control for the next stage of currency reform which in the next in-country revaluation?
Okay all you mathematicians out there – what do you think? Do you get it now? Do you see it now? “WOW! WOW! WOW!” again… Do you see now why I have been placing so much emphasis on this parallel market?
Heck, it was not me alone but the CBI too, of course with the efforts from my CBI contact. “WOW! WOW! WOW!” again… Choo-Choo!
Why would they tell us this if there was not some substance to it. In the articles today we get both sides of the story about the rising dinar and so we can make up our own “opinions” on this matter.
So is this rise in the dinar being permanent or just a short phase. But if you do remember all the FACTS we have been reading like the US cutting off the dollar supply, the correspondent banks and June’s next move and so on and so forth. You can’t forget what you learned from the past.
So, let’s stick to the main issues. Let’s stick to the FACTS and see where it gets us. The main issues are:
1.Will the trend in rise continue or not? 2.Are the causes of this trend from the CBI monetary reforms or other factors,
3. or are you going to believe in false claims of other short-term reasons, which would allow the dinar to drop again?
I’d like to believe that the CBI reforms are now kicking in as the reason for the rise in the dinar.
In fact the director of the CBI told us it was himself. There is also more substantial proof that this is the case. Yes, these other factors help too. They have told us over and over again that they needed time for the reforms to work and so now we see them working now.
All currencies have an element of “speculation” involved to drive up or down the rate very quickly.
But, we in my blog are looking at trends and not speculation. We must look at all the information as a whole of what we have been reading from the past and current news to draw our conclusions.
And the conclusions show us all indicators the rise in the dinar is being orchestrated by the CBI, as the dinar is slowly being pulled out the “sanctioned” mode and put back into circulation with the rest of the world, for the rest of the world.
Just keep remembering there is a process to do this work and it simply does NOT happen overnight as many of these idiotic, stupid intel gurus want you to believe .
My CBI contact has told me that the Iraqi dinar must get off the sole de facto peg to the US dollar to realize (show) any real value of significance.
This can only happen using a “basket” of currencies for the new peg.
This will only happen with a reinstatement back to FOREX is applied.
But for now, we take each step slowly and with an understanding of what is happening. We watch and wait for the next step and then the next and next. This is our choo-choo ride and the stops along the way are the steps to get the reinstatement…remember?
Yes, it is all happening NOW not years from NOW. It is right in our faces now only many can’t see it, want to believe and yet since all these other articles play a role for the significance of the actions of the CBI in the monetary reform process.
Yes, many of these intel gurus are all too busy with their fantasy intel guru bullshit and it has clouded their reality.
What can we expect, most likely in 2025?
Once the parallel market gap is gone and the dollar matches or better (1:1), the CBI official rate of 1320, my contact told me the “official” rate will then revalue.
My guess is it will be around 1166ish or better. They might go straight to 1 dinar = $1 dollar even. Was 1166 not the “official” rate of the Dr Shabibi era when in 2012 he announced the Project to Delete the Zeros was targeted for the fall of that year? I think Ali Alaq has a better plan going better because he can, while in Dr Shabibi era Iraq was still under sanctions.
This is how it works:
Remember for your thought process that a rise in the rate of the dinar is less dinars to the US dollar not more.
I know it is backwards to what some believe as we call a rise usually means more not less. So, actually it is a downward trend in the number of dinars to make up one US dollar. This strengthens the dinar.
So, if the official rate is 1320 we want the dollars in the parallel market to reflect the same or less rate of 1320.
