News, Rumors and Opinions Friday 7-31-2026
Ariel: Iraq’s Currency Reset as the Gateway
7-31-2026
Positioning Assets For Broader Operational Objectives: (Part 2)
Section II: Iraq’s Currency Reset As The Gateway
Iraq’s Central Bank, located at Rashid Street, Baghdad, under Governor Ali Mohsen Ismail Al-Alaq, has been executing the Deletion of Three Zeros project in coordination with the International Monetary Fund’s Middle East Technical Assistance Center.
The mechanics are straightforward on paper. The current 25,000 dinar note gets replaced by a 25 new dinar note with equivalent purchasing power. The exchange rate adjusts from approximately 1,310 IQD per USD to a projected range between 1.00 and 3.22 new IQD per USD depending on which internal CBI projection you access.
The WTO accession timeline is critical. Iraq’s Working Party at the WTO, chaired out of the Centre William Rappard, 154 Rue de Lausanne, 1211 Geneva, has been finalizing tariff schedules and trade facilitation agreements through 2026.
The ASYCUDA system (Automated System for Customs Data) developed by UNCTAD in Geneva digitizes Iraq’s entire customs apparatus allowing real-time duty collection, import/export documentation, and cross-border settlement. When Iraq enters the WTO as a full member with ASYCUDA operational its trade settlements need a currency that functions at international par value.
You cannot settle WTO-compliant trade with a currency carrying three phantom zeros. The redenomination is a prerequisite for accession not a reward after it.
How Iraq Opens The Door For Other Currencies:
Iraq becomes the proof of concept. Once a resource-rich sovereign successfully redenominates, digitizes, and integrates into Clarity Act-compliant settlement rails while simultaneously gaining WTO membership, the template exists for replication.
The currencies positioned behind Iraq in the queue based on IMF Article IV consultation patterns and central bank digital currency pilot programs include:
Vietnamese Dong (VND) — Currently approximately 25,400 VND per USD. Vietnam’s State Bank has been running CBDC pilots since 2024 and has the same three-zero problem Iraq has. Manufacturing export powerhouse with tangible GDP backing.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/positioning-for-165258301
https://dinarchronicles.com/2026/07/30/prolotario-iraqs-currency-reset-as-the-gateway/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Stephen The Iraqi citizens have been hoarding Iraqi dinar for the last 23 years...They don't trust the digital banking system because it's been lacking in Iraq for many many years...Iraq's banking system has been so far behind. But that has all been brought up to par. We are entering a phase where it's time to start pulling in all of those old denominations and all that cash from the Iraqi citizens so they could start going digital. I'm speculating here but the easiest way to do that is to issue new denominations and give those new denominations higher value to incentivize the Iraqi citizens to come in and to suck in all those dinar notes, you know, wink wink, dinar revaluation.
JeffSaudi and the United States struck Iran foreign backed militias within Iraq. To me that's probably the very last final piece to this from a security angle. The Iran militias were outstanding so they're being dealt with. They probably put a nice dent or removed them... There's still probably some remaining though.
Reset Intelligence Mazhar Muhammad Salih, the Prime Minister's financial advisor, went on camera about the missing 250 and 500 dinar notes. Paper wears out, he said. He also pointed out that Iraq, unlike most countries, still uses paper for small change where the world uses coins. The currency overhaul Iraq's central bank has kept on file since 2011 puts coins at the small end of the new money, and the official who fronted that plan back then is the same advisor who sat in the studio this week. Coins only exist where the smallest unit of a currency is worth something.
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SILVER UNOBTANIUM! No More Paper Trading In China - The End of the Comex Monopoly | Mario Innecco
The Silver Market: 7-30-2026
China just posted its highest monthly gold imports in over two years — and the real story goes way beyond the headlines.
In this video, we break down why China is simultaneously the world's largest gold PRODUCER and the largest gold IMPORTER, why some researchers believe Beijing's true gold reserves are far higher than the official 2,346 tonnes it reports, and why this fits into a much bigger 50-year resource strategy most of the West isn't paying attention to.
We cover:
✅ China's record 173-tonne gold import surge in June 2026
✅ Why China dominates production AND imports of gold, copper, rare earths, and more
✅ What's really happening with Shanghai Gold Exchange retail rule changes
✅ How the Strait of Hormuz tensions are cracking the petrodollar further
✅ Why the Fed's balance sheet is quietly expanding again
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights.