News, Rumors and Opinions Friday 6-12-2026
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
Ross: Iraq’s Meaningful Fiscal Reform Before the Revaluation
6-11-2026
US is backing Iraq’s shift to program-based budgeting with World Bank support.
A new independent investment vehicle backed by $100-150 billion in guarantees has been approved, separate from the traditional general budget.
This new vehicle is meant to be cleaner and more focused on actual investment projects (infrastructure, development, etc.).
It gives international partners and investors more confidence that their money won’t disappear into the old system
The U.S. support is also tied to progress on consolidating state control over weapons by September.
Quiet but meaningful fiscal reform that is required before the revaluation of IQD
Release your FUD. (Fear, Uncertainty and Doubt)
We’re getting closer.
Source(s):
• https://x.com/Ross_ptm/status/2064897915051757964
https://dinarchronicles.com/2026/06/11/ross-iraqs-meaningful-fiscal-reform-before-the-revaluation/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Reset Intelligence The precedent is March 1933, when Roosevelt shut every bank in America, culled the ones that could not survive examination, and within a year repriced gold from $20.67 to $35 an ounce. Cleanse and filter the system first. Reprice the money second. Iraq is running the same sequence in daylight.
Sandy Ingram Iraq cannot fully move forward economically if armed groups are operating both inside and outside the control of the government of Iraq...This is not new. But what is new is a prime minister has been elected on the basis that he's going to bring the country together and unarm the Iraqi militants...If Iraq can actually do it, if they can change the way investors look at the country, everything can change, including the currency rate of the IQD.
Jeff Budgets are calculated off the currency value. Theoretically...the budget has to come forward right after the rate changes. But rate would have to change in what is called a budget period...The rate has to change in approximate budget period...Very solid confirmation that the rate could be changing in June...It's not 100%. No body knows when the rate change is, month or date...We have enough solid data to know...the budget is going to come forward to be implemented in the second half [of the year], which would be July on. That means the rate would most likely need to change in June...I needed more data. We now have it to really pin down the approximate period in which the rate could be changing. This data strongly suggests June.
Stephen It's a very fluid situation. There's a lot going on. Iraq is moving forward. There's a lot of positive things happening in Iraq. Everything is coming together. The dominoes are falling. If you are an Iraq dinar investor...the end is near...I believe everything is lining up in our favor. I can see the light at the end of the tunnel...Iraq is positioning themselves to be a powerhouse of the Middle East again and the Iraqi dinar is going to be one of the most valuable currencies in the world in the very near future.
Jon Dowling & Larry Ballard Discuss The Wealth Transfer, Currencies & Financial Updates
6-11-2026