Mountain Goat – Dinar Guru  Article:  “IRAQ PLANS CURRENCY REDENOMINATION AMID ECONOMIC CHALLENGES“ …this is just not another article about the Project to Delete the Zeros but much, much more...I believe this project is going to move forward this fall, and I am told not until after the US election.

Dinar Investor – Jeff   Their budget period would start October 1st…that’s why the news has increased significantly as we’re approaching October.

Samson – Dinar Guru  Article: “First smartphone factory opens in Erbil”

Pimpy – Dinar Guru  They don’t plan on removing any zeros at the moment.  Although my feeling is they will remove the 3 zeros and then change the exchange rate.  What I’m hoping for is that they leave the zeros on and then change the exchange rate.  Anything is possible, but unlikely.  But so far we’ve got the first part we wanted, they are not removing the zeros.

Militia Man – Dinar Guru  I’m not sure how many articles but it’s been five in the last few days, maybe even six that talk about deletion of the zeros.  Article quote:  “Prices involves eliminating a certain number of zeros from the nominal value of the currency…”  That’s the exchange rate…Don’t make it any different…They’re going to take 3 zeros off the nominal value of the currency …That’s been beat to death but it’s cool that they’re still talking about it.

Dinar Investor – Jeff   September is the month where you have seen and heard more from the Central Bank ever throughout this entire year… They have been more vocal and have completed more steps in the month of September than any other month…Critical things are happening.  They’re preparing to go international.

Samson – Dinar Guru  Article:  “MP: Iraq is heading towards ‘major’ economic changes and a global urban revolution“

Mountain Goat – Dinar Guru  …we have been told many times that the Project to Delete the Zeros is not just a common project to redenominate but for Iraq it is also a steppingstone as part of the process to the reinstatement. This is the reason why I am so captivated on what just happened these last few days…We witnessed another onslaught of articles about the Project to Delete the Zeros once again…the news media reports what is going on in Iraq so someone, something must have reignited the spark for the Project to Delete the Zeros…Yes, it was the CBI and when the CBI talks, I listen…the CBI sets monetary policy.  

Clare -Dinar Guru   Article:   “Iraq Plans Currency Redenomination Amid Economic Challenges”  Quote:  “Many countries remove zeros from their currencies to revalue the national currency and facilitate financial transactions. This process involves eliminating a certain number of zeros from the nominal value of the currency, making it less inflationary and more stable.“

Samson – Dinar Guru  Article: “Removing zeros from the Iraqi dinar is back in the spotlight.. Strengthening the currency or just changing its form?”

Militia Man – Dinar Guru   Article quote:  “US Department of Treasury…Deputy Secretary of the Treasury has support for the Central Bank of Iraq and the Prime Minister’s reform agenda…He’s applauded Iraq’s 6% growth in the non-oil economy.”  Here they are just getting started and they’ve already got 6% increase.  That’s huge you guys.  That’s really big.

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Mountain Goat – Dinar Guru   Article:  “BY 48.5%.. BANKS ASSOCIATION: FINANCIAL INCLUSION IN IRAQ HAS INCREASED”  …When will they feel they have achieved enough? I think they are about there already. Choo Choo!!!

Clare – Dinar Guru  Article:  “Iraq participates in the “Future” summit at the United Nations in New York“

Militia Man – Dinar Guru   The ’23, ’24, ’25 tripartite budget for investment they haven’t exposed it yet...Why not?  Probably because it has an exchange rate sensitivity to it.

Dinar Investor – Jeff  Iraq has been secretly amending the budget in the background preparing for this budget period and getting the budget done.  After they approved it June 3rd it was never really completed or published in the Gazette.  They’ve been secretly amending it since that point forward…This investment has gotten real.

Sandy Ingram – Dinar Guru   This is concerning, why do Iranian backed militias keep targeting Israel? …This information comes from 9 different sources…These are real missiles, this is is a real news story…The Israeli Air Force successfully intercepted multiple aerial threats from Iraq.  These included two cruise missiles…rockets…drones…Israel Defense Forces confirmed the interceptions with no targets breached Israeli airspace…The Islamic Resistance in Iraq tied to Iran claimed responsibility…My concern is Israel will respond to Iraq in a harsh way.  It does not matter who is launching the deadly missiles, the threat is coming out of Iraq.

Samson – Dinar Guru    “Prime Minister:   We support investments that aim to diversify the economy away from oil”

Nader – Dinar Guru  [Follow up to Nader’s 3 weeks to exchange large notes to small notes post from 9-22-2024 below]  The only problem we all have here in America, Canada, Australia, England or wherever, you have to find a way to exchange that big bills to smaller bills.  I’m talking about Iraq dinars, you change the 25,000 to 500s.  This how is going to be.  They’re going to have the 1s, 5s, 10s, 25s, 100s, 250s and 500s.  That’s what they going to have…If you have 25,000 [note] it’s going to be 25,000 dinar.

Clare – Dinar Guru   Article:  ”Al-Alaq: We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America“

Militia Man – Dinar Guru  Alaq is stating, ‘we are constantly reviewing the deletion of the zeros from the dinar and there are no restrictions on our balances in America.‘  So here again he’s talking about deletion of the zeros in September 2024 just like he did back in July of 2023.  Quote:  “The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions according to the governor of the Central Bank…adding that the project to remove the zeros in Iraq is under continuous review and study at the bank.”  It’s fascinating to see he’s back beating the drum about deletion of the zeros.

Dinar Investor – Jeff  Next week they have stated they will be announcing the agreed upon actions for the US troop withdrawal.

Mountain Goat – Dinar Guru   Here is the process of the reinstatement…:  Institute the reforms the “Pillars of Financial Reform” – Banking, Insurance, Stock Market;  Get rid of the parallel market and demand for the dollar through the black market;  Realize the Central Bank “official” rate of the dinar and overcome the dollar crisis.;   Be able to raise the “official” rate of the dinar against to dollar to a sustainable, realistic rate that reflects the true economy of Iraq (just over a dollar in-country); Conduct the Project to Delete the Zeros: decrease the monetary mass by collecting these large three zero notes,stashes/hoards of dinars and dollars. Swap out the currency;  Watch/monitor for inflationary pressures on the process;  Reinstate the IQD back to the global currency exchanges ie. FOREX.  Not just a placeholder on FOREX pointing to ISX but the ability of tradable buy and sell options.

Samson – Dinar Guru  Article: “No restrictions on our balances in America“.. Al-Alaq: The number of bank cards has increased to 19.75 million cards“

Militia Man – Dinar Guru  Purchasing power is deserved by this country.  They have assets that are phenomenal.  The non-oil revenues… gold reserves, foreign reserves and other sources of income through taxes and tariffs etc is going to be phenomenal. 

Dinar Investor – Jeff    Supplemental budget…that’s all we’re waiting on.  Right now the actual budget for operating expenses is done.  It will need to be amended though because it doesn’t have the supplementary portion of it to fund the 5-year development plan and reforms…

Nader – Dinar Guru   They’re going to remove the 3 zeros soon… In 1990 Kuwait did the same thing…If you go back in that time and you find the article, you can read it, it’s the same article come out, the big bills are going to be the same than the small bills…25,000 dinars they’re going to count like 25.  What they did was the opposite, the whole opposite, the 25,000 become 25,000.  They stayed 25,000.  When you go change your money [Iraqi dinars] this is what’s going to having…You’ll have three weeks to find a way to exchange your money to small category dinar.  Once you change your money to small categories you guys safe.  That’s how it’s going to work…

Samson – Dinar Guru  Article: ”Central Bank Governor: Activities of sanctioned Iraqi banks continue in all currencies except the dollar“

Militia Man – Dinar Guru  [Gazette Issue] 4782 [supposedly containing the new budget in June] is not there you guys…If they’re going to do Article 140 and you’re going to have a hydrocarbon law you’re going to need to have an official exchange rate…

Jeff – Dinar Guru   Today alone in their news, four different articles talking about deleting the zeros.  This investment has gotten real.  The rate can change at any time now.  It’s very close.