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Wednesday, February 6, 2019

DINARLAND HIGHLIGHTS, 6 FEB

Kirk H. Sowell

So after a long delay, today [Monday] Iraqi President...signs the 2019 budget into law. The delay was due to parliament wanting to make amendments to the budget after it was "passed" on Jan. 24. They just sent it to Salih two days ago.
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MilitiaMan (KTFA)

Article:
"Central Bank: We bought 20 trillion treasury transfers to move the market"

Quote:
"With the increasing confidence of international banks in the Central Bank of Iraq and the lifting of restrictions and barriers"

I really do think this article is massive in that it shows they are ready to defend their new currency!! They have now told us they are ready to go live with an international exchange company that will be traded on the Iraq Stock Exchange...In addition... we see the lifting or restrictions from the CBI directly. The CBI is talking very loud...imo. Well, them telling us they have lifted restrictions and now having populated them selves with 20 Trillion in treasuries to support their currency, it is all but go time. imo.
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Adam Montana

Article:
"The President of the Republic approves the Federal Budget Law"

[Hope it doesn't take 2 weeks to get published in the gazette...]


...the timing of this publication will be very important...

...the stars are lining up very nicely right now.

...First, the budget was submitted, signed, and looks like it will be passed, with a HUGE keynote - a significantly acceptable portion of the budget going to the Kurds. This has been a major point of contention between the parties over the years, in fact it’s possibly the biggest point of disagreement and reason for delays in the budget approval process in recent history.

...the budget...needs to be published in the Gazette to be official. This may be happening yet this week, and if it does...that will be insanely quick.

If you’re not already squirming, let me tell you - this is awesome news. A happy GOI is a GOI that we can get behind, because it’s one that is more likely to RV. And this is possibly the happiest we’ve ever seen them!

...we have more...I’m trying to contain my excitement...We may have an HCL agreement shortly!

...THIS is the kind of movement we need to see for an RV to happen, and I didn’t want to release the news without a full confirmation...you know I’ve been on an “HCL-requirement” ...No HCL = no RV...and now, after a long ride, it's not just on the horizon - it's coming at us, lights flashing and horns blaring! ... the time that we have been waiting on may be over. There is news out right now that is more encouraging regarding the HCL than ANYthing I have ever seen, and that means we’re almost there.
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Kaperoni (Dinar Alert)

So the 2019 budget was signed into law today...those hoping for a RV or some other overnight change in value as a result will be disappointed. Not how it works... 

Huge juice this morning...the US Treasury acknowledges they are ready to support Iraq and Kurdistan in promoting a market economy. This announcement is probably the best news that Iraq is ready to open up to the worlds financial system.
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BGG (Dinar Updates)

...we have PLAINLY published the FACTS surrounding the Kuwaiti reinstatement over and over and over. It was nothing like the various rumors portrayed on the internet... Any comments made by President Trump regarding prosperity are tied directly to his policies and have nothing to do with any future value change of the Iraqi Dinar. Value change or no – the math just doesn’t add up. A massive change in Dinar value doesn’t even bump the needle of the US financial engine. 

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