Ariel: Dinar SitRep – You are about to enter an entire different game.
Ariel: Dinar SitRep – You are about to enter an entire different game.
You have to understand. When Iraqi banks form relationships with international banks, it enhances their connectivity to the global financial system. This increased integration allows Iraq to participate more effectively in international trade and finance.
As these banks establish connections, they gain access to foreign exchange markets, including the Forex (foreign exchange) market. Being part of the Forex market enables Iraq to facilitate currency exchange, attract foreign investment, and conduct international transactions more efficiently. It also contributes to the stability of the Iraqi dinar, as increased participation in global financial markets often leads to better management of currency values.
Overall, the collaboration with international banks is a positive step for Iraq in terms of economic stability and progress in the reform of its banking sector.
Do you understand how monumental it is for the US Treasury to confirm this today on Christmas Eve? Did you know the dollar exchange rate is stabilizing and the parallel market is reaching the official price?
Being part of the Forex market enables Iraq to facilitate currency exchange, attract foreign investment, and conduct international transactions more efficiently. It also contributes to the stability of the Iraqi dinar, as increased participation in global financial markets often leads to better management of currency values.
Overall, the collaboration with international banks is a positive step for Iraq in terms of economic stability and progress in the reform of its banking sector. Why do you think I kept reminding you all that on January 1st Iraq will only be using their currency?
Don’t you think they will need all the help they can establish by connecting to other foreign markets to facilitate trade so they can strengthen their currency? And here is the kicker. Iraq will come out with a fixed rate not a float. Do you know what this means?
They will come out at $3-$4 dollars.
If you have 4 million in IQD, guess how much you will have the morning it pops up on Forex? $12-$16 million dollars. Talk about turning a profit.
The other part of this plan is that investing will be easy for you. Because we will be on a gold standard soon. Your money will grow with the market without the fluctuations of the old system. Companies will be confident. Banks will be confident. Insurance companies will be confident. ISO-20022 SOFR Basel 3 Comex 589 Protocol 20 You will have all these tools in the new financial system to protect your money and investments.
You should be more confident than a basket full of cans’. I didn’t even mention the Zimbabwe Bonds. I didn’t even mention the Iranian Rials. I didn’t even mention the Vietnamese Dong. I do not even need the Iraqi Dinar. But it’s a tool and I will use it.
Goodluck to you all. Because you are about to enter an entire different game.