DINAR REVALUATION

Saturday, July 27, 2024

Surprising Changes in Iraq’s Banking: Are You Missing Out”Iraqi Dinar News

The only regional leader.. Nechirvan Barzani participates with world leaders in the opening of the Paris Olympics , 27 JULY

The only regional leader.. Nechirvan Barzani participates with world leaders in the opening of the Paris Olympics

7/26/2024

The President of the Kurdistan Region, Nechirvan Barzani, will participate in the opening ceremony of the Paris 2024 Olympic Games, as one of the prominent figures and the only regional leader at this global event.

This participation represents a milestone in international relations and highlights the Kurdistan Region on the global stage. It also reflects the role of President Nechirvan Barzani as a regional leader and an active and influential party in the international arena.

Relations with France

Nechirvan Barzani's presence reflects the strong relations between the Kurdistan Region and France, which, as one of the countries supporting Kurdistan in various fields, sees Barzani's participation as an opportunity to strengthen these relations.

Interacting with world leaders also allows Barzani to open doors for more cooperation and investment in the region, as participating in a major global event such as the Olympics enhances the image of the Kurdistan Region internationally and demonstrates its ability to play an effective role in major global events.

Another dimension of participation is that it gives Kurdish culture a chance to be in the spotlight, which can enhance the understanding and appreciation of Kurdish culture on a global level.

President Barzani's participation in the international event also enhances the image of cooperation between the Kurdistan Region and the government in Baghdad, as the region shows its interest in participating in major global events, in addition to giving a political message that reflects the stability of the region and its ability to interact with the international community in a positive way.

Barzani and world leaders

In addition to Barzani, France is preparing today, Friday, to receive a large number of heads of state and government, kings, and the First Lady of the United States, Jill Biden, in a unique opening ceremony for the Summer Olympics on the Seine River, amid tight security reinforcements.

The ceremony will also be attended by Iraqi President Abdul Latif Rashid, in addition to a large group of European leaders, headed by the new British Prime Minister Keir Starmer, who seeks to strengthen relations with France, German Chancellor Olaf Scholz, Finnish President Alexander Stubb, Greek Prime Minister Kyriakos Mitsotakis, Georgian Prime Minister Irakli Kobakhidze, accompanied by the country's President Salome Zourabichvili, and Moldovan President Maia Sandu.

The Olympics will be an opportunity for intense diplomatic activity, as the Portuguese UN Secretary-General Antonio Guterres will urge countries to "lay down their weapons", stressing the importance of the "Olympic Truce" called for by French President Emmanuel Macron. LINK

SUMMARY OF RV UPDATES OF NADER FROM MID EAST, 27 JULY

Nader From The Mid East

You heard them talking about corruption. They're going to clean it up but it's going to always be there. It's everywhere. It's in America. It's everywhere in the world. It's in Europe. It's here. Corruption is corruption, the biggest corrupt people you cannot clean them cuz they have powers...You can't do anything against them.

What's going on in Iraq is really really good. Last month you see me talking about this month, about July. I said from now to July 8th you'll get some good news and that's exactly what happened. You see every proof of possibility to revalue or reinstate. I think it's reinstatement more than revaluation.

Lots of things happening...I see good news coming up this week so stay tuned...What's happening now it's good. I can say we are very close.

Nader From The Mid East

Things have been moving a little bit from here to the 8th of July. I hope we have an answer cuz that's what they shooting for. I don't know if it's going to be good or bad...It's more good than bad but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this. You said that.'

SUMMARY OF RV UPDATES OF NADER FROM MID EAST, 21 JUNE

I know they working on the exchange rate from here to the 8th of July. We will have some good news I hope.

---

Article: "Iraq Bulks Up Gold Reserves, Inch Up World Rankings" Quote: "Their holdings have grown to 145.7 tons, a bump of over 3 tons compared to 142.6 tons the previous month. This increase...is enough to nudge Iraq one spot higher in the WGC's global ranking, landing them 31st place out of 100 countries."

Last week...I said Iraq government start a new white paper, it's all about the currency. From here to the 8th of July we should have an answer. What they going to do - Are they going to change the exchange rate or not? That's what I said exactly. They're working on it. I know they created a white paper on that. The CBI... government of Iraq, the reserve and the IMF are all working on the same page on those white papers. I don't know if it's going to change or not...

The UN agreement, 2003 when they invaded the country, now they said the last day is next year 2025. They been talking about the end of the war and this is one of them. That is very good news.

We talk about sovereignty, that's one of them. It's good for Iraq. It's going to make Iraq stronger and happier...Sudani what he's talking about the coalition gonna leave in 2025...it's official.

'Nader you said it was going to happen in June.' No I didn't say in June happen.

I said June they're a possibility for them to work on the dinar because each time they worked on him it's between June and August...They created a new white paper. They're going to start working on the exchange rate and I think from here to the 8th of July. We'll see what's going to happen.

Iraq wanted to de-dollarize. They start de-dollarizing in January but it didn't work for them too much.

The government didn't expect that to happen even by telling them that the dinar are stronger...use the dinar instead of the dollar for the benefits of the country. They tried everything. Now, they said that plan didn't work so they come out to the new white paper...They realized they cannot do nothing without changing the exchange rate.

They're going to have to go down in the exchange rate for the de-dollarization...They're going to have to change their exchange rate...Between now and 8th of July we should have an answer...

what they going to do? Are they going to change the exchange rate...keep it the same...go up...go down?

I think they're going to have to go down on the exchange rate a lot for them to take off the dollar from the street.

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-nader-from-mid-east-1-june.html

Jon Dowling & Lynette Zang Discuss Deep State Interest Rates & Great Wea...

Iraq, Kazakhstan, Russia submit compensation plans to OPEC, 27 July

The Organization of the Petroleum Exporting Countries (OPEC) Secretariat has received compensation plans for excess oil production in the first half of 2024 from Russia, Kazakhstan, and Iraq.

OPEC said in a statement on Wednesday that the three countries overproduced by 2.28 million barrels per day between January and June 2024.

The 37th OPEC and non-OPEC Ecclesiastical Gathering (ONOMM) hung on June 2, 2024, emphasized the basic significance of sticking to full congruity and the pay instrument, as indicated by the proclamation.

Based on estimates from independent sources authorized by the Declaration of Cooperation, these plans were approximately 1,184 tb/d for the Russian Federation, 620 tb/d for Kazakhstan, and 1,184 tb/d for Iraq.

The three nations will lessen their stock consistently by various sums through September 2025.

With 70,000 barrels each day and 18,000 barrels each day, separately, Iraq and Kazakhstan will begin in July while Russian decreases will begin in October.

"Q & A" WITH MNT GOAT, 27 JULY

"Q & A" WITH MNT GOAT

Q & A
Question from clayrich6a2b498e66:
Hi MG, I read your example of the project to delete the zeros is supposedly to work, if I am reading what you describe correctly they will replace the 25K notes with 25 notes of equal value, essentially a LOP, and also from the exchange rate, but that does not solve the problem of current prices of goods, for example a loaf of bread let’s say is priced in the market for 25k for the sake of argument, if they make the 25k note equal to a 25 note, the price of the bread is still 25k, how do they plan to overcome this new difference?



Answer Mnt Goat:
Guten Tag clayrich. Hope you are fine today. I read you question and I have to say I am glad you asked it because you are a bit confused.
First of all, the IMF is not going “lop” the Iraqi dinar. A “lop” is a tool the IMF uses to restart a currency from massive inflation. A good example is the Zimbabwe dollar when in 2016 they gave the citizens weeks to turn in the 100 trillion notes for $25 US dollars each. After the deadline they were worthless. We also have articles for Iraq telling us they WILL NOT lop the....FOR READ MORE: https://dinarevaluation.blogspot.com/2024/06/q-with-mnt-goat-10-june.html
----
"Q & A" BY MNT GOAT
Q & A
Question from carolyncoffen:
Good morning, Mtn Goat,
I read an article earlier coming out of Iraq, stating the best way to protect your future wealth after the RV was to purchase ‘Government Bonds.’ Are we able to purchase those bonds? Thank you for your time and consideration. Have an awesome weekend.
Answer Mnt Goat:



Guten Tag Carolyn again. Seems you are victim of rumors off the internet. Don’t believe everything you hear. They are using all kinds of propaganda to push consumers in different directions, the direction they want. I am not sure what you mean by asking will you be able to purchase the government bonds. Do you mean from the bank when you exchange or meet with a wealth manager? A..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/02/q-by-mnt-goat-7-feb.html