RV UPDATE BY TEXAS SNAKE, 19 JULY

TEXAS SNAKE

Unfortunately there is very little intel flowing down from above for the banker but I did get a suggested current valuation in country was $3.60 to $4.00.  Hopefully I will have more very soon.  GOD Bless

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TEXAS SNAKE

Very hopeful banker will provide me an anticipated redemption date in the morning. 

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TEXAS SNAKE

Well folks it's not like we haven't heard this before but, I just got off a call from Hong Kong, London, NYC, Reno, and me.  

They are indicating that certain bond holder groups are having funds disbursed to paymasters over this weekend and that we  as currency holders should remain vigilante for notifications this coming week.  

An FYI only as banker has not suggested same.

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TEXAS SNAKE

Texas Snake, [07/03/2024, 8:33:10 p. m.]

No guarantees but the latest from the banker is the skuttlebutt from above him is certain bond groups will be notified over this weekend and should that occur the currency notices will go out next Tuesday or Wednesday with appointment scheduling afterwards with exchanging beginning the week of the 15th of July.

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 TEXAS SNAKE

Well one item that was confirmed during the call is that there were hundreds of ATM machines positioned all over the city and loaded with new lower denomination notes.  They anticipate this weekend or during the Holy Week celebration.

Well folks there appears to be some degree of validity to this as I just heard from the UK banker putting me on alert.

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Sat. 29 June 2024 Texas Snake

 “I have nothing to confirm the hour we will be notified about appointments to exchange or the dollar value of same, I do know the banker has had his staff on a one hour call to report to their assigned locations once the release has become authorized for the past three days, and that the rate in country was published in the Gazette today Sat. 29 June 2024.  So folks we are extremely close. GOD Bless.”

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TEXAS SNAKE

As most know our Saturday is Iraq's Sunday.  The new Budget was included in the latest Gazette but the rate was not given.  I now have it from 3 different sources that Iraq is planning a nationwide celebration for this Sunday.  

There are many foreign dignitaries in country for the party and the rate will be announced and the new ATM's with the new currency will be opened.  So this is my hoped for announcement for tomorrow.  GOD Bless.....

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Just an FYI but I closed the room after the comments about Gurus and MarkZ, this room is for my connections with major international bankers and NYSE upper management as well as a WF banker involved with actual exchange centers his bank has prepared to do actual monetary exchanges of currencies. 

 I plan on advising once the exchange platform is about to begin so we will have an advance alert.

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-via-telegram.html

https://dinarevaluation.blogspot.com/2024/07/latest-from-texas-snake-4-july.htm

IRAQI DINAR HOT SUMMARY (START AT 2:22) 🙋🏽‍♀️YOUR MAIL & STRATEGIES (FIR...

The Sudanese receive a call from Mohammed bin Salman

 Shafaq News / Prime Minister Mohammed Shiaa Al-Sudani received, on Wednesday evening, a phone call from the Crown Prince of the Kingdom of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud.

A statement by the Sudanese office said that during the call, bilateral relations between the two countries and ways of their development and development in various fields were discussed, as well as the latest developments in the region.

The communication also dealt with a number of topics of common interest, especially in political, economic and development aspects, in a way that pushes towards achieving integration and mutual benefit between the two countries.

https://shafaq.com/ar/سیاسة/السوداني-يتلقى-اتصالاً-من-محمد-بن-سلمان

RV UPDATE BY PIMPY, 19 JULY

 Pimpy  

I keep telling people, the WTO will talk about the Iraqi exchange rate but not in the sense that they're forcing or telling Iraq they have to change their exchange rate.  That's not what they do.  They just talk about trade and any hurdles that are between them and trade members.  They can point something out, they can make recommendations, but it's not up the WTO when it comes to the exchange rate... I know people are telling you it's going to be on July 18th they're going to change the exchange rate.  No they're not.

 It's not the job of the World Trade Organization to handle Iraq's currency exchange rate.  That's not what they're there for.   It's called the World Trade Organization not the World Exchange Rate Organization.  

Iraqi Dinar Guru News Highlights (7/18/24)

Trade Minister arrives in Geneva to chair the negotiating team for Iraq’s accession to the World Trade Organization

 Baghdad – conscious

On Tuesday, Trade Minister Atheer Daoud Salman chaired the negotiating team for Iraq’s accession to the World Trade Organization in Geneva, while noting the further accession of Iraq to the World Organization.

The Ministry of Commerce said in a statement received by the Iraqi News Agency (Waa): “Trade Minister Athir Daoud Salman arrived on Tuesday in Geneva at the head of the Iraqi negotiating team for Iraq’s accession to the World Trade Organization to attend the third meeting of the working group on Iraq’s accession 16 years after the second meeting.”

She added that “Iraq is continuing, through the National Committee on its accession to the World Organization, which is chaired by the Minister of Trade, to complete its procedures to complete the required files and support reforms and legislation in line with the market system and enhance the country’s economic capabilities to complete the requirements of the next phase of the accession process,” explaining that “the preparatory meetings of the Iraqi negotiating team are continuing at the headquarters of the World Trade Organization in Geneva, in preparation for the third meeting of the working group on the accession of Iraq, which will be held during this week.”

Trade Minister arrives in Geneva to chair the negotiating team for Iraq’s 

RV UPDATE BY HARLEQUINC3, 19 JULY

 Harlequinc3 

 Question about the dinar 3-zeros video from 7-17-2024 below:  "As I watch the video, it seems their illustration hints on deleting from the currency in such a way that appears they would not recognize the existing zeros and only accept larger denominations with the thought in mind that the additional 3 zeros are no longer recognized." 

 The CBI will remove 3 zeros off .00076 (1310 IQD: $1USD.) This makes the exchange rate $.76. But almost at the exact same time, they will reinstate their currency internationally to $3.22 (and possibly add inflation for 20 years to it — 20%) up to $3.86. Reinstating it means we can exchange the dinar internationally just like any other currency.   

Think of removing three zeros as literally ‘removing the old currency from circulation.’  That’s all it means.How they do it is entice you and me and Iraqi citizens with an attractive amount. After a certain amount of all that old currency is removed, CBI will up the exchange rate in increments until it hits the rate they want. This is called a dirty float. Most likely after awhile, the CBI will change this to a pure float which is like what you see on regular ForEx, like the dollar does, the Euro does, the pound does, etc. But that won’t matter to you and me because we will have already gotten rid of our dinars and exchanged them for dollars (or whatever currency your own country uses.)